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Friday, August 5, 2022

Forma Therapeutics business update

 Announced analyses from Phase I study of etavopivat in sickle cell disease indicated reduction of reported pain-related adverse events, supporting potential to reduce vaso-occlusive crises

Recently entered into an exclusive license agreement with Rigel Pharmaceuticals, Inc. for olutasidenib, a mutant IDH1 inhibitor for the potential treatment of relapsed or refractory acute myeloid leukemia

Highlighted progress across portfolio at inaugural Research and Development (R&D) Day

Appointed new members of Executive Team to prepare for growth in late-stage clinical development and commercialization

Cash balance of $395.9 million positions company with runway through the third quarter of 2024

https://finance.yahoo.com/news/forma-therapeutics-reports-second-quarter-110000892.html

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