Driehaus Capital CRBP Position
Exited3-Fund ConvergenceDriehaus Capital exited their position in Corbus Pharmaceuticals Holdings, Inc. (CRBP) in Q4 2024, after holding the stock for 4 quarters.
The position was first reported in Q1 2024 and has been tracked across 4 quarterly 13F filings.
CRBP is a convergence signal: 3 specialist biotech funds hold this stock, suggesting high institutional conviction.
About Corbus Pharmaceuticals Holdings, Inc.
Corbus Pharmaceuticals Holdings, Inc., a biopharmaceutical company, focuses on the development of immune modulators for immuno-oncology and fibrosis diseases. It develops lenabasum, an oral molecule that selectively activates cannabinoid receptor type 2 (CB2), which is in Phase II clinical trial to treat systemic lupus erythematosus; CRB-601, an anti-integrin monoclonal antibody (mAb) for the treatment of cancer and fibrosis that inhibits the activation of transforming growth factor ß (TGFß); and CRB-602, an anti-avß6/avß8 mAb that blocks the activation of TGFß for the treatment of fibrotic diseases. The company is also developing cannabinoid receptor type 1 inverse agonist program for the treatment of metabolic disorders, such as obesity, diabetic nephropathy, diabetic retinopathy, and nonalcoholic steatohepatitis; fibrotic diseases, including lung, cardiac, renal disease, and liver fibrosis; and other diseases comprising ascites, cognitive defects, Prader-Willi syndrome, and smoking cessation. It has a licensing agreement with Jenrin Discovery, LLC to develop and commercialize the licensed products, including the Jenrin library of approximately 600 compounds, and multiple issued and pending patent filings. The company was incorporated in 2009 and is based in Norwood, Massachusetts.
Full company profile →Short Interest
8.7%
6.2 days to cover
Driehaus Capital CRBP Position History
Frequently Asked Questions
Does Driehaus Capital own CRBP?
No. Driehaus Capital exited their position in Corbus Pharmaceuticals Holdings, Inc. (CRBP) in Q4 2024. They previously held the stock for 4 quarters.
How many hedge funds own CRBP?
3 specialist biotech hedge funds currently hold CRBP, including Cormorant Asset Management, OrbiMed Advisors, Tang Capital Management. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Driehaus Capital first buy CRBP?
Driehaus Capital's position in CRBP was first reported in Q1 2024. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Driehaus Capital's CRBP position increasing or decreasing?
Driehaus Capital completely exited their CRBP position in the most recent quarter.
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