C4 Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops novel therapeutic candidates to degrade disease-causing proteins. Its lead product candidate is Cemsidomide, an orally bioavailable MonoDAC degrader of protein that is in Phase 1/2 clinical trials targeting IKZF1 and IKZF3 for multiple myeloma and non-Hodgkin lymphomas, including peripheral T-cell lymphoma and mantle cell lymphoma. The company is also developing CFT1946, an orally bioavailable BiDAC degrader targeting BRAF V600 mutant that is in Phase 1/2 clinical trials to treat melanoma, colorectal cancer, and other solid malignancies; and CFT8919, an orally bioavailable, allosteric, and mutant-selective BiDAC degrader of epidermal growth factor receptor with an L858R mutation in non-small cell lung cancer. It has strategic collaborations with F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc.; Biogen MA, Inc.; Betta Pharmaceuticals, Co., Ltd.; Merck KGaA; and Merck Sharp & Dohme, LLC, as well as Calico Life Sciences LLC. The company was incorporated in 2015 and is headquartered in Watertown, Massachusetts.
Metrics to compare | CCCC | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipCCCCPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.6x | −6.4x | −0.6x | |
PEG Ratio | 0.74 | −0.02 | 0.00 | |
Price/Book | 1.3x | 2.4x | 2.6x | |
Price / LTM Sales | 6.5x | 20.0x | 3.2x | |
Upside (Analyst Target) | 246.5% | 42.9% | 41.8% | |
Fair Value Upside | Unlock | 1.0% | 5.1% | Unlock |