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Foghorn Therapeutics Inc.FHTX
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Overview >
Market Cap
179.24M
Revenue (ttm)
22.60M
Net Income (ttm)
-86.62M
Shares Out
55.61M
EPS (ttm)
-1.58
PE Ratio
n/a
Forward PE
n/a
Dividend
n/a
Ex-Dividend Date
n/a
Volume
39,037
Open
3.260
Previous Close
3.230
Day's Range
3.140 - 3.419
52-Week Range
2.945 - 10.250
Beta
3.16
Analysts
Strong Buy
Price Target
13.17 (+308.63%)
Earnings Date
May 5, 2025
Description >

Foghorn Therapeutics Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of medicines targeting genetically determined dependencies within the chromatin regulatory system.

The company uses its proprietary Gene Traffic Control platform to identify, validate, and potentially drug targets within the system.

It develops FHD-286, a small molecule inhibitor of the enzymatic activity of BRG1 and BRM for the treatment of metastatic uveal melanoma and relapsed and/or refractory acute myeloid leukemia and myelodysplastic syndrome; and FHD-609, a small molecule protein degrader for BRD9 to treat patients with synovial sarcoma.

The company is also developing an enzymatic inhibitor and a protein degrader as selective modulators of BRM; and ARID1B selective modulators for the treatment of ovarian, endometrial, colorectal, bladder, and gastric cancers.

It has a research collaboration and license agreement with Merck Sharp & Dohme Corp. to discover and develop novel oncology therapeutics against a transcription factor target; and Loxo Oncology to create novel oncology medicines.

Foghorn Therapeutics Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts.

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