Jasper Therapeutics, Inc., a clinical-stage biotechnology company, develops therapeutic agents for hematopoietic stem cell transplantation and gene therapies. It focuses on the development and commercialization of conditioning agents and stem cell engineering to allow expanded use of stem cell transplantation and ex vivo gene therapy, a technique in which genetic manipulation of cells is performed outside the body prior to transplantation. The company's lead product candidate is JSP191, which is in clinical development as a conditioning antibody that clears hematopoietic stem cells from bone marrow in patients prior to undergoing allogeneic stem cell therapy or stem cell gene therapy. It is also developing engineered hematopoietic stem cells product candidates to overcome key limitations of allogeneic and autologous gene-edited stem cell grafts. The company is based in Redwood City, California.
Jasper Therapeutics Reports Second Quarter 2026 Financial Results and Provides Corporate Update
Jasper Therapeutics announced the closing of its acquisition of Kira Pharmaceuticals, effective July 16, alongside a concurrent PIPE financing that raised $132 million in gross proceeds.
Management stated that the combined company has sufficient capital to fund planned operations through the second half of 2028, supporting the advancement of its expanded pipeline including lead assets KP-104 and briquilimab.
For the fiscal second quarter ended June 30, Jasper reported a net loss of $2.8 million, or $0.10 per share, with research and development expenses totaling $5.1 million.