Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops novel therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic pathways in the United States. The company’s lead drug candidate is Denifanstat, an oral, once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction-associated steatohepatitis. It also develops TVB-3567, a FASN inhibitor for the treatment of acne; and other oncology programs, such as various solid tumor and glioblastoma. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.
MASH Market Promise | Explore denifanstat's potential as a breakthrough oral treatment for nonalcoholic steatohepatitis, positioning Sagimet Biosciences in a competitive landscape |
Financial Tightrope | Delve into Sagimet's financial strategy, balancing a strong cash position against the need for additional funding to advance clinical trials |
Pipeline Expansion | Learn about Sagimet's diversification efforts, including combination therapies and expansion into acne treatment, to broaden its market potential |
Analyst Optimism | Discover why analysts maintain a bullish outlook on Sagimet, with price targets ranging from $5 to $67, despite development timeline challenges |
Metrics to compare | SGMT | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipSGMTPeersSector | |
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P/E Ratio | −4.8x | −1.4x | −0.5x | |
PEG Ratio | 0.37 | −0.03 | 0.00 | |
Price/Book | 2.0x | 0.8x | 2.6x | |
Price / LTM Sales | - | 41.6x | 3.3x | |
Upside (Analyst Target) | 215.2% | 451.3% | 45.1% | |
Fair Value Upside | Unlock | 31.5% | 7.4% | Unlock |