2seventy bio, Inc. (TSVT)

May 13, 2025 - TSVT was delisted (reason: acquired by BMY)
5.00
0.00 (0.00%)
Inactive · Last trade price on May 12, 2025
Market Cap266.15M
Revenue (ttm)48.37M -32.1%
Net Income-4.09M
EPS-0.08
Shares Out 53.23M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volumen/a
Openn/a
Previous Close5.00
Day's Rangen/a
52-Week Range2.29 - 5.30
Beta1.05
AnalystsBuy
Price Target6.50 (+30.0%)
Earnings DateMay 7, 2025

About TSVT

2seventy bio, Inc., a cell and gene therapy company, focuses on the research, development, and commercialization of treatments for cancer in the United States. The company’s products pipeline includes Abecma, a chimeric antigen receptor T-cell product candidates for the treatment of multiple myeloma. It has a collaboration arrangement with Bristol Myers Squibb Company. 2seventy bio, Inc. was incorporated in 2021 and is headquartered in Cambridge, Massachusetts.

Industry Biotechnology
Sector Healthcare
Founded 2021
Employees 65
Stock Exchange NASDAQ
Ticker Symbol TSVT
Full Company Profile

Financial Performance

In 2024, 2seventy bio's revenue was $37.86 million, a decrease of -62.28% compared to the previous year's $100.39 million. Losses were -$57.25 million, -73.69% less than in 2023.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for TSVT stock is "Buy." The 12-month stock price target is $6.5, which is an increase of 30.00% from the latest price.

Price Target
$6.5
(30.00% upside)
Analyst Consensus: Buy

News

2seventy bio Reports First Quarter Financial Results and Provides Update on Proposed Acquisition by Bristol Myers Squibb

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), today reported financial results and recent highlights for the first quarter ended March 31, 2025. “We started 2seventy with a sin...

1 year ago - Business Wire

2SEVENTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of 2seventy bio, Inc. - TSVT

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of 2seve...

Other symbols: BMY
1 year ago - Business Wire

2seventy bio Reports Fourth Quarter and Full Year 2024 Financial Results

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), today reported financial results and recent highlights for the fourth quarter and full year ended December 31, 2024. “2024 was a p...

1 year ago - Business Wire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of 2seventy bio, Inc.

NEW YORK , March 11, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by 2seventy bio, Inc. (NASDAQ: TSVT) and its board of directors concerning the proposed a...

Other symbols: BMY
1 year ago - PRNewsWire

Bristol Myers acquires cell therapy partner 2seventy bio for about $286 million

Bristol Myers Squibb will acquire 2seventy bio for about $286 million in cash, sending the cancer cell therapy maker's shares up 76% in premarket trading on Tuesday.

Other symbols: BMY
1 year ago - Reuters

2seventy bio Enters into Definitive Agreement to be Acquired by Bristol Myers Squibb

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), today announced a definitive merger agreement under which Bristol Myers Squibb (NYSE: BMY) (“BMS”) will acquire all of the outstan...

Other symbols: BMY
1 year ago - Business Wire

2seventy bio to Participate in the 2025 TD Cowen Healthcare Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), announced today that members of the management team will participate in a fireside chat at the upcoming TD Cowen 45th Annual Healt...

1 year ago - Business Wire

2seventy bio Reports Preliminary* Full-Year U.S. Abecma Sales and Select Financial Results

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT) today provided full-year Abecma® (idecabtagene vicleucel; ide-cel) sales results for 2024, in partnership with Bristol Myers Squibb...

1 year ago - Business Wire

2seventy bio Reports Third Quarter Financial Results and Recent Operational Progress

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), today reported financial results and recent highlights for the third quarter ended September 30, 2024. “We are very pleased to rep...

1 year ago - Business Wire

2seventy bio to Report Third Quarter 2024 Financial Results and Participate in Upcoming Investor Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT) will announce its third quarter 2024 financial results on Tuesday, November 12, 2024. A conference call and webcast will be held at...

1 year ago - Business Wire

2seventy Bio stops enrolling patients in blood cancer therapy study

2seventy bio will discontinue enrolling patients in a late-stage study of its cell-therapy Abecma, developed in partnership with Bristol-Myers Squibb, for treating patients with newly diagnosed multip...

1 year ago - Reuters

2seventy bio Provides Update on KarMMa-9 Study and Previews Anticipated Strong Third Quarter Revenue Performance

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT) today announced that the Company, in partnership with study sponsor Bristol Myers Squibb (BMS), will discontinue enrollment in its ...

1 year ago - Business Wire

2seventy bio to Participate in the 2024 Morgan Stanley Global Healthcare Conference

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), announced today that members of the management team will participate in a fireside chat at the upcoming Morgan Stanley 22nd Annual...

1 year ago - Business Wire

2seventy bio Reports Second Quarter Financial Results and Recent Operational Progress

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), today reported financial results and recent highlights for the second quarter ended June 30, 2024. “This year has been transformat...

1 year ago - Business Wire

2seventy bio to Report Second Quarter 2024 Financial Results on August 7, 2024

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT) will announce its second quarter 2024 financial results on Wednesday, August 7, 2024. A conference call and webcast will be held at...

1 year ago - Business Wire

2seventy bio Announces Sale of Hemophilia A Candidate and MegaTAL In Vivo Gene Editing Technology to Novo Nordisk for up to $40 million

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), announced today the completion of an asset purchase agreement (“APA”) by Novo Nordisk. Under the terms of the APA, Novo Nordisk ha...

2 years ago - Business Wire

2seventy bio to Participate in Upcoming Investor Conferences

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT) announced today that members of the management team will present at the following upcoming investor conferences: TD Cowen 5th Annua...

2 years ago - Business Wire

2seventy bio Reports First Quarter Financial Results and Recent Operational Progress

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), today reported financial results and recent highlights for the first quarter ended March 31, 2024. “In the first quarter of 2024, ...

2 years ago - Business Wire

2seventy bio to Report First Quarter 2024 Financial Results on May 8, 2024

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT) will announce its first quarter 2024 financial results on Wednesday, May 8, 2024. A conference call and webcast will be held at 8:0...

2 years ago - Business Wire

2seventy bio Announces Completion of Oncology and Autoimmune Pipeline Divestiture to Regeneron

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #TSVT--2seventy bio, Inc. (Nasdaq: TSVT), announced today the completion of the asset purchase agreement (“APA”) by Regeneron Pharmaceuticals, Inc. Under the terms ...

2 years ago - Business Wire

2seventy bio Announces Appointments of Eli Casdin and Charles Newton to Board of Directors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), announced today that Eli Casdin, Chief Investment Officer, and Founder of Casdin Capital, and Charles Newton, Chief Financial Offi...

2 years ago - Business Wire

2seventy bio Reports Fourth Quarter and Full Year 2023 Financial Results and Recent Operational Progress

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #TSVT--2seventy bio, Inc. (Nasdaq: TSVT), a leading immuno-oncology cell therapy company, today reported financial results and recent highlights for the fourth quar...

2 years ago - Business Wire

2seventy bio to Report Fourth Quarter and Full Year 2023 Financial Results and Participate in Upcoming Investor Conferences

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #TSVT--2seventy bio, Inc. (Nasdaq: TSVT) will announce its fourth quarter and full year 2023 financial results on Tuesday, March 5, 2024. A conference call and webc...

2 years ago - Business Wire

2seventy bio to sell experimental cell therapies to Regeneron

Cancer treatment maker 2seventy bio will sell all its experimental cell therapies to Regeneron Pharmaceuticals for an upfront payment of $5 million and focus on its sole approved product Abecma, the t...

Other symbols: REGN
2 years ago - Reuters

2seventy bio Announces New Strategic Path Forward

CAMBRIDGE, Mass.--(BUSINESS WIRE)--2seventy bio, Inc. (Nasdaq: TSVT), announced today that it is transforming the Company to focus exclusively on the commercialization and development of Abecma (ideca...

2 years ago - Business Wire