Third Harmonic Bio, Inc. (THRD)

NASDAQ: THRD · IEX Real-Time Price · USD
13.87
-0.37 (-2.57%)
May 17, 2024, 4:00 PM EDT - Market closed
-2.57%
Market Cap 561.22M
Revenue (ttm) n/a
Net Income (ttm) -29.60M
Shares Out 40.76M
EPS (ttm) -0.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 40,617
Open 14.58
Previous Close 14.23
Day's Range 13.69 - 14.58
52-Week Range 4.51 - 14.58
Beta n/a
Analysts Hold
Price Target 7.00 (-49.51%)
Earnings Date May 15, 2024

About THRD

Third Harmonic Bio, Inc., a biopharmaceutical company, focuses on the development of the medicine for the treatment of dermal, respiratory, and gastrointestinal inflammatory diseases. The company develops oral small-molecule inhibitors of KIT, a cell surface receptor that serves as the master regulator of mast cell function and survival. It is also developing THB335, an oral small molecule KIT inhibitor for the treatment of mast cell-mediated skin, respiratory, and gastrointestinal conditions. The company was formerly known as Project IGE, Inc.... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Sep 15, 2022
Employees 30
Stock Exchange NASDAQ
Ticker Symbol THRD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for THRD stock is "Hold" and the 12-month stock price forecast is $7.0.

Price Target
$7.0
(-49.51% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Third Harmonic Bio Announces First Quarter 2024 Financial Results and Provides Business Update

U.S. FDA clears Investigational New Drug application for THB335 Phase 1 SAD/MAD clinical trial initiated and subject screening underway,  with results expected during 1H'25 Strengthened leadership tea...

3 days ago - GlobeNewsWire

Third Harmonic Bio Appoints Geoff McDonough, M.D., to its Board of Directors

SAN FRANCISCO, March 28, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a biopharmaceutical company focused on advancing the next wave of medicine for inflammatory diseases, today a...

7 weeks ago - GlobeNewsWire

Third Harmonic Bio Announces Fourth Quarter and Full Year 2023 Financial Results

U.S. IND filed for THB335 with anticipated clinical trial start during 2Q'24 Strong financial position with cash and cash equivalents totaling $269.1 million as of December 31, 2023 SAN FRANCISCO, Mar...

7 weeks ago - GlobeNewsWire

Third Harmonic Bio to Participate in the 44th Annual TD Cowen Health Care Conference

SAN FRANCISCO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a biopharmaceutical company focused on advancing the next wave of medicine for inflammatory diseases, today an...

2 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Third Harmonic Bio, Inc. (NASDAQ: THRD)

NEW YORK , Feb. 22, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Third Harmonic Bio, Inc. (NASDAQ: THRD) on behalf of the company's shareholders.  The investigation ...

3 months ago - PRNewsWire

Third Harmonic Bio Appoints Christopher Murphy as Chief Financial and Business Officer and Provides Business Update

Chris brings extensive enterprise-level leadership experience in business development, commercial operations, and corporate strategy

4 months ago - GlobeNewsWire

Third Harmonic Bio Announces Third Quarter 2023 Financial Results

On track to file a U.S. Investigational New Drug (IND) application for THB335 and  initiate clinical studies in 1H'24

6 months ago - GlobeNewsWire

Third Harmonic Bio Announces Leadership Changes

SAN FRANCISCO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a biopharmaceutical company focused on advancing the next wave of medicine for inflammatory diseases, today an...

7 months ago - GlobeNewsWire

Third Harmonic Bio to Participate in the Morgan Stanley Global Healthcare Conference

SAN FRANCISCO, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a biopharmaceutical company focused on advancing the next wave of medicine for inflammatory diseases, today an...

9 months ago - GlobeNewsWire

Third Harmonic Bio Announces Second Quarter 2023 Financial Results

Introduced next-generation oral KIT inhibitor product candidate THB335, which retains the potency and selectivity of first-generation oral KIT inhibitor, THB001, with differentiated metabolic, distrib...

10 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Third Harmonic Bio, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , Aug. 1, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim ...

10 months ago - PRNewsWire

Third Harmonic Bio Announces Next-Generation Oral KIT Inhibitor Product Candidate THB335

THB335 retains selectivity and potency of first-generation oral KIT inhibitor, THB001, with differentiated metabolic, distribution and physicochemical profile

10 months ago - GlobeNewsWire

Third Harmonic Bio Announces First Quarter 2023 Financial Results

Company Progresses Preclinical Next-Generation oral KIT Inhibitor for Mast Cell-Mediated Inflammatory Diseases Company Progresses Preclinical Next-Generation oral KIT Inhibitor for Mast Cell-Mediated ...

1 year ago - GlobeNewsWire

Third Harmonic Bio Announces Fourth Quarter and Year-End 2022 Financial Results

Company Progresses Preclinical Next-Generation oral KIT Inhibitor for Mast Cell-Mediated Inflammatory Diseases Company Progresses Preclinical Next-Generation oral KIT Inhibitor for Mast Cell-Mediated ...

1 year ago - GlobeNewsWire

Top 5 Health Care Stocks That May Rally - AstraZeneca (NASDAQ:AZN), Amgen (NASDAQ:AMGN)

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: AMGNAZNPFE
1 year ago - Benzinga

5 Cheapest Health Care Stocks You Should Think About

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: ABBVFATETECH
1 year ago - Benzinga

5 Cheapest Health Care Stocks You Should Think About - Baxter Intl (NYSE:BAX), Cutera (NASDAQ:CUTR)

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: CUTRBAXVERA
1 year ago - Benzinga

Top 5 Health Care Stocks That May Surge - Graphite Bio (NASDAQ:GRPH), Fate Therapeutics (NASDAQ:FATE)

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: FATEIPSCVERA
1 year ago - Benzinga

Third Harmonic's stock falls 75% after discontinuing clinical trial

Shares of Third Harmonic Bio Inc. tumbled 75% in premarket trading on Thursday after the company said it discontinued the Phase 1b study of its treatment for chronic inducible urticaria, a common infl...

1 year ago - Market Watch

Third Harmonic Bio Announces Discontinuation of Phase 1b Study of THB001 in Chronic Inducible Urticaria

-- Company decision follows observation of asymptomatic liver transaminitis in two subjects enrolled in first dose cohort of 200mg BID

1 year ago - GlobeNewsWire

Third Harmonic Bio to Participate in Fireside Chat at the Evercore ISI 5th Annual HealthCONx Conference

CAMBRIDGE, Mass., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for allergy and i...

1 year ago - GlobeNewsWire

Third Harmonic Bio Announces Third Quarter 2022 Financial Results and Provides Corporate Update

Successfully Completed Upsized Initial Public Offering Providing Funding Through 2025

1 year ago - GlobeNewsWire

Third Harmonic Scores Most Successful Biotech IPO in Months

A partner in a large Cambridge, Massachusetts-based venture capital firm is confident that investors' appetite for biotech startups will begin to pick up in the fall.

1 year ago - GuruFocus

Third Harmonic Bio Announces Closing of Upsized Initial Public Offering and Full Exercise of the Underwriters' Option to Purchase Additional Shares

CAMBRIDGE, Mass., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company developing a potent, highly selective, oral KIT inhibitor for t...

1 year ago - GlobeNewsWire

Third Harmonic Bio stock opens more than 20% above IPO price

Third Harmonic Bio Inc. THRD, +22.50% received a warm Wall Street welcome Thursday, as the biotechnology company's stock opened 20.6% above the initial public offering price. The company, which specia...

1 year ago - Market Watch