Kyntra Bio（KYNB）株式概要バイオ医薬品会社であるキントラ・バイオ社は、深刻なアンメット・メディカル・ニーズを治療するための治療薬の発見、開発、商業化を行なっている。 詳細KYNB ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金0/6報酬過去5年間の収益は年間12.2%増加しました。 リスク分析今後3年間の収益は年平均0.4%減少すると予測されている。 現在は利益が出ておらず、今後3年間で利益が出る見込みはない 意味のある時価総額がありません ( $29M )すべてのリスクチェックを見るKYNB Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN83.5% undervaluedAnalystConsensusTarget•9mo agoClinical Trials And Regulatory Advances Will Open US Markets5601Top Analyst NarrativesKyntra BioANAnalystConsensusTargetBased on Analyst Price TargetsClinical Trials And Regulatory Advances Will Open US MarketsKey Takeaways Advancing precision oncology and rare disease treatments positions the company for future revenue growth and strong market opportunities in underserved populations. Liquidity improvements and strategic pipeline diversification reduce financial risk while enhancing long-term earnings stability and optionality.View narrativeUS$43FV83.5% 割安 内在価値ディスカウントSet Fair ValueView56users have viewed this narrative0users have liked this narrative0users have commented on this narrative1users have followed this narrative9 months ago author updated this narrativeView all narrativesFeatured narrative•Pharmaceuticals & Biotech opportunityUnicycive Therapeutics4 months ago author updated this narrativeSTFair Value from stuart_robertsUS$21.5363.5% 割安 内在価値ディスカウントLooking to be second time lucky with a game-changing new productKey Takeaways Unicycive has successfully completed clinical development of its lead asset, Oxylanthanum Carbonate (OLC). OLC has been designed to improve on current phosphate binders by offering better efficacy, fewer pills, and improved tolerability over alternative treatments for hyperphosphatemia chronic kidney disease patients on dialysis.Read full narrative6.4kusers have viewed this narrative18users have liked this narrative0users have commented on this narrative130users have followed this narrativeRead narrativeKyntra Bio, Inc. 競合他社Aligos TherapeuticsSymbol: NasdaqCM:ALGSMarket cap: US$39.4mSangamo TherapeuticsSymbol: OTCPK:SGMOMarket cap: US$55.6mSeres TherapeuticsSymbol: NasdaqGS:MCRBMarket cap: US$77.1mVivoSim LabsSymbol: NasdaqCM:VIVSMarket cap: US$4.1m価格と性能株価の高値、安値、推移の概要Kyntra Bio過去の株価現在の株価US$7.1052週高値US$12.6052週安値US$4.85ベータ1.041ヶ月の変化2.60%3ヶ月変化-13.63%1年変化-11.08%3年間の変化-98.39%5年間の変化-98.65%IPOからの変化-98.71%最新ニュースお知らせ • May 05Kyntra Bio, Inc. to Report Q1, 2026 Results on May 11, 2026Kyntra Bio, Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026お知らせ • Apr 28Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026.お知らせ • Apr 11Kyntra Bio, Inc. Receives Nasdaq Notice Of Non-Compliance With Continued Listing RequirementsOn April 2, 2026, Kyntra Bio, Inc. (Kyntra Bio or the Company) received a letter from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market notifying us that the Company no longer complies with the Nasdaq Global Select Market continued listing requirement of $50 million in total assets and total revenue for the most recently completed fiscal year (or two of the last three most recently completed fiscal years) per Listing Rule 5450(b)(3)(A). This is due to the revenue of FibroGen International being presented as held for sale (in discontinued operations) in 2024 and 2025. The Company does not currently meet the alternative requirements of Listing Rule 5450(b) (either the shareholders' equity or the market value of listed securities standards). The notification received has no immediate effect on the listing of Kyntra Bio's common stock on Nasdaq. Under the Nasdaq Rules, the Company has 45 days (May 18, 2026) to submit a plan to regain compliance and if such plan is accepted, Nasdaq may grant the Company with an extension of up to 180 days (September 29, 2026) to evidence compliance. Per Listing Rule 5810(c)(2)(D), the Company may submit a plan that demonstrates current or near term compliance with the listing requirements relating to stockholders' equity or market value of listed securities. In determining whether to accept our plan, Nasdaq will consider such things as the likelihood that the plan will result in compliance with Nasdaq's continued listing criteria, the Company's past compliance history, the reasons for the Company's current non-compliance, other corporate events that may occur within the review period, the Company's overall financial condition, and its public disclosures. Kyntra Bio may also consider applying to transfer the Company's securities to the Nasdaq Capital Market.Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: US$14.40 loss per share (improved from US$38.26 loss in FY 2024). Net loss: US$58.2m (loss narrowed 62% from FY 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 20%.お知らせ • Mar 09Kyntra Bio, Inc. to Report Q4, 2025 Results on Mar 16, 2026Kyntra Bio, Inc. announced that they will report Q4, 2025 results After-Market on Mar 16, 2026New Risk • Feb 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$53m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$32.6m market cap).最新情報をもっと見るRecent updatesお知らせ • May 05Kyntra Bio, Inc. to Report Q1, 2026 Results on May 11, 2026Kyntra Bio, Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026お知らせ • Apr 28Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026.お知らせ • Apr 11Kyntra Bio, Inc. Receives Nasdaq Notice Of Non-Compliance With Continued Listing RequirementsOn April 2, 2026, Kyntra Bio, Inc. (Kyntra Bio or the Company) received a letter from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market notifying us that the Company no longer complies with the Nasdaq Global Select Market continued listing requirement of $50 million in total assets and total revenue for the most recently completed fiscal year (or two of the last three most recently completed fiscal years) per Listing Rule 5450(b)(3)(A). This is due to the revenue of FibroGen International being presented as held for sale (in discontinued operations) in 2024 and 2025. The Company does not currently meet the alternative requirements of Listing Rule 5450(b) (either the shareholders' equity or the market value of listed securities standards). The notification received has no immediate effect on the listing of Kyntra Bio's common stock on Nasdaq. Under the Nasdaq Rules, the Company has 45 days (May 18, 2026) to submit a plan to regain compliance and if such plan is accepted, Nasdaq may grant the Company with an extension of up to 180 days (September 29, 2026) to evidence compliance. Per Listing Rule 5810(c)(2)(D), the Company may submit a plan that demonstrates current or near term compliance with the listing requirements relating to stockholders' equity or market value of listed securities. In determining whether to accept our plan, Nasdaq will consider such things as the likelihood that the plan will result in compliance with Nasdaq's continued listing criteria, the Company's past compliance history, the reasons for the Company's current non-compliance, other corporate events that may occur within the review period, the Company's overall financial condition, and its public disclosures. Kyntra Bio may also consider applying to transfer the Company's securities to the Nasdaq Capital Market.Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: US$14.40 loss per share (improved from US$38.26 loss in FY 2024). Net loss: US$58.2m (loss narrowed 62% from FY 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 20%.お知らせ • Mar 09Kyntra Bio, Inc. to Report Q4, 2025 Results on Mar 16, 2026Kyntra Bio, Inc. announced that they will report Q4, 2025 results After-Market on Mar 16, 2026New Risk • Feb 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$53m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$32.6m market cap).お知らせ • Feb 24Kyntra Bio Announces Positive Data from the Investigator-Sponsored Phase 1B/2 Study of Fg-3246Kyntra Bio announced that the data on anti-tumor activity of FG-3246 in combination with enzalutamide in patients with metastatic castration-resistant prostate cancer (mCRPC) from the investigator-sponsored Phase 1b/2 study will be presented at the 2026 American Society of Clinical Oncology Genitourinary Cancers Symposium (ASCO GU), taking place February 26-28, 2026 in San Francisco, CA. The presentation includes data from 44 biomarker unselected patients with progressive metastatic castration-resistant prostate cancer, 17 of which were enrolled in the Phase 1b dose escalation portion of the study. Eligibility criteria for the trial included patients who progressed on at least one prior ARPI while patients who were treated with prior chemotherapy in the castration-resistant setting were excluded. Over 60% of the patients progressed on two or more prior ARPIs, which included prior enzalutamide treatment. The primary endpoint of the escalation phase was assessment of dose-limiting toxicities (DLT) and determination of the maximum tolerated dose and recommended dose for the Phase 2 portion of the study – which was determined to be 2.1 mg/kg of FG-3246 and 160 mg/day of enzalutamide. The primary endpoint of the Phase 2 expansion portion of the study was composite response rate (PSA50 response and/or objective response per RECIST v1.1). Secondary endpoints were PSA50 response rate, objective response rate, radiographic progression free survival (rPFS), overall survival, and treatment-related adverse events (TRAEs). FG-3246 combined with enzalutamide demonstrated anti-tumor activity with a composite response rate of 21% in the overall cohort and 40% in patients who had progressed on only one prior ARPI. Median rPFS of 7.0 months was observed in the overall cohort. Notably, median rPFS of 10.1 months was observed in patients who had progressed on only one prior ARPI, a result which was consistent across the different prior ARPIs administered. Additionally, higher tumor uptake of FG-3180 demonstrated a trend towards higher probability of PSA50 response (p=0.053), highlighting the potential of FG-3180 as a biomarker for patient selection. Combination therapy of FG-3246 and enzalutamide demonstrated a similar safety profile as was observed in the previous Phase 1 monotherapy trial of FG-3246. Neutropenia risk was successfully mitigated with use of G-CSF prophylaxis. The most frequent TRAEs with the combination therapy included fatigue, peripheral neuropathy, anorexia, and dysgeusia. Cumulative toxicities, including peripheral neuropathy, led to treatment discontinuation for some patients. FG-3246 is currently being evaluated in a Phase 2 monotherapy trial with interim data expected in the second half of 2026. The trial also includes treatment with FG-3180, a CD46-directed PET imaging agent, which will measure expression levels of CD46 positive lesions. This will enable further assessment of the correlation between CD46 expression and response to FG-3246 and the potential of FG-3180 to serve as a biomarker to aid in patient selection in future trials of FG-3246.分析記事 • Dec 16Is FibroGen (NASDAQ:FGEN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Major Estimate Revision • Nov 17Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$6.90m to US$6.75m. Losses expected to increase from US$4.17 per share to US$4.61. Biotechs industry in the US expected to see average net income decline 10% next year. Consensus price target of US$43.00 unchanged from last update. Share price fell 21% to US$8.69 over the past week.Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: US$3.25 loss per share (improved from US$4.25 loss in 3Q 2024). Net loss: US$13.1m (loss narrowed 23% from 3Q 2024). Revenue missed analyst estimates by 34%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is expected to decline by 8.5% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 22%.お知らせ • Nov 04FibroGen, Inc. to Report Q3, 2025 Results on Nov 10, 2025FibroGen, Inc. announced that they will report Q3, 2025 results After-Market on Nov 10, 2025お知らせ • Sep 24FibroGen, Inc. Initiates Phase 2 Monotherapy Trial of FG-3246, a First-in-Class CD46 Targeting ADC, in Metastatic Castration-Resistant Prostate CancerFibroGen, Inc. announced the initiation of the Phase 2 monotherapy, dose-optimization trial of FG-3246, a potential first-in-class antibody-drug conjugate (ADC) targeting CD46-expressing cancer lesions in patients with metastatic castration-resistant prostate cancer (mCRPC). The trial will also assess the diagnostic and predictive performance of FG-3180, a companion PET imaging agent, which shares the same CD46-targeted antibody used in FG-3246. The Phase 2 monotherapy trial (NCT06842498) is a randomized, open label, dose optimization trial designed to evaluate the safety, efficacy, tolerability, and pharmacokinetics (PK) of FG-3246 for the treatment of patients with mCRPC who have progressed following ARSI treatment and who have not received chemotherapy for their mCRPC. Secondary endpoints include radiographic progression free survival (rPFS), prostate-specific antigen (PSA) 50 response, and PSA90 response. An interim analysis is planned once 12 patients enrolled in each of the three dose arms have completed 12 weeks on study or discontinued and is anticipated in the second half of 2026. An exploratory sub-study will evaluate FG-3180, a partner PET imaging agent, as a diagnostic radiopharmaceutical. All patients deemed eligible for participation in the Phase 2 trial will participate in the sub-study evaluating FG-3180 prior to randomization. In addition, topline results from the ongoing investigator-sponsored study of FG-3246 in combination with enzalutamide in patients with mCRPC are expected in the fourth quarter of 2025.Major Estimate Revision • Aug 18Consensus revenue estimates fall by 30%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$9.85m to US$6.85m. Forecast losses increased from -US$3.50 to -US$4.17 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$43.00 unchanged from last update. Share price rose 13% to US$9.50 over the past week.Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$3.39 loss per share (improved from US$11.79 loss in 2Q 2024). Net loss: US$13.7m (loss narrowed 71% from 2Q 2024). Revenue missed analyst estimates by 53%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 19%.ナラティブ更新 • Aug 10Clinical Trials And Regulatory Advances Will Open US MarketsFollowing a sharp downward revision in expected revenue growth and a substantial rise in the forward P/E ratio, analyst sentiment on FibroGen has weakened, leading to a notable decrease in the consensus price target from $58.77 to $43.00. What's in the News FDA provided positive feedback supporting advancement of roxadustat for anemia in LR-MDS patients with high transfusion burden; Phase 3 trial protocol aligns with FDA recommendations and targets 200 patients.お知らせ • Aug 07FibroGen Announces Positive Type C Meeting with the FDA for Roxadustat in Patients with Anemia Associated with Lower-Risk Myelodysplastic SyndromesFibroGen, Inc. announced positive feedback from its Type C meeting with the FDA, supporting the advancement of roxadustat for the treatment of anemia in patients with LR-MDS and high RBC transfusion burden, based on a post-hoc subgroup analysis from the MATTERHORN Phase 3 trial. FibroGen requested the Type C meeting based on the findings of a post-hoc analysis of data from the MATTERHORN trial of roxadustat in anemia-associated with LR-MDS. In patients with high RBC transfusion burden at baseline (4 units over 8 weeks1), a pronounced treatment effect was observed: 36% (8/22) of patients achieved transfusion independence (TI) for 56 days on roxadustat vs 7% (1/15) of patients on placebo within 28 weeks (nominal p-value of 0.041). The planned Phase 3 trial will assess the safety and efficacy of roxadustat In a randomized, double-blind, placebo-controlled design in approximately 200 patients with LR-MDS. Alignment was reached with the FDA on the patient population (patients requiring 4 pRBC units in two consecutive 8-week periods prior to randomization, who are refractory to, intolerant to, or ineligible for prior erythropoiesis-stimulating agents (ESA) therapy), dose regimen, as well as management of potential thrombotic risk through eligibility and dose modification and discontinuation criteria. As the primary endpoint for the study, the Company is considering either 8-week or 16-week RBC TI. FibroGen plans to submit the full Phase 3 protocol to the FDA in the fourth quarter of 2025.お知らせ • Aug 05FibroGen, Inc. to Report Q2, 2025 Results on Aug 11, 2025FibroGen, Inc. announced that they will report Q2, 2025 results After-Market on Aug 11, 2025New Risk • Jul 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$76m free cash flow). Negative equity (-US$175m). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$78m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$31.1m market cap).Recent Insider Transactions • Jul 05Independent Chairman of the Board recently bought US$119k worth of stockOn the 30th of June, James Schoeneck bought around 24k shares on-market at roughly US$5.07 per share. This transaction increased James' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of US$225k worth in shares.お知らせ • Jun 10FibroGen, Inc. Announces the Appointment of Michael Kauffman to Its Board of Directors, Effective June 4, 2025FibroGen, Inc. announced the appointment of Dr. Michael Kauffman to its Board of Directors effective June 4, 2025. Michael G. Kauffman, M.D., Ph.D. has about 30 years of experience in the life sciences industry, particularly in oncology therapeutic products, including expertise in preclinical research, clinical development, regulatory strategy and global approvals. He currently serves as chief executive officer (CEO), president, and board member of Nereid Therapeutics Inc. and is the Lead Director on the board of Verastem Oncology. In addition to Verastem Oncology and Nereid, he is a board member for FoRx Therapeutics, Kezar Life Sciences, Incendia Therapeutics, and BiVictriX Therapeutics. Previously, Dr Kauffman served as the co-founder and CEO of Karyopharm, where he guided the Company's transition from a discovery stage biotechnology company to a commercial stage organization and the global approvals of XPOVIO®. Prior to joining Karyopharm, Dr Kauffman was CMO of Onyx Pharma, where he led the development of Kyprolis® following the Onyx acquisition of Proteolix Inc., where he served as board member and then CMO. Previously, Dr. Kauffman was President and Chief Executive officer of EPIX Pharmaceuticals, Inc. (previously Predix Pharmaceuticals, Inc.). Before that, he was the leader of the Velcade® development program at Millennium Pharmaceuticals and has also held a number of senior positions at Millennium Predictive Medicine and Biogen. Dr Kauffman received his MD and PhD from Johns Hopkins Medical School, trained in Internal Medicine at Beth Israel (Deaconess) Medical Center and in Rheumatology at Massachusetts General Hospital, and is board certified in Internal Medicine.Reported Earnings • May 14First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: US$0.17 loss per share (improved from US$0.33 loss in 1Q 2024). Net loss: US$16.8m (loss narrowed 49% from 1Q 2024). Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US.お知らせ • May 06FibroGen, Inc. to Report Q1, 2025 Results on May 12, 2025FibroGen, Inc. announced that they will report Q1, 2025 results After-Market on May 12, 2025お知らせ • Apr 19FibroGen, Inc., Annual General Meeting, Jun 04, 2025FibroGen, Inc., Annual General Meeting, Jun 04, 2025.新しいナラティブ • Apr 10Simplifying Operations And Advancing FG-3246 Will Secure Future Success Strategic cost reductions and the sale of FibroGen China enhance financial stability, extending cash runway and potentially boosting overall financial performance. 分析記事 • Apr 08Investors Don't See Light At End Of FibroGen, Inc.'s (NASDAQ:FGEN) Tunnel And Push Stock Down 26%To the annoyance of some shareholders, FibroGen, Inc. ( NASDAQ:FGEN ) shares are down a considerable 26% in the last...お知らせ • Mar 28Fibrogen, Inc. Announces Publication of Results from Phase 1 Monotherapy Study of Fg-3246 in Patients with Metastatic Castration-Resistant Prostate Cancer in the Journal of Clinical OncologyFibroGen, Inc. announced the peer-reviewed publication titled "A Phase 1, First-in-Human Study of FOR46 (FG-3246), an Immune-Modulating Antibody-Drug Conjugate Targeting CD46, in Patients with Metastatic Castration Resistant Prostate Cancer" in the Journal of Clinical Oncology. The manuscript includes the complete results from the Fortis Therapeutics-sponsored Phase 1 study of FOR46 (now known as FG-3246), a potential first-in-class anti-CD46 antibody drug conjugate (ADC) with an MMAE-containing payload, in patients with metastatic castration-resistant prostate cancer (mCRPC). This is the first clinical trial targeting CD46 in patients with prostate cancer, and the totality of the data highlights the promising potential of FG-3246 anti-cancer activity, especially when considering the unselected, heavily pre-treated patient population in the trial. The trial results provide key insights into the potential clinical impact of targeting CD46 in the treatment of mCRPC and support its further development in this disease space with high unmet need," said Dr. Rahul Aggarwal, Professor of Medicine at the University of California San Francisco, and Principal Investigator of the study. Ocular adverse events were infrequent, which may be a distinguishing feature compared with other MMAE-based ADCs. Efficacy observed in the RECIST-evaluable set of 25 patients: Confirmed objective response rate was 20% with median duration of response of 7.5 months; All objective responses observed at a starting dose of 2.7 mg/kg or higher; Disease control rate was 80% with duration of treatment exceeding 24 weeks in 12 patients (48%) PSA50 response rate of 36% in 39 evaluable patients; Of eight evaluable patients who received docetaxel in the castration-sensitive setting, four (50%) achieved a confirmed PSA50 response; Median radiographic progression-free survival of 8.7 months in all 40 subjects in the efficacy analysis set; Of 15 evaluable baseline tumors, 12 (80%) were positive for CD46 expression by immunohistochemistry; FG-3246 responders were found to have a significantly higher frequency of effector T cells and lower frequency of immunosuppressive myeloid cells. The Company anticipates initiating the Phase 2 monotherapy dose optimization study of FG-3246 in patients with mCRPC by mid-2025. FG-3246 is also being evaluated in combination with enzalutamide in an investigator-sponsored study with topline results from the Phase 2 portion of the study anticipated in 2H 2025.Recent Insider Transactions • Mar 25Independent Chairman of the Board recently bought US$105k worth of stockOn the 21st of March, James Schoeneck bought around 300k shares on-market at roughly US$0.35 per share. This transaction increased James' direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.Major Estimate Revision • Mar 24Consensus revenue estimates decrease by 42%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$166.2m to US$96.7m. EPS estimate unchanged from -US$0.53 per share at last update. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target of US$10.00 unchanged from last update. Share price fell 29% to US$0.32 over the past week.Reported Earnings • Mar 18Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: US$1.53 loss per share (improved from US$3.32 loss in FY 2023). Revenue: US$29.6m (down 37% from FY 2023). Net loss: US$153.1m (loss narrowed 53% from FY 2023). Products in clinical trials Phase I: 1 Phase II: 1 Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US.お知らせ • Mar 04FibroGen, Inc. to Report Q4, 2024 Results on Mar 17, 2025FibroGen, Inc. announced that they will report Q4, 2024 results After-Market on Mar 17, 2025お知らせ • Feb 25FibroGen, Inc. has filed a Follow-on Equity Offering in the amount of $30 million.FibroGen, Inc. has filed a Follow-on Equity Offering in the amount of $30 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offeringお知らせ • Feb 22FibroGen, Inc. Announces Cessation of Christine L. Chung as Senior Vice President, China OperationsFibroGen, Inc. announced that upon the closing of the sale of FibroGen International pursuant to the Share Purchase Agreement, Christine L. Chung, who currently serves as Senior Vice President, China Operations, will cease employment with company.分析記事 • Feb 21There's No Escaping FibroGen, Inc.'s (NASDAQ:FGEN) Muted Revenues Despite A 46% Share Price RiseDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 46% in the...New Risk • Feb 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$126m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$202m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$63m net loss in 3 years). Market cap is less than US$100m (US$56.6m market cap).お知らせ • Feb 20AstraZeneca PLC (LSE:AZN) agreed to acquire Beijing Fibrogen Medical Technology Development Co., Ltd. from FibroGen, Inc. (NasdaqGS:FGEN).AstraZeneca PLC (LSE:AZN) agreed to acquire Beijing Fibrogen Medical Technology Development Co., Ltd. from FibroGen, Inc. (NasdaqGS:FGEN) on February 20, 2025. Under the terms of the agreement, FibroGen will receive an enterprise value of $85 million plus FibroGen net cash held in China at closing, currently estimated to be approximately $75 million, totaling approximately $160 million. The transaction is expected to close by mid-2025, pending customary closing conditions, including regulatory review in China. BofA Securities, Inc. acted as financial advisor for FibroGen, Inc. Ropes & Gray LLP acted as legal advisor for FibroGen, Inc.分析記事 • Dec 25There's No Escaping FibroGen, Inc.'s (NASDAQ:FGEN) Muted Revenues Despite A 26% Share Price RiseDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 26% in the...お知らせ • Dec 16FibroGen, Inc. Appoints David DeLucia as Chief Financial OfficerFibroGen, Inc. announced the appointment of David DeLucia to Chief Financial Officer (CFO), effective December 16, 2024. The company previously announced that Juan Graham would step down on December 15, 2024. Reporting to Chief Executive Officer Thane Wettig, DeLucia will lead and oversee FibroGen’s global finance organization. He has most recently served as FibroGen’s Vice President, Head of Corporate Financial Planning and Analysis, Investor Relations, and Treasury. Mr. DeLucia has nearly 15 years of financial leadership and experience within the life sciences industry. Prior to joining FibroGen in 2022, he held positions of increasing responsibility at TherapeuticsMD, overseeing Financial Planning and Analysis, Corporate Development, and Investor Relations. Earlier in his career, he was a buy-side investor at JP Morgan Asset Management, covering small and mid-cap healthcare companies. Mr. DeLucia holds the Chartered Financial Analyst® designation and a dual degree of Bachelor of Business Administration in Finance & Accounting and Bachelor of Science in Economics from the University of Michigan - Stephen M. Ross School of Business.Reported Earnings • Nov 14Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: US$0.17 loss per share (improved from US$0.65 loss in 3Q 2023). Revenue: US$46.3m (up 15% from 3Q 2023). Net loss: US$17.1m (loss narrowed 73% from 3Q 2023). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 22%.お知らせ • Nov 05FibroGen, Inc. to Report Q3, 2024 Results on Nov 12, 2024FibroGen, Inc. announced that they will report Q3, 2024 results After-Market on Nov 12, 2024分析記事 • Oct 29Little Excitement Around FibroGen, Inc.'s (NASDAQ:FGEN) Revenues As Shares Take 26% PoundingTo the annoyance of some shareholders, FibroGen, Inc. ( NASDAQ:FGEN ) shares are down a considerable 26% in the last...お知らせ • Sep 17FibroGen Receives Nasdaq Notification of Non-Compliance with Minimum Bid Price RequirementOn September 12, 2024, FibroGen, Inc. (‘FibroGen’) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market notifying FibroGen that for 30 consecutive business days the bid price of FibroGen’s common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq listing rule 5450(a)(1). The notification received has no immediate effect on the listing of FibroGen’s common stock on Nasdaq. In accordance with listing rule 5810(c)(3)(A), FibroGen has 180 calendar days, or until March 11, 2025, to regain compliance with the minimum bid price rule. To regain compliance, the closing bid price of FibroGen’s common stock must be at least $1.00 per share for a minimum of ten consecutive business days (or such longer period of time as the Nasdaq staff may require in some circumstances, but generally not more than 20 consecutive business days) before March 11, 2025. If FibroGen’s common stock does not achieve compliance by March 11, 2025, FibroGen may be eligible for an additional 180-day period to regain compliance if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and provides written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that FibroGen will not be able to cure the deficiency, or if FibroGen does not meet the other listing standards, Nasdaq could provide notice that FibroGen’s common stock will become subject to delisting. In the event FibroGen receives notice that its common stock is being delisted, Nasdaq rules permit FibroGen to appeal any delisting determination by the Nasdaq staff to a Hearings Panel. FibroGen currently meets the continued listing requirement for market value of publicly held shares and all other initial listing standards of The Nasdaq Stock Market, with the exception of the bid price requirement. FibroGen intends to actively monitor the closing bid price of its common stock between now and March 11, 2025, and will evaluate available options to resolve the deficiency and regain compliance with the minimum bid price rule.分析記事 • Aug 19The Market Doesn't Like What It Sees From FibroGen, Inc.'s (NASDAQ:FGEN) Revenues Yet As Shares Tumble 65%FibroGen, Inc. ( NASDAQ:FGEN ) shareholders that were waiting for something to happen have been dealt a blow with a 65...New Risk • Aug 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$203m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$190m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$84m net loss in 2 years). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (US$46.2m market cap).Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: US$0.16 loss per share (improved from US$0.90 loss in 2Q 2023). Revenue: US$50.6m (up 14% from 2Q 2023). Net loss: US$15.5m (loss narrowed 82% from 2Q 2023). Revenue exceeded analyst estimates by 46%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Revenue is expected to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 18%.お知らせ • Aug 01FibroGen, Inc. Announces Topline Results from Two Late-Stage Pamrevlumab Pancreatic Cancer StudiesFibroGen, Inc. announced topline results from two late-stage trials evaluating the efficacy and safety of pamrevlumab in patients with pancreatic cancer. The pamrevlumab experimental arm in PanCAN’s Precision Promise Phase 2/3 adaptive platform trial compared treatment with pamrevlumab combined with gemcitabine + nab-paclitaxel to gemcitabine + nab-paclitaxel alone for treatment in first line (1L) and second line (2L) patients with metastatic pancreatic ductal adenocarcinoma (mPDAC). The pamrevlumab arm of the study did not meet the primary endpoint of overall survival as determined by the protocol pre-specified Bayesian statistical analysis. The Phase 3 LAPIS trial compared treatment with pamrevlumab combined with gemcitabine + nab-paclitaxel or FOLFIRINOX to placebo combined with gemcitabine + nab-paclitaxel or FOLFIRINOX for the treatment of locally advanced, unresectable pancreatic cancer (LAPC). The study did not meet the primary endpoint of overall survival. Based upon the results of the late-stage pamrevlumab trials in pancreatic cancer, the company plans to implement an immediate and significant cost reduction plan in the U.S. The pamrevlumab development program will be terminated and the Company plans to expeditiously wind down any remaining pamrevlumab obligations. As a result of the cost reduction plan, headcount in the U.S. will be reduced by approximately 75%. PanCAN’s Precision Promise Pamrevlumab Arm Efficacy Results: Given both 1L and 2L pamrevlumab treatment groups graduated into Stage 2 of PanCAN’s Precision Promise study, the hazard ratio for the primary overall survival (OS) analysis assumed a common hazard ratio to estimate a single treatment effect for both 1L and 2L pamrevlumab patients combined compared to patients treated with gemcitabine + nab-paclitaxel. In addition, the pre-specified Bayesian model utilized a hierarchical model that included the borrowing of data from the mFOLFIRINOX control arm to the gemcitabine + nab-paclitaxel control arm for the primary efficacy analysis. The pre-specified primary efficacy analysis was performed in a modified intention-to-treat (mITT) population that included only subjects who initiated treatment. The mITT population in the pamrevlumab arm was comprised of a total of 102 patients in the 1L treatment group and 111 patients in the 2L treatment group and the gemcitabine + nab-paclitaxel control arm was comprised of a total of 34 patients in the 1L treatment group and 36 patients in the 2L treatment group. LAPIS Efficacy Results: The study did not meet the primary endpoint of overall survival (stratified log-rank p-value=0.55). Median overall survival of 17.3 months was observed in the pamrevlumab combined with gemcitabine + nab-paclitaxel or FOLFIRINOX arm compared to median overall survival of 17.9 months in the control arm of placebo combined with gemcitabine + nab-paclitaxel or FOLFIRINOX (HR: 1.08; 95% CI – 0.83 to 1.41). Pamrevlumab Safety Results (Precision Promise and LAPIS): The preliminary safety analyses across both studies indicate that the safety profile of pamrevlumab combined with gemcitabine + nab-paclitaxel or FOLFIRINOX was generally well tolerated with an acceptable safety profile in pancreatic cancer patients. No clinically meaningful differences in treatment emergent adverse events were seen between the treatment arms.Major Estimate Revision • Aug 01Consensus estimates of losses per share improve by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from US$150.4m to US$153.5m. EPS estimate increased from -US$1.55 per share to -US$1.29 per share. Biotechs industry in the US expected to see average net income decline 9.9% next year. Consensus price target down from US$1.75 to US$1.05. Share price fell 56% to US$0.54 over the past week.お知らせ • Jul 31FibroGen, Inc. to Report Q2, 2024 Results on Aug 06, 2024FibroGen, Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024分析記事 • Jul 04Little Excitement Around FibroGen, Inc.'s (NASDAQ:FGEN) Revenues As Shares Take 44% PoundingTo the annoyance of some shareholders, FibroGen, Inc. ( NASDAQ:FGEN ) shares are down a considerable 44% in the last...お知らせ • Jul 03FibroGen, Inc.(NasdaqGS:FGEN) dropped from Russell 3000 IndexFibroGen, Inc.(NasdaqGS:FGEN) dropped from Russell 3000 IndexSeeking Alpha • Jun 06FibroGen: Two New In-Licensed Oncology Drugs To Carry It ForwardSummary FibroGen, Inc. top-line data from the phase 2/3 PanCAN Precision Promise study, using pamrevlumab for the treatment of patients with metastatic pancreatic cancer, expected mid-2024. Topline data from the phase 3 LAPIS study, using pamrevlumab for the treatment of patients with locally advanced unresectable pancreatic cancer, expected Q3 of 2024. Initiation of phase 2 monotherapy dose optimization study of FG-3246 for the treatment of patients with metastatic castration-resistant prostate cancer, expected 2nd half of 2024. The global prostate cancer market size is expected to reach $27.51 billion by 2032. FG-3175 is an anti-CCR8 inhibitor drug and FG-3165 is an anti-Gal-9 inhibitor; Both drugs are being developed both alone as a monotherapy or as part of a combination with Libtayo for the treatment of patients with solid tumors. Read the full article on Seeking Alphaお知らせ • Jun 05FibroGen, Inc. Announces FDA Clearance of Investigational New Drug Application for FG-3165, A Galectin-9 Targeting Monoclonal Antibody, for the Treatment of Patients with Solid TumorsFibroGen, Inc. announced that the U.S. Food and Drug Administration has cleared the Company’s Investigational New Drug (IND) of FG-3165, a galectin-9 (Gal9) targeted monoclonal antibody under development for treatment of solid tumors characterized by high Gal9 levels of expression. The FDA IND clearance enables FibroGen to initiate a Phase 1 clinical trial evaluating the safety and efficacy of FG-3165 in patients with select solid tumors. The trial is anticipated to begin enrollment in the second half of 2024. FG-3165 is a galectin-9 (“Gal9”) targeted antibody under development for treatment of solid tumors and potentially hematologic malignancies characterized by high Gal9 levels of expression. Gal9 has been reported to signal through multiple immune checkpoints on lymphocytes, including TIM3, VISTA, and PD-1, suppressing T and natural killer cell activation. FG-3165 selectively binds to Gal9 with high affinity and inhibits its ability to induce lymphocyte cell death, resulting in enhanced tumor cell killing. Toxicology material as well as GMP material for the upcoming Phase 1 clinical trial was manufactured in partnership with Just-Evotec Biologics.Seeking Alpha • May 28Pamrevlumab And Roxadustat: Evaluating FibroGen's Future Amid Financial StrainsSummary FibroGen focuses on developing Pamrevlumab for pancreatic cancer therapy after disappointing trial results for other indications. If successful, Pamrevlumab’s phase 3 trials in pancreatic cancer could be a major value driver. Roxadustat has already been approved for anemia in chronic kidney disease and is in phase 3 for chemotherapy-induced anemia. FibroGen's financials show signs of deterioration and structural unprofitability, raising concerns about its prospects. Despite financial concerns and R&D issues, the stock trades at a significant discount relative to peers, justifying a "hold" rating. Read the full article on Seeking Alphaお知らせ • May 24FibroGen Announces Presentation of Positive Interim Data from the Phase 1b Study of FG-3246 (FOR46) in Combination with Enzalutamide in Patients with Metastatic Castration Resistant Prostate Cancer at the 2024 American Society of Clinical Oncology Annual MeetingFibroGen, Inc. announced positive interim results from the dose escalation portion of the investigator-sponsored Phase 1b/2 study conducted by the University of California San Francisco of FG-3246 (FOR46), a potential first-in-class anti-CD46 antibody drug conjugate (ADC) with a MMAE-containing payload, in combination with enzalutamide in patients with metastatic castration resistant prostate cancer (mCRPC) at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting. The presentation includes data from 17 biomarker unselected patients in the dose escalation portion of the trial. Eligibility criteria for the trial included patients who received at least one prior androgen receptor signaling inhibitor (ARSI) while patients who were treated with prior chemotherapy in the castration resistant setting were excluded. Over 70% of the patients in the study received at least two prior ARSIs, which included prior enzalutamide treatment. Dose escalation was explored with and without prophylactic granulocyte colony-stimulating factor (G-CSF) support. The primary endpoint was determination of the maximally tolerated dose (MTD) of FG-3246 in combination with enzalutamide. The combination treatment demonstrated an encouraging preliminary estimate of median radiographic progression free survival (rPFS) of 10.2 months. The MTD was established at 2.1 mg/kg ABW, with primary G-CSF prophylaxis, in combination with enzalutamide 160 mg/day. The most frequent adverse events were consistent with other MMAE-based ADCs and included fatigue, weight loss, elevated transaminases, neutropenia, and peripheral neuropathy. Additionally, a baseline CD46-directed PET imaging probe utilizing the same antibody backbone as FG-3246 (89Zr-DFO-YS5) was obtained in a subset of patients and demonstrated tumor uptake in multiple lesions. This Phase 1b/2 study is an investigator-sponsored trial being conducted at the University of California San Francisco to evaluate FG-3246 (FOR46) in combination with enzalutamide in patients with metastatic castration resistant prostate cancer (mCRPC) after prior progression on at least one androgen receptor signaling inhibitor. The primary objective for the Phase 1b portion of the study is to determine the maximally tolerated dose (MTD) and recommended Phase 2 dose of FG-3246 in combination with enzalutamide in patients with mCRPC. The objectives of the Phase 2 portion of the study are to determine the composite response rate (CRR), proportion of participants with a greater than or equal to 50% change in prostate specific antigen (PSA50), objective response rate (ORR), median duration of response, median radiographic progression free survival (rPFS), and median overall survival (OS) of patients treated with FG-3246 in combination with enzalutamide.Reported Earnings • May 07First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: US$0.33 loss per share (improved from US$0.81 loss in 1Q 2023). Revenue: US$55.9m (up 55% from 1Q 2023). Net loss: US$32.9m (loss narrowed 57% from 1Q 2023). Revenue exceeded analyst estimates by 53%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.分析記事 • May 07Benign Growth For FibroGen, Inc. (NASDAQ:FGEN) Underpins Stock's 28% PlummetUnfortunately for some shareholders, the FibroGen, Inc. ( NASDAQ:FGEN ) share price has dived 28% in the last thirty...お知らせ • May 01FibroGen, Inc. to Report Q1, 2024 Results on May 06, 2024FibroGen, Inc. announced that they will report Q1, 2024 results After-Market on May 06, 2024お知らせ • Apr 26+ 1 more updateFibroGen, Inc. to Present Clinical Data from Dose Escalation Phase 1B Study of FG-3246 (FOR46) in Combination with Enzalutamide in Patients with Metastatic Castration Resistant Prostate Cancer at 2024 American Society of Clinical Oncology Annual MeetingFibroGen, Inc. announced that clinical data from the dose escalation portion of the Phase 1b/2 study of FG-3246 in combination with enzalutamide in patients with metastatic castration resistant prostate cancer have been selected for a poster presentation at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting taking place May 31-June 4, 2024 in Chicago, Illinois. FG-3246 (also known as FOR46) is a potential first-in-class fully human antibody-drug conjugate (ADC), exclusively in-licensed from Fortis Therapeutics, and is being developed by FibroGen for metastatic castration-resistant prostate cancer and other tumor types. FG-3246 binds to a tumor-specific epitope of CD46, a cell receptor target, that induces internalization upon antibody binding, is present at high levels in prostate cancer and other tumor types, and demonstrates limited expression in most normal tissues. FG-3246 is comprised of an anti-CD46 antibody, YS5, linked to the anti-mitotic agent, MMAE, which is a clinically and commercially validated ADC payload. FG-3246 has demonstrated anti-tumor activity in both preclinical and clinical studies. FG-3246 is currently in an ongoing investigator-initiated Phase 1b/2 study being conducted at UCSF to evaluate it in combination with enzalutamide with initial data expected in mid-2024, and a biomarker trial using a PET biomarker for CD46 using the same antibody backbone. The company anticipates the initiation of a Phase 2 monotherapy dose optimization study of FG-3246 in metastatic castration-resistant prostate cancer in 2H 2024. FG-3246 is an investigational drug and not approved for marketing by any regulatory authority.お知らせ • Apr 17Hangzhou Andao Pharmaceutical Ltd. and Kind Pharmaceuticals Announce Settlement with FibroGen, IncHangzhou Andao Pharmaceutical Ltd. and Kind Pharmaceuticals LLC, together with its Chief Executive Officer Dr. Dong Liu and Chief Scientific Officer Dr. Shaojiang Deng, announced a resolution of their recent dispute with FibroGen, Inc. regarding Kind Pharmaceuticals' hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF- PHI) technology. The parties have agreed to withdraw all pending legal proceedings between them regarding this HIF-PHI technology, without payment by either party. HIF-PHIs are a class of compounds that can be used to treat anemia. Kind Pharmaceuticals' HIF-PHI drug candidate, AND017, is currently being studied in a clinical trial for the treatment of anemia in chronic kidney disease (CKD) patients. As a result of the settlement, Kind Pharmaceuticals remains free to develop AND017 and other HIF-PHIs in its pipeline.お知らせ • Apr 03Fibrogen Announces Topline Results from Phase 1 Monotherapy Study of FG-3246 in Patients with Metastatic Castration-Resistant Prostate CancerFibroGen, Inc. announced topline data from the Fortis Therapeutics-sponsored Phase 1 study of FG-3246 (also known as FOR46), a potential first-in-class anti-CD46 antibody drug conjugate (ADC) with an MMAE-containing payload, in a dose-escalation and dose-expansion trial enrolling patients with metastatic castration-resistant prostate cancer (mCRPC) whose tumors have progressed on at least one androgen receptor-signaling inhibitor (ARSI). In the Phase 1 dose-escalation portion of the study, ascending dose levels of FG-3246 were administered every 3 weeks. In the dose-expansion arm of the trial, patients were treated at the 2.7 mg/kg adjusted body weight dosing (AjBW) until disease progression. The endpoints were safety, tolerability, and anti-tumor activity as measured by the decline of prostate-specific antigen (PSA) from baseline, objective tumor response rate in patients with measurable disease, and radiographic progression free survival (rPFS). The completed Phase 1 trial includes a total of 56 patients from the dose-escalation and dose-expansion cohorts. The efficacy analysis includes patients who received a starting dose of FG-3246 of = 1.2 mg/kg in the dose-escalation cohort, and patients who received 2.7 mg/kg AjBW with a histologic diagnosis of adenocarcinoma in the dose-expansion cohort. Patients were heavily pre-treated, having received a median of 5 lines of therapy prior to receiving FG-3246. In the efficacy analysis, PSA reductions of = 50% were observed in 36% of PSA evaluable patients. For RECIST evaluable patients, 20% met the criteria of a partial response, or tumor reduction in size of = 30%, with a median duration of response of 7.5 months. The median rPFS in this heavily pre-treated patient population was 8.7 months. The most frequent adverse events were consistent with other MMAE-based ADCs and included infusion related reactions, fatigue, weight loss, neutropenia, and peripheral neuropathy. Earlier data from the FOR46-001 trial had been presented at the American Society for Clinical Oncology (ASCO) 2022 annual meeting1, and complete results from the study are being submitted to a medical journal for publication in 2024.分析記事 • Mar 22FibroGen, Inc.'s (NASDAQ:FGEN) Share Price Boosted 35% But Its Business Prospects Need A Lift TooDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 35% in the...Recent Insider Transactions • Mar 13CEO & Director recently bought US$95k worth of stockOn the 7th of March, Thane Wettig bought around 50k shares on-market at roughly US$1.91 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Thane has been a buyer over the last 12 months, purchasing a net total of US$36k worth in shares.お知らせ • Mar 11FibroGen Appoints Deyaa Adib as Senior Vice President and Chief Medical OfficerFibroGen, Inc. announced the appointment of Deyaa Adib, M.D., an executive leader with almost three decades of oncology development experience, as Senior Vice President & Chief Medical Officer to oversee all global clinical development activities. The appointment is effective March 11, 2024. Dr. Adib, a seasoned industry leader, has over 27 years of medical oncology experience in the biotechnology and pharmaceutical industries, including seven successful registrations across solid tumor and hematologic malignancy indications. Prior to joining FibroGen, he was the Chief Medical Officer of Triumvira Immunologics Inc. where he led the transition of two novel cell therapy programs into clinical development. He previously served as Acting Chief Medical Officer at Rain Therapeutics, and as Vice President of late-stage development at Blueprint Medicines, where he led the development of avapritinib which is currently approved for gastrointestinal stromal tumors and advanced systemic mastocytosis. Dr. Adib also served as Global Therapeutics Head for solid tumors at Baxalta, in-licensing and advancing the development of nanoliposomal irinotecan that was subsequently approved globally for pancreatic cancer, establishing a new standard of care in the second line metastatic setting. He also served as Head of Hematologic Malignancies at ARIAD Pharmaceuticals, leading the global clinical program for ponatinib in chronic myeloid leukemia. Earlier in his career, Dr. Adib held multiple oncology clinical development leadership positions at Aventis, Sanofi and Astellas Pharma, advancing the development of Taxotere in prostate cancer, breast cancer and gastric cancer, oxaliplatin in colorectal cancer and notably enzalutamide, which led to a treatment paradigm shift in prostate cancer. He has served as a scientific advisory board member for multiple biotech companies and provided strategic consulting support to several cell therapy startups. Dr. Adib obtained an M.B., B.Ch. degree from Cairo University School of Medicine in Cairo, Egypt. He completed his postgraduate medical oncology training at the Anglo-American Cancer Institute in Cairo and additionally at Tufts University School of Medicine, Boston, MA, in clinical pharmacology, drug development and regulation.Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$2.92 loss per share (improved from US$3.14 loss in FY 2022). Revenue: US$147.8m (up 5.0% from FY 2022). Net loss: US$284.2m (loss narrowed 3.2% from FY 2022). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 62% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 21FibroGen, Inc. to Report Q4, 2023 Results on Feb 26, 2024FibroGen, Inc. announced that they will report Q4, 2023 results After-Market on Feb 26, 2024分析記事 • Feb 05There's No Escaping FibroGen, Inc.'s (NASDAQ:FGEN) Muted Revenues Despite A 148% Share Price RiseDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 148% in the...New Risk • Feb 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$352m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$352m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Negative equity (-US$115m). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$140m net loss next year). Shareholders have been diluted in the past year (4.7% increase in shares outstanding).お知らせ • Jan 25FibroGen, Inc. Announces Completion of the Pamrevlumab Arm in Precision Promise, Pancreatic Cancer Action Network’s Phase 2/3 Adaptive Platform Trial for Metastatic Pancreatic CancerFibroGen, Inc. announced graduation and completion of the pamrevlumab experimental arm in the Pancreatic Cancer Action Network's (PanCAN) Precision PromiseSM Phase 2/3 adaptive platform trial, which evaluates pamrevlumab in combination with the chemotherapy treatments gemcitabine and nab-paclitaxel for patients with metastatic pancreatic ductal adenocarcinoma (mPDAC). Topline data from this registration study is anticipated in the second quarter of 2024. Pamrevlumab, in Stage 1 of the trial, achieved a protocol pre-specified = 35% predictive probability of success for the primary endpoint of overall survival at the completion of the trial, and thus graduated to the second and final Stage of the trial in the third quarter of 2022. Pamrevlumab is the first experimental arm to meet its required threshold for graduation to Stage 2 in the adaptive platform trial. The pamrevlumab arm of the study completed Stage 2 of the trial in January 2024. PanCAN’s Precision PromiseSM adaptive platform trial (NCT04229004) is a U.S.-based, seamless Phase 2/3 study that enrolled patients in approximately 24 sites around the country. The multi-arm study consists of experimental treatment arms and two comparator arms: gemcitabine + nab-paclitaxel and mFOLFIRINOX. The pamrevlumab experimental arm was offered to patients with mPDAC as either a first-line (1L) or second-line (2L) treatment option. In the initial stage of the study (Stage 1), at least 100 patients with mPDAC received pamrevlumab in combination with gemcitabine and nab-paclitaxel. Guided by Bayesian principles, the graduation threshold for pamrevlumab was a protocol pre-specified = 35% predictive probability of success for the primary endpoint of overall survival at the completion of the trial. Upon graduation, an additional 75 patients with mPDAC were enrolled (Stage 2), receiving the same pamrevlumab treatment regimen as in Stage 1. All patients are dosed until disease progression and the final analysis is based upon the data collected up to 12 months after the last patient initiates treatment in Stage 2. The combined Stage 1 and Stage 2 data will form the basis for analysis of the primary and secondary endpoints for the pamrevlumab arm. Secondary endpoints include progression-free survival (PFS), objective response rate (ORR), and duration of response (DOR), offering a comprehensive understanding of the treatment's impact. Biomarker-related data, including genomics data, have been collected to provide additional insights into the trial's outcomes. Precision PromiseSM is a registration study and the statistical design has been discussed by PanCAN with the FDA. The statistical design of Precision PromiseSM is led by renowned statistician Dr. Donald Berry of Berry Consulting.分析記事 • Dec 22FibroGen, Inc. (NASDAQ:FGEN) Held Back By Insufficient Growth Even After Shares Climb 42%FibroGen, Inc. ( NASDAQ:FGEN ) shareholders are no doubt pleased to see that the share price has bounced 42% in the...Buying Opportunity • Dec 20Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be US$0.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.5% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings is also forecast to grow by 46% per annum over the same time period.分析記事 • Nov 24A Look At The Intrinsic Value Of FibroGen, Inc. (NASDAQ:FGEN)Key Insights The projected fair value for FibroGen is US$0.41 based on 2 Stage Free Cash Flow to Equity FibroGen's...Buying Opportunity • Nov 09Now 30% undervalued after recent price dropOver the last 90 days, the stock is down 67%. The fair value is estimated to be US$0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.5% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 48% per annum over the same time period.New Risk • Nov 07New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$352m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$115m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$352m). Currently unprofitable and not forecast to become profitable over next 3 years (US$61m net loss in 3 years). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (US$54.9m market cap).Reported Earnings • Nov 07Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: US$0.65 loss per share (improved from US$0.98 loss in 3Q 2022). Revenue: US$40.1m (up 155% from 3Q 2022). Net loss: US$63.6m (loss narrowed 31% from 3Q 2022). Revenue exceeded analyst estimates by 8.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Biotechs industry in the US.お知らせ • Oct 29FibroGen, Inc. Receives Non-Compliance Letter from Nasdaq Related to Minimum Bid PriceOn October 24, 2023, FibroGen, Inc. (FibroGen) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market notifying FibroGen that for the last 30 consecutive business days the bid price of FibroGens common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq listing rule 5450(a)(1). The notification received has no immediate effect on the listing of FibroGens common stock on Nasdaq. In accordance with listing rule 5810(c)(3)(A), FibroGen has 180 calendar days, or until April 22, 2024, to regain compliance with the minimum bid price rule. To regain compliance, the closing bid price of FibroGens common stock must be at least $1.00 per share for a minimum of ten consecutive business days (or such longer period of time as the Nasdaq staff may require in some circumstances, but generally not more than 20 consecutive business days) before April 22, 2024. If FibroGens common stock does not achieve compliance by April 22, 2024, FibroGen may be eligible for an additional 180-day period to regain compliance if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and provides written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that FibroGen will not be able to cure the deficiency, or if FibroGen does not meet the other listing standards, Nasdaq could provide notice that FibroGens common stock will become subject to delisting. In the event FibroGen receives notice that its common stock is being delisted, Nasdaq rules permit FibroGen to appeal any delisting determination by the Nasdaq staff to a Hearings Panel. FibroGen currently meets the continued listing requirement for market value of publicly held shares and all other initial listing standards of The Nasdaq Stock Market, with the exception of the bid price requirement. FibroGen intends to actively monitor the closing bid price of its common stock between now and April 22, 2024, and will evaluate available options to resolve the deficiency and regain compliance with the minimum bid price rule.お知らせ • Oct 24FibroGen, Inc. to Report Q3, 2023 Results on Nov 06, 2023FibroGen, Inc. announced that they will report Q3, 2023 results After-Market on Nov 06, 2023Price Target Changed • Oct 12Price target decreased by 17% to US$10.38Down from US$12.50, the current price target is an average from 4 analysts. New target price is 1,573% above last closing price of US$0.62. Stock is down 96% over the past year. The company is forecast to post a net loss per share of US$2.77 next year compared to a net loss per share of US$3.14 last year.お知らせ • Oct 07+ 1 more updateFibroGen, Inc. Appoints Thane Wettig as Chief Executive OfficerOn October 2, 2023, the Board of Directors of FibroGen, Inc. appointed Interim Chief Executive Officer Thane Wettig as Chief Executive Officer. Mr. Wettig held the position of Interim Chief Executive Officer since July 23, 2023.お知らせ • Sep 08Mark Eisner Resigns as Chief Medical Officer of Fibrogen, Inc., Effective September 8, 2023On August 31, 2023, Mark Eisner, M.D. resigned from his position as Chief Medical Officer of FibroGen, Inc., effective September 8, 2023, to pursue other opportunities. Dr. Eisner will continue as an employee through the effective date of his resignation, after which time, he will serve the company as a consultant under a consulting agreement (the ‘Consulting Agreement’) to provide transition services. The company has commenced a search for a new Chief Medical Officer.Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Independent Director Ben Cravatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Aug 31Fibrogen, Inc. Announces Topline Results from Lelantos-2, A Phase 3 Clinical Study of Pamrevlumab in Ambulatory Muscular DystrophyFibroGen, Inc. announced topline data from the Phase 3 LELANTOS-2 trial of pamrevlumab for the treatment of ambulatory patients with Duchenne muscular dystrophy (DMD) on background systemic corticosteroids. The study did not meet the primary endpoint of change in the North Star Ambulatory Assessment (NSAA) total score from baseline to week 52 (placebo-corrected mean difference -0.528 points; 95% CI -2.308 to 1.251; p=0.5553). Secondary endpoints measured by change from baseline at week 52 in 4-stair climb velocity, 10-meter walk/run test, time to stand, time to loss of ambulation, and proportion of patients with greater than 10 seconds in the 10-meter walk/run test were also not met. Preliminary safety data showed that pamrevlumab was generally safe and well tolerated. The majority of treatment emergent adverse events were mild or moderate. Treatment-emergent serious adverse events were observed in 8.3% of patients in the pamrevlumab group and 2.8% of patients in the placebo group. FibroGen is in the process of evaluating the totality of the data, including other pre-specified endpoints, to determine the next steps for the program. The Company plans to communicate the full results of the LELANTOS-2 study at an upcoming medical forum. A total of 73 boys with ambulatory DMD ages 6 to <12 years were enrolled in LELANTOS-2, a global, Phase 3, randomized, double-blind trial of pamrevlumab or placebo in combination with systemic corticosteroids. The primary endpoint of the study was ambulatory function measured by change in the North Star Ambulatory Assessment (NSAA) total score from baseline to Week 52. Secondary endpoints assessed from baseline to Week 52 included changes in 4-stair climb velocity, 10-meter walk/run test, time to stand, time to loss of ambulation, and proportion of patients with greater than 10 seconds in the 10-meter walk/run test. In LELANTOS-2, patients were dosed with pamrevlumab (35 mg/kg IV on Day 1 and every two weeks thereafter with last dose at Week 52) or placebo. Duchenne muscular dystrophy (DMD) is a rare and debilitating neuromuscular disease that affects approximately 1 in every 5,000 newborn boys. About 20,000 children are diagnosed with DMD globally each year. The fatal disease is caused by a genetic mutation leading to the absence or defect of dystrophin, a protein necessary for normal muscle function. The absence of dystrophin results in muscle weakness, muscle loss, fibrosis, and inflammation. Patients with DMD are often wheelchair-bound before the age of 12, and their progressive muscle weakness may lead to serious medical problems relating to respiratory and cardiac muscle. Pamrevlumab is a potential first-in-class antibody being developed by FibroGen to inhibit the activity of connective tissue growth factor (CTGF), a common factor in fibrotic and proliferative disorders characterized by persistent and excessive scarring that can lead to organ dysfunction and failure. Pamrevlumab is in Phase 3 clinical development for the treatment of ambulatory Duchenne muscular dystrophy (DMD), and locally advanced unresectable pancreatic cancer (LAPC), and in Phase 2/3 for the treatment of metastatic pancreatic cancer. The U.S. Food and Drug Administration has granted Orphan Drug Designation to pamrevlumab for treatment of patients with DMD and pancreatic cancer, and Fast Track designation to pamrevlumab for the treatment of patients with DMD and LAPC. The U.S. Food and Drug Administration has also granted Rare Pediatric Disease Designation to pamrevlumab for the treatment of patients with DMD. Pamrevlumab has demonstrated a safety and tolerability profile that has supported ongoing clinical investigation in DMD, LAPC, and metastatic pancreatic cancer.Reported Earnings • Aug 08Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.90 loss per share (further deteriorated from US$0.78 loss in 2Q 2022). Revenue: US$44.3m (up 49% from 2Q 2022). Net loss: US$87.7m (loss widened 21% from 2Q 2022). Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Biotechs industry in the US.お知らせ • Jul 26Fibrogen, Inc. Announces Chief Executive Officer ChangesFibroGen Inc. CEO Enrique Conterno resigned for personal reasons. Thane Wettig, FibroGen's chief commercial officer, was named interim CEO of the San Francisco-based drug maker. Conterno, a 27-year veteran of Eli Lilly and Co., joined FibroGen as the virus that causes Covid was emerging in China, one of the company's top markets for roxadustat. He replaced company founder Thomas Neff, who died in August 2019 at the age of 65 of advanced hypertensive cardiovascular disease. Wettig, 58, has been with FibroGen since June 2020. He had been chief commercial officer and metabolic franchise head for Intarcia Therapeutics for two years and spent 18 years at Lilly, most recently as chief marketing officer of its diabetes business.お知らせ • Jul 25FibroGen, Inc. to Report Q2, 2023 Results on Aug 07, 2023FibroGen, Inc. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023Major Estimate Revision • Jun 29Consensus revenue estimates decrease by 13%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$177.8m to US$154.3m. EPS estimate increased from -US$2.94 to -US$2.67 per share. Biotechs industry in the US expected to see average net income decline 85% next year. Consensus price target down from US$25.50 to US$12.50. Share price fell 85% to US$2.49 over the past week.Price Target Changed • Jun 27Price target decreased by 25% to US$19.00Down from US$25.50, the current price target is an average from 6 analysts. New target price is 601% above last closing price of US$2.71. Stock is down 77% over the past year. The company is forecast to post a net loss per share of US$2.93 next year compared to a net loss per share of US$3.14 last year.Buying Opportunity • Jun 26Now 81% undervalued after recent price dropOver the last 90 days, the stock is down 86%. The fair value is estimated to be US$14.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings is also forecast to grow by 48% per annum over the same time period.Recent Insider Transactions Derivative • Jun 17Insider notifies of intention to sell stockChristine Chung intends to sell 63k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of June. If the sale is conducted around the recent share price of US$17.56, it would amount to US$1.1m. Since September 2022, Christine's direct individual holding has increased from 238.80k shares to 248.83k. Company insiders have collectively sold US$3.0m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jun 08FibroGen, Inc. Announces Topline Results from LELANTOS-1 Phase 3 Clinical Study of Pamrevlumab in Non-Ambulatory Patients with Duchenne Muscular DystrophyFibroGen, Inc. announced topline data from the Phase 3 LELANTOS-1 placebo-controlled trial of pamrevlumab for the treatment of non-ambulatory patients with Duchenne Muscular Dystrophy (DMD) on background corticosteroids. The study did not meet the primary endpoint of Performance of the Upper Limb 2.0 (PUL 2.0) score at week 52 compared to baseline. Pamrevlumab was generally safe and well tolerated and the majority of treatment emergent adverse events were mild or moderate. FibroGen plans to present the complete results of the LELANTOS-1 study at an upcoming medical conference and to publish the full results. Topline data from the Phase 3 LELANTOS-2 clinical trial of pamrevlumab for the treatment of ambulatory patients with DMD is expected Third Quarter 2023. A total of ninety-nine (99) DMD patients aged 12 years and older were enrolled in LELANTOS-1, a global Phase 3, randomized, double-blind, trial of pamrevlumab or placebo in combination with systemic corticosteroids to evaluate the efficacy and safety of pamrevlumab in patients with non-ambulatory DMD. The U.S. Food and Drug Administration (FDA) has granted Rare Pediatric Disease, Orphan Drug, and Fast Track Designation to pamrevlumab for the treatment of DMD. In the EU, FibroGen has been granted Orphan Drug Designation to pamrevlumab for the treatment of DMD. The Phase 3 clinical development program for pamrevlumab for DMD includes two studies, LELANTOS-1 and LELANTOS-2. These randomized, double-blind global Phase 3 trials are designed to evaluate the efficacy and safety of pamrevlumab in combination with systemic corticosteroids in patients with either non-ambulatory or ambulatory DMD. For more information about LELANTOS-2, which is fully enrolled. Pamrevlumab is a potential first-in-class antibody being developed by FibroGen to inhibit the activity of connective tissue growth factor (CTGF), a common factor in fibrotic and proliferative disorders characterized by persistent and excessive scarring that can lead to organ dysfunction and failure. Pamrevlumab is in Phase 3 clinical development for the treatment of idiopathic pulmonary fibrosis (IPF), locally advanced unresectable pancreatic cancer (LAPC), and Duchenne muscular dystrophy (DMD), and in Phase 2/3 for the treatment of metastatic pancreatic cancer. The U.S. Food and Drug Administration has granted Orphan Drug Designation, and Fast Track designation to pamrevlumab for the treatment of patients with IPF, DMD, and LAPC. The U.S. Food and Drug Administration has also granted Rare Pediatric Disease Designation to pamrevlumab for the treatment of patients with DMD. Pamrevlumab has demonstrated a safety and tolerability profile that has supported ongoing clinical investigation in IPF, DMD, and LAPC. Pamrevlumab is an investigational drug and not approved for marketing by any regulatory authority.お知らせ • May 19FibroGen, Inc. Announces Positive Topline Results from China Pivotal Phase 3 Clinical Trial of Roxadustat for the Treatment of Chemotherapy Induced AnemiaFibroGen, Inc. and its subsidiary, FibroGen (China) Medical Technology Development Co. Ltd. announced positive topline data from Company's Phase 3 clinical study of roxadustat for treatment of anemia in patients receiving concurrent chemotherapy treatment for non-myeloid malignancies in China. Roxadustat (Ai Rui Zhuo ®?) demonstrated non-inferiority compared to recombinant erythropoietin alfa (SEPO®?) on the primary endpoint of change in hemoglobin (Hb) level from baseline to the average level during weeks 9-13. In the preliminary safety analysis, the adverse event profile of roxadustat was generally consistent with previous findings and supportive of a positive benefit risk in this patient population. A total of one-h hundred fifty-nine (159) patients with non-myeloid malignedancy (solid tumor) with a baseline hemoglobin level at or below 10 g/dL were enrolled into this Phase 3, randomized, open-label, active-controlled study investigating the efficacy and safety of roxadustat For treatment of chemotherapy-induced anemia (CIA). Patients were randomly assigned roxadustat or erythropoietin Alfa three times per week (TIW), during a treatment period of 12 weeks, with an additional 4-week follow-up period. Roxadustat (ai Rui Zhuo ®®?, EVRENZOTM) is currently approved in China, Europe, Japan, and numerous other countries for the treatment of anemia in CKD patients on dialysis and not on dialysis. Roxadustat is in clinical development for chemotherapy-induced anemia (CIA) in China. FibroGen recently expanded its research and development portfolio to include product candidates in the immuno-oncology space.Major Estimate Revision • May 15Consensus EPS estimates fall by 20%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$171.3m to US$177.8m. Forecast EPS reduced from -US$2.46 to -US$2.94 per share. Biotechs industry in the US expected to see average net income decline 85% next year. Consensus price target of US$24.67 unchanged from last update. Share price was steady at US$17.43 over the past week.Reported Earnings • May 10First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: US$0.81 loss per share (further deteriorated from US$0.68 loss in 1Q 2022). Revenue: US$36.2m (down 41% from 1Q 2022). Net loss: US$76.7m (loss widened 21% from 1Q 2022). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.分析記事 • Apr 18Revenues Not Telling The Story For FibroGen, Inc. (NASDAQ:FGEN)It's not a stretch to say that FibroGen, Inc.'s ( NASDAQ:FGEN ) price-to-sales (or "P/S") ratio of 13.8x right now...Recent Insider Transactions • Apr 08Insider recently sold US$124k worth of stockOn the 4th of April, Christine Chung sold around 7k shares on-market at roughly US$18.78 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.2m. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months.Recent Insider Transactions • Mar 13CEO & Director recently sold US$1.2m worth of stockOn the 10th of March, Enrique Conterno sold around 56k shares on-market at roughly US$20.62 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Enrique has been a net seller over the last 12 months, reducing personal holdings by US$1.2m.Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: US$3.14 loss per share. Revenue: US$140.7m (down 40% from FY 2021). Net loss: US$293.7m (loss widened 1.3% from FY 2021). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Biotechs industry in the US.Price Target Changed • Feb 28Price target increased by 16% to US$24.83Up from US$21.33, the current price target is an average from 6 analysts. New target price is 12% above last closing price of US$22.20. Stock is up 63% over the past year. The company is forecast to post a net loss per share of US$3.38 next year compared to a net loss per share of US$3.14 last year.株主還元KYNBUS BiotechsUS 市場7D-2.3%1.2%2.1%1Y-11.1%41.9%30.6%株主還元を見る業界別リターン: KYNB過去 1 年間で41.9 % の収益を上げたUS Biotechs業界を下回りました。リターン対市場: KYNBは、過去 1 年間で30.6 % のリターンを上げたUS市場を下回りました。価格変動Is KYNB's price volatile compared to industry and market?KYNB volatilityKYNB Average Weekly Movement6.9%Biotechs Industry Average Movement10.6%Market Average Movement7.2%10% most volatile stocks in US Market16.1%10% least volatile stocks in US Market3.2%安定した株価: KYNB 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: KYNBの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199334Thane Wettigwww.kyntrabio.comKyntra Bio, Inc.は、深刻なアンメット・メディカル・ニーズを満たす治療薬の発見、開発、商業化を行うバイオ医薬品企業です。同社は転移性去勢抵抗性前立腺癌やその他の癌の治療薬として、CD46を標的とした抗体薬物複合体であるFG-3246を開発中である。また、低酸素誘導因子プロリル水酸化酵素活性の低分子阻害剤であるRoxadustatを開発中で、米国、欧州、日本などで慢性腎臓病の貧血治療薬として第III相臨床開発を完了し、骨髄異形成症候群に伴う貧血治療薬としても第III相臨床開発中である。アステラス製薬およびアストラゼネカと共同研究契約を結んでいる。以前はファイブロジェン社として知られていたが、2026年1月にキントラ・バイオ社に社名変更。キントラ・バイオ社は1993年に設立され、カリフォルニア州サンフランシスコに本社を置いている。もっと見るKyntra Bio, Inc. 基礎のまとめKyntra Bio の収益と売上を時価総額と比較するとどうか。KYNB 基礎統計学時価総額US$28.82m収益（TTM）-US$58.20m売上高(TTM)US$6.44m4.5xP/Sレシオ-0.5xPER（株価収益率KYNB は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計KYNB 損益計算書（TTM）収益US$6.44m売上原価US$24.07m売上総利益-US$17.63mその他の費用US$40.57m収益-US$58.20m直近の収益報告Dec 31, 2025次回決算日May 11, 2026一株当たり利益（EPS）-14.38グロス・マージン-273.80%純利益率-903.79%有利子負債／自己資本比率437.1%KYNB の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 10:11終値2026/05/07 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kyntra Bio, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Jason Matthew GerberryBofA Global ResearchXiaodong ZhangH.C. Wainwright & Co.Matthew KellerH.C. Wainwright & Co.9 その他のアナリストを表示
Featured narrative•Pharmaceuticals & Biotech opportunityUnicycive Therapeutics4 months ago author updated this narrativeSTFair Value from stuart_robertsUS$21.5363.5% 割安 内在価値ディスカウントLooking to be second time lucky with a game-changing new productKey Takeaways Unicycive has successfully completed clinical development of its lead asset, Oxylanthanum Carbonate (OLC). OLC has been designed to improve on current phosphate binders by offering better efficacy, fewer pills, and improved tolerability over alternative treatments for hyperphosphatemia chronic kidney disease patients on dialysis.Read full narrative6.4kusers have viewed this narrative18users have liked this narrative0users have commented on this narrative130users have followed this narrativeRead narrative
お知らせ • May 05Kyntra Bio, Inc. to Report Q1, 2026 Results on May 11, 2026Kyntra Bio, Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026
お知らせ • Apr 28Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026.
お知らせ • Apr 11Kyntra Bio, Inc. Receives Nasdaq Notice Of Non-Compliance With Continued Listing RequirementsOn April 2, 2026, Kyntra Bio, Inc. (Kyntra Bio or the Company) received a letter from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market notifying us that the Company no longer complies with the Nasdaq Global Select Market continued listing requirement of $50 million in total assets and total revenue for the most recently completed fiscal year (or two of the last three most recently completed fiscal years) per Listing Rule 5450(b)(3)(A). This is due to the revenue of FibroGen International being presented as held for sale (in discontinued operations) in 2024 and 2025. The Company does not currently meet the alternative requirements of Listing Rule 5450(b) (either the shareholders' equity or the market value of listed securities standards). The notification received has no immediate effect on the listing of Kyntra Bio's common stock on Nasdaq. Under the Nasdaq Rules, the Company has 45 days (May 18, 2026) to submit a plan to regain compliance and if such plan is accepted, Nasdaq may grant the Company with an extension of up to 180 days (September 29, 2026) to evidence compliance. Per Listing Rule 5810(c)(2)(D), the Company may submit a plan that demonstrates current or near term compliance with the listing requirements relating to stockholders' equity or market value of listed securities. In determining whether to accept our plan, Nasdaq will consider such things as the likelihood that the plan will result in compliance with Nasdaq's continued listing criteria, the Company's past compliance history, the reasons for the Company's current non-compliance, other corporate events that may occur within the review period, the Company's overall financial condition, and its public disclosures. Kyntra Bio may also consider applying to transfer the Company's securities to the Nasdaq Capital Market.
Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: US$14.40 loss per share (improved from US$38.26 loss in FY 2024). Net loss: US$58.2m (loss narrowed 62% from FY 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 20%.
お知らせ • Mar 09Kyntra Bio, Inc. to Report Q4, 2025 Results on Mar 16, 2026Kyntra Bio, Inc. announced that they will report Q4, 2025 results After-Market on Mar 16, 2026
New Risk • Feb 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$53m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$32.6m market cap).
お知らせ • May 05Kyntra Bio, Inc. to Report Q1, 2026 Results on May 11, 2026Kyntra Bio, Inc. announced that they will report Q1, 2026 results After-Market on May 11, 2026
お知らせ • Apr 28Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026Kyntra Bio, Inc., Annual General Meeting, Jun 12, 2026.
お知らせ • Apr 11Kyntra Bio, Inc. Receives Nasdaq Notice Of Non-Compliance With Continued Listing RequirementsOn April 2, 2026, Kyntra Bio, Inc. (Kyntra Bio or the Company) received a letter from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market notifying us that the Company no longer complies with the Nasdaq Global Select Market continued listing requirement of $50 million in total assets and total revenue for the most recently completed fiscal year (or two of the last three most recently completed fiscal years) per Listing Rule 5450(b)(3)(A). This is due to the revenue of FibroGen International being presented as held for sale (in discontinued operations) in 2024 and 2025. The Company does not currently meet the alternative requirements of Listing Rule 5450(b) (either the shareholders' equity or the market value of listed securities standards). The notification received has no immediate effect on the listing of Kyntra Bio's common stock on Nasdaq. Under the Nasdaq Rules, the Company has 45 days (May 18, 2026) to submit a plan to regain compliance and if such plan is accepted, Nasdaq may grant the Company with an extension of up to 180 days (September 29, 2026) to evidence compliance. Per Listing Rule 5810(c)(2)(D), the Company may submit a plan that demonstrates current or near term compliance with the listing requirements relating to stockholders' equity or market value of listed securities. In determining whether to accept our plan, Nasdaq will consider such things as the likelihood that the plan will result in compliance with Nasdaq's continued listing criteria, the Company's past compliance history, the reasons for the Company's current non-compliance, other corporate events that may occur within the review period, the Company's overall financial condition, and its public disclosures. Kyntra Bio may also consider applying to transfer the Company's securities to the Nasdaq Capital Market.
Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: US$14.40 loss per share (improved from US$38.26 loss in FY 2024). Net loss: US$58.2m (loss narrowed 62% from FY 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 20%.
お知らせ • Mar 09Kyntra Bio, Inc. to Report Q4, 2025 Results on Mar 16, 2026Kyntra Bio, Inc. announced that they will report Q4, 2025 results After-Market on Mar 16, 2026
New Risk • Feb 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$53m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$32.6m market cap).
お知らせ • Feb 24Kyntra Bio Announces Positive Data from the Investigator-Sponsored Phase 1B/2 Study of Fg-3246Kyntra Bio announced that the data on anti-tumor activity of FG-3246 in combination with enzalutamide in patients with metastatic castration-resistant prostate cancer (mCRPC) from the investigator-sponsored Phase 1b/2 study will be presented at the 2026 American Society of Clinical Oncology Genitourinary Cancers Symposium (ASCO GU), taking place February 26-28, 2026 in San Francisco, CA. The presentation includes data from 44 biomarker unselected patients with progressive metastatic castration-resistant prostate cancer, 17 of which were enrolled in the Phase 1b dose escalation portion of the study. Eligibility criteria for the trial included patients who progressed on at least one prior ARPI while patients who were treated with prior chemotherapy in the castration-resistant setting were excluded. Over 60% of the patients progressed on two or more prior ARPIs, which included prior enzalutamide treatment. The primary endpoint of the escalation phase was assessment of dose-limiting toxicities (DLT) and determination of the maximum tolerated dose and recommended dose for the Phase 2 portion of the study – which was determined to be 2.1 mg/kg of FG-3246 and 160 mg/day of enzalutamide. The primary endpoint of the Phase 2 expansion portion of the study was composite response rate (PSA50 response and/or objective response per RECIST v1.1). Secondary endpoints were PSA50 response rate, objective response rate, radiographic progression free survival (rPFS), overall survival, and treatment-related adverse events (TRAEs). FG-3246 combined with enzalutamide demonstrated anti-tumor activity with a composite response rate of 21% in the overall cohort and 40% in patients who had progressed on only one prior ARPI. Median rPFS of 7.0 months was observed in the overall cohort. Notably, median rPFS of 10.1 months was observed in patients who had progressed on only one prior ARPI, a result which was consistent across the different prior ARPIs administered. Additionally, higher tumor uptake of FG-3180 demonstrated a trend towards higher probability of PSA50 response (p=0.053), highlighting the potential of FG-3180 as a biomarker for patient selection. Combination therapy of FG-3246 and enzalutamide demonstrated a similar safety profile as was observed in the previous Phase 1 monotherapy trial of FG-3246. Neutropenia risk was successfully mitigated with use of G-CSF prophylaxis. The most frequent TRAEs with the combination therapy included fatigue, peripheral neuropathy, anorexia, and dysgeusia. Cumulative toxicities, including peripheral neuropathy, led to treatment discontinuation for some patients. FG-3246 is currently being evaluated in a Phase 2 monotherapy trial with interim data expected in the second half of 2026. The trial also includes treatment with FG-3180, a CD46-directed PET imaging agent, which will measure expression levels of CD46 positive lesions. This will enable further assessment of the correlation between CD46 expression and response to FG-3246 and the potential of FG-3180 to serve as a biomarker to aid in patient selection in future trials of FG-3246.
分析記事 • Dec 16Is FibroGen (NASDAQ:FGEN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$6.90m to US$6.75m. Losses expected to increase from US$4.17 per share to US$4.61. Biotechs industry in the US expected to see average net income decline 10% next year. Consensus price target of US$43.00 unchanged from last update. Share price fell 21% to US$8.69 over the past week.
Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: US$3.25 loss per share (improved from US$4.25 loss in 3Q 2024). Net loss: US$13.1m (loss narrowed 23% from 3Q 2024). Revenue missed analyst estimates by 34%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is expected to decline by 8.5% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 22%.
お知らせ • Nov 04FibroGen, Inc. to Report Q3, 2025 Results on Nov 10, 2025FibroGen, Inc. announced that they will report Q3, 2025 results After-Market on Nov 10, 2025
お知らせ • Sep 24FibroGen, Inc. Initiates Phase 2 Monotherapy Trial of FG-3246, a First-in-Class CD46 Targeting ADC, in Metastatic Castration-Resistant Prostate CancerFibroGen, Inc. announced the initiation of the Phase 2 monotherapy, dose-optimization trial of FG-3246, a potential first-in-class antibody-drug conjugate (ADC) targeting CD46-expressing cancer lesions in patients with metastatic castration-resistant prostate cancer (mCRPC). The trial will also assess the diagnostic and predictive performance of FG-3180, a companion PET imaging agent, which shares the same CD46-targeted antibody used in FG-3246. The Phase 2 monotherapy trial (NCT06842498) is a randomized, open label, dose optimization trial designed to evaluate the safety, efficacy, tolerability, and pharmacokinetics (PK) of FG-3246 for the treatment of patients with mCRPC who have progressed following ARSI treatment and who have not received chemotherapy for their mCRPC. Secondary endpoints include radiographic progression free survival (rPFS), prostate-specific antigen (PSA) 50 response, and PSA90 response. An interim analysis is planned once 12 patients enrolled in each of the three dose arms have completed 12 weeks on study or discontinued and is anticipated in the second half of 2026. An exploratory sub-study will evaluate FG-3180, a partner PET imaging agent, as a diagnostic radiopharmaceutical. All patients deemed eligible for participation in the Phase 2 trial will participate in the sub-study evaluating FG-3180 prior to randomization. In addition, topline results from the ongoing investigator-sponsored study of FG-3246 in combination with enzalutamide in patients with mCRPC are expected in the fourth quarter of 2025.
Major Estimate Revision • Aug 18Consensus revenue estimates fall by 30%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$9.85m to US$6.85m. Forecast losses increased from -US$3.50 to -US$4.17 per share. Biotechs industry in the US expected to see average net income decline 12% next year. Consensus price target of US$43.00 unchanged from last update. Share price rose 13% to US$9.50 over the past week.
Reported Earnings • Aug 13Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$3.39 loss per share (improved from US$11.79 loss in 2Q 2024). Net loss: US$13.7m (loss narrowed 71% from 2Q 2024). Revenue missed analyst estimates by 53%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 19%.
ナラティブ更新 • Aug 10Clinical Trials And Regulatory Advances Will Open US MarketsFollowing a sharp downward revision in expected revenue growth and a substantial rise in the forward P/E ratio, analyst sentiment on FibroGen has weakened, leading to a notable decrease in the consensus price target from $58.77 to $43.00. What's in the News FDA provided positive feedback supporting advancement of roxadustat for anemia in LR-MDS patients with high transfusion burden; Phase 3 trial protocol aligns with FDA recommendations and targets 200 patients.
お知らせ • Aug 07FibroGen Announces Positive Type C Meeting with the FDA for Roxadustat in Patients with Anemia Associated with Lower-Risk Myelodysplastic SyndromesFibroGen, Inc. announced positive feedback from its Type C meeting with the FDA, supporting the advancement of roxadustat for the treatment of anemia in patients with LR-MDS and high RBC transfusion burden, based on a post-hoc subgroup analysis from the MATTERHORN Phase 3 trial. FibroGen requested the Type C meeting based on the findings of a post-hoc analysis of data from the MATTERHORN trial of roxadustat in anemia-associated with LR-MDS. In patients with high RBC transfusion burden at baseline (4 units over 8 weeks1), a pronounced treatment effect was observed: 36% (8/22) of patients achieved transfusion independence (TI) for 56 days on roxadustat vs 7% (1/15) of patients on placebo within 28 weeks (nominal p-value of 0.041). The planned Phase 3 trial will assess the safety and efficacy of roxadustat In a randomized, double-blind, placebo-controlled design in approximately 200 patients with LR-MDS. Alignment was reached with the FDA on the patient population (patients requiring 4 pRBC units in two consecutive 8-week periods prior to randomization, who are refractory to, intolerant to, or ineligible for prior erythropoiesis-stimulating agents (ESA) therapy), dose regimen, as well as management of potential thrombotic risk through eligibility and dose modification and discontinuation criteria. As the primary endpoint for the study, the Company is considering either 8-week or 16-week RBC TI. FibroGen plans to submit the full Phase 3 protocol to the FDA in the fourth quarter of 2025.
お知らせ • Aug 05FibroGen, Inc. to Report Q2, 2025 Results on Aug 11, 2025FibroGen, Inc. announced that they will report Q2, 2025 results After-Market on Aug 11, 2025
New Risk • Jul 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$76m free cash flow). Negative equity (-US$175m). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$78m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$31.1m market cap).
Recent Insider Transactions • Jul 05Independent Chairman of the Board recently bought US$119k worth of stockOn the 30th of June, James Schoeneck bought around 24k shares on-market at roughly US$5.07 per share. This transaction increased James' direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of US$225k worth in shares.
お知らせ • Jun 10FibroGen, Inc. Announces the Appointment of Michael Kauffman to Its Board of Directors, Effective June 4, 2025FibroGen, Inc. announced the appointment of Dr. Michael Kauffman to its Board of Directors effective June 4, 2025. Michael G. Kauffman, M.D., Ph.D. has about 30 years of experience in the life sciences industry, particularly in oncology therapeutic products, including expertise in preclinical research, clinical development, regulatory strategy and global approvals. He currently serves as chief executive officer (CEO), president, and board member of Nereid Therapeutics Inc. and is the Lead Director on the board of Verastem Oncology. In addition to Verastem Oncology and Nereid, he is a board member for FoRx Therapeutics, Kezar Life Sciences, Incendia Therapeutics, and BiVictriX Therapeutics. Previously, Dr Kauffman served as the co-founder and CEO of Karyopharm, where he guided the Company's transition from a discovery stage biotechnology company to a commercial stage organization and the global approvals of XPOVIO®. Prior to joining Karyopharm, Dr Kauffman was CMO of Onyx Pharma, where he led the development of Kyprolis® following the Onyx acquisition of Proteolix Inc., where he served as board member and then CMO. Previously, Dr. Kauffman was President and Chief Executive officer of EPIX Pharmaceuticals, Inc. (previously Predix Pharmaceuticals, Inc.). Before that, he was the leader of the Velcade® development program at Millennium Pharmaceuticals and has also held a number of senior positions at Millennium Predictive Medicine and Biogen. Dr Kauffman received his MD and PhD from Johns Hopkins Medical School, trained in Internal Medicine at Beth Israel (Deaconess) Medical Center and in Rheumatology at Massachusetts General Hospital, and is board certified in Internal Medicine.
Reported Earnings • May 14First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: US$0.17 loss per share (improved from US$0.33 loss in 1Q 2024). Net loss: US$16.8m (loss narrowed 49% from 1Q 2024). Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US.
お知らせ • May 06FibroGen, Inc. to Report Q1, 2025 Results on May 12, 2025FibroGen, Inc. announced that they will report Q1, 2025 results After-Market on May 12, 2025
お知らせ • Apr 19FibroGen, Inc., Annual General Meeting, Jun 04, 2025FibroGen, Inc., Annual General Meeting, Jun 04, 2025.
新しいナラティブ • Apr 10Simplifying Operations And Advancing FG-3246 Will Secure Future Success Strategic cost reductions and the sale of FibroGen China enhance financial stability, extending cash runway and potentially boosting overall financial performance.
分析記事 • Apr 08Investors Don't See Light At End Of FibroGen, Inc.'s (NASDAQ:FGEN) Tunnel And Push Stock Down 26%To the annoyance of some shareholders, FibroGen, Inc. ( NASDAQ:FGEN ) shares are down a considerable 26% in the last...
お知らせ • Mar 28Fibrogen, Inc. Announces Publication of Results from Phase 1 Monotherapy Study of Fg-3246 in Patients with Metastatic Castration-Resistant Prostate Cancer in the Journal of Clinical OncologyFibroGen, Inc. announced the peer-reviewed publication titled "A Phase 1, First-in-Human Study of FOR46 (FG-3246), an Immune-Modulating Antibody-Drug Conjugate Targeting CD46, in Patients with Metastatic Castration Resistant Prostate Cancer" in the Journal of Clinical Oncology. The manuscript includes the complete results from the Fortis Therapeutics-sponsored Phase 1 study of FOR46 (now known as FG-3246), a potential first-in-class anti-CD46 antibody drug conjugate (ADC) with an MMAE-containing payload, in patients with metastatic castration-resistant prostate cancer (mCRPC). This is the first clinical trial targeting CD46 in patients with prostate cancer, and the totality of the data highlights the promising potential of FG-3246 anti-cancer activity, especially when considering the unselected, heavily pre-treated patient population in the trial. The trial results provide key insights into the potential clinical impact of targeting CD46 in the treatment of mCRPC and support its further development in this disease space with high unmet need," said Dr. Rahul Aggarwal, Professor of Medicine at the University of California San Francisco, and Principal Investigator of the study. Ocular adverse events were infrequent, which may be a distinguishing feature compared with other MMAE-based ADCs. Efficacy observed in the RECIST-evaluable set of 25 patients: Confirmed objective response rate was 20% with median duration of response of 7.5 months; All objective responses observed at a starting dose of 2.7 mg/kg or higher; Disease control rate was 80% with duration of treatment exceeding 24 weeks in 12 patients (48%) PSA50 response rate of 36% in 39 evaluable patients; Of eight evaluable patients who received docetaxel in the castration-sensitive setting, four (50%) achieved a confirmed PSA50 response; Median radiographic progression-free survival of 8.7 months in all 40 subjects in the efficacy analysis set; Of 15 evaluable baseline tumors, 12 (80%) were positive for CD46 expression by immunohistochemistry; FG-3246 responders were found to have a significantly higher frequency of effector T cells and lower frequency of immunosuppressive myeloid cells. The Company anticipates initiating the Phase 2 monotherapy dose optimization study of FG-3246 in patients with mCRPC by mid-2025. FG-3246 is also being evaluated in combination with enzalutamide in an investigator-sponsored study with topline results from the Phase 2 portion of the study anticipated in 2H 2025.
Recent Insider Transactions • Mar 25Independent Chairman of the Board recently bought US$105k worth of stockOn the 21st of March, James Schoeneck bought around 300k shares on-market at roughly US$0.35 per share. This transaction increased James' direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.
Major Estimate Revision • Mar 24Consensus revenue estimates decrease by 42%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$166.2m to US$96.7m. EPS estimate unchanged from -US$0.53 per share at last update. Biotechs industry in the US expected to see average net income decline 13% next year. Consensus price target of US$10.00 unchanged from last update. Share price fell 29% to US$0.32 over the past week.
Reported Earnings • Mar 18Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: US$1.53 loss per share (improved from US$3.32 loss in FY 2023). Revenue: US$29.6m (down 37% from FY 2023). Net loss: US$153.1m (loss narrowed 53% from FY 2023). Products in clinical trials Phase I: 1 Phase II: 1 Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in the US.
お知らせ • Mar 04FibroGen, Inc. to Report Q4, 2024 Results on Mar 17, 2025FibroGen, Inc. announced that they will report Q4, 2024 results After-Market on Mar 17, 2025
お知らせ • Feb 25FibroGen, Inc. has filed a Follow-on Equity Offering in the amount of $30 million.FibroGen, Inc. has filed a Follow-on Equity Offering in the amount of $30 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
お知らせ • Feb 22FibroGen, Inc. Announces Cessation of Christine L. Chung as Senior Vice President, China OperationsFibroGen, Inc. announced that upon the closing of the sale of FibroGen International pursuant to the Share Purchase Agreement, Christine L. Chung, who currently serves as Senior Vice President, China Operations, will cease employment with company.
分析記事 • Feb 21There's No Escaping FibroGen, Inc.'s (NASDAQ:FGEN) Muted Revenues Despite A 46% Share Price RiseDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 46% in the...
New Risk • Feb 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$126m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$202m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$63m net loss in 3 years). Market cap is less than US$100m (US$56.6m market cap).
お知らせ • Feb 20AstraZeneca PLC (LSE:AZN) agreed to acquire Beijing Fibrogen Medical Technology Development Co., Ltd. from FibroGen, Inc. (NasdaqGS:FGEN).AstraZeneca PLC (LSE:AZN) agreed to acquire Beijing Fibrogen Medical Technology Development Co., Ltd. from FibroGen, Inc. (NasdaqGS:FGEN) on February 20, 2025. Under the terms of the agreement, FibroGen will receive an enterprise value of $85 million plus FibroGen net cash held in China at closing, currently estimated to be approximately $75 million, totaling approximately $160 million. The transaction is expected to close by mid-2025, pending customary closing conditions, including regulatory review in China. BofA Securities, Inc. acted as financial advisor for FibroGen, Inc. Ropes & Gray LLP acted as legal advisor for FibroGen, Inc.
分析記事 • Dec 25There's No Escaping FibroGen, Inc.'s (NASDAQ:FGEN) Muted Revenues Despite A 26% Share Price RiseDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 26% in the...
お知らせ • Dec 16FibroGen, Inc. Appoints David DeLucia as Chief Financial OfficerFibroGen, Inc. announced the appointment of David DeLucia to Chief Financial Officer (CFO), effective December 16, 2024. The company previously announced that Juan Graham would step down on December 15, 2024. Reporting to Chief Executive Officer Thane Wettig, DeLucia will lead and oversee FibroGen’s global finance organization. He has most recently served as FibroGen’s Vice President, Head of Corporate Financial Planning and Analysis, Investor Relations, and Treasury. Mr. DeLucia has nearly 15 years of financial leadership and experience within the life sciences industry. Prior to joining FibroGen in 2022, he held positions of increasing responsibility at TherapeuticsMD, overseeing Financial Planning and Analysis, Corporate Development, and Investor Relations. Earlier in his career, he was a buy-side investor at JP Morgan Asset Management, covering small and mid-cap healthcare companies. Mr. DeLucia holds the Chartered Financial Analyst® designation and a dual degree of Bachelor of Business Administration in Finance & Accounting and Bachelor of Science in Economics from the University of Michigan - Stephen M. Ross School of Business.
Reported Earnings • Nov 14Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: US$0.17 loss per share (improved from US$0.65 loss in 3Q 2023). Revenue: US$46.3m (up 15% from 3Q 2023). Net loss: US$17.1m (loss narrowed 73% from 3Q 2023). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 22%.
お知らせ • Nov 05FibroGen, Inc. to Report Q3, 2024 Results on Nov 12, 2024FibroGen, Inc. announced that they will report Q3, 2024 results After-Market on Nov 12, 2024
分析記事 • Oct 29Little Excitement Around FibroGen, Inc.'s (NASDAQ:FGEN) Revenues As Shares Take 26% PoundingTo the annoyance of some shareholders, FibroGen, Inc. ( NASDAQ:FGEN ) shares are down a considerable 26% in the last...
お知らせ • Sep 17FibroGen Receives Nasdaq Notification of Non-Compliance with Minimum Bid Price RequirementOn September 12, 2024, FibroGen, Inc. (‘FibroGen’) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market notifying FibroGen that for 30 consecutive business days the bid price of FibroGen’s common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq listing rule 5450(a)(1). The notification received has no immediate effect on the listing of FibroGen’s common stock on Nasdaq. In accordance with listing rule 5810(c)(3)(A), FibroGen has 180 calendar days, or until March 11, 2025, to regain compliance with the minimum bid price rule. To regain compliance, the closing bid price of FibroGen’s common stock must be at least $1.00 per share for a minimum of ten consecutive business days (or such longer period of time as the Nasdaq staff may require in some circumstances, but generally not more than 20 consecutive business days) before March 11, 2025. If FibroGen’s common stock does not achieve compliance by March 11, 2025, FibroGen may be eligible for an additional 180-day period to regain compliance if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and provides written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that FibroGen will not be able to cure the deficiency, or if FibroGen does not meet the other listing standards, Nasdaq could provide notice that FibroGen’s common stock will become subject to delisting. In the event FibroGen receives notice that its common stock is being delisted, Nasdaq rules permit FibroGen to appeal any delisting determination by the Nasdaq staff to a Hearings Panel. FibroGen currently meets the continued listing requirement for market value of publicly held shares and all other initial listing standards of The Nasdaq Stock Market, with the exception of the bid price requirement. FibroGen intends to actively monitor the closing bid price of its common stock between now and March 11, 2025, and will evaluate available options to resolve the deficiency and regain compliance with the minimum bid price rule.
分析記事 • Aug 19The Market Doesn't Like What It Sees From FibroGen, Inc.'s (NASDAQ:FGEN) Revenues Yet As Shares Tumble 65%FibroGen, Inc. ( NASDAQ:FGEN ) shareholders that were waiting for something to happen have been dealt a blow with a 65...
New Risk • Aug 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$203m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-US$190m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$84m net loss in 2 years). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (US$46.2m market cap).
Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: US$0.16 loss per share (improved from US$0.90 loss in 2Q 2023). Revenue: US$50.6m (up 14% from 2Q 2023). Net loss: US$15.5m (loss narrowed 82% from 2Q 2023). Revenue exceeded analyst estimates by 46%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Revenue is expected to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Biotechs industry in the US are expected to grow by 18%.
お知らせ • Aug 01FibroGen, Inc. Announces Topline Results from Two Late-Stage Pamrevlumab Pancreatic Cancer StudiesFibroGen, Inc. announced topline results from two late-stage trials evaluating the efficacy and safety of pamrevlumab in patients with pancreatic cancer. The pamrevlumab experimental arm in PanCAN’s Precision Promise Phase 2/3 adaptive platform trial compared treatment with pamrevlumab combined with gemcitabine + nab-paclitaxel to gemcitabine + nab-paclitaxel alone for treatment in first line (1L) and second line (2L) patients with metastatic pancreatic ductal adenocarcinoma (mPDAC). The pamrevlumab arm of the study did not meet the primary endpoint of overall survival as determined by the protocol pre-specified Bayesian statistical analysis. The Phase 3 LAPIS trial compared treatment with pamrevlumab combined with gemcitabine + nab-paclitaxel or FOLFIRINOX to placebo combined with gemcitabine + nab-paclitaxel or FOLFIRINOX for the treatment of locally advanced, unresectable pancreatic cancer (LAPC). The study did not meet the primary endpoint of overall survival. Based upon the results of the late-stage pamrevlumab trials in pancreatic cancer, the company plans to implement an immediate and significant cost reduction plan in the U.S. The pamrevlumab development program will be terminated and the Company plans to expeditiously wind down any remaining pamrevlumab obligations. As a result of the cost reduction plan, headcount in the U.S. will be reduced by approximately 75%. PanCAN’s Precision Promise Pamrevlumab Arm Efficacy Results: Given both 1L and 2L pamrevlumab treatment groups graduated into Stage 2 of PanCAN’s Precision Promise study, the hazard ratio for the primary overall survival (OS) analysis assumed a common hazard ratio to estimate a single treatment effect for both 1L and 2L pamrevlumab patients combined compared to patients treated with gemcitabine + nab-paclitaxel. In addition, the pre-specified Bayesian model utilized a hierarchical model that included the borrowing of data from the mFOLFIRINOX control arm to the gemcitabine + nab-paclitaxel control arm for the primary efficacy analysis. The pre-specified primary efficacy analysis was performed in a modified intention-to-treat (mITT) population that included only subjects who initiated treatment. The mITT population in the pamrevlumab arm was comprised of a total of 102 patients in the 1L treatment group and 111 patients in the 2L treatment group and the gemcitabine + nab-paclitaxel control arm was comprised of a total of 34 patients in the 1L treatment group and 36 patients in the 2L treatment group. LAPIS Efficacy Results: The study did not meet the primary endpoint of overall survival (stratified log-rank p-value=0.55). Median overall survival of 17.3 months was observed in the pamrevlumab combined with gemcitabine + nab-paclitaxel or FOLFIRINOX arm compared to median overall survival of 17.9 months in the control arm of placebo combined with gemcitabine + nab-paclitaxel or FOLFIRINOX (HR: 1.08; 95% CI – 0.83 to 1.41). Pamrevlumab Safety Results (Precision Promise and LAPIS): The preliminary safety analyses across both studies indicate that the safety profile of pamrevlumab combined with gemcitabine + nab-paclitaxel or FOLFIRINOX was generally well tolerated with an acceptable safety profile in pancreatic cancer patients. No clinically meaningful differences in treatment emergent adverse events were seen between the treatment arms.
Major Estimate Revision • Aug 01Consensus estimates of losses per share improve by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from US$150.4m to US$153.5m. EPS estimate increased from -US$1.55 per share to -US$1.29 per share. Biotechs industry in the US expected to see average net income decline 9.9% next year. Consensus price target down from US$1.75 to US$1.05. Share price fell 56% to US$0.54 over the past week.
お知らせ • Jul 31FibroGen, Inc. to Report Q2, 2024 Results on Aug 06, 2024FibroGen, Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024
分析記事 • Jul 04Little Excitement Around FibroGen, Inc.'s (NASDAQ:FGEN) Revenues As Shares Take 44% PoundingTo the annoyance of some shareholders, FibroGen, Inc. ( NASDAQ:FGEN ) shares are down a considerable 44% in the last...
お知らせ • Jul 03FibroGen, Inc.(NasdaqGS:FGEN) dropped from Russell 3000 IndexFibroGen, Inc.(NasdaqGS:FGEN) dropped from Russell 3000 Index
Seeking Alpha • Jun 06FibroGen: Two New In-Licensed Oncology Drugs To Carry It ForwardSummary FibroGen, Inc. top-line data from the phase 2/3 PanCAN Precision Promise study, using pamrevlumab for the treatment of patients with metastatic pancreatic cancer, expected mid-2024. Topline data from the phase 3 LAPIS study, using pamrevlumab for the treatment of patients with locally advanced unresectable pancreatic cancer, expected Q3 of 2024. Initiation of phase 2 monotherapy dose optimization study of FG-3246 for the treatment of patients with metastatic castration-resistant prostate cancer, expected 2nd half of 2024. The global prostate cancer market size is expected to reach $27.51 billion by 2032. FG-3175 is an anti-CCR8 inhibitor drug and FG-3165 is an anti-Gal-9 inhibitor; Both drugs are being developed both alone as a monotherapy or as part of a combination with Libtayo for the treatment of patients with solid tumors. Read the full article on Seeking Alpha
お知らせ • Jun 05FibroGen, Inc. Announces FDA Clearance of Investigational New Drug Application for FG-3165, A Galectin-9 Targeting Monoclonal Antibody, for the Treatment of Patients with Solid TumorsFibroGen, Inc. announced that the U.S. Food and Drug Administration has cleared the Company’s Investigational New Drug (IND) of FG-3165, a galectin-9 (Gal9) targeted monoclonal antibody under development for treatment of solid tumors characterized by high Gal9 levels of expression. The FDA IND clearance enables FibroGen to initiate a Phase 1 clinical trial evaluating the safety and efficacy of FG-3165 in patients with select solid tumors. The trial is anticipated to begin enrollment in the second half of 2024. FG-3165 is a galectin-9 (“Gal9”) targeted antibody under development for treatment of solid tumors and potentially hematologic malignancies characterized by high Gal9 levels of expression. Gal9 has been reported to signal through multiple immune checkpoints on lymphocytes, including TIM3, VISTA, and PD-1, suppressing T and natural killer cell activation. FG-3165 selectively binds to Gal9 with high affinity and inhibits its ability to induce lymphocyte cell death, resulting in enhanced tumor cell killing. Toxicology material as well as GMP material for the upcoming Phase 1 clinical trial was manufactured in partnership with Just-Evotec Biologics.
Seeking Alpha • May 28Pamrevlumab And Roxadustat: Evaluating FibroGen's Future Amid Financial StrainsSummary FibroGen focuses on developing Pamrevlumab for pancreatic cancer therapy after disappointing trial results for other indications. If successful, Pamrevlumab’s phase 3 trials in pancreatic cancer could be a major value driver. Roxadustat has already been approved for anemia in chronic kidney disease and is in phase 3 for chemotherapy-induced anemia. FibroGen's financials show signs of deterioration and structural unprofitability, raising concerns about its prospects. Despite financial concerns and R&D issues, the stock trades at a significant discount relative to peers, justifying a "hold" rating. Read the full article on Seeking Alpha
お知らせ • May 24FibroGen Announces Presentation of Positive Interim Data from the Phase 1b Study of FG-3246 (FOR46) in Combination with Enzalutamide in Patients with Metastatic Castration Resistant Prostate Cancer at the 2024 American Society of Clinical Oncology Annual MeetingFibroGen, Inc. announced positive interim results from the dose escalation portion of the investigator-sponsored Phase 1b/2 study conducted by the University of California San Francisco of FG-3246 (FOR46), a potential first-in-class anti-CD46 antibody drug conjugate (ADC) with a MMAE-containing payload, in combination with enzalutamide in patients with metastatic castration resistant prostate cancer (mCRPC) at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting. The presentation includes data from 17 biomarker unselected patients in the dose escalation portion of the trial. Eligibility criteria for the trial included patients who received at least one prior androgen receptor signaling inhibitor (ARSI) while patients who were treated with prior chemotherapy in the castration resistant setting were excluded. Over 70% of the patients in the study received at least two prior ARSIs, which included prior enzalutamide treatment. Dose escalation was explored with and without prophylactic granulocyte colony-stimulating factor (G-CSF) support. The primary endpoint was determination of the maximally tolerated dose (MTD) of FG-3246 in combination with enzalutamide. The combination treatment demonstrated an encouraging preliminary estimate of median radiographic progression free survival (rPFS) of 10.2 months. The MTD was established at 2.1 mg/kg ABW, with primary G-CSF prophylaxis, in combination with enzalutamide 160 mg/day. The most frequent adverse events were consistent with other MMAE-based ADCs and included fatigue, weight loss, elevated transaminases, neutropenia, and peripheral neuropathy. Additionally, a baseline CD46-directed PET imaging probe utilizing the same antibody backbone as FG-3246 (89Zr-DFO-YS5) was obtained in a subset of patients and demonstrated tumor uptake in multiple lesions. This Phase 1b/2 study is an investigator-sponsored trial being conducted at the University of California San Francisco to evaluate FG-3246 (FOR46) in combination with enzalutamide in patients with metastatic castration resistant prostate cancer (mCRPC) after prior progression on at least one androgen receptor signaling inhibitor. The primary objective for the Phase 1b portion of the study is to determine the maximally tolerated dose (MTD) and recommended Phase 2 dose of FG-3246 in combination with enzalutamide in patients with mCRPC. The objectives of the Phase 2 portion of the study are to determine the composite response rate (CRR), proportion of participants with a greater than or equal to 50% change in prostate specific antigen (PSA50), objective response rate (ORR), median duration of response, median radiographic progression free survival (rPFS), and median overall survival (OS) of patients treated with FG-3246 in combination with enzalutamide.
Reported Earnings • May 07First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: US$0.33 loss per share (improved from US$0.81 loss in 1Q 2023). Revenue: US$55.9m (up 55% from 1Q 2023). Net loss: US$32.9m (loss narrowed 57% from 1Q 2023). Revenue exceeded analyst estimates by 53%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.
分析記事 • May 07Benign Growth For FibroGen, Inc. (NASDAQ:FGEN) Underpins Stock's 28% PlummetUnfortunately for some shareholders, the FibroGen, Inc. ( NASDAQ:FGEN ) share price has dived 28% in the last thirty...
お知らせ • May 01FibroGen, Inc. to Report Q1, 2024 Results on May 06, 2024FibroGen, Inc. announced that they will report Q1, 2024 results After-Market on May 06, 2024
お知らせ • Apr 26+ 1 more updateFibroGen, Inc. to Present Clinical Data from Dose Escalation Phase 1B Study of FG-3246 (FOR46) in Combination with Enzalutamide in Patients with Metastatic Castration Resistant Prostate Cancer at 2024 American Society of Clinical Oncology Annual MeetingFibroGen, Inc. announced that clinical data from the dose escalation portion of the Phase 1b/2 study of FG-3246 in combination with enzalutamide in patients with metastatic castration resistant prostate cancer have been selected for a poster presentation at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting taking place May 31-June 4, 2024 in Chicago, Illinois. FG-3246 (also known as FOR46) is a potential first-in-class fully human antibody-drug conjugate (ADC), exclusively in-licensed from Fortis Therapeutics, and is being developed by FibroGen for metastatic castration-resistant prostate cancer and other tumor types. FG-3246 binds to a tumor-specific epitope of CD46, a cell receptor target, that induces internalization upon antibody binding, is present at high levels in prostate cancer and other tumor types, and demonstrates limited expression in most normal tissues. FG-3246 is comprised of an anti-CD46 antibody, YS5, linked to the anti-mitotic agent, MMAE, which is a clinically and commercially validated ADC payload. FG-3246 has demonstrated anti-tumor activity in both preclinical and clinical studies. FG-3246 is currently in an ongoing investigator-initiated Phase 1b/2 study being conducted at UCSF to evaluate it in combination with enzalutamide with initial data expected in mid-2024, and a biomarker trial using a PET biomarker for CD46 using the same antibody backbone. The company anticipates the initiation of a Phase 2 monotherapy dose optimization study of FG-3246 in metastatic castration-resistant prostate cancer in 2H 2024. FG-3246 is an investigational drug and not approved for marketing by any regulatory authority.
お知らせ • Apr 17Hangzhou Andao Pharmaceutical Ltd. and Kind Pharmaceuticals Announce Settlement with FibroGen, IncHangzhou Andao Pharmaceutical Ltd. and Kind Pharmaceuticals LLC, together with its Chief Executive Officer Dr. Dong Liu and Chief Scientific Officer Dr. Shaojiang Deng, announced a resolution of their recent dispute with FibroGen, Inc. regarding Kind Pharmaceuticals' hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF- PHI) technology. The parties have agreed to withdraw all pending legal proceedings between them regarding this HIF-PHI technology, without payment by either party. HIF-PHIs are a class of compounds that can be used to treat anemia. Kind Pharmaceuticals' HIF-PHI drug candidate, AND017, is currently being studied in a clinical trial for the treatment of anemia in chronic kidney disease (CKD) patients. As a result of the settlement, Kind Pharmaceuticals remains free to develop AND017 and other HIF-PHIs in its pipeline.
お知らせ • Apr 03Fibrogen Announces Topline Results from Phase 1 Monotherapy Study of FG-3246 in Patients with Metastatic Castration-Resistant Prostate CancerFibroGen, Inc. announced topline data from the Fortis Therapeutics-sponsored Phase 1 study of FG-3246 (also known as FOR46), a potential first-in-class anti-CD46 antibody drug conjugate (ADC) with an MMAE-containing payload, in a dose-escalation and dose-expansion trial enrolling patients with metastatic castration-resistant prostate cancer (mCRPC) whose tumors have progressed on at least one androgen receptor-signaling inhibitor (ARSI). In the Phase 1 dose-escalation portion of the study, ascending dose levels of FG-3246 were administered every 3 weeks. In the dose-expansion arm of the trial, patients were treated at the 2.7 mg/kg adjusted body weight dosing (AjBW) until disease progression. The endpoints were safety, tolerability, and anti-tumor activity as measured by the decline of prostate-specific antigen (PSA) from baseline, objective tumor response rate in patients with measurable disease, and radiographic progression free survival (rPFS). The completed Phase 1 trial includes a total of 56 patients from the dose-escalation and dose-expansion cohorts. The efficacy analysis includes patients who received a starting dose of FG-3246 of = 1.2 mg/kg in the dose-escalation cohort, and patients who received 2.7 mg/kg AjBW with a histologic diagnosis of adenocarcinoma in the dose-expansion cohort. Patients were heavily pre-treated, having received a median of 5 lines of therapy prior to receiving FG-3246. In the efficacy analysis, PSA reductions of = 50% were observed in 36% of PSA evaluable patients. For RECIST evaluable patients, 20% met the criteria of a partial response, or tumor reduction in size of = 30%, with a median duration of response of 7.5 months. The median rPFS in this heavily pre-treated patient population was 8.7 months. The most frequent adverse events were consistent with other MMAE-based ADCs and included infusion related reactions, fatigue, weight loss, neutropenia, and peripheral neuropathy. Earlier data from the FOR46-001 trial had been presented at the American Society for Clinical Oncology (ASCO) 2022 annual meeting1, and complete results from the study are being submitted to a medical journal for publication in 2024.
分析記事 • Mar 22FibroGen, Inc.'s (NASDAQ:FGEN) Share Price Boosted 35% But Its Business Prospects Need A Lift TooDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 35% in the...
Recent Insider Transactions • Mar 13CEO & Director recently bought US$95k worth of stockOn the 7th of March, Thane Wettig bought around 50k shares on-market at roughly US$1.91 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Thane has been a buyer over the last 12 months, purchasing a net total of US$36k worth in shares.
お知らせ • Mar 11FibroGen Appoints Deyaa Adib as Senior Vice President and Chief Medical OfficerFibroGen, Inc. announced the appointment of Deyaa Adib, M.D., an executive leader with almost three decades of oncology development experience, as Senior Vice President & Chief Medical Officer to oversee all global clinical development activities. The appointment is effective March 11, 2024. Dr. Adib, a seasoned industry leader, has over 27 years of medical oncology experience in the biotechnology and pharmaceutical industries, including seven successful registrations across solid tumor and hematologic malignancy indications. Prior to joining FibroGen, he was the Chief Medical Officer of Triumvira Immunologics Inc. where he led the transition of two novel cell therapy programs into clinical development. He previously served as Acting Chief Medical Officer at Rain Therapeutics, and as Vice President of late-stage development at Blueprint Medicines, where he led the development of avapritinib which is currently approved for gastrointestinal stromal tumors and advanced systemic mastocytosis. Dr. Adib also served as Global Therapeutics Head for solid tumors at Baxalta, in-licensing and advancing the development of nanoliposomal irinotecan that was subsequently approved globally for pancreatic cancer, establishing a new standard of care in the second line metastatic setting. He also served as Head of Hematologic Malignancies at ARIAD Pharmaceuticals, leading the global clinical program for ponatinib in chronic myeloid leukemia. Earlier in his career, Dr. Adib held multiple oncology clinical development leadership positions at Aventis, Sanofi and Astellas Pharma, advancing the development of Taxotere in prostate cancer, breast cancer and gastric cancer, oxaliplatin in colorectal cancer and notably enzalutamide, which led to a treatment paradigm shift in prostate cancer. He has served as a scientific advisory board member for multiple biotech companies and provided strategic consulting support to several cell therapy startups. Dr. Adib obtained an M.B., B.Ch. degree from Cairo University School of Medicine in Cairo, Egypt. He completed his postgraduate medical oncology training at the Anglo-American Cancer Institute in Cairo and additionally at Tufts University School of Medicine, Boston, MA, in clinical pharmacology, drug development and regulation.
Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$2.92 loss per share (improved from US$3.14 loss in FY 2022). Revenue: US$147.8m (up 5.0% from FY 2022). Net loss: US$284.2m (loss narrowed 3.2% from FY 2022). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 62% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 21FibroGen, Inc. to Report Q4, 2023 Results on Feb 26, 2024FibroGen, Inc. announced that they will report Q4, 2023 results After-Market on Feb 26, 2024
分析記事 • Feb 05There's No Escaping FibroGen, Inc.'s (NASDAQ:FGEN) Muted Revenues Despite A 148% Share Price RiseDespite an already strong run, FibroGen, Inc. ( NASDAQ:FGEN ) shares have been powering on, with a gain of 148% in the...
New Risk • Feb 03New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$352m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$352m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Negative equity (-US$115m). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$140m net loss next year). Shareholders have been diluted in the past year (4.7% increase in shares outstanding).
お知らせ • Jan 25FibroGen, Inc. Announces Completion of the Pamrevlumab Arm in Precision Promise, Pancreatic Cancer Action Network’s Phase 2/3 Adaptive Platform Trial for Metastatic Pancreatic CancerFibroGen, Inc. announced graduation and completion of the pamrevlumab experimental arm in the Pancreatic Cancer Action Network's (PanCAN) Precision PromiseSM Phase 2/3 adaptive platform trial, which evaluates pamrevlumab in combination with the chemotherapy treatments gemcitabine and nab-paclitaxel for patients with metastatic pancreatic ductal adenocarcinoma (mPDAC). Topline data from this registration study is anticipated in the second quarter of 2024. Pamrevlumab, in Stage 1 of the trial, achieved a protocol pre-specified = 35% predictive probability of success for the primary endpoint of overall survival at the completion of the trial, and thus graduated to the second and final Stage of the trial in the third quarter of 2022. Pamrevlumab is the first experimental arm to meet its required threshold for graduation to Stage 2 in the adaptive platform trial. The pamrevlumab arm of the study completed Stage 2 of the trial in January 2024. PanCAN’s Precision PromiseSM adaptive platform trial (NCT04229004) is a U.S.-based, seamless Phase 2/3 study that enrolled patients in approximately 24 sites around the country. The multi-arm study consists of experimental treatment arms and two comparator arms: gemcitabine + nab-paclitaxel and mFOLFIRINOX. The pamrevlumab experimental arm was offered to patients with mPDAC as either a first-line (1L) or second-line (2L) treatment option. In the initial stage of the study (Stage 1), at least 100 patients with mPDAC received pamrevlumab in combination with gemcitabine and nab-paclitaxel. Guided by Bayesian principles, the graduation threshold for pamrevlumab was a protocol pre-specified = 35% predictive probability of success for the primary endpoint of overall survival at the completion of the trial. Upon graduation, an additional 75 patients with mPDAC were enrolled (Stage 2), receiving the same pamrevlumab treatment regimen as in Stage 1. All patients are dosed until disease progression and the final analysis is based upon the data collected up to 12 months after the last patient initiates treatment in Stage 2. The combined Stage 1 and Stage 2 data will form the basis for analysis of the primary and secondary endpoints for the pamrevlumab arm. Secondary endpoints include progression-free survival (PFS), objective response rate (ORR), and duration of response (DOR), offering a comprehensive understanding of the treatment's impact. Biomarker-related data, including genomics data, have been collected to provide additional insights into the trial's outcomes. Precision PromiseSM is a registration study and the statistical design has been discussed by PanCAN with the FDA. The statistical design of Precision PromiseSM is led by renowned statistician Dr. Donald Berry of Berry Consulting.
分析記事 • Dec 22FibroGen, Inc. (NASDAQ:FGEN) Held Back By Insufficient Growth Even After Shares Climb 42%FibroGen, Inc. ( NASDAQ:FGEN ) shareholders are no doubt pleased to see that the share price has bounced 42% in the...
Buying Opportunity • Dec 20Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be US$0.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.5% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings is also forecast to grow by 46% per annum over the same time period.
分析記事 • Nov 24A Look At The Intrinsic Value Of FibroGen, Inc. (NASDAQ:FGEN)Key Insights The projected fair value for FibroGen is US$0.41 based on 2 Stage Free Cash Flow to Equity FibroGen's...
Buying Opportunity • Nov 09Now 30% undervalued after recent price dropOver the last 90 days, the stock is down 67%. The fair value is estimated to be US$0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.5% over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 48% per annum over the same time period.
New Risk • Nov 07New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$352m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$115m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$352m). Currently unprofitable and not forecast to become profitable over next 3 years (US$61m net loss in 3 years). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Market cap is less than US$100m (US$54.9m market cap).
Reported Earnings • Nov 07Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: US$0.65 loss per share (improved from US$0.98 loss in 3Q 2022). Revenue: US$40.1m (up 155% from 3Q 2022). Net loss: US$63.6m (loss narrowed 31% from 3Q 2022). Revenue exceeded analyst estimates by 8.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Biotechs industry in the US.
お知らせ • Oct 29FibroGen, Inc. Receives Non-Compliance Letter from Nasdaq Related to Minimum Bid PriceOn October 24, 2023, FibroGen, Inc. (FibroGen) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market notifying FibroGen that for the last 30 consecutive business days the bid price of FibroGens common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq listing rule 5450(a)(1). The notification received has no immediate effect on the listing of FibroGens common stock on Nasdaq. In accordance with listing rule 5810(c)(3)(A), FibroGen has 180 calendar days, or until April 22, 2024, to regain compliance with the minimum bid price rule. To regain compliance, the closing bid price of FibroGens common stock must be at least $1.00 per share for a minimum of ten consecutive business days (or such longer period of time as the Nasdaq staff may require in some circumstances, but generally not more than 20 consecutive business days) before April 22, 2024. If FibroGens common stock does not achieve compliance by April 22, 2024, FibroGen may be eligible for an additional 180-day period to regain compliance if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and provides written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that FibroGen will not be able to cure the deficiency, or if FibroGen does not meet the other listing standards, Nasdaq could provide notice that FibroGens common stock will become subject to delisting. In the event FibroGen receives notice that its common stock is being delisted, Nasdaq rules permit FibroGen to appeal any delisting determination by the Nasdaq staff to a Hearings Panel. FibroGen currently meets the continued listing requirement for market value of publicly held shares and all other initial listing standards of The Nasdaq Stock Market, with the exception of the bid price requirement. FibroGen intends to actively monitor the closing bid price of its common stock between now and April 22, 2024, and will evaluate available options to resolve the deficiency and regain compliance with the minimum bid price rule.
お知らせ • Oct 24FibroGen, Inc. to Report Q3, 2023 Results on Nov 06, 2023FibroGen, Inc. announced that they will report Q3, 2023 results After-Market on Nov 06, 2023
Price Target Changed • Oct 12Price target decreased by 17% to US$10.38Down from US$12.50, the current price target is an average from 4 analysts. New target price is 1,573% above last closing price of US$0.62. Stock is down 96% over the past year. The company is forecast to post a net loss per share of US$2.77 next year compared to a net loss per share of US$3.14 last year.
お知らせ • Oct 07+ 1 more updateFibroGen, Inc. Appoints Thane Wettig as Chief Executive OfficerOn October 2, 2023, the Board of Directors of FibroGen, Inc. appointed Interim Chief Executive Officer Thane Wettig as Chief Executive Officer. Mr. Wettig held the position of Interim Chief Executive Officer since July 23, 2023.
お知らせ • Sep 08Mark Eisner Resigns as Chief Medical Officer of Fibrogen, Inc., Effective September 8, 2023On August 31, 2023, Mark Eisner, M.D. resigned from his position as Chief Medical Officer of FibroGen, Inc., effective September 8, 2023, to pursue other opportunities. Dr. Eisner will continue as an employee through the effective date of his resignation, after which time, he will serve the company as a consultant under a consulting agreement (the ‘Consulting Agreement’) to provide transition services. The company has commenced a search for a new Chief Medical Officer.
Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Independent Director Ben Cravatt was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 31Fibrogen, Inc. Announces Topline Results from Lelantos-2, A Phase 3 Clinical Study of Pamrevlumab in Ambulatory Muscular DystrophyFibroGen, Inc. announced topline data from the Phase 3 LELANTOS-2 trial of pamrevlumab for the treatment of ambulatory patients with Duchenne muscular dystrophy (DMD) on background systemic corticosteroids. The study did not meet the primary endpoint of change in the North Star Ambulatory Assessment (NSAA) total score from baseline to week 52 (placebo-corrected mean difference -0.528 points; 95% CI -2.308 to 1.251; p=0.5553). Secondary endpoints measured by change from baseline at week 52 in 4-stair climb velocity, 10-meter walk/run test, time to stand, time to loss of ambulation, and proportion of patients with greater than 10 seconds in the 10-meter walk/run test were also not met. Preliminary safety data showed that pamrevlumab was generally safe and well tolerated. The majority of treatment emergent adverse events were mild or moderate. Treatment-emergent serious adverse events were observed in 8.3% of patients in the pamrevlumab group and 2.8% of patients in the placebo group. FibroGen is in the process of evaluating the totality of the data, including other pre-specified endpoints, to determine the next steps for the program. The Company plans to communicate the full results of the LELANTOS-2 study at an upcoming medical forum. A total of 73 boys with ambulatory DMD ages 6 to <12 years were enrolled in LELANTOS-2, a global, Phase 3, randomized, double-blind trial of pamrevlumab or placebo in combination with systemic corticosteroids. The primary endpoint of the study was ambulatory function measured by change in the North Star Ambulatory Assessment (NSAA) total score from baseline to Week 52. Secondary endpoints assessed from baseline to Week 52 included changes in 4-stair climb velocity, 10-meter walk/run test, time to stand, time to loss of ambulation, and proportion of patients with greater than 10 seconds in the 10-meter walk/run test. In LELANTOS-2, patients were dosed with pamrevlumab (35 mg/kg IV on Day 1 and every two weeks thereafter with last dose at Week 52) or placebo. Duchenne muscular dystrophy (DMD) is a rare and debilitating neuromuscular disease that affects approximately 1 in every 5,000 newborn boys. About 20,000 children are diagnosed with DMD globally each year. The fatal disease is caused by a genetic mutation leading to the absence or defect of dystrophin, a protein necessary for normal muscle function. The absence of dystrophin results in muscle weakness, muscle loss, fibrosis, and inflammation. Patients with DMD are often wheelchair-bound before the age of 12, and their progressive muscle weakness may lead to serious medical problems relating to respiratory and cardiac muscle. Pamrevlumab is a potential first-in-class antibody being developed by FibroGen to inhibit the activity of connective tissue growth factor (CTGF), a common factor in fibrotic and proliferative disorders characterized by persistent and excessive scarring that can lead to organ dysfunction and failure. Pamrevlumab is in Phase 3 clinical development for the treatment of ambulatory Duchenne muscular dystrophy (DMD), and locally advanced unresectable pancreatic cancer (LAPC), and in Phase 2/3 for the treatment of metastatic pancreatic cancer. The U.S. Food and Drug Administration has granted Orphan Drug Designation to pamrevlumab for treatment of patients with DMD and pancreatic cancer, and Fast Track designation to pamrevlumab for the treatment of patients with DMD and LAPC. The U.S. Food and Drug Administration has also granted Rare Pediatric Disease Designation to pamrevlumab for the treatment of patients with DMD. Pamrevlumab has demonstrated a safety and tolerability profile that has supported ongoing clinical investigation in DMD, LAPC, and metastatic pancreatic cancer.
Reported Earnings • Aug 08Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.90 loss per share (further deteriorated from US$0.78 loss in 2Q 2022). Revenue: US$44.3m (up 49% from 2Q 2022). Net loss: US$87.7m (loss widened 21% from 2Q 2022). Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Biotechs industry in the US.
お知らせ • Jul 26Fibrogen, Inc. Announces Chief Executive Officer ChangesFibroGen Inc. CEO Enrique Conterno resigned for personal reasons. Thane Wettig, FibroGen's chief commercial officer, was named interim CEO of the San Francisco-based drug maker. Conterno, a 27-year veteran of Eli Lilly and Co., joined FibroGen as the virus that causes Covid was emerging in China, one of the company's top markets for roxadustat. He replaced company founder Thomas Neff, who died in August 2019 at the age of 65 of advanced hypertensive cardiovascular disease. Wettig, 58, has been with FibroGen since June 2020. He had been chief commercial officer and metabolic franchise head for Intarcia Therapeutics for two years and spent 18 years at Lilly, most recently as chief marketing officer of its diabetes business.
お知らせ • Jul 25FibroGen, Inc. to Report Q2, 2023 Results on Aug 07, 2023FibroGen, Inc. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023
Major Estimate Revision • Jun 29Consensus revenue estimates decrease by 13%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$177.8m to US$154.3m. EPS estimate increased from -US$2.94 to -US$2.67 per share. Biotechs industry in the US expected to see average net income decline 85% next year. Consensus price target down from US$25.50 to US$12.50. Share price fell 85% to US$2.49 over the past week.
Price Target Changed • Jun 27Price target decreased by 25% to US$19.00Down from US$25.50, the current price target is an average from 6 analysts. New target price is 601% above last closing price of US$2.71. Stock is down 77% over the past year. The company is forecast to post a net loss per share of US$2.93 next year compared to a net loss per share of US$3.14 last year.
Buying Opportunity • Jun 26Now 81% undervalued after recent price dropOver the last 90 days, the stock is down 86%. The fair value is estimated to be US$14.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings is also forecast to grow by 48% per annum over the same time period.
Recent Insider Transactions Derivative • Jun 17Insider notifies of intention to sell stockChristine Chung intends to sell 63k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of June. If the sale is conducted around the recent share price of US$17.56, it would amount to US$1.1m. Since September 2022, Christine's direct individual holding has increased from 238.80k shares to 248.83k. Company insiders have collectively sold US$3.0m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jun 08FibroGen, Inc. Announces Topline Results from LELANTOS-1 Phase 3 Clinical Study of Pamrevlumab in Non-Ambulatory Patients with Duchenne Muscular DystrophyFibroGen, Inc. announced topline data from the Phase 3 LELANTOS-1 placebo-controlled trial of pamrevlumab for the treatment of non-ambulatory patients with Duchenne Muscular Dystrophy (DMD) on background corticosteroids. The study did not meet the primary endpoint of Performance of the Upper Limb 2.0 (PUL 2.0) score at week 52 compared to baseline. Pamrevlumab was generally safe and well tolerated and the majority of treatment emergent adverse events were mild or moderate. FibroGen plans to present the complete results of the LELANTOS-1 study at an upcoming medical conference and to publish the full results. Topline data from the Phase 3 LELANTOS-2 clinical trial of pamrevlumab for the treatment of ambulatory patients with DMD is expected Third Quarter 2023. A total of ninety-nine (99) DMD patients aged 12 years and older were enrolled in LELANTOS-1, a global Phase 3, randomized, double-blind, trial of pamrevlumab or placebo in combination with systemic corticosteroids to evaluate the efficacy and safety of pamrevlumab in patients with non-ambulatory DMD. The U.S. Food and Drug Administration (FDA) has granted Rare Pediatric Disease, Orphan Drug, and Fast Track Designation to pamrevlumab for the treatment of DMD. In the EU, FibroGen has been granted Orphan Drug Designation to pamrevlumab for the treatment of DMD. The Phase 3 clinical development program for pamrevlumab for DMD includes two studies, LELANTOS-1 and LELANTOS-2. These randomized, double-blind global Phase 3 trials are designed to evaluate the efficacy and safety of pamrevlumab in combination with systemic corticosteroids in patients with either non-ambulatory or ambulatory DMD. For more information about LELANTOS-2, which is fully enrolled. Pamrevlumab is a potential first-in-class antibody being developed by FibroGen to inhibit the activity of connective tissue growth factor (CTGF), a common factor in fibrotic and proliferative disorders characterized by persistent and excessive scarring that can lead to organ dysfunction and failure. Pamrevlumab is in Phase 3 clinical development for the treatment of idiopathic pulmonary fibrosis (IPF), locally advanced unresectable pancreatic cancer (LAPC), and Duchenne muscular dystrophy (DMD), and in Phase 2/3 for the treatment of metastatic pancreatic cancer. The U.S. Food and Drug Administration has granted Orphan Drug Designation, and Fast Track designation to pamrevlumab for the treatment of patients with IPF, DMD, and LAPC. The U.S. Food and Drug Administration has also granted Rare Pediatric Disease Designation to pamrevlumab for the treatment of patients with DMD. Pamrevlumab has demonstrated a safety and tolerability profile that has supported ongoing clinical investigation in IPF, DMD, and LAPC. Pamrevlumab is an investigational drug and not approved for marketing by any regulatory authority.
お知らせ • May 19FibroGen, Inc. Announces Positive Topline Results from China Pivotal Phase 3 Clinical Trial of Roxadustat for the Treatment of Chemotherapy Induced AnemiaFibroGen, Inc. and its subsidiary, FibroGen (China) Medical Technology Development Co. Ltd. announced positive topline data from Company's Phase 3 clinical study of roxadustat for treatment of anemia in patients receiving concurrent chemotherapy treatment for non-myeloid malignancies in China. Roxadustat (Ai Rui Zhuo ®?) demonstrated non-inferiority compared to recombinant erythropoietin alfa (SEPO®?) on the primary endpoint of change in hemoglobin (Hb) level from baseline to the average level during weeks 9-13. In the preliminary safety analysis, the adverse event profile of roxadustat was generally consistent with previous findings and supportive of a positive benefit risk in this patient population. A total of one-h hundred fifty-nine (159) patients with non-myeloid malignedancy (solid tumor) with a baseline hemoglobin level at or below 10 g/dL were enrolled into this Phase 3, randomized, open-label, active-controlled study investigating the efficacy and safety of roxadustat For treatment of chemotherapy-induced anemia (CIA). Patients were randomly assigned roxadustat or erythropoietin Alfa three times per week (TIW), during a treatment period of 12 weeks, with an additional 4-week follow-up period. Roxadustat (ai Rui Zhuo ®®?, EVRENZOTM) is currently approved in China, Europe, Japan, and numerous other countries for the treatment of anemia in CKD patients on dialysis and not on dialysis. Roxadustat is in clinical development for chemotherapy-induced anemia (CIA) in China. FibroGen recently expanded its research and development portfolio to include product candidates in the immuno-oncology space.
Major Estimate Revision • May 15Consensus EPS estimates fall by 20%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from US$171.3m to US$177.8m. Forecast EPS reduced from -US$2.46 to -US$2.94 per share. Biotechs industry in the US expected to see average net income decline 85% next year. Consensus price target of US$24.67 unchanged from last update. Share price was steady at US$17.43 over the past week.
Reported Earnings • May 10First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: US$0.81 loss per share (further deteriorated from US$0.68 loss in 1Q 2022). Revenue: US$36.2m (down 41% from 1Q 2022). Net loss: US$76.7m (loss widened 21% from 1Q 2022). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
分析記事 • Apr 18Revenues Not Telling The Story For FibroGen, Inc. (NASDAQ:FGEN)It's not a stretch to say that FibroGen, Inc.'s ( NASDAQ:FGEN ) price-to-sales (or "P/S") ratio of 13.8x right now...
Recent Insider Transactions • Apr 08Insider recently sold US$124k worth of stockOn the 4th of April, Christine Chung sold around 7k shares on-market at roughly US$18.78 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.2m. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months.
Recent Insider Transactions • Mar 13CEO & Director recently sold US$1.2m worth of stockOn the 10th of March, Enrique Conterno sold around 56k shares on-market at roughly US$20.62 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Enrique has been a net seller over the last 12 months, reducing personal holdings by US$1.2m.
Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: US$3.14 loss per share. Revenue: US$140.7m (down 40% from FY 2021). Net loss: US$293.7m (loss widened 1.3% from FY 2021). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Biotechs industry in the US.
Price Target Changed • Feb 28Price target increased by 16% to US$24.83Up from US$21.33, the current price target is an average from 6 analysts. New target price is 12% above last closing price of US$22.20. Stock is up 63% over the past year. The company is forecast to post a net loss per share of US$3.38 next year compared to a net loss per share of US$3.14 last year.
