Provided By GlobeNewswire
Last update: Mar 11, 2025
TVB-3567 is the Company’s second fatty acid synthase (FASN) inhibitor
First-in-human Phase 1 trial initiation planned in 2025
SAN MATEO, Calif., March 11, 2025 (GLOBE NEWSWIRE) -- Sagimet Biosciences Inc. (Sagimet, Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic and fibrotic pathways, today announced the clearance of its Investigational New Drug (IND) application for TVB-3567, the Company’s second fatty acid synthase (FASN) inhibitor. TVB-3567 is a potent and selective small molecule FASN inhibitor, planned to enter clinical development for the treatment of acne. The IND with the U.S. Food and Drug Administration’s Division of Dermatology and Dentistry allows the Company to initiate a first-in-human Phase 1 clinical trial of TVB-3567, planned in 2025.
Read more at globenewswire.comNASDAQ:SGMT (6/20/2025, 12:53:35 PM)
7.6231
+0.58 (+8.28%)
Find more stocks in the Stock Screener
Keep an eye on the top gainers and losers in Thursday's session, as they reflect the most notable price movements.
As we await the opening of the US market on Wednesday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.