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Century Therapeutics Inc

centurytx.com

Century Therapeutics (NASDAQ: IPSC) is a clinical-stage biopharmaceutical company developing allogeneic cell therapies derived from induced pluripotent stem cells (iPSCs). The company generates no product revenue as of its 10-K filed March 12, 2026, and funds operations through equity offerings, debt financings, and license or development agreements. Its lead product candidate, CNTY-101, is an iPSC-derived CAR-expressing cell therapy progressing through preclinical and clinical development. The company holds three issued U.S. patents and 24 pending U.S. patent applications covering engineered iPSC cells, cell differentiation technology, and cellular immunotherapy compositions, including its proprietary Allo-Evasion technology. Research and development expenses represent the primary use of capital, directed at expanding iPSC cell therapy platforms, conducting clinical trials, and building clinical-scale cGMP manufacturing capabilities. Century expects continued operating losses and additional capital raises for the foreseeable future.

Products & Services

CNTY-101, an iPSC-derived CAR-expressing cell therapy, is the lead clinical product candidate. The pipeline also includes iPSC-derived alpha-beta and gamma-delta T-cell platforms and beta-islet cell programs. The company's proprietary technologies include Allo-Evasion, CRISPR-mediated precision gene editing for transgene incorporation and gene disruption, and a safety switch construct covered by issued U.S. Patent No. 11,661,459 and U.S. Patent No. 12,269,888.

Revenue Model

No product revenue as of the 10-K filed March 12, 2026. The company finances operations through equity offerings, debt financings, and potentially through license and development agreements or strategic partnerships with third parties.

Customers & Markets

No commercial customers as of the 10-K filed March 12, 2026. End markets are oncology and potentially other diseases treatable by cellular immunotherapy, pending regulatory approval of product candidates.

Geographic Exposure

Operations based in the United States. Patent portfolio consists of U.S. patents and PCT applications. No geographic revenue mix disclosed given pre-revenue stage.

Financial Snapshot

Revenue
TTM
$0.00
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$107.8M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
1024.91%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
264.7M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$95.47M

Stock Price

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Market Cap: $405.8 Million

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