Mustang Bio (MBIO)

Nasdaq Market Closed

Mustang Bio, Inc. is a clinical-stage biotechnology company developing cell and gene therapy candidates for cancers and rare diseases. The company’s strategy is to identify promising academic or early-stage medical technologies, secure rights to them through licensing or ownership arrangements, and fund further development with the aim of advancing them through clinical testing. Its work sits in a high-risk, research-intensive area of healthcare where scientific validation, regulatory progress, manufacturing capability, and access to capital are central to the investment case.

A key focus for Mustang Bio is chimeric antigen receptor T-cell therapy, commonly known as CAR-T. CAR-T treatments involve engineering a patient’s immune cells to recognize and attack disease targets, and the field has become an important part of oncology research, especially in certain blood cancers. Mustang Bio’s pipeline includes CAR-T approaches for hematologic malignancies as well as programmes aimed at solid tumors, where the biological and clinical challenges can be more complex.

The company has also worked on gene therapy candidates for rare genetic disorders. These programmes are designed around the concept of addressing disease at the genetic level, although development timelines can be lengthy and outcomes are uncertain until supported by clinical evidence. As a development-stage biopharmaceutical company, Mustang Bio does not resemble a diversified pharmaceutical manufacturer with established commercial products. Its value is more closely linked to pipeline execution, trial results, intellectual property, partnerships, regulatory decisions, and financing needs. MBIO therefore represents exposure to an emerging therapeutics platform company seeking to translate advanced cell and gene therapy science into potential treatments for difficult-to-treat diseases.

0.74 USD
0.61 USD
−0.02 (-2.64%)
Pre-market

Last updated

Market Cap
5.61M
P/E
P/FCF
P/S
Enterprise Value
-10.65M
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
95 SAWYER RD, WALTHAM, MA, 02453
GlobeNewswire Inc.

Mustang Bio Announces Closing of $8 Million Public Offering

10 Feb 2025, 13:00 PM
GlobeNewswire Inc.

Mustang Bio Announces Pricing of $8 Million Public Offering

06 Feb 2025, 12:00 PM
Investing.com

Fortress Biotech CEO buys $36.7k in preferred stock - Investing.com

10 Jul 2024, 13:41 PM
GlobeNewswire Inc.

Mustang Bio Announces Closing of $2.5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

21 Jun 2024, 21:01 PM
GlobeNewswire Inc.

Mustang Bio Announces $2.5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

20 Jun 2024, 13:00 PM
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20 Jun 2024, 11:02 AM
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Mustang (MBIO) Soars 477% on Data From Rare Blood Cancer Study

18 Jun 2024, 15:22 PM
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18 Jun 2024, 11:28 AM
GlobeNewswire Inc.

Mustang Bio Announces Favorable Efficacy and Safety Data from Complete Waldenstrom Macroglobulinemia Cohort of Phase 1/2 Clinical Trial of MB-106, CD20-Targeted Autologous CAR-T Therapy

17 Jun 2024, 13:30 PM
GlobeNewswire Inc.

Mustang Bio Announces Closing of $4 Million Public Offering

02 May 2024, 21:01 PM
GlobeNewswire Inc.

Mustang Bio Announces Pricing of $4 Million Public Offering

30 Apr 2024, 01:00 AM
GlobeNewswire Inc.

Mustang Bio Announces Vision for CAR T-Cell Therapy Platform Expansion into Autoimmune Diseases

28 Mar 2024, 13:00 PM
GlobeNewswire Inc.

Mustang Bio Reports Full-Year 2023 Financial Results and Recent Corporate Highlights

11 Mar 2024, 20:05 PM
GlobeNewswire Inc.

Mustang Bio Announces Publication in Nature Medicine of Data from Phase 1 Trial Evaluating MB-101 IL13Rα2-targeted CAR T-Cells in High-Grade Glioma

07 Mar 2024, 12:30 PM
GlobeNewswire Inc.

Mustang Bio to Participate in the B. Riley Securities 4th Annual Oncology Conference

11 Jan 2024, 13:30 PM
GlobeNewswire Inc.

Mustang Bio Reports Third Quarter 2023 Financial Results and Recent Corporate Highlights

14 Nov 2023, 21:05 PM
GlobeNewswire Inc.

Mustang Bio Announces MB-106 CD20-Targeted CAR-T Data Selected for Presentation at 65th American Society of Hematology (ASH) Annual Meeting

02 Nov 2023, 13:28 PM
GlobeNewswire Inc.

Mustang Bio Announces Closing of $4.4 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

30 Oct 2023, 18:15 PM
GlobeNewswire Inc.

Mustang Bio Announces $4.4 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

26 Oct 2023, 17:30 PM
GlobeNewswire Inc.

Mustang Bio Announces FDA Acceptance of IND Application for MB-109, a Novel Combination of MB-101 (IL13Rα2‐targeted CAR-T cell therapy) and MB-108 (HSV-1 oncolytic virus), for the Treatment of Recurrent Glioblastoma and High-Grade Astrocytoma

26 Oct 2023, 14:00 PM
Market Cap
5.61M
Enterprise Value
-10.65M
P/E
P/B
0.65
P/S
EV / EBITDA
3.29
EV / Sales
EPS
-0.36
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
-31.68%
ROA
-16.42%
Debt / Equity
0
Current Ratio
2.12
Quick Ratio
2.12
Cash
2.07
Avg Volume
51.52K
Fundamentals Snapshot Price
0.74

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue
Gross profit
Operating income -1.06M -670K -624K -885K -253K
EBITDA -1.06M -670K -624K -885K -219K
Net income -955K -538K -468K -762K -153K
Basic EPS -0.14 -0.07 -0.07 -0.19 -0.05
Diluted EPS -0.14 -0.07 -0.07 -0.19 -0.05

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 16.58M 17.59M 19.36M 13.05M 14.91M
Total liabilities 7.99M 8.06M 9.59M 10.15M 11.3M
Total equity 8.6M 9.53M 9.77M 2.89M 3.61M
Cash & equivalents 16.26M 17.27M 18.98M 12.66M 14.23M
Current assets 16.58M 17.59M 19.36M 13.05M 14.91M
Current liabilities 7.84M 7.91M 9.44M 10M 11.15M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -1.01M -1.72M -818K -1.34M -1.39M
Investing cash flow 0 0 0 1.17M
Financing cash flow 0 7.15M -235K 7.62M
Change in cash -1.01M -1.72M 6.33M -1.57M 7.39M
Kind Filing Date Link
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form 4 Form 4 — Litchman Manuel MD View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
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edgar index 10-K — MUSTANG BIO, INC. View Filing
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edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
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form 4 Form 4 — Fortress Biotech, Inc. View Filing
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edgar index 8-K — MUSTANG BIO, INC. View Filing
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edgar index DEF 14A — MUSTANG BIO, INC. View Filing
edgar index 10-Q — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Fortress Biotech, Inc. View Filing
edgar index 424B5 — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13G/A — MUSTANG BIO, INC. View Filing
edgar index 10-Q — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G/A — MUSTANG BIO, INC. View Filing
edgar index 10-Q — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13G/A — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Litchman Manuel MD View Filing
edgar index EFFECT — MUSTANG BIO, INC. View Filing
edgar index POS AM — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
edgar index 4 — MUSTANG BIO, INC. View Filing
edgar index 424B3 — MUSTANG BIO, INC. View Filing
edgar index POS EX — MUSTANG BIO, INC. View Filing
form 4 Form 4 — Fortress Biotech, Inc. View Filing
edgar index 10-K — MUSTANG BIO, INC. View Filing
ten k section 10-K — business View Filing
ten k section 10-K — risk_factors View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index DEF 14C — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index 424B3 — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index PRE 14C — MUSTANG BIO, INC. View Filing
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edgar index SCHEDULE 13G — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index 424B3 — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index SCHEDULE 13G — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 424B4 — MUSTANG BIO, INC. View Filing
edgar index S-1/A — MUSTANG BIO, INC. View Filing
edgar index CORRESP — MUSTANG BIO, INC. View Filing
edgar index EFFECT — MUSTANG BIO, INC. View Filing
edgar index DEF 14C — MUSTANG BIO, INC. View Filing
edgar index UPLOAD — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
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edgar index S-1 — MUSTANG BIO, INC. View Filing
edgar index 8-K — MUSTANG BIO, INC. View Filing
edgar index PRE 14C — MUSTANG BIO, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13D/A — MUSTANG BIO, INC. View Filing
edgar index 3 — MUSTANG BIO, INC. View Filing