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. Show more
1599 Industrial Road, San Carlos, CA, 94070, United States
Market Cap
114.2M
52 Wk Range
$0.87 - $3.08
Previous Close
$1.58
Open
$1.58
Volume
917,370
Day Range
$1.48 - $1.60
Enterprise Value
57.12M
Cash
55.81M
Avg Qtr Burn
-13.94M
Insider Ownership
7.17%
Institutional Own.
37.32%
Qtr Updated
12/31/25
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| Drug & Indication | Stage & Event | Catalyst Date |
|---|---|---|
BMF-219 (icovamenib) + GLP-1-based therapy Details Severe insulin-deficient type 2 diabetes patients | Phase 2b Data readout | |
Icovamenib + GLP-1 based therapy Details Type 2 diabetes | Phase 2 Data readout | |
BMF-219 (icovamenib) Details Type 1 diabetes | Phase 2 Data readout | |
Icovamenib (BMF-219) (Menin Inhibitor) Details Type 1 Diabetes (Diagnosed Within Past 3 Years) | Phase 2 Initiation | |
BMF-219 (icovamenib) Details Type 2 diabetes | Phase 1/2 Data readout | |
BMF-650 (GLP-1 RA) Details Obese, otherwise healthy volunteers | Phase 1 Data readout | |
BMF-500 Details Leukemia | Phase 1 Update | |
BMF-219 (icovamenib) Details Solid tumor/s, Colorectal cancer , Pancreatic cancer, Non-small cell lung carcinoma | Failed Discontinued | |
BMF-219 (icovamenib) Details Acute myeloid leukemia, Acute lymphoblastic leukemia | Failed Discontinued |
