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Metagenomi Therapeutics MGX · USD

Health Care · US listing · 🇺🇸 United States

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0.72

+1.73%

Close of 9 Nov 2026, in USD

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About Metagenomi Therapeutics

From its filings with the US Securities and Exchange Commission

SEC filings

Metagenomi Therapeutics is based in Emeryville, California. Its shares trade on Nasdaq under the ticker MGX. The SEC classifies its business as biological products, (no diagnostic substances). In the fiscal year to 31 December 2025, it reported revenue of $25.2m and a net loss of $87.9m. At that date it held total assets of $221.1m and shareholders' equity of $158.6m.

In its own words

We are an in vivo genome editing company capitalizing on our proprietary technologies to create curative genetic medicines for patients. We were founded on the science of metagenomics, the study of genetic materials recovered from the natural environment, to discover and develop a suite of novel gene editing tools potentially capable of correcting any type of genetic mutation found anywhere in the human genome. We leverage machine learning and artificial intelligence to enhance our signature gene editing systems. In late 2025, we made the decision to strategically reprioritize our pipeline and discovery efforts to focus our resources on driving forward our lead programs that utilize our most advanced, signature gene-editing capabilities with the highest probability of success while maintaining financial discipline to drive sustainable growth and long-term value. We increased our focus on high-value programs in disease indications with well-understood biology and clearly defined clinical development and regulatory pathways to accelerate programs with the potential to deliver therapeutic benefits of gene editing to patients.

Quoted from its 10-K, filed 5 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
9 Feb 2024
Employees
223
Head office
5959 HORTON STREET, EMERYVILLE, CA, 94608
Classification
Biological Products, (No Diagnostic Substances)
Filer status
<br>Emerging growth company

Leadership

Pay as last reported

  • Dr. Brian ThomasChairman of the Board, Chief Executive Officer, Co-Founder, since 2024$6.1m
  • Dr. Jian IrishPresident, Chief Operating Officer, Director, since 2021$3.8m
  • Ms. Pamela WapnickChief Financial Officer$3.6m
  • Mr. Matthew WeinSenior Vice President, Head of Legal, Compliance Officer and Corporate Secretary
  • Dr. Sarah NoonbergChief Medical Officer$2.0m
  • Dr. Willard DereLead Independent Director$663,435
  • Dr. Laurence ReidDirector
  • Mr. Eric BjerkholtIndependent Director
  • Dr. Juergen EckhardtIndependent Director, since 2024$660,221

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
27
Environment
27
Social
31
Governance
23
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Metagenomi Therapeutics Inc employs 223 full-time employees in the US Biotechnology sector.
  • The company's comprehensive metagenomics derived toolbox targets any site in the human genome precisely.
  • Its genome editing toolbox includes programmable nucleases, base editors, and CRISPR-associated transposases (CASTs).

Weaknesses

  • Metagenomi Therapeutics Inc has only 223 employees in the US Biotechnology sector.
  • The company's IPO on February 9, 2024, is recent and unproven.
  • Its platform requires rapid development to prove efficacy in genetic medicine.

Opportunities

  • The US Biotechnology sector offers growth for Metagenomi's metagenomics derived toolbox.
  • Metagenomi's genome editing toolbox can target diverse disease targets in the Health Care industry.
  • The company can expand its modular toolbox for site-specific genome interactions.

Threats

  • The US Biotechnology sector faces intense competition from established players.
  • Metagenomi's recent IPO may face market volatility in 2024.
  • The Health Care industry requires extensive regulatory approvals for genetic medicine.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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