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Smart Investors Daily
AM

NYSE · AMAM

Ambrx Biopharma Inc.

Healthcare · Biotechnology

$28.00

Up+$0.02 (+0.07%)

Updated Aug 28, 2026, 11:00 AM

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Market cap
1.77B
P/E ratio
-13.86
Dividend yield
0.00%
52-week range
— – —
Volume
1.42M
Avg. volume
2M

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AMAM price history

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AMAM research

Overview

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Company profile

Ambrx Biopharma Inc., a clinical-stage biologics company, discovers and develops engineered precision biologics using its proprietary expanded genetic code technology platform. Its lead product candidate is ARX788, an anti-HER2 antibody-drug conjugate (ADC), which is investigated in various clinical trials for the treatment of breast cancer, gastric/gastroesophageal junction cancer, and other solid tumors, including ongoing Phase 2/3 clinical trials for the treatment of HER2-positive metastatic breast cancer and gastric cancer. The company is also developing two earlier-stage product candidates, including ARX517, an anti-PSMA ADC, which is in a Phase 1 clinical trial for the treatment of prostate cancer and other solid tumors; and ARX305, an anti-CD70 ADC in investigational new drug-enabling studies for the treatment of renal cell carcinoma and other cancers. In addition, it is developing other multiple product candidates targeting immuno-oncology applications, which include ARX822, a fab-small molecule bispecific that is in preclinical development for cancers; and ARX102, an immuno-oncology IL-2 pathway agonist to stimulate the patient's own immune system by targeting the ß and gamma receptors on the cytotoxic T cell. Ambrx Biopharma Inc. has collaborations with Bristol Myers Squibb Company; AbbVie Inc.; BeiGene; Sino Biopharmaceutical Co., Ltd.; NovoCodex; and Elanco Animal Health. The company was incorporated in 2003 and is headquartered in La Jolla, California.

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Analyst outlook

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AMAM recent ratings
DateFirmRatingTarget
Jan 16, 2024BairdNeutral
Jan 10, 2024JMP SecuritiesMarket Perform
Jan 9, 2024B. Riley SecuritiesNeutral
Nov 29, 2023JMP SecuritiesMarket Outperform
Nov 20, 2023JMP SecuritiesMarket Outperform
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GlobeNewswire Inc. · Mar 6, 2024

Ambrx Shareholders Approve Acquisition by Johnson & Johnson

SAN DIEGO, March 06, 2024 (GLOBE NEWSWIRE) -- Ambrx Biopharma, Inc., (“Ambrx” or the “Company”) (NASDAQ: AMAM), today announced that its shareholders approved a proposal to adopt the merger agreement entered into between the Company and Johnson & Johnson at its Special Meeting of Shareholders. As previously announced, under the terms of the transaction, Ambrx shareholders will receive $28.00 per share in cash in connection with the closing of the transaction.

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