Tango Therapeutics

Tango Therapeutics

TNGX
Is this your company? Claim your profile to update info and connect with investors.
Claim profile

TNGX · Stock Price

USD 23.48+22.34 (+1959.65%)
Market Cap: $3.4B

Historical price data

Market Cap: $3.4BPipeline: 5 drugsPatents: 9HQ: Boston, United States

Overview

Tango Therapeutics is a clinical-stage biotech focused on discovering and developing precision oncology medicines based on synthetic lethality. The company has built a robust pipeline with multiple clinical-stage assets, including PRMT5 and CoREST inhibitors, targeting cancers with specific genetic alterations like MTAP deletion and STK11 mutations. Its integrated discovery platform combines CRISPR-based functional genomics with patient-derived data to systematically identify novel drug targets, positioning it at the forefront of next-generation cancer therapeutics.

Oncology

Technology Platform

An integrated synthetic lethality discovery platform combining CRISPR-based functional genomics, computational biology, and patient-derived data to systematically identify novel drug targets specific to cancer genetic vulnerabilities.

Pipeline

5
5 drugs in pipeline
DrugIndicationStageWatch
TNG908Locally Advanced Solid TumorPhase 1/2
TNG260 + PembrolizumabNon Small Cell Lung CancerPhase 1/2
TNG348 + OlaparibBreast CancerPhase 1/2
S095035 + TNG462MTAP-deleted Solid TumorsPhase 1/2
TNG462 + PembrolizumabLocally Advanced Solid TumorPhase 1/2

Opportunities

Tango's pipeline targets large, genetically defined cancer populations with high unmet need, including MTAP-deleted and STK11-mutant cancers.
Success in its lead PRMT5 and CoREST programs could validate its platform and unlock multi-billion dollar market opportunities.
The company's biomarker-driven strategy aligns with the trend towards precision medicine, potentially enabling faster development and clearer regulatory pathways.

Risk Factors

The company faces significant clinical development risk, as failure in key trials would impact its valuation and prospects.
It operates in a competitive landscape with other firms pursuing similar synthetic lethal targets.
As a pre-revenue company, Tango will require additional capital, posing dilution risk to shareholders.

Competitive Landscape

Tango competes in the precision oncology space with companies like IDEAYA Biosciences/GSK in PRMT5 inhibition and others in the USP1 and CoREST target areas. Its primary competitive edge is its integrated discovery platform, which systematically generates novel, biomarker-defined drug candidates, allowing for a potentially sustainable pipeline beyond its current assets.