Biomea Fusion, Inc. (BMEA)

NASDAQ: BMEA · IEX Real-Time Price · USD
16.68
+1.61 (10.68%)
At close: Dec 1, 2023, 4:00 PM
16.75
+0.07 (0.42%)
Pre-market: Dec 4, 2023, 8:26 AM EST
10.68%
Market Cap 590.49M
Revenue (ttm) n/a
Net Income (ttm) -107.69M
Shares Out 35.40M
EPS (ttm) -3.35
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 14,153
Open 15.51
Previous Close 15.07
Day's Range 14.09 - 17.18
52-Week Range 6.04 - 43.69
Beta -0.97
Analysts Strong Buy
Price Target 47.70 (+185.97%)
Earnings Date Oct 30, 2023

About BMEA

Biomea Fusion, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of covalent small molecule drugs to treat patients with genetically defined cancers and metabolic diseases. Its lead product candidate is BMF-219, an orally bioavailable, potent, and selective covalent inhibitor of menin for treating patients with liquid and solid tumors and type 2 diabetes. Biomea Fusion, Inc. was incorporated in 2017 and is headquartered in Redwood City, California. [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Apr 16, 2021
Employees 103
Stock Exchange NASDAQ
Ticker Symbol BMEA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for BMEA stock is "Strong Buy." The 12-month stock price forecast is $47.7, which is an increase of 185.97% from the latest price.

Price Target
$47.7
(185.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Biomea Fusion Announces Acceptance of Three Abstracts for its Novel Menin Inhibitor Highlighting Durable Glycemic Control in Diabetes Patients at the International Conference on Advanced Technologies & Treatments for Diabetes (ATTD) in 2024

BMF-219 is an investigational novel covalent menin inhibitor developed to regenerate insulin-producing beta cells with the aim to cure diabetes BMF-219 is an investigational novel covalent menin inhib...

7 days ago - GlobeNewsWire

Biomea Fusion Abstract “BMF-219: A Novel Therapeutic Agent to Reestablish Functional Beta Cells and Provide Long-term Glycemic Control" Selected as One of Six Oral Presentations at 21st World Congress Insulin Resistance, Diabetes & Cardiovascular Disease

BMF-219 is an investigational novel covalent menin inhibitor designed to regenerate insulin-producing beta cells with the aim to cure diabetes BMF-219 is an investigational novel covalent menin inhibi...

18 days ago - GlobeNewsWire

Biomea Fusion to Present New Data from Ongoing Phase II Study (COVALENT-111) of BMF-219 in Patients with Type 2 Diabetes at the World Congress Insulin Resistance, Diabetes & Cardiovascular Disease (WCIRDC)

BMF-219 is an investigational novel covalent menin inhibitor designed to regenerate insulin-producing beta cells with the aim to cure type 2 diabetes BMF-219 is an investigational novel covalent menin...

25 days ago - GlobeNewsWire

Biomea Fusion Announces Two Poster Presentations at Upcoming ASH Annual Meeting 2023

REDWOOD CITY, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “the company”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developi...

4 weeks ago - GlobeNewsWire

Biomea Fusion Reports Third Quarter 2023 Financial Results and Corporate Highlights

REDWOOD CITY, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “the Company”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developi...

4 weeks ago - GlobeNewsWire

Biomea Fusion Announces First Patient Dosed with Covalent FLT3 Inhibitor BMF-500 in Relapsed or Refractory Acute Leukemia in Phase I Clinical Trial (COVALENT-103)

BMF-500, a novel 3 rd generation oral covalent inhibitor of FMS-like tyrosine kinase 3 (FLT3), is the second product candidate discovered and developed by Biomea's proprietary FUSION™ System to enter ...

6 weeks ago - GlobeNewsWire

Biomea Fusion Announces FDA and Health Canada Clearance of the Expansion Cohorts of the Ongoing COVALENT-111 Phase II Study

REDWOOD CITY, Calif., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalen...

2 months ago - GlobeNewsWire

Biomea Fusion Announces Appointment of Juan Pablo Frías, M.D. as Chief Medical Officer

REDWOOD CITY, Calif., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent...

3 months ago - GlobeNewsWire

Biomea Fusion Reports Second Quarter 2023 Financial Results and Corporate Highlights

REDWOOD CITY, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea” or “the Company”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developi...

4 months ago - GlobeNewsWire

BMF-219 Induces Complete Responses in Target Acute Myeloid Leukemia (AML) Patient Population

REDWOOD CITY, Calif., July 24, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent...

4 months ago - GlobeNewsWire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Biomea Fusion, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Biomea Fusion, In...

5 months ago - Accesswire

BMEA FRAUD ALERT: Jakubowitz Law is Investigating Biomea Fusion, Inc. in Connection with Potential Violations of Federal Securities Laws

NEW YORK , July 14, 2023 /PRNewswire/ -- Jakubowitz Law announces that an investigation into potential securities fraud allegations has commenced on behalf of shareholders of Biomea Fusion, Inc. (NASD...

5 months ago - PRNewsWire

BMEA INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Biomea Fusion, Inc.

NEW YORK , July 13, 2023 /PRNewswire/ -- Levi & Korsinsky notifies investors that it has commenced an investigation of Biomea Fusion, Inc. ("Biomea Fusion") (NASDAQ: BMEA) concerning possible violatio...

5 months ago - PRNewsWire

INVESTIGATION ALERT: The Gross Law Firm Notifies Shareholders of Biomea Fusion, Inc. of an Investigation and Potential Class Action Lawsuit - (NASDAQ: BMEA)

NEW YORK , July 12, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Biomea Fusion, Inc.: On June 23, 2023, Biomea Fusion presented data for its Type 2 diabetes d...

5 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Biomea Fusion, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Biomea Fusion, In...

5 months ago - Accesswire

BMEA NEWS: The Klein Law Firm Initiates an Investigation Involving Possible Securities Fraud Violations by Officers of Biomea Fusion, Inc.

NEW YORK , July 11, 2023 /PRNewswire/ -- The Klein Law Firm announces that it is investigating allegations that Biomea Fusion, Inc. ("Biomea Fusion") (NASDAQ: BMEA) violated federal securities laws. C...

5 months ago - PRNewsWire

BMEA ALERT: The Law Offices of Vincent Wong Investigate Biomea Fusion, Inc. for Potential Violations of Securities Laws

NEW YORK , July 10, 2023 /PRNewswire/ -- Attention Biomea Fusion, Inc. ("Biomea Fusion") (NASDAQ: BMEA) shareholders: The Law Offices of Vincent Wong announce that an investigation has commenced into ...

5 months ago - PRNewsWire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Biomea Fusion, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Biomea Fusion, Inc...

5 months ago - Accesswire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Biomea Fusion, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Biomea Fusion, Inc...

5 months ago - Accesswire

Are (More) Big Gains Ahead for This Small Cap Biotech Stock?

A year removed from its $20 IPO of April 2021, Biomea Fusion, Inc. NASDAQ: BMEA faded into penny stock land as investors lost their appetite for high-risk biotechnology stocks. Approximately a year la...

5 months ago - MarketBeat

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Biomea Fusion, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $BMEA #BMEA--The Schall Law Firm Announces it is Investigating Claims Against Biomea Fusion, Inc. and Encourages Investors with Losses to Contact the Firm.

5 months ago - Business Wire

Biomea Fusion stock soars after release of clinical data on diabetes treatment

Shares of Biomea Fusion Inc. BMEA, -5.89% jumped 17% in premarket trading Monday after the clinical-stage biopharmaceutical company released new clinical data on its investigational covalent menin inh...

5 months ago - Market Watch

Biomea Fusion to Present Late Breaking Data from Ongoing Phase II Trial, COVALENT-111, Evaluating BMF-219 in Patients with Type 2 Diabetes at ADA 2023

REDWOOD CITY, Calif., June 20, 2023 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent...

5 months ago - GlobeNewsWire

Biomea Fusion Reports First Quarter 2023 Financial Results and Corporate Highlights

REDWOOD CITY, Calif., May 02, 2023 (GLOBE NEWSWIRE) --  Biomea Fusion, Inc. (“Biomea” or “the Company”) (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developi...

7 months ago - GlobeNewsWire