Omega Therapeutics, Inc. operates as a development-stage biopharmaceutical company. Its OMEGA Epigenomic Programming platform is designed to coopt nature's operating system by harnessing the power of epigenetics, the mechanism for gene control and cell differentiation. The company is developing omega epigenomic controller (OEC) candidates to up-regulate the expression of HNF4a, a transcriptional master regulator as a potential way to restore liver-cell function in patients suffering from chronic liver diseases; to control the expression of genes that have been strongly linked to cell-growth inhibition in patients with diabetes and other conditions to restore the capacity for corneal regeneration; to down-regulate expression of the CXCL1, 2, 3, and IL-8 gene cluster; to control expression of genes implicated in patients with idiopathic pulmonary fibrosis to halt or reverse disease progression and improve disease outcomes; to down-regulate the expression of SFRP1, a protein that inhibits hair growth; and to treat non-small cell lung cancer and small cell lung cancer. It is also developing OTX-2002 to down-regulate c-Myc, an oncogene. The company was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.
IPO Year: 2021
Exchange: NASDAQ
Website: omegatherapeutics.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/15/2024 | Outperform → Mkt Perform | Raymond James | |
| 6/18/2024 | $12.00 | Outperform | Raymond James |
| 5/25/2023 | $18.00 → $15.00 | Buy | Jefferies |
| 12/8/2022 | $11.00 | Buy | H.C. Wainwright |
| 9/23/2022 | $12.00 | Buy | Chardan Capital Markets |
| 8/24/2021 | $36.00 | Outperform | Wedbush |
| 8/24/2021 | $30.00 | Buy | Jefferies |
| 8/24/2021 | $30.00 | Overweight | Piper Sandler |
| 8/24/2021 | $22.00 | Neutral | Goldman Sachs |
4 - Omega Therapeutics, Inc. (0001850838) (Issuer)
3 - Omega Therapeutics, Inc. (0001850838) (Issuer)
4 - Omega Therapeutics, Inc. (0001850838) (Issuer)
3 - Omega Therapeutics, Inc. (0001850838) (Issuer)
4 - Omega Therapeutics, Inc. (0001850838) (Issuer)
4 - Omega Therapeutics, Inc. (0001850838) (Issuer)
3 - Omega Therapeutics, Inc. (0001850838) (Issuer)
4 - Omega Therapeutics, Inc. (0001850838) (Issuer)
4 - Omega Therapeutics, Inc. (0001850838) (Issuer)
4 - Omega Therapeutics, Inc. (0001850838) (Issuer)
All 8 patients treated with OTX-2002 in initial two cohorts achieved highly specific on-target genomic engagement, intended epigenetic state change and robust downregulation in expression of c-MYC, a historically ‘undruggable' target First-known clinical observation of pre-transcriptional gene modulation using a programmable epigenomic mRNA candidate Clinical proof-of-platform established; potential applicability across a broad range of diseases Company to host webcast today at 8:00 a.m. ET CAMBRIDGE, Mass., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Omega Therapeutics, Inc. (NASDAQ:OMGA) ("Omega"), a clinical-stage biotechnology company pioneering the development of a new class of programmabl
CAMBRIDGE, Mass., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Omega Therapeutics, Inc. (NASDAQ:OMGA) ("Omega"), a clinical-stage biotechnology company pioneering the development of a new class of programmable epigenomic mRNA medicines, today announced that management will host a conference call and webcast to discuss preliminary clinical data from the ongoing Phase 1/2 MYCHELANGELO™ I trial of OTX-2002 on Tuesday, September 26, 2023, at 8:00 a.m. ET. The webcast will feature members of Omega's leadership team as well as a moderated discussion with Gerard Evan, Ph.D., Principal Group Leader of the Francis Crick Institute in London and Professor of Cancer Biology, King's College London. The live we
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SCHEDULE 13D/A - Omega Therapeutics, Inc. (0001850838) (Subject)
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8-K - Omega Therapeutics, Inc. (0001850838) (Filer)
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10-Q - Omega Therapeutics, Inc. (0001850838) (Filer)
8-K - Omega Therapeutics, Inc. (0001850838) (Filer)
8-K - Omega Therapeutics, Inc. (0001850838) (Filer)
10-Q - Omega Therapeutics, Inc. (0001850838) (Filer)
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Established clinical proof-of-mechanism and validation of epigenomic controllers as potential new class of medicines from completed Phase 1 MYCHELANGELO™ I trial for c-MYC in HCC; Company exploring strategic partnership opportunities for Phase 2 development of OTX-2002Company is focusing capital resources on three prioritized programs that reflect Omega's unique value proposition to enable precision epigenomic control for potential therapeutic advantages versus existing modalitiesBoard has appointed Kaan Certel, Ph.D., as Omega's President and Chief Executive Officer, and Jennifer Nelson, Ph.D., as Chief Scientific OfficerCompany is pursuing strategic partnership opportunities to support dev
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Raymond James downgraded Omega Therapeutics from Outperform to Mkt Perform
Raymond James initiated coverage of Omega Therapeutics with a rating of Outperform and set a new price target of $12.00
Jefferies resumed coverage of Omega Therapeutics with a rating of Buy and set a new price target of $15.00 from $18.00 previously
H.C. Wainwright initiated coverage of Omega Therapeutics with a rating of Buy and set a new price target of $11.00
Chardan Capital Markets initiated coverage of Omega Therapeutics with a rating of Buy and set a new price target of $12.00
Wedbush initiated coverage of Omega Therapeutics with a rating of Outperform and set a new price target of $36.00
Jefferies initiated coverage of Omega Therapeutics with a rating of Buy and set a new price target of $30.00
Piper Sandler initiated coverage of Omega Therapeutics with a rating of Overweight and set a new price target of $30.00
Goldman Sachs initiated coverage of Omega Therapeutics with a rating of Neutral and set a new price target of $22.00
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Established clinical proof-of-mechanism and validation of epigenomic controllers as potential new class of medicines from completed Phase 1 MYCHELANGELO™ I trial for c-MYC in HCC; Company exploring strategic partnership opportunities for Phase 2 development of OTX-2002Company is focusing capital resources on three prioritized programs that reflect Omega's unique value proposition to enable precision epigenomic control for potential therapeutic advantages versus existing modalitiesBoard has appointed Kaan Certel, Ph.D., as Omega's President and Chief Executive Officer, and Jennifer Nelson, Ph.D., as Chief Scientific OfficerCompany is pursuing strategic partnership opportunities to support dev
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Advanced MYCHELANGELO™ I trial; Company expects to select recommended dose for expansion and initiate monotherapy and combination expansion cohorts in fourth quarter of 2024Reinforced diverse capabilities of the OMEGA platform at scientific meetings, including demonstration of precise and durable upregulation of gene expressionStrengthened leadership team with appointment of Kaan Certel, Ph.D., as Chief Business Officer and election of Richard N. Kender to Board of Directors CAMBRIDGE, Mass., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Omega Therapeutics, Inc. (NASDAQ:OMGA) ("Omega"), a clinical-stage biotechnology company pioneering the development of a new class of programmable epigenomic mRNA me
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