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MacroGenics, Inc. - Common Stock (MGNX)

1.1500
-0.0700 (-5.74%)
NASDAQ · Last Trade: Apr 4th, 3:48 AM EDT
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Competitors to MacroGenics, Inc. - Common Stock (MGNX)

Amgen Inc. AMGN +1.36%

Amgen is a biotechnology giant with a diverse range of biologic therapies, including those targeting cancer, which puts them in direct competition with MacroGenics. Amgen's strong financial resources and well-established reputation allow them to invest significantly in R&D and to have a broad distribution network. Their existing successful therapies and continuous innovation help maintain their leadership in the therapeutic landscape.

Blueprint Medicines Corporation BPMC -3.22%

Blueprint Medicines focuses on targeted therapies for genomically defined cancers, often competing with MacroGenics in the oncology space. Although Blueprint is generally smaller than some of its competitors, its specialized targeting of genetic mutations allows them to carve out a unique niche in the market. Their specific focus on precision medicine could be seen as both an advantage and a limitation compared to the broader approaches of larger firms.

Genentech, Inc.

Genentech focuses on developing targeted therapies for oncology and autoimmune diseases, often overlapping with MacroGenics' therapeutic development efforts. Their heavy investment in biological research and longstanding expertise give them a competitive edge in the market. Genentech's affiliation with Roche further provides them with resources and a global reach, making it difficult for smaller companies like MacroGenics to compete effectively.

Janssen Pharmaceuticals

Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson, is known for its extensive research in oncology and immunology, providing strong competition to MacroGenics' monoclonal antibody therapies. They leverage large-scale clinical trials and a solid pipeline of drug candidates, allowing them to launch products effectively and dominate key therapeutic areas. Their established market presence and resources give them a competitive edge in drug development and commercialization.

Regeneron Pharmaceuticals REGN -2.39%

Regeneron has carved a niche in developing antibody-based therapies for various diseases, including cancer, similarly to MacroGenics. They utilize their proprietary technologies, such as VelociGene, to accelerate drug discovery and development. Their strong pipeline and established products provide them with a leading market position, creating challenges for MacroGenics in terms of market share and therapeutic competition.