5 Of The Best-Performing Biotech Stocks Of 2017

Sangamo Therapeutics, Inc. (SGMO - Free Report) : Clinical-stage biotech company, Sangamo, is focused on translating ground-breaking science into genomic therapies using its platform technologies in genome editing, gene therapy, gene regulation and cell therapy. The company got a shot in the arm earlier this year when it entered into an agreement with Pfizer (PFE - Free Report) for the development and commercialization of gene therapy programs for hemophilia A. The agreement saw Sangamo getting an upfront payment of $70 million with the potential to earn significant milestone payments as well as tiered double-digit royalties on net sales. This deal bodes well for the long-term prospects of the company. The Zacks Rank #2 (Buy) company’s shares are up 468.9% year to date.

Early next year, Sangamo expects preliminary proof-of-concept data on SB-525 (hemophilia A), SB-FIX (hemophilia B), SB-318 (MPS I) and SB-319 (MPS II). Other value drivers could be the signing of partnership deals for the company’s central nervous system/tau and oncology assets.

Alnylam Pharmaceuticals, Inc. (ALNY - Free Report) : RNAi therapeutics company, Alnylam, is focused on rare genetic, cardio-metabolic, and hepatic infectious diseases. The Zacks Rank #3 company has a strong discovery platform and a deep pipeline including four pipeline candidates that are in late-stage development. Alnylam has agreements with companies like Sanofi and Vir Biotechnology. Alnylam’s shares are up 243.4% year to date on the back of pipeline progress during the year.

bluebird bio, Inc. (BLUE - Free Report) : bluebird is a clinical-stage company working on developing lentiviral-based gene therapies for serious genetic diseases and T cell-based immunotherapies for cancer. The company’s pipeline includes Lenti-D, currently in a phase II/III study, for the treatment of cerebral adrenoleukodystrophy, and LentiGlobin, currently in five studies for the treatment of transfusion-dependent β-thalassemia and severe sickle cell disease. The company’s lead oncology programs, bb2121 and bb21217, are anti-BCMA CAR T programs which are being developed in collaboration with Celgene.

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