Recent Updates
Recently added Catalysts
FDMT Positive Sentiment

4DMT shares pipeline progress and the appointment of new CSO and SAB board members

Key Takeaway: 4D Molecular Therapeutics (4DMT) has announced updates on its clinical pipeline, including expected timelines for trials involving treatments for wet AMD, DME, and geographic atrophy. The company plans to release critical datasets in 2024 and has appointed a new Chief Scientific Officer. Additionally, 4DMT's Phase 2 trials have received regulatory designations that may expedite their development.
Price reaction · baseline $26.35 (2024-02-08T15:22:00.000Z) · hit during market hours · 2 other FDMT headline(s) in the window, move may be shared
day 0 close · peak
+2.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • 4DMT has made significant progress in clinical trials for various retinal diseases.
  • The company anticipates important data releases and trial initiations in 2024.
  • New appointments to the executive team may enhance strategic direction.

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

Updates include expected timelines for trials for the treatment of wet AMD, DME, GA, and inherited retinal diseases.
4D Molecular Therapeutics (4DMT) has shared clinical pipeline progress, updates to near-term milestones, and organizational updates as the company looks ahead to 2024. The updates included expected timelines for trials of 4D-150 for Wet AMD and DME as well as 4D-175 for geographic atrophy. The company also noted the progress expected for 4D-110 for Choroideremia and 4D-125 for X-Linked Retinitis Pigmentosa.
David Kirn, MD, Co-founder and Chief Executive Officer of 4DMT summarized 2023 and noted the company’s intended progress for the coming year in his statement. In the news release 1 he said, “2023 was a landmark year for 4DMT, highlighted by rapid enrollment for 4D-150 in wet AMD and DME, strong CFTR protein expression data for 4D-710 in lungs of people with CF, multiple value-generating business development partnerships, and key additions to the Executive Team. Looking forward to 2024, we plan to release multiple important datasets from our lead programs in wet AMD, DME and CF. We also plan to share guidance on the design and timing of Phase 3 clinical trials. In addition, we expect to initiate clinical development of 4D-175 in geographic atrophy by the second half of the year. By the end of 2024, we intend to progress clinical development in four large market diseases, positioning us well in our strategy to become a fully integrated large market genetic medicines company.”
4D-150 for Wet AMD According to the company's press release 1 , phase 2 PRISM Clinical Trial has a randomized Dose Expansion arm (N=50) in advanced high treatment need patients. Initial interim 24-week landmark data on this arm is set to be presented at the Angiogenesis, Exudation, and Degeneration 2024 Conference on Saturday, February 3, 2024, followed by a corporate webcast with details to be announced at a future date.
The Phase 2 PRISM clinical trial also has a population extension arm (N≤45) in broad population (non-advanced, standard treatment-need).Enrollment update for this arm is expected in Q1 2024 and an initial interim 24-week landmark data analysis is expected in H2 2024.
The Phase 2 PRISM trial received both RMAT and PRIME in Q4 2023, increasing the collaboration between the FDA and EMA on regulatory approval planning, in addition to the opportunity for expedited product development.
An update on Phase 3 trial plans expected in February 2024 along with the interim randomized Phase 2 PRISM trial data.
4D-150 for DME
The Phase 2 SPECTRA clinical trial: Part 1 is at the dose confirmation stage and completed enrollment in Q4 2023. 4DMT expected Initial interim 24-week landmark data in H2 2024. 1
4D-175 for Geographic Atrophy
The company expected to file an IND with the FDA in Q2 2024. Phase 1 for this treatment is currently planned in H2 2024. 1
Rare Inherited Retinal Disorders : 4D-110 for Choroideremia and 4D-125 for X-Linked Retinitis Pigmentosa
All enrolled patients are expected to reach 24 months of follow-up in 2024. The company plans to assess the magnitude and durability of key imaging and functional endpoint changes in evaluable patients. Updates on this program will likely be shared in 2024. 1
The appointment of a new Chief Scientific Officer (CSO) and Scientific Advisory Board (SAB)
In addition to the pipeline updates provided in the news release, 4DMT has appointed Noriyuki (Nori) Kasahara, MD, PhD, as Chief Scientific Officer after previously serving as a member of 4DMT’s Board of Directors and chaired the Board’s Science & Technology Committee from September 2022 to December 2023. 1
4DMT has also formed a scientific advisory board (SAB) whos members include key opinion leaders in AAV gene therapy, immunology, and core 4DMT therapeutic areas. More details on the 4DMT board members can be found on the SAB section of the 4DMT website.
Reference:
• 4DMT Highlights Recent Clinical Pipeline Progress, Near-Term Milestones and Organizational Updates. 4D Molecular Therapeutics. January 4, 2024. Accessed January 5, 2024. https://www.globenewswire.com/news-release/2024/01/04/2803939/0/en/4DMT-Highlights-Recent-Clinical-Pipeline-Progress-Near-Term-Milestones-and-Organizational-Updates.html

Newsletter

Keep your retina practice on the forefront—subscribe for expert analysis and emerging trends in retinal disease management.

Related Content

Redefining the possible: MCO-010’s 3-year retinal data

Could FLIO predict how fast geographic atrophy will grow?

Vaccinated patients show markedly lower risk of new-onset idiopathic uveitis

Revakinagene taroretcel-lwey for MacTel: Charles Wykoff, MD, PhD, on a year of real-world experience

Detecting peripheral retinal lesions in children with myopia

Latest CME

Retina Updates in Montréal

July 16-17, 2026

PER Global Perspectives: The TROP2-Targeted ADC Landscape in NSCLC and How to Interpret the Evidence

Solange Peters, MD, PhD; Benjamin P. Levy, MD; Tony S.K. Mok, MD, BMSc, FRCP(C), FRCP(Edin), FHKCP, FHKAM(Medicine), FASCO; Maurice Pérol, MD

PER Global Perspectives: Differentiating and Managing Toxicities with TROP2-Targeted ADCs in NSCLC Through Multidisciplinary Pathways

Solange Peters, MD, PhD; Stephanie McDonald, FNP-BC, AOCNP; Antonio Passaro, MD, PhD; Jacob Sands, MD

Rapid Reviews in Retina™: Emerging Updates from Spring 2025—Addressing the Wealth of New Data in Treatments for Neovascular Retinal Disease

SriniVas Sadda, MD, FARVO; Nathan Steinle, MD

Interventional Dry Eye: A Stepwise Treatment & Management Approach

Mark Schaeffer, OD, FAAO; Mile Brujic, OD, FAAO; Nate Lighthizer, OD, FAAO, FAAOMS; Selina R. McGee, OD, FAAO

(CME Track) Rapid Reviews in Retina™: Emerging Updates from Summer 2025—Addressing the Wealth of New Data in Treatments for Neovascular Retinal Disease

Mark R. Barakat, MD, FASRS; David Eichenbaum, MD, FASRS

(CME Track) Community Collaborative Connections™: Optimizing the Collaborative Care of Neovascular Retinal Disease in a New Age of Treatment

Dilsher Dhoot, MD, FASRS; Jordana G. Fein, MD, MS; Deep Parikh, MD; Xiao-Yi (Ellie) Zhou, MD

(CME Track) The Evolution of MacTel Management: Integrating Neuroprotective Therapies Into Clinical Practice

Dante Pieramici, MD, FASRS; Dean Eliott, MD; Robin A. Vora, MD; Charles C. Wykoff, MD, PhD, FASRS

(CME Track) Collaborating Across the Continuum™: Best Practices in Patient-Centric Team Management of XLRP

Ramiro Maldonado, MD; Rebecca Nelson, MS, CGC; Robert A. Sisk, MD, FACS, FASRS

(CME Track) A Forward Look at Anti-VEGF Therapies: A Paradigm Shift in Neovascular Retinal Disease Management

David Almeida, MD, PhD, MBA; Margaret A. Chang, MD, MS; Arshad M. Khanani, MD, MA, FASRS; Jessica Randolph, MD

Navigating Advances in Neovascular Retinal Disease: Translating Evidence to Practice in AMD, DME, and RVO

SriniVas R. Sadda, MD, FARVO; Mark R. Barakat, MD, FASRS; David A. Eichenbaum, MD, FASRS

(CME Track) Beyond the Collarette: Empowering Patients in the Management of Demodex Blepharitis

Stephen C. Pflugfelder, MD; Cecelia Koetting, OD, FAAO, DipABO

Rapid Reviews in Retina™: Emerging Updates from Fall 2025—Addressing the Wealth of New Data in Treatments for Neovascular Retinal Disease

John Kitchens, MD; Michael W. Stewart, MD

Bridging Regional Challenges in Retinal Disease Management: Applying Advanced Anti-VEGF Therapy in Community Practice - California

Dilsher S. Dhoot, MD, FASRS

Bridging Regional Challenges in Retinal Disease Management: Applying Advanced Anti-VEGF Therapy in Community Practice - NYC Metro

Deep Parikh, MD

When Mites Meet Their Match: Empowering Patients With Targeted Treatment for 𝘋𝘦𝘮𝘰𝘥𝘦𝘹 Blepharitis

Mile Brujic, OD, FAAO; Pierce Kenworthy, OD, FAAO; Blair Lonsberry, MS, OD, MEd, FAAO

The Presbyopia-Correcting and Toric IOL Playbook: Game-Changing Surgical Strategies to Enhance Patient Outcomes

Uday Devgan, MD, FACS, FRCS

Bridging Regional Challenges in Retinal Disease Management: Applying Advanced Anti-VEGF Therapy in Community Practice - Florida

Carl J. Danzig, MD, FASRS

Trending on Modern Retina

Revakinagene taroretcel-lwey for MacTel: Charles Wykoff, MD, PhD, on a year of real-world experience

Redefining the possible: MCO-010’s 3-year retinal data

Could FLIO predict how fast geographic atrophy will grow?

Vaccinated patients show markedly lower risk of new-onset idiopathic uveitis

Frequently Asked Questions

What updates did 4DMT provide on its clinical pipeline?

4DMT shared timelines for trials on treatments for wet AMD, DME, and geographic atrophy.

Who was appointed as the new Chief Scientific Officer at 4DMT?

Noriyuki (Nori) Kasahara, MD, PhD, has been appointed as the new CSO.

What is the status of the Phase 2 PRISM trial for 4D-150?

The Phase 2 PRISM trial for 4D-150 is set to present interim data in February 2024.

When does 4DMT expect to file an IND for 4D-175?

4DMT plans to file an IND for 4D-175 in Q2 2024.

What regulatory designations did the Phase 2 PRISM trial receive?

The Phase 2 PRISM trial received both RMAT and PRIME designations in Q4 2023.

Last updated: Feb 8, 2024