Concert Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company that develops novel small molecule drugs for the treatment of autoimmune diseases. The company's lead product candidate is CTP-543, which is in Phase III clinical trial for the treatment of alopecia areata, a serious autoimmune dermatological condition. It has strategic collaborations with Avanir Pharmaceuticals, Inc.; Jazz Pharmaceuticals, Inc.; Cipla Technologies; and Processa Pharmaceuticals. The company was incorporated in 2006 and is headquartered in Lexington, Massachusetts. As of March 6, 2023, Concert Pharmaceuticals, Inc. operates as a subsidiary of Sun Pharmaceutical Industries Limited.
Research context
Concert Pharmaceuticals Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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5 years, 6 months ago
Concert Pharmaceuticals, Inc is currently in a long term downtrend where the price is trading 53.0% below its 200 day moving average.
From a valuation standpoint, the stock is 98.5% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 20.0.
Concert Pharmaceuticals, Inc's total revenue sank by 46.2% to $7K since the same quarter in the previous year.
Its net income has dropped by 9.3% to $-22M since the same quarter in the previous year.
Finally, its free cash flow fell by 6.6% to $-16M since the same quarter in the previous year.
Based on the above factors, Concert Pharmaceuticals, Inc gets an overall score of 1/5.