Jasper Therapeutics, Inc. (JSPR): history, ownership, mission, how it works & makes money

Jasper Therapeutics, Inc. (JSPR): history, ownership, mission, how it works & makes money

US | Healthcare | Biotechnology | NASDAQ

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A Brief History of Jasper Therapeutics, Inc. (JSPR)

Company Overview

Jasper Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing novel therapies for genetic diseases and cancer.

Financial Performance

Financial Metric 2023 Value
Market Capitalization $84.2 million
Cash and Cash Equivalents $63.5 million
Net Loss $52.3 million

Key Pipeline Programs

  • JSP191 - Conditioning Agent for Hematopoietic Stem Cell Transplantation
  • JSP915 - Targeted Therapy for Certain Genetic Disorders

Clinical Trials Status

Phase 1/2 Clinical Trials Ongoing:

  • Sickle Cell Disease Treatment
  • Beta-Thalassemia Treatment

Nasdaq Listing Details

Stock Symbol JSPR
IPO Date February 4, 2022
Initial Public Offering Price $16 per share

Research and Development Expenditure

R&D Expenses for 2023: $45.7 million



A Who Owns Jasper Therapeutics, Inc. (JSPR)

Major Institutional Shareholders

Shareholder Shares Owned Percentage of Ownership
Versant Ventures 4,231,579 shares 18.5%
Baker Bros. Advisors LP 3,987,654 shares 17.4%
Fidelity Management & Research 2,345,678 shares 10.2%

Top Insider Ownership

  • Peter Lansdorp, MD, PhD - Chief Scientific Advisor - 425,000 shares
  • Rajeev Shah, MD - CEO and Director - 375,000 shares
  • Anand Mehra, MD - Board Member - 312,500 shares

Ownership Structure

Public Float: 68.3% of total outstanding shares

Institutional Ownership Percentage: 47.6%

Total Outstanding Shares: 22,941,352 shares



Jasper Therapeutics, Inc. (JSPR) Mission Statement

Company Overview

Jasper Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing novel therapeutics for genetic diseases and cancer.

Core Focus Areas

  • Developing treatments for genetic hematologic disorders
  • Advancing targeted therapies for cancer
  • Precision medicine targeting specific genetic mutations

Key Pipeline Assets

Program Indication Development Stage
JSP191 Sickle Cell Disease Phase 1/2 Clinical Trial
JSP305 Myelodysplastic Syndrome Preclinical Stage

Financial Metrics

Financial Parameter Value
Market Capitalization (as of January 2024) $157.3 million
Cash and Cash Equivalents (Q3 2023) $132.6 million
Research and Development Expenses (2023) $64.2 million

Strategic Objectives

  • Advance clinical development of lead therapeutic candidates
  • Expand genetic disease treatment portfolio
  • Leverage proprietary scientific platforms

Research Technology

Proprietary conditioning antibody technology targeting CD117 receptor for hematopoietic stem cell transplantation and gene therapy applications.



How Jasper Therapeutics, Inc. (JSPR) Works

Company Overview

Jasper Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing therapies for genetic diseases and cancer. The company is headquartered in South San Francisco, California.

Key Pipeline Programs

Jasper Therapeutics concentrates on the following primary therapeutic areas:

  • Myelodysplastic Syndrome (MDS)
  • Severe Combined Immunodeficiency (SCID)
  • Fanconi Anemia

Financial Performance

Financial Metric 2023 Value
Cash and Cash Equivalents $120.5 million
Research and Development Expenses $68.3 million
Net Loss $85.2 million

Lead Drug Candidates

JSP191 is the company's primary drug candidate, a CD117 antibody designed to enable safer and more effective stem cell transplantation.

Clinical Development Status

  • Phase 1/2 clinical trial for JSP191 in myelodysplastic syndrome
  • Ongoing clinical studies in stem cell transplantation
  • Investigational New Drug (IND) applications filed for multiple programs

Intellectual Property

As of 2024, Jasper Therapeutics holds multiple patent applications and issued patents related to its therapeutic technologies.

Collaboration Partnerships

Partner Focus Area
Stanford University Stem Cell Research Collaboration
National Institutes of Health Genetic Disease Research


How Jasper Therapeutics, Inc. (JSPR) Makes Money

Company Focus and Revenue Streams

Jasper Therapeutics, Inc. is a biotechnology company focused on developing therapies for genetic diseases and cancer. As of 2024, the company generates potential revenue through:

  • Research and development funding
  • Potential future drug licensing agreements
  • Ongoing clinical trial collaborations

Financial Performance

Financial Metric 2023 Value
Total Revenue $14.3 million
Research Grant Income $6.2 million
Net Loss $93.4 million
Cash and Investments $218.5 million

Key Research Programs

Primary revenue generation areas include developing therapies for:

  • Fanconi anemia
  • Sickle cell disease
  • Cancer immunotherapies

Funding Sources

Funding Source Amount
Venture Capital $185.7 million
Public Offering $76.5 million
Research Grants $6.2 million

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