Startups Directory
Company Profile
website:
employees:
16
industry:
Biotechnology
investors:
None
address:
302 East Pettigrew Street Dibrell Building, Suite A-100 Durham, NC 27701
year founded:
2006
three year revenue growth %:
Confidential
crunchbase profile:
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Precision Biosciences
Startup Profile
Precision BioSciences, Inc. is a biotechnology company focused on developing and commercializing therapeutics and services based upon its ability to enable site-specific genome modifications within a living organism. This technology, called the Directed Nuclease Editor (DNE), is a fully rational, proprietary methodology that allows for the insertion, removal, or modification of DNA at nearly any gene in nearly any organism.
Precision is harnessing its DNE technology to enable the development of treatments for genetic and viral diseases, the creation of greatly needed new crops and fuel sources, and the construction of new tools for biomanufacturing and diagnostic applications.
Precision was founded in 2006 and is headquartered at the Venable Center in downtown Durham, North Carolina. The company has already formed significant partnerships with several of the world's leading biotechnology companies, including DuPont, Bayer, and BASF, and has built a highly dedicated and motivated team of scientists and business experts that are continuing to propel its growth.
Founders and key employees
Jeff Smith, Derek Jantz, and Matthew Kane
Favorite thing about Durham
Universities, Culture, Food scene.
