Why CRISPR Therapeutics Stock Is Trading Higher Today

CRISPR Therapeutics CRSP shares are trading higher after the company and its partner Vertex Pharmaceuticals announced the EMA granted Priority Medicines designation to CTX001 for the treatment of transfusion-dependent beta thalassemia.

CTX001 is being investigated in two ongoing clinical trials as a potential one-time therapy for patients suffering from TDT and severe SCD.

CRISPR Therapeutics AG is a gene-editing company. It is engaged in the development of CRISPR/Cas9-based therapeutics.

The stock was 7.3% higher to $135.80 at the time of writing. The stock has a 52-week high of $220.20 and a 52-week low of $46.84.

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