Third Harmonic Bio, Inc. (THRD)

NASDAQ: THRD · Real-Time Price · USD
3.470
-0.110 (-3.07%)
Feb 21, 2025, 4:00 PM EST - Market closed
-3.07%
Market Cap 156.35M
Revenue (ttm) n/a
Net Income (ttm) -39.20M
Shares Out 45.06M
EPS (ttm) -0.97
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 509,780
Open 3.600
Previous Close 3.580
Day's Range 3.465 - 3.670
52-Week Range 3.180 - 16.940
Beta 2.67
Analysts Buy
Price Target 14.00 (+303.46%)
Earnings Date Mar 25, 2025

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 3 analysts, the average rating for THRD stock is "Buy." The 12-month stock price forecast is $14.0, which is an increase of 303.46% from the latest price.

Price Target
$14.0
(303.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Third Harmonic Bio Initiates Strategic Review, Lays Off 50% Staff Citing Competitive Landscape

On Tuesday, Third Harmonic Bio, Inc. THRD revealed results from its Phase 1 single and multiple ascending dose (SAD/MAD) trial of THB335 in healthy volunteers.

9 days ago - Benzinga

Third Harmonic Bio Announces Phase 1 Clinical Results for THB335 and Provides Corporate Strategic Update

THB335 Phase 1 data support advancement into Phase 2 clinical trial in  chronic spontaneous urticaria (CSU) Company initiating process to leverage balance sheet strength to  maximize shareholder value...

10 days ago - GlobeNewsWire

Third Harmonic Bio to Participate in the 7th Annual Evercore HealthCONx Conference

SAN FRANCISCO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respirat...

3 months ago - GlobeNewsWire

Third Harmonic Bio to Participate in Upcoming Investor Conferences in November

SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respirat...

3 months ago - GlobeNewsWire

Third Harmonic Bio Announces Third Quarter 2024 Financial Results

THB335 Phase 1 SAD/MAD clinical trial on track to deliver clinical results in 1Q'25 Strong financial position with cash and cash equivalents totaling $296.1 million  as of September 30, 2024 SAN FRANC...

3 months ago - GlobeNewsWire

Third Harmonic Bio to Participate in Upcoming Investor Conferences in September

SAN FRANCISCO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respira...

5 months ago - GlobeNewsWire

Third Harmonic Bio to Participate in Upcoming Investor Conferences

SAN FRANCISCO, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respirat...

6 months ago - GlobeNewsWire

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

THB335 Phase 1 SAD/MAD clinical trial progressing; study now on track to report clinical results in 1Q'25 Strong financial position with cash and cash equivalents totaling $255.3 million  as of June 3...

7 months ago - GlobeNewsWire

Third Harmonic Bio to Participate in the Jefferies Global Healthcare Conference

SAN FRANCISCO, May 28, 2024 (GLOBE NEWSWIRE) -- Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respirato...

9 months ago - GlobeNewsWire

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...

10 months 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...

11 months 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...

11 months 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...

1 year ago - GlobeNewsWire

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

1 year 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

1 year 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...

1 year 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...

1 year 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...

1 year ago - GlobeNewsWire

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

1 year 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 ...

2 years ago - GlobeNewsWire

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

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

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2 years ago - Benzinga

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

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2 years ago - Benzinga