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Precision BioSciences
AddedFeb 19, 2024
UpdatedJun 18, 2026
Precision BioSciences

Precision BioSciences

Public

US-based Precision Biosciences, Inc. is a biotech firm specializing in cancer treatment solutions.

HQ
Durham, NC, US
Founded
2006
Overview
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Fundraising
Employees
Website

Founded in Durham, United States, Precision BioSciences, Inc. is a biotech company with a core mission to develop innovative treatments for cancer and other hard-to-treat conditions. Their vision is to leverage their proprietary ARCUS genome editing technology to create a new class of medicines that can potentially cure rare genetic diseases. ARCUS uses sequence-specific DNA-cutting enzymes to precisely edit the DNA of living cells, enabling the insertion, removal, or repair of genetic material.

Notable affiliated people include the scientists who discovered and developed the ARCUS platform. Precision BioSciences has attracted significant investment from leading biotech investors and has achieved key milestones in advancing their genome editing technology. Their impact is evident in the promising preclinical and clinical results that demonstrate the potential of ARCUS to address unmet medical needs, positioning the company as a leader in the field of genome editing and therapeutic development.

Precision BioSciences - Quick Facts

When was Precision BioSciences founded?

Precision BioSciences was founded in 2006.

Where is Precision BioSciences' headquarters located?

Precision BioSciences' headquarters is located in Durham, NC, US.

When was Precision BioSciences' last funding round?

Precision BioSciences' most recent funding round was for $50M (USD) in June 2022.

How much has Precision BioSciences raised to-date?

As of Jun 21, 2022, Precision BioSciences has raised a total of $225.2M (USD).

How many employees does Precision BioSciences have?

Precision BioSciences has 198 employees as of Feb 6, 2024.

Precision BioSciences - Classification

Ownership
  • Public
Technology
  • Biotech
  • GenAI
Geographic Exposure
  • United States
Revenue
  • Licensing
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Cancer Treatment
Unique IDs
  • ein: 000000000
  • secCik: 0001357874
  • ticker: DTIL
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541714Research and Development in Biotechnology (except Nanobiotechnology)
  • 541000Professional, Scientific, and Technical Services
  • 541700Scientific Research and Development Services
  • 541710Research and Development in the Physical, Engineering, and Life Sciences
SIC
  • 2836Biological Products, Except Diagnostic Substances
  • 2800Chemicals And Allied Products
  • 2830Drugs
ISIC
  • 2100Manufacture of pharmaceuticals, medicinal chemical and botanical products
Show 18 more industry codes
NAICS
  • 320000Manufacturing
  • 325400Pharmaceutical and Medicine Manufacturing
  • 325414Biological Product (except Diagnostic) Manufacturing
  • 620000Health Care and Social Assistance
  • 325000Chemical Manufacturing
  • 623000Nursing and Residential Care Facilities
  • 325410Pharmaceutical and Medicine Manufacturing
  • 325412Pharmaceutical Preparation Manufacturing
  • 541715Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
SIC
  • 4000Railroad Transportation
  • 8000Health Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8730Research, Development, And Testing Services
  • 2834Pharmaceutical Preparations
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified
  • 8731Commercial Physical and Biological Research
ISIC
  • 7210Research and experimental development on natural sciences and engineering