Longeveron Inc. is a clinical-stage biotechnology company. The Company is focused on developing cellular therapies for specific aging-related and life-threatening conditions. The Company's lead investigational product is the LOMECEL-B cell-based therapy product (Lomecel-B), which is derived from culture-expanded medicinal signaling cells (MSCs) that are sourced from bone marrow of young healthy adult donors. The Company is primarily focused on three pipeline indications, which include Hypoplastic Left Heart Syndrome (HLHS), Alzheimer’s disease (AD) and Aging-related Frailty. Its Lomecel-B has multiple mechanisms of action encompassing pro-vascular, pro-regenerative, anti- inflammatory, and tissue repair and healing effects with potential applications across a spectrum of disease areas. The Company has bone marrow supply contracts in with two suppliers: the Oklahoma Blood Institute and Vista Health Research.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 95.74% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 2.39M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 30.73.
Overvalued
The company’s latest PE is 3.09, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 2.18M shares, increasing 11.97% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 144.27K shares of this stock.