
Why big players are pouring millions in THIS biotech stock

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Intellia Therapeutics (NASDAQ: NTLA) is attracting significant investor interest due to its CRISPR gene editing technology. Despite recent stock volatility, with prices dropping from over $30 to around $11.36, analysts remain optimistic about the company's long-term prospects, particularly its drug pipeline for rare diseases. Major investors, including ARK Invest, have recently invested millions, indicating confidence in Intellia's future. The company's market value is approximately $1.2 billion, but it faces challenges with heavy R&D spending and low revenue as it seeks to commercialize its treatments.
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