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Sail Biomedicines

Full company profile

uuid0005zym

Namestring
Sail Biomedicines
Legal namestring
Sail Biomedicines, Inc.
Company typeenum
Private
Founded yearint
2023
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSomerville, United States
HQ citystring
Somerville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
programmable RNA medicines, endless RNA therapeutics, targeted nanoparticle delivery, in vivo CAR-T therapy, AI-driven drug design
Industry4 codes
1RNA Therapeutics Platforms & Design (sequence design, target ID/validation, AI/bioinformatics)
CodeHLAAADAGPrimaryYes
2RNA Manufacturing & CMC (oligo synthesis, IVT, purification, formulation, QC)
CodeHLAAADAFPrimaryNo
3RNA Delivery Technologies (LNPs, polymers, conjugates incl. GalNAc, peptides, exosomes)
CodeHLAAADADPrimaryNo
4RNA Therapeutics Clinical Development (trial design, endpoints, patient stratification)
CodeHLAAADAHPrimaryNo
NAICS code2 codes
  • Biological Product (except Diagnostic) Manufacturing325414
  • Research and Development in Biotechnology (except Nanobiotechnology)541714
SIC code2 codes
  • Biological Products, (No Disgnostic Substances)2836
  • Pharmaceutical Preparations2834
Product category
RNA Therapeutics
Social media profiles2 records
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Sail Biomedicines develops programmable RNA medicines using a proprietary platform that combines Endless RNA (eRNA) circular RNA technology, Targeted Nanoparticles (TNPs) for cell-specific delivery, and generative AI for integrated medicine design. The company is advancing preclinical and clinical-stage therapeutic programs in autoimmune, metabolic, infectious, and rare diseases, with lead programs including an in vivo CD19-targeted CAR-T therapy for autoimmune disease and eRNA vaccine candidates for malaria.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 50-80% transfection rates in T cells achieved with CD19-targeted therapy in preclinical studies
+3 more records
Product overview1 text field

Sail Biomedicines operates as a biopharmaceutical company with a platform-based business model. The core Sail Platform combines first-in-class programmable circular RNA technology (Endless RNA™ or eRNA™) with targeted nanoparticles (TNPs) and proprietary generative AI to comprehensively program RNA medicines. Key products include their In Vivo CAR-T platform using eRNA-TNP constructs for autoimmune diseases, their lead CD19-targeted autoimmune disease program, and their malaria eRNA vaccine candidates. The platform enables programmable pharmacology through eRNA and programmable deployment through TNPs, allowing precise delivery of RNA medicines to targeted cell types. The company was founded in October 2023 as a Flagship Pioneering company and is advancing programs in autoimmune, metabolic, infectious, and rare diseases.

Product and service3 records
1Sail Programmable RNA Medicines Platform
CategoryPlatform / Core technology
Description

Industry-leading platform combining novel Endless RNA (eRNA) circular RNA technology, Targeted Nanoparticles (TNPs), and proprietary generative AI to comprehensively program RNA medicines for both programmable pharmacology and programmable deployment across multiple disease areas.

2In Vivo eRNA-TNP CAR-T Program (CD19-Targeted Autoimmune Disease Program)
CategoryClinical program / Therapeutic candidate
Description

Lead autoimmune-disease program using CD19-targeted in vivo CAR-T therapy delivered via eRNA and targeted nanoparticles to achieve broad B-cell depletion across blood, spleen, lymph nodes, and bone marrow. Preclinical studies achieved 50–80% transfection rates in T cells and 5,000–10,000 CAR molecules per cell, with the goal of enabling outpatient administration and expanding CAR-T access from thousands to millions of patients.

3Malaria eRNA Vaccine Program
Partnership3 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

Collaborators at the Johns Hopkins Malaria Research Institute performed all malaria challenge studies for Sail's eRNA vaccine candidates.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-01-05
Description

Sail Biomedicines has a research collaboration with the Cystic Fibrosis Foundation to advance pioneering medicines research.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-01-05
Description

Sail Biomedicines collaborates with Pioneering Medicines on research initiatives.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Moderna is the leading commercial mRNA therapeutics company with approved vaccines and a broad clinical pipeline spanning infectious disease, oncology and rare diseases. It is the most direct comparable to Sail's programmable RNA medicines platform and shares founders-era lineage via Flagship Pioneering.

TypeDirect peer
Description

BioNTech is a leading mRNA therapeutics company with approved COVID vaccines and a deep clinical pipeline in oncology and infectious disease. It is directly comparable to Sail as an mRNA-platform company pursuing vaccines and cell-therapy-style applications.

TypeDirect peer
Description

Alltrna is a Flagship Pioneering-founded tRNA therapeutics company developing programmable transfer RNA medicines. It is a direct peer — same ecosystem origin and same template of building RNA medicines for previously undruggable targets.

TypeDirect peer
Description

Repertoire Immune Medicines is a Flagship Pioneering-founded immunology company decoding T-cell receptor biology to develop immune medicines. It is directly comparable given Sail's in vivo CAR-T platform focus on programming patients' immune cells inside the body.

TypeDirect peer
Description

Ampersand is a Flagship Pioneering-founded programmable medicines company developing cell-selective protein mimetics. Comparable due to shared Flagship origin, shared emphasis on programmable pharmacology, and shared goal of tissue-targeted in-body drug programming.

TypeDirect peer
Description

Metaphore is a Flagship Pioneering-founded company developing molecular mimics using protein-inspired design. It is comparable as a peer Flagship-programmable-medicines platform with a similar R&D approach of fusing novel payloads with computational protein design.

TypeBroad incumbent
Description

Alnylam is the leading commercial RNAi therapeutics company with multiple approved siRNA products. Comparable as the dominant incumbent in RNA-based medicines, validating the broader category even though its siRNA mechanism differs from Sail's eRNA.

TypeEmerging player
Description

Intellia is a clinical-stage CRISPR/Cas9 gene editing company using lipid nanoparticle delivery for in vivo editing. Comparable to Sail as a peer in vivo programmable RNA/nucleic-acid medicines with overlap in LNP-based extra-hepatic delivery and autoimmune disease applications.

TypeEmerging player
Description

Tessera is a Flagship Pioneering-founded gene writing company designing and writing therapeutic DNA into the genome. Comparable as a peer programmable nucleic-acid medicines platform with a similar R&D philosophy of in vivo gene-level reprogramming using novel payloads.

TypeEmerging player
Description

Wave Life Sciences develops PRISM-platform RNA medicines including siRNA, antisense and RNA editing candidates. Comparable to Sail in targeting RNA as a therapeutic modality and pursing programmable chemistry for diverse indications including rare diseases.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sail Biomedicines

RNA Therapeuticssail.bio

Sail Biomedicines firmographics

Firmographics
Name
Sail Biomedicines
Legal name
Sail Biomedicines, Inc.
Website
https://www.sail.bio
Company type
Private
Founded year
2023
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Sail Biomedicines industry classification

Industry
Product category
RNA Therapeutics
NAICS
Biological Product (except Diagnostic) Manufacturing (325414), Research and Development in Biotechnology (except Nanobiotechnology) (541714)
SIC
Biological Products, (No Disgnostic Substances) (2836), Pharmaceutical Preparations (2834)
akta.pro primary industry
RNA Therapeutics Platforms & Design (sequence design, target ID/validation, AI/bioinformatics) (HLAAADAG)
akta.pro secondary industries
RNA Manufacturing & CMC (oligo synthesis, IVT, purification, formulation, QC) (HLAAADAF), RNA Delivery Technologies (LNPs, polymers, conjugates incl. GalNAc, peptides, exosomes) (HLAAADAD), RNA Therapeutics Clinical Development (trial design, endpoints, patient stratification) (HLAAADAH)

Keywords

  • Programmable RNA medicines
  • Endless RNA therapeutics
  • Targeted nanoparticle delivery
  • In vivo CAR-T therapy
  • AI-driven drug design

Where Sail Biomedicines is headquartered

Location

Headquarters

HQ city
Somerville
HQ country
United States
HQ region
North America

Markets served

Sail Biomedicines business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Marketing channels5 records

Sail Biomedicines product offering

Product offering

Core offering

Sail Biomedicines develops programmable RNA medicines using a proprietary platform that combines Endless RNA (eRNA) circular RNA technology, Targeted Nanoparticles (TNPs) for cell-specific delivery, and generative AI for integrated medicine design. The company is advancing preclinical and clinical-stage therapeutic programs in autoimmune, metabolic, infectious, and rare diseases, with lead programs including an in vivo CD19-targeted CAR-T therapy for autoimmune disease and eRNA vaccine candidates for malaria.

Product overview

Sail Biomedicines operates as a biopharmaceutical company with a platform-based business model. The core Sail Platform combines first-in-class programmable circular RNA technology (Endless RNA™ or eRNA™) with targeted nanoparticles (TNPs) and proprietary generative AI to comprehensively program RNA medicines. Key products include their In Vivo CAR-T platform using eRNA-TNP constructs for autoimmune diseases, their lead CD19-targeted autoimmune disease program, and their malaria eRNA vaccine candidates. The platform enables programmable pharmacology through eRNA and programmable deployment through TNPs, allowing precise delivery of RNA medicines to targeted cell types. The company was founded in October 2023 as a Flagship Pioneering company and is advancing programs in autoimmune, metabolic, infectious, and rare diseases.

Differentiator

Problem solved

Functional benefit

Products and services

  • Sail Programmable RNA Medicines Platform Industry-leading platform combining novel Endless RNA (eRNA) circular RNA technology, Targeted Nanoparticles (TNPs), and proprietary generative AI to comprehensively program RNA medicines for both programmable pharmacology and programmable deployment across multiple disease areas.
  • In Vivo eRNA-TNP CAR-T Program (CD19-Targeted Autoimmune Disease Program) Lead autoimmune-disease program using CD19-targeted in vivo CAR-T therapy delivered via eRNA and targeted nanoparticles to achieve broad B-cell depletion across blood, spleen, lymph nodes, and bone marrow. Preclinical studies achieved 50–80% transfection rates in T cells and 5,000–10,000 CAR molecules per cell, with the goal of enabling outpatient administration and expanding CAR-T access from thousands to millions of patients.
  • Malaria eRNA Vaccine Program

Quantifiable outcome

  • 50-80% transfection rates in T cells achieved with CD19-targeted therapy in preclinical studies
  • +3 more outcomes

Companies that use Sail Biomedicines

Customer profile

Segments4 records

Ideal customer profiles2 records

Sail Biomedicines technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Sail Biomedicines partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered minor.

  • Johns Hopkins Malaria Research InstituteminorStrategic or Co-development Partner · 1 January 2025Collaborators at the Johns Hopkins Malaria Research Institute performed all malaria challenge studies for Sail's eRNA vaccine candidates.
  • Cystic Fibrosis FoundationminorStrategic or Co-development Partner · 5 January 2024Sail Biomedicines has a research collaboration with the Cystic Fibrosis Foundation to advance pioneering medicines research.
  • Pioneering MedicinesminorStrategic or Co-development Partner · 5 January 2024Sail Biomedicines collaborates with Pioneering Medicines on research initiatives.

Recent moves7 records

Expansion highlights6 records

Sail Biomedicines competitors and assessment

Company assessment

Direct peers

  • Moderna: Moderna is the leading commercial mRNA therapeutics company with approved vaccines and a broad clinical pipeline spanning infectious disease, oncology and rare diseases. It is the most direct comparable to Sail's programmable RNA medicines platform and shares founders-era lineage via Flagship Pioneering.
  • BioNTech: BioNTech is a leading mRNA therapeutics company with approved COVID vaccines and a deep clinical pipeline in oncology and infectious disease. It is directly comparable to Sail as an mRNA-platform company pursuing vaccines and cell-therapy-style applications.
  • Alltrna: Alltrna is a Flagship Pioneering-founded tRNA therapeutics company developing programmable transfer RNA medicines. It is a direct peer — same ecosystem origin and same template of building RNA medicines for previously undruggable targets.
  • Repertoire Immune Medicines: Repertoire Immune Medicines is a Flagship Pioneering-founded immunology company decoding T-cell receptor biology to develop immune medicines. It is directly comparable given Sail's in vivo CAR-T platform focus on programming patients' immune cells inside the body.
  • Ampersand Biomedicines: Ampersand is a Flagship Pioneering-founded programmable medicines company developing cell-selective protein mimetics. Comparable due to shared Flagship origin, shared emphasis on programmable pharmacology, and shared goal of tissue-targeted in-body drug programming.
  • Metaphore Biotechnologies: Metaphore is a Flagship Pioneering-founded company developing molecular mimics using protein-inspired design. It is comparable as a peer Flagship-programmable-medicines platform with a similar R&D approach of fusing novel payloads with computational protein design.

Broad incumbents

  • Alnylam Pharmaceuticals: Alnylam is the leading commercial RNAi therapeutics company with multiple approved siRNA products. Comparable as the dominant incumbent in RNA-based medicines, validating the broader category even though its siRNA mechanism differs from Sail's eRNA.

Emerging players

  • Intellia Therapeutics: Intellia is a clinical-stage CRISPR/Cas9 gene editing company using lipid nanoparticle delivery for in vivo editing. Comparable to Sail as a peer in vivo programmable RNA/nucleic-acid medicines with overlap in LNP-based extra-hepatic delivery and autoimmune disease applications.
  • Tessera Therapeutics: Tessera is a Flagship Pioneering-founded gene writing company designing and writing therapeutic DNA into the genome. Comparable as a peer programmable nucleic-acid medicines platform with a similar R&D philosophy of in vivo gene-level reprogramming using novel payloads.
  • Wave Life Sciences: Wave Life Sciences develops PRISM-platform RNA medicines including siRNA, antisense and RNA editing candidates. Comparable to Sail in targeting RNA as a therapeutic modality and pursing programmable chemistry for diverse indications including rare diseases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Sail Biomedicines social profiles

Digital presence

Sail Biomedicines financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sail Biomedicines leadership team

Management profile

Number of profiles

Profiles1 record

Sail Biomedicines funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sail Biomedicines M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sail Biomedicines

What does Sail Biomedicines do?

Sail Biomedicines develops programmable RNA medicines using a proprietary platform that combines Endless RNA (eRNA) circular RNA technology, Targeted Nanoparticles (TNPs) for cell-specific delivery, and generative AI for integrated medicine design. The company is advancing preclinical and clinical-stage therapeutic programs in autoimmune, metabolic, infectious, and rare diseases, with lead programs including an in vivo CD19-targeted CAR-T therapy for autoimmune disease and eRNA vaccine candidates for malaria.

Is Sail Biomedicines a public or private company?

Sail Biomedicines is a private company. It is classified as venture growth investor backed and is currently operating.

When was Sail Biomedicines founded?

Sail Biomedicines was founded in 2023. It employs 101 to 250 people.

Where is Sail Biomedicines based?

Sail Biomedicines is headquartered in Somerville, United States, in the North America region.

Who are Sail Biomedicines's main competitors?

Direct peers on record are Moderna, BioNTech, Alltrna, Repertoire Immune Medicines, Ampersand Biomedicines and Metaphore Biotechnologies. Alnylam Pharmaceuticals is listed as a broad incumbent. Emerging players are Intellia Therapeutics, Tessera Therapeutics and Wave Life Sciences.

Does Sail Biomedicines have an API?

No public API is recorded for Sail Biomedicines.

What industry is Sail Biomedicines in?

Sail Biomedicines's product category is RNA Therapeutics. Its primary akta.pro industry code is HLAAADAG, RNA Therapeutics Platforms & Design (sequence design, target ID/validation, AI/bioinformatics), with a secondary code of HLAAADAF, RNA Manufacturing & CMC (oligo synthesis, IVT, purification, formulation, QC). Its NAICS code is 325414 and its SIC code is 2836.

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Live signals
YahooJohnson & Johnson (JNJ) Taps Sail Biomedicines in Bid for CAR-T Edge Over Bristol Myers SquibbJohnson & Johnson announced a collaboration with Sail Biomedicines to develop in vivo CAR-T therapies for immune-mediated diseases, paying $785 million initially plus $140 million on milestones, with an option to acquire Sail for $2.58 billion. The deal follows Johnson's Carvykti approval in over a dozen markets and Bristol-Myers Squibb's Breyanzi franchise.Pulse 2.0Johnson & Johnson Secures $2.58 Billion Option To Acquire Sail BiomedicinesJohnson & Johnson secured an exclusive option to acquire Sail Biomedicines for $2.58 billion and will make initial payments of $785 million, including a $465 million equity investment. The partnership focuses on Sail's in vivo CAR-T platform for immune-mediated diseases, with additional payments tied to milestones. The deal is subject to regulatory approvals.PharmExecM&A Roundup: Johnson & Johnson Collaborates with Sail Biomedicines, Processa Pharmaceuticals Acquires Vidya Therapeutics, Relation Collaborates with GSKThree pharmaceutical partnerships and transactions were announced this week: Johnson & Johnson agreed to collaborate with Sail Biomedicines, making $785 million in initial payments and gaining an exclusive option to acquire the biotech for up to $2.58 billion, to advance in vivo CAR-T therapies for immune-mediated diseases; Processa Pharmaceuticals acquired Vidya Therapeutics, a clinical-stage biotech developing VT-7208, a next-generation BTK inhibitor, alongside a concurrent $200 million private placement financing led by investors including Bain Capital Life Sciences, RA Capital Management, and Janus Henderson Investors; and Relation Therapeutics entered a strategic collaboration with GSK worth over $110 million in upfront and milestone payments to generate large-scale human cellular perturbation data using Relation's MORGAN foundation model for target discovery.Phirda35 亿美元!强生押注 in vivo CAR-T 治疗自免疾病Johnson & Johnson announced a strategic partnership with Sail Biomedicines, gaining an exclusive option to acquire the company for $25.8 billion. The deal includes a $785 million upfront payment, with total value potentially reaching $3.5 billion. Sail's in vivo CAR-T candidate SAIL-0804 has shown 50-80% T-cell transfection in preclinical studies.Pharmaceutical TechnologyJ&J ventures further into in vivo CAR-T space with Sail partnership, potential buyout - Pharmaceutical TechnologyJohnson & Johnson has entered into a partnership with Sail Biomedicines to develop in vivo CAR-T therapies for immune-mediated diseases, committing $785 million including a $465 million equity investment and $140 million in milestone payments. J&J has also secured the option to acquire the Massachusetts-based biotech for $2.58 billion if it chooses to exercise this right. The deal positions J&J to advance SAIL-0839, its lead autoimmune program, as the pharmaceutical industry increasingly bets on in vivo approaches that could offer simpler and more scalable solutions than existing CAR-T therapies.TheStreet.comJ&J’s biotech progress could punish its 2027 profitJohnson & Johnson cut its 2026 adjusted earnings guidance to $10.96–$11.11 per share, down from $11.60–$11.75, citing the Firefly and Sail deals. The acquisitions could trim 2027 adjusted earnings by $1.36 per share, with Sail accounting for $1.28. A larger hit may signal management's confidence in the biotech's potential.MedCity NewsJ&J Joins Immune Reset Race, Paying $785M to Partner on Sail Bio Cell TherapyJohnson & Johnson announced a $785 million partnership with Sail Biomedicines, gaining access to their in vivo cell therapy platform for autoimmune disorders, along with an exclusive option to acquire the biotech startup for an additional $2.58 billion. The deal includes $465 million in equity investment and potential milestone payments of $140 million. Separately, J&J completed its $1 billion acquisition of Firefly Bio, a startup developing degrader antibody drug conjugates (DACs) for targeted cancer therapies.AInvestInjective Price Analysis: Biotech Sector Volatility Shapes Crypto SentimentJohnson & Johnson has completed its acquisition of Firefly Bio, Inc. to strengthen its oncology pipeline, with the deal expected to dilute adjusted operational EPS by approximately $0.46 in 2026. Concurrently, J&J announced a strategic collaboration with Sail Biomedicines for in vivo CAR-T therapies, involving $785 million in upfront payments and a $2.58 billion option to acquire the company, with projected EPS dilution of approximately $0.18 in 2026 and $1.28 in 2027 if the acquisition option is exercised. The Inflammatory Bowel Disease market is experiencing sustained growth driven by advanced biologic therapies, with next-generation treatments targeting novel mechanisms expected to intensify competition among major pharmaceutical companies.BioPharma DiveJ&J nabs option to buy ‘in vivo’ CAR-T maker Sail for nearly $2.6BJohnson & Johnson has agreed to pay $785 million upfront for an equity stake and partnership with Sail Biomedicines, securing an exclusive option to acquire the startup for up to $2.58 billion. The deal aims to advance Sail's 'in vivo' CAR-T technology, which reprograms immune cells inside the body, into preclinical development stages. This acquisition positions J&J among major pharmaceutical firms investing in next-generation cell therapies to treat conditions like cancer and autoimmune diseases.BioSpaceJ&J secures right to take the helm in up to $925M Sail CAR T pactJohnson & Johnson has partnered with Flagship Pioneering's Sail Biomedicines to advance in vivo CAR T therapies for immune-mediated conditions in a deal worth up to $925 million, comprising $785 million in initial payments including a $465 million equity investment and up to $140 million in development milestones. J&J has also secured an exclusive option to acquire Sail Biomedicines for an additional $2.58 billion, with the potential acquisition possibly occurring in the near term. Sail brings a proprietary platform using "endless RNA" technology that enables patients to produce their own CAR T constructs inside the body, a modality that could shorten infusion times, reduce costs, and broaden patient access compared to existing CAR T therapies.