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Mustang Bio Inc

mustangbio.com

What Do They Do?

Develops licensed cell and gene therapies for solid tumors, including CAR T cells and an oncolytic virus, with research institutions as partners.

How Do They Make Money?

No revenue reported yet.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▲ +41% (Loss)
vs −$762K in Q2 FY2025
  • Apr 17, 2026 Nasdaq notified Mustang of a minimum bid-price deficiency The company has until October 12, 2026, to regain compliance; the notice has no immediate effect on its Nasdaq listing.

Narrower therapy focus The older report described programs for blood cancers, solid tumors, and rare genetic disorders, while the latest report focuses on solid-tumor therapies.

Who Do They Compete With?

Competes with Gilead Sciences and ImmunityBio

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