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| Exchange | NASDAQ |
|---|---|
| CurrencyCode | USD |
| ISIN | US09077A1060 |
| Industry | Biotechnology |
| Sector | Healthcare |
| PE Ratio | None |
|---|---|
| Beta | -0.34 |
| Market Cap | 114M |
| Target Price | 7.5714 |
| Dividend Yield | None |
Biomea Fusion, Inc., a clinical-stage diabetes and obesity medicines company, focuses on the discovery and development of oral drugs to treat patients with diabetes and obesity. It's lead clinical program's drug candidates are COVALENT-111 and COVALENT-112, which has completed Phase II clinical trials of icovamenib for the treatment of Type 1 and Type 2 diabetes; COVALENT-211, which is in Phase II clinical trial of icovamenib for treating insulin-deficient type 2 diabetes; and COVALENT-212, which is in Phase II clinical trial of icovamenib for the treatment of type 2 diabetes. The company is also developing BMF-650, which is in Phase I glucagon-like peptide-131 clinical trial for the treatment of obesity. The company was incorporated in 2017 and is headquartered in San Carlos, California.
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