Nkarta

Nkarta

NKTXPhase 2

Nkarta is advancing a new class of cell therapies using engineered natural killer (NK) cells to target and destroy cancer. The company's core technology focuses on developing allogeneic, or 'off-the-shelf,' cell therapies from healthy donor cells, which are engineered with chimeric antigen receptors (CARs) and membrane-bound cytokines to enhance their anti-tumor activity. Key milestones include advancing its lead candidates, NKX101 and NKX019, into clinical trials for hematologic cancers and solid tumors, supported by strategic partnerships and public market funding. Nkarta aims to overcome the limitations of autologous CAR-T therapies by creating readily available, potent, and scalable NK cell products.

Market Cap
$152.0M
Employees
100-250
Focus
Biotech

AI Company Overview

Nkarta is advancing a new class of cell therapies using engineered natural killer (NK) cells to target and destroy cancer. The company's core technology focuses on developing allogeneic, or 'off-the-shelf,' cell therapies from healthy donor cells, which are engineered with chimeric antigen receptors (CARs) and membrane-bound cytokines to enhance their anti-tumor activity. Key milestones include advancing its lead candidates, NKX101 and NKX019, into clinical trials for hematologic cancers and solid tumors, supported by strategic partnerships and public market funding. Nkarta aims to overcome the limitations of autologous CAR-T therapies by creating readily available, potent, and scalable NK cell products.

Technology Platform

Proprietary platform for expanding and engineering allogeneic natural killer (NK) cells from healthy donors, incorporating chimeric antigen receptors (CARs) and membrane-bound cytokines to create off-the-shelf cell therapies for cancer.

Pipeline Snapshot

4

4 drugs in pipeline

DrugIndicationStage
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$252MUndisclosedJul 10, 2020
Series B$114MRA Capital ManagementJun 15, 2020
Series A$48MSamsara BioCapitalJun 15, 2018

Opportunities

Nkarta has significant opportunities in expanding its lead NKX019 program into autoimmune diseases, a large and novel market for cell therapy.
The collaboration with CRISPR Therapeutics accelerates pipeline expansion into new targets.
Success in solid tumors with NKX101 or next-gen programs could unlock the largest oncology market.

Risk Factors

Key risks include clinical failure of lead candidates NKX019 or NKX101, intense competition from both autologous and allogeneic cell therapy companies, and the technical challenges of scaling manufacturing for off-the-shelf cell products.
The company remains pre-revenue and dependent on capital markets.

Competitive Landscape

Nkarta competes with autologous CAR-T leaders (Gilead, BMS) and allogeneic cell therapy companies like Allogene Therapeutics and Fate Therapeutics. Its differentiation lies in its engineered primary NK cell platform with membrane-bound IL-15, targeting both hematologic and solid tumors.

Company Info

TypeTherapeutics
Founded2015
Employees100-250
LocationSouth San Francisco, United States
StagePhase 2
RevenuePre-revenue

Trading

TickerNKTX
ExchangeNASDAQ

Therapeutic Areas

OncologyAutoimmune Diseases

Partners

CRISPR Therapeutics
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