10/21/2021 | Press release | Distributed by Public on 10/21/2021 08:05
William Blair initiated research coverage of Jasper Therapeutics, Inc. (JSPR $13.58), which is focused on the development of novel curative therapies based on the biology of hematopoietic stem cells. Jasper's lead asset, JSP191, is a targeted conditioning agent for stem cell transplant that aims to improve outcomes and expand transplant eligibility to more patients.
Analyst Matt Phipps said that JSP191 could transform the bone marrow transplant (BMT) field through safer and more-effective conditioning regimens for hematopoietic stem cell transplant (HSCT).
"We believe JSP191 has demonstrated proof of concept as a monotherapy in severe combined immunodeficiency (SCID) and in combination with reduced-intensity regimens such as fludarabine and low-dose total body irradiation (TBI) in patients with acute myeloid leukemia (AML) or myelodysplastic syndrome (MDS)," he said. "We believe clinical success in rare genetic disorders such as SCID and patients with AML/MDS not eligible for myeloablative regimens will provide initial paths to market ahead of broader expansion across other indications where bone marrow transplants have curative potential."
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William Blair or an affiliate received compensation for investment banking services or non-investment-banking services from Jasper Therapeutics, Inc. within the last 12 months. Jasper Therapeutics, Inc. is or was, within the last 12 months, an investment banking client of William Blair and/or one or more of its affiliates.
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Current Ratings Distribution (as of 10/20/21)
Outperform (Buy): 76%
Market Perform (Hold): 23%
Underperform (Sell): 1%
Inv. Banking Relationships*
Outperform (Buy): 32%
Market Perform (Hold): 12%
Underperform (Sell): 0%
* Percentage of companies in each rating category that are investment banking clients, defined as companies for which William Blair has received compensation for investment banking services within the past 12 months.
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