Momentum Shift: Biomea Unveils Promising Type 2 Diabetes Study Data for BMF-219
- June 24th, 2023
- 239 views
Biomea Fusion, Inc. (Nasdaq: BMEA) shared new clinical data from its ongoing Phase II study (COVALENT-111) evaluating BMF-219, an oral covalent menin inhibitor, in patients with type 2 diabetes (T2D).
T2D is a chronic metabolic disorder characterized by high blood sugar levels due to insulin resistance and inadequate insulin production. The data demonstrated positive results in glycemic control even after therapy cessation, indicating the potential disease-modifying effects of BMF-219.
The drug targets beta cell loss, a crucial factor in the development of both type 2 and type 1 diabetes. BMF-219 exhibited three modes of action in pre-clinical studies: beta cell regeneration, reactivation, and preservation.
The observed increase in C-peptide levels post-treatment cessation marks a significant milestone in diabetes treatment. Biomea Fusion plans to further explore the drug's impact by evaluating additional dose levels and durations in a larger patient population.
On Friday, $BMEA closed at $30.67, experiencing a decrease of $1.92 (-5.89%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Micron Technology, Jabil, and Birkenstock Earnings Preview: What to Expect
December 15th, 2024Upcoming Earnings: Synopsys, AeroVironment, and nCino in Focus
December 01st, 2024Countdown to Earnings: Salesforce, Marvell Technology, and Okta Take the Stage
December 01st, 2024Fluence Energy, Agilent Technologies, and Woodward Earnings On Deck: A Preview
November 24th, 2024Earnings Preview: Walt Disney, Applied Materials, and Celcuity Take Center Stage
November 11th, 2024
Member Login