Stoke Therapeutics IncSTOK
Price$26.01Intrinsic value$14.1046% below price

Qualitative Analysis

Business overview

Business Overview

Stoke Therapeutics, Inc. (NASDAQ: STOK) is a clinical-stage biotechnology company dedicated to addressing the underlying genetic causes of severe diseases by restoring protein expression. Utilizing its proprietary TANGO (Targeted Augmentation of Nuclear Gene Output) platform, the company designs antisense oligonucleotides (ASOs) to selectively upregulate protein levels. Stoke's lead investigational medicine, zorevunersen (STK-001), is being developed as a first-in-class potential disease-modifying treatment for Dravet syndrome, a rare and severe genetic epilepsy. The company is also developing STK-002 for the treatment of autosomal dominant optic atrophy (ADOA). Stoke is headquartered in Bedford, Massachusetts.

Research as of 20 Jun 2026

Strategic Initiatives

Growth programs, investments, and their expected impact

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Clinical Development of Zorevunersen (STK-001)Innovation

Advancing zorevunersen, a first-in-class potential disease-modifying antisense oligonucleotide (ASO) designed to treat the underlying cause of Dravet syndrome by upregulating NaV1.1 protein production.

Expected impact: Aims to reduce seizure frequency and improve neurodevelopment, cognition, and behavior in patients with Dravet syndrome.

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InvestmentClinical development costs are shared with Biogen (Stoke covers 70%, Biogen covers 30%).
TimelinePhase 3 enrollment completing in June 2026, with data readout in mid-2027 and rolling NDA submission starting in early 2027.
Expansion of RNA Platform into Ophthalmology (STK-002)Expansion

Developing STK-002, an investigational antisense oligonucleotide designed to upregulate OPA1 protein expression for the treatment of Autosomal Dominant Optic Atrophy (ADOA).

Expected impact: Aims to restore OPA1 protein levels to maintain or improve vision in people with ADOA, a rare genetic disease with no currently approved treatments.

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InvestmentFunded through existing cash reserves and capital resources.
TimelineFirst patient dosed in the Phase 1 OSPREY study in February 2026, with dose escalation continuing through 2026 and early 2027.
Sources: 1

Mergers, Acquisitions & Partnerships

Recent deals and strategic collaborations

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Strategic Partnerships

Biogen Inc.Global Collaboration and License Agreement

Broadens the global reach of zorevunersen by leveraging Biogen's deep expertise in neurology and rare genetic diseases, while providing Stoke with substantial non-dilutive funding.

Terms: Stoke received a $165 million upfront payment. Stoke is eligible to receive up to $385 million in development and commercial milestone payments, plus tiered royalties ranging from low double digits to high teens on net sales outside North America. Clinical development costs are shared (70% Stoke, 30% Biogen).

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Sources: 2
AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.