Biomea Fusion, Inc., a clinical-stage diabetes and obesity medicines company, focuses on the discovery and development of oral covalent small molecule drugs to treat patients with metabolic diseases in the United States. It’s lead product candidate icovamenib, an orally bioavailable, potent, and covalent inhibitor of menin, a ubiquitously expressed scaffold protein that functions in histone modification and epigenetic gene regulation to impact multiple cellular processes including cell cycle control, apoptosis, and DNA damage repair. Biomea Fusion, Inc. was incorporated in 2017 and is headquartered in San Carlos, California.
Clinical Breakthroughs | Explore Biomea Fusion's promising results in acute leukemia and diabetes treatments, with BMF-500 showing efficacy in 11 out of 12 patients in Phase I trials |
Financial Landscape | Despite a healthy current ratio of 3.39, Biomea faces challenges with ongoing losses and rapid cash burn, typical for early-stage biotech companies |
Market Dynamics | Biomea's counter-market behavior (beta -0.28) offers portfolio diversification, while its focus on genetic cancers and metabolic diseases targets significant unmet needs |
Future Catalysts | Analyst targets range from $9 to $19, with upcoming Phase 2 data for BMF-219 in diabetes expected by December 2025, potentially driving valuation changes |
Metrics to compare | BMEA | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipBMEAPeersSector | |
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P/E Ratio | −0.9x | −3.8x | −0.5x | |
PEG Ratio | −1.33 | 0.02 | 0.00 | |
Price/Book | 4.0x | 2.4x | 2.6x | |
Price / LTM Sales | - | 9.3x | 3.1x | |
Upside (Analyst Target) | - | 154.2% | 47.8% | |
Fair Value Upside | Unlock | 10.6% | 6.9% | Unlock |