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Biomea Fusion, Inc.

BMEA
Healthcare|Biotechnology|US
$0.57
-0.02 (-3.51%)
DCF Value
$0.98
Tangible Book / Share
$0.17
Cash / Share
$0.48

About

Biomea Fusion, Inc., a clinical-stage diabetes and obesity medicines company, focuses on the discovery and development of oral drugs to treat patients with diabetes and obesity. It’s lead clinical program’s drug candidates are COVALENT-111 and COVALENT-112, which has completed Phase II clinical trials of icovamenib for the treatment of Type 1 and Type 2 diabetes; COVALENT-211, which is in Phase II clinical trial of icovamenib for treating insulin-deficient type 2 diabetes; and COVALENT-212, which is in Phase II clinical trial of icovamenib for the treatment of type 2 diabetes. The company is also developing BMF-650, which is in Phase I glucagon-like peptide-131 clinical trial for the treatment of obesity. The company was incorporated in 2017 and is headquartered in San Carlos, California.

Stock Price

-56.4%(1Y)
1M
-58.6%
3M
-55.0%
6M
-63.2%
YTD
-54.3%
1Y
-58.6%
3Y
-93.8%
5Y
-94.8%

Pipeline Summary

9 total trials
6
Phase 1
4
Phase 2
0
Phase 3
0
Phase 4
Recruiting: 1Completed: 5Active: 1Terminated: 2

Active Trials (2)

Phase 2 Trial of Icovamenib in Participants With Type 2 Diabetes Mellitus Who Are Not Achieving Glycemic Targets While Using GLP-1-Based Therapy
NCT07502508Type 2 Diabetes
Phase 2Recruiting
Enrollment: 60 participants
Phase 2 Trial of Icovamenib in Participants With Type 2 Diabetes Who Are Not Achieving Glycemic Targets
NCT07502495Type 2 Diabetes
Phase 2Active
Enrollment: 64 participants

Key Facts

Market Cap$41.0M
Employees41 (-61% YoY)
CEOMichael J. Hitchcock
IPO DateApr 16, 2021
Beta-0.30
52-Week Range$0.54 – $2.24
Avg Volume1,740,054
ExchangeNASDAQ

Ownership

Float93.5%
Shares Outstanding72.3M

Recent Insider Trades

Faust ElizabethAWARD
Jun 10, 2026196,299 shares @ $1.15
AGUIAR ERICAWARD
Jun 10, 2026196,299 shares @ $1.15
Ray SumitaAWARD
Jun 10, 2026196,299 shares @ $1.15
Averill JulianneAWARD
Jun 10, 2026173,711 shares @ $1.15
Erdtmann Rainer MAWARD
Apr 1, 2026452,512 shares @ $1.49

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Data last updated: Nov 9, 2026, 03:59 AM