Biomea Fusion Inc

$1.45
(as of May 30, 9:30 AM EST)

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Ticker Information for Biomea Fusion Inc

Stock Price
$1.45
Ticker Symbol
BMEA
Exchange
NASDAQ

Industry Information for Biomea Fusion Inc

Sector
Healthcare
Industry
Biotechnology

Company Description for Biomea Fusion Inc

Country
USA
Full Time Employees
79

Biomea Fusion, Inc., a clinical-stage diabetes and obesity medicines company, focuses on the discovery and development of covalent small molecule drugs to treat patients with genetically defined cancers and metabolic diseases. It's lead product candidate is icovamenib, is designed to be a bioavailable, potent, and covalent inhibitor of menin, a ubiquitously expressed scaffold protein that functions in histone modification and epigenetic gene regulation to impact multiple cellular processes including cell cycle control, apoptosis, and DNA damage repair, it is used for the treatment of menin regulated or dependent diseases such as type 1 and type 2 diabetes. The company was incorporated in 2017 and is headquartered in Redwood City, California.

Fundamentals for Biomea Fusion Inc

Market Capitalization
$55,982,728
EBITDA
$-130,927,000
Dividends per Share
P/E Ratio
Forward P/E Ratio
0
Earnings per Share
$-3.54
Earnings per Share Estimate Next Year
Profit Margin
Shares Outstanding
37,572,200
Percent Owned by Insiders
14.81%
Percent Owned by Institutions
56.55%
52-Week High
52-Week Low

Technical Indicators for Biomea Fusion Inc

50-Day Moving Average
200-Day Moving Average
RSI
39.7
0.17

Analyst Ratings for Biomea Fusion Inc

Strong Buy
4
Buy
2
Hold
2
Sell
0
Strong Sell
0

News About Biomea Fusion Inc

May 5, 2025, 4:05 PM EST
Company Announces Strategic Realignment to Focus on Core Programs and Extend Cash Runway See more.
Apr 1, 2025, 4:01 PM EST
REDWOOD CITY, Calif., April 01, 2025 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. See more.
Mar 31, 2025, 4:10 PM EST
Mick Hitchcock, Ph.D., appointed Interim Chief Executive OfficerBiomea preparing icovamenib for late-stage clinical developmentMultiple milestones anticipated in 2025 including:FDA meeting anticipated in first half 2025 to discuss icovamenib late-stage development in severe insulin deficient patientsCOVALENT-111 (T2D) 52-week data anticipated in second half 2025COVALENT-112 (T1D) open label data anticipated in second half 2025BMF-650 IND application submission planned in second half 2025 See more.
Mar 25, 2025, 7:00 PM EST
Board member Mick Hitchcock, named interim CEO replacing Thomas Butler. See more.