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Phio Pharmaceuticals Corp. - Common Stock (PHIO)

1.0800
-0.0900 (-7.69%)
NASDAQ · Last Trade: Apr 4th, 10:31 PM EDT
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Competitors to Phio Pharmaceuticals Corp. - Common Stock (PHIO)

Bluebird Bio BLUE -2.25%

Bluebird Bio operates in the gene therapy space, focusing on genetically modifying patients' cells to treat genetic diseases and cancer. Both Bluebird and Phio explore advanced therapeutic modalities with an emphasis on patient-specific treatments. Bluebird, however, has gained a competitive advantage through a series of FDA approvals and established commercial products, strengthening its market position and operational capacity relative to Phio. This established framework allows Bluebird to launch new therapies more swiftly than Phio, which is still in technical development stages.

Celyad Oncology

Celyad Oncology is focused on developing CAR-T cell therapies for cancer treatment, operating in a competitive space similar to Phio's immunotherapy landscape. While both companies are innovating in cell therapies, Phio has carved out a niche in personalized cancer treatment through its RNA-based therapies. Celyad has a unique advantage with its earlier-stage product pipeline focused on solid tumors, potentially offering it a competitive edge in market presence and clinical trial advancements.

Gilead Sciences, Inc. GILD -3.36%

Gilead Sciences is a major player in the pharmaceutical industry, producing therapies for HIV, liver diseases, and cancer. While Phio Pharmaceuticals specializes in immunotherapy, Gilead’s significant investment in research and development gives it a robust pipeline that can overshadow smaller companies. Gilead's scale and established market position provide it with a competitive edge, allowing it to develop and market a broader range of therapies which can directly compete with Phio's specialized focus.

Sangamo Therapeutics, Inc. SGMO +5.29%

Sangamo Therapeutics focuses on genomic therapies, advancing programs designed to treat various diseases, including genetic disorders and cancer. Both Phio Pharmaceuticals and Sangamo leverage cutting-edge technology in their drug development processes, particularly in areas such as gene editing and genome regulation. Phio's approach emphasizes its proprietary platform for immune modulating therapies, while Sangamo's strengths lie in its ZFN (zinc finger nuclease) technology. As a result, Sangamo may be viewed as ahead in terms of broader application and partnerships in gene therapy, giving them a competitive edge.