IO Biotech Inc is a clinical-stage biopharmaceutical company developing immune-modulating cancer therapies based on T-win technology platform. The Company’s product candidates are designed to induce the immune system to simultaneously target and disrupt multiple pathways that regulate tumor-induced immunosuppression. IO Biotech’s lead product candidate, IO102-IO103, is designed to target the immunosuppressive mechanisms mediated by key immunosuppressive proteins such as IDO and PD-L1. The Company develops a pipeline of product candidates that leverage its T-win technology platform to address targets within the TME. The Company is spin-off of National Cancer for Center Immune Therapy at Herlev University Hospital in Denmark.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 33.63.
Fairly Valued
The company’s latest PE is -0.99, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 43.99M shares, decreasing 21.72% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 139.30K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 13.93.