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4DMT Completes Enrollment for Phase 3 Trial of 4D-150 for Wet AMD

Key Takeaway: 4D Molecular Therapeutics has successfully completed enrollment for its Phase 3 trial, 4FRONT-1, evaluating 4D-150 in wet AMD patients. The trial has exceeded 500 participants, highlighting strong interest in the treatment. The primary endpoint focuses on noninferiority in vision outcomes, with topline data expected in early 2027. A second trial, 4FRONT-2, is also underway.
Price reaction · baseline $8.99 (2026-02-06 close) · hit pre-market · 1 other FDMT headline(s) in the window, move may be shared
day 0 close · peak
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Market Sentiment Analysis

POSITIVE FACTORS

  • Enrollment for the Phase 3 trial was completed successfully.
  • The trial is overenrolled, indicating strong interest and support.
  • The potential for 4D-150 to reduce treatment burden for wet AMD patients is promising.
  • Topline data is expected in the first half of 2027, showing progress.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+128%
120-day peak, hindsight
Typical move
11.2%
average across 9 past catalysts
Cash runway
~18 mo
Low dilution risk
Lead asset
4D-150 IVT
Phase 3 · Macular Neovascularization Secondary to Age-Related Macular Degeneration

Full Press Release Details

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4D Molecular Therapeutics has completed enrollment for the 4FRONT-1 phase 3 trial evaluating 4D-150 in patients with wet AMD. The trial is overenrolled and is expected to exceed 500 patients randomly assigned to the study drug or aflibercept 2 mg (Eylea, Regeneron) every 8 weeks.
“For far too long, wet AMD patients have faced the burden of relentless, lifelong repeated bolus injections and vision loss,” said Julie Clark, MD, chief medical officer of 4DMT. “Our vision is to fundamentally shift that paradigm, to bring forward a potential backbone therapy that meaningfully reduces treatment burden while sustaining vision outcomes. The rapid enrollment completion, driven by the enthusiasm for 4D-150 and data generated to date, energizes our entire organization as we work relentlessly toward completing global enrollment in 4FRONT-2 and prepare for topline data in H1 2027 from 4FRONT-1. I want to thank all our sites, study coordinators, and patients for their partnership and trust as we work toward our goal to drive a new standard of care for wet AMD.”
4FRONT-1 is a phase 3 multicenter, randomized, double-masked, comparator-controlled study of intravitreal 4D-150 in wet AMD. The primary endpoint is noninferiority in the mean change from baseline in BCVA at 52 weeks; the key secondary endpoint is the reduction in treatment burden. 4FRONT-1 is evaluating treatment-naïve wet AMD patients at sites in North America. Topline data is expected in the first half of 2027.
A second, identically designed, global phase 3 trial for wet AMD, 4FRONT-2, is enrolling both treatment-naïve and recently diagnosed treatment-experienced wet AMD patients. 4FRONT-2 is expected to complete enrollment in the second half of 2026 with topline data expected in the second half of 2027.
Learn more at www.4DMT.com .
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Frequently Asked Questions

What is the 4FRONT-1 trial about?

The 4FRONT-1 trial evaluates 4D-150 for treating wet AMD in patients.

How many patients are enrolled in the trial?

The trial has exceeded 500 patients enrolled.

What are the primary endpoints of the trial?

The primary endpoint is noninferiority in vision outcomes at 52 weeks.

When is topline data expected?

Topline data from the trial is expected in the first half of 2027.

What is the focus of the 4FRONT-2 trial?

The 4FRONT-2 trial is enrolling treatment-naïve and recently diagnosed wet AMD patients.

Last updated: Feb 9, 2026