Terns Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops small-molecule product candidates for the treatment of oncology and obesity. The company develops TERN-701, an allosteric BCR-ABL tyrosine kinase inhibitor (TKI) that is in Phase 1 clinical trial for chronic myeloid leukemia (CML), a form of cancer that starts in bone marrow. It also develops TERN-501, a thyroid hormone receptor beta agonist with enhanced liver distribution and metabolic stability that is in Phase IIa clinical trial for the treatment of metabolic dysfunction-associated steatohepatitis (MASH); and TERN-601, a small-molecule Glucagon-Like Peptide-1 receptor agonist program that is intended to orally be administered for obesity, as well as TERN-800 series of small-molecule glucose-dependent insulinotropic polypeptide receptor (GIPR) modulators for obesity. The company was incorporated in 2016 and is headquartered in Foster City, California.
Promising Pipeline | Terns Pharmaceuticals' lead candidates TERN-701 for CML and TERN-601 for obesity show potential in addressing significant unmet medical needs |
CML Treatment Edge | TERN-701 demonstrates favorable efficacy and safety profile in early trials, potentially differentiating it from existing CML treatments |
Obesity Market Entry | TERN-601, an oral GLP-1RA, positions Terns to compete in the expanding obesity treatment market, with Phase 2 trials set for Q2 2025 |
Financial Strength | With $334.3M in cash, funding operations into 2028, and analyst price targets ranging from $14 to $34, Terns shows strong financial positioning |
Metrics to compare | TERN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipTERNPeersSector | |
---|---|---|---|---|
P/E Ratio | −6.9x | −0.9x | −0.6x | |
PEG Ratio | −0.34 | −0.01 | 0.00 | |
Price/Book | 2.1x | 1.8x | 2.6x | |
Price / LTM Sales | - | 1.8x | 3.3x | |
Upside (Analyst Target) | 155.2% | 154.9% | 39.0% | |
Fair Value Upside | Unlock | −0.8% | 4.9% | Unlock |