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Stock impact report

Foghorn: Big Pharma Interest, Resolvable Clinical Hold Equals Opportunity [Seeking Alpha]

Foghorn Therapeutics Inc. (FHTX) 
Company Research Source: Seeking Alpha
Alistair Berg/DigitalVision via Getty ImagesFlagship Ventures launched Foghorn Therapeutics Inc. (NASDAQ:FHTXsystem. Foghorn calls this "gene traffic control," a technology that has potential applications in such diverse disease areas as immunology, neurology, oncology, and so on. The technology was developed at Dana Farber Cancer Institute and Stanford University.The company's current focus is on oncology, and big pharma Merck (MRKLLYFoghorn's early stage pipeline consists of two self-owned phase 1 assets in 4 indications, and a number of discovery stage assets, some of them partnered with Loxo Oncology, Eli Lilly's oncology arm. The two phase 1 assets are FHD-286 and FHD-609, targeting AML/MDS, uveal sarcoma and synovial melanoma respectively.The chromatin regulatory systemChromatin is a mix of DNA and proteins formed within the eukaryotic nucleus as chromosomes. These proteins, called histones, form the structural component, while the DNA forms the functional component. Chromatins Show less Read more
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