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NKTX · Stock Price

USD 3.15+1.22 (+63.21%)
Market Cap: $228.2M

Historical price data

Market Cap: $228.2MPipeline: 4 drugsFounded: 2015Employees: 51-200HQ: South San Francisco, United States

Overview

Nkarta is a clinical-stage biotech focused on developing engineered, off-the-shelf natural killer (NK) cell therapies for autoimmune diseases and cancer. Its strategy centers on an allogeneic platform designed to overcome the manufacturing complexity and safety limitations of autologous cell therapies. The company has advanced its lead candidate, NKX019, into clinical trials for lupus nephritis and B-cell malignancies, supported by in-house GMP manufacturing capabilities and a strategic pivot emphasizing autoimmune indications.

Autoimmune DiseasesOncology

Technology Platform

Proprietary platform for expanding and engineering allogeneic natural killer (NK) cells, incorporating chimeric antigen receptors (CARs) and membrane-bound IL-15 to create off-the-shelf, cryopreserved cell therapies.

Pipeline

4
4 drugs in pipeline
DrugIndicationStageWatch
NKX019 + Fludarabine + CyclophosphamideSystemic SclerosisPhase 1/2
NKX019 + Fludarabine, CyclophosphamideLupus NephritisPhase 1/2
NKX019Lymphoma, Non-HodgkinPhase 1
NKX101 - CAR NK cell therapyRelapsed/Refractory AMLPhase 1

Funding History

3
Total raised:$414M
IPO$252M
Series B$114M
Series A$48M

Opportunities

Nkarta has a significant opportunity to establish a first-mover advantage in the allogeneic cell therapy space for autoimmune diseases, a large and underserved market.
Success with NKX019 could validate a new treatment paradigm of 'immune reset' with an off-the-shelf, potentially outpatient-administered product.

Risk Factors

The company faces high clinical risk as its lead program is in early-stage trials for a novel application.
It also faces intense competition from both autologous CAR-T therapies and other allogeneic platforms, and will require substantial additional capital to reach commercialization.

Competitive Landscape

Nkarta competes with autologous CAR-T leaders (e.g., BMS, Novartis) in autoimmune disease and a crowded field of allogeneic NK/T cell companies in oncology. Its key differentiation is its allogeneic NK platform focused on outpatient autoimmune therapy with a designed safety profile.

Company Timeline

2015Founded

Founded in South San Francisco, United States

2018Series A

Series A: $48.0M

2020IPO

IPO — $252.0M

2020Series B

Series B: $114.0M