BMEA · Biomea Fusion
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.
Market Cap
91.1M
52 Wk Range
$0.87 - $2.99
Previous Close
$1.26
Open
$1.29
Volume
855,743
Day Range
$1.26 - $1.36
Enterprise Value
70.43M
Cash
34.82M
Avg Qtr Burn
-10.03M
Insider Ownership
7.15%
Institutional Own.
40.02%
Qtr Updated
Jun 30th 2026
