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Thursday, March 7, 2024

Foghorn Financial Update for 2023 and 2024 Strategic Outlook

 Dose escalation in FHD-286 combination study in AML continues to progress; clinical data anticipated in the second half of 2024

• FHD-909, a first-in-class BRM selective inhibitor, selected for clinical development by partner Lilly; preclinical data to be presented at AACR with IND planned for the second quarter, primary target patient population in non-small cell lung cancer

• Selective CBP and EP300 degrader preclinical data to be presented at AACR; IND-enabling studies for CBP degrader program planned to begin by end of 2024

• Foghorn anticipates at least six new INDs targeting significant oncology patient populations over the next four years, reflecting the continued productivity of its precision medicine platform

• Cash, cash equivalents, and marketable securities of $234.1 million, as of December 31, 2023, provide cash runway into the first half of 2026


https://www.biospace.com/article/releases/foghorn-therapeutics-provides-financial-update-for-2023-and-2024-strategic-outlook/

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