Company intelligence / Profile preview

Biomea Fusion

Redwood City, California, United Statesbiomeafusion.gcs-web.com ↗
Ownership
Public · BMEA
Employees
~103
Development stage
Phase 2
01

Overview

Biomea Fusion’s lead candidate icovamenib (BMF‑219), a covalent menin inhibitor, has shown statistically significant and clinically meaningful reductions in HbA1c at Week 26 in type 2 diabetes patients. The drug was generally well tolerated with a favorable safety profile. However, the FDA placed a full clinical hold on ongoing trials due to potential hepatotoxicity observed at higher doses; most adverse events were mild to moderate. The company plans further engagement with the FDA based on promising efficacy data and aims to resume studies after addressing safety concerns. Oncology programs are being deprioritized as the company pivots toward metabolic diseases.

Therapeutic areas
OncologyEndocrinology
Modalities
Covalent small moleculesOral small molecules
Industry
Biotech
02

Drug pipeline

4 assets

icovamenib

2

3 more assets in the full pipeline.

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03

Partnerships

No major pharmaceutical or biotech partnerships publicly disclosed as of May 2025; exploring partnerships for oncology assets going forward.
04

Financials

Market cap
$133.4M
Total revenue
$0
Enterprise value
$99.4M

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