Cue Biopharma

Cue Biopharma

CUE
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CUE · Stock Price

USD 35.73+34.95 (+4480.77%)
Market Cap: $113.0M

Historical price data

Market Cap: $113.0MPipeline: 4 drugsFounded: 2015HQ: Cambridge, United States

Overview

Cue Biopharma is developing precision immunotherapies using its Immuno-STAT™ platform to selectively engage and modulate specific T cell populations, with an initial focus on autoimmune conditions and cancer. The company has established strategic collaborations with industry leaders like Boehringer Ingelheim and is advancing its lead asset, CUE-401, toward clinical development. Despite a challenging financial position with a low market valuation, its targeted approach represents a differentiated strategy in the competitive biologics landscape.

Autoimmune DiseasesOncology

Technology Platform

Proprietary Immuno-STAT™ platform engineers bifunctional biologics that use a pMHC complex for selective T cell receptor engagement and an integrated co-stimulatory/inhibitory domain to deliver a precise therapeutic signal.

Pipeline

4
4 drugs in pipeline
DrugIndicationStageWatch
CUE-101 + PembrolizumabHead and Neck Squamous Cell CarcinomaPhase 2
CUE-101Oropharyngeal Squamous Cell CarcinomaPhase 2
CUE-102Recurrent GlioblastomaPhase 1
CUE-102Colorectal CancerPhase 1

Funding History

4
Total raised:$163M
PIPE$40M
IPO$60M
Series B$48M
Series A$15M

Opportunities

The company's platform addresses massive unmet needs in autoimmunity and oncology by aiming for selective immune modulation.
Strategic partnerships with Boehringer Ingelheim and ImmunoScape provide validation, non-dilutive funding, and expertise to accelerate development in high-value areas.

Risk Factors

Extreme financial risk with a ~$20M market cap and no revenue, posing a high likelihood of dilutive financing or insolvency.
The novel, unproven technology faces significant clinical development risk.
Interim leadership in key roles adds execution uncertainty.

Competitive Landscape

Faces competition from companies developing antigen-specific tolerance therapies in autoimmunity and TCR-based/bispecific therapies in oncology. Differentiates via its off-the-shelf, pMHC-targeted biologics with integrated native signaling, but must prove clinical advantage against established and emerging modalities.

Company Timeline

2015Founded

Founded in Cambridge, United States

2017Series B

Series B: $48.0M

2018IPO

IPO — $60.0M

2021PIPE

PIPE: $40.0M