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Biomea Fusion to Participate in Piper Sandler 34th Annual Healthcare Conference

Key Takeaway: REDWOOD CITY, Calif., Nov. 11, 2022 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”)(Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent small molecules to treat and improve the lives of patients with genetically defi
Price reaction · baseline $8.43 (2022-11-10 close) · hit after-hours · clean, no other BMEA news in the window
day 0 close
-6.2%
day 1
-5.5%
day 3 · peak
-9.8%

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+35%
120-day peak, hindsight
Typical move
7.7%
average across 12 past catalysts
Cash runway
~10 mo
Medium dilution risk
Lead asset
icovamenib
Phase 2 · Type 2 Diabetes

Full Press Release Details

REDWOOD CITY, Calif., Nov. 11, 2022 (GLOBE NEWSWIRE) -- Biomea Fusion, Inc. (“Biomea”)(Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent small molecules to treat and improve the lives of patients with genetically defined cancers and metabolic diseases, today announced that Biomea’s management will participate in a fireside chat and host investor meetings at the upcoming Piper Sandler 34th Annual Healthcare Conference.
Piper Sandler 34th Annual Healthcare Conference
Location: New York, NY
Fireside Chat: Tuesday, November 29, 2022, at 3:30 pm ET
1x1 Meetings: Tuesday, November 29, 2022
A webcast of the fireside chat will be available on the investor page of Biomea’s website at https://investors.biomeafusion.com/news-events/events
Biomea Fusion is a clinical stage biopharmaceutical company focused on the discovery and development of covalent small molecules to treat patients with genetically defined cancers and metabolic diseases. A covalent small molecule is a synthetic compound that forms a permanent bond to its target protein and offers a number of potential advantages over conventional non-covalent drugs, including greater target selectivity, lower drug exposure, and the ability to drive a deeper, more durable response. The company is utilizing its proprietary FUSION™ System to advance a pipeline of covalent-binding therapeutic agents against key oncogenic drivers of cancer and metabolic diseases. Biomea Fusion’s goal is to utilize its capabilities and platform to become a leader in developing covalent small molecules in order to maximize the clinical benefit when treating various cancers and metabolic diseases.
Last updated: Nov 11, 2022