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Stock impact report

Foghorn Therapeutics Provides First Quarter 2024 Financial and Corporate Update

Foghorn Therapeutics Inc. (FHTX) 
Company Research Source: GlobeNewswire
Dose escalation in FHD-286 combination trial in AML continues to progress with clinical data expected in the second half of 2024; potential to be a first-in-class oral broad-based differentiation therapeutic in AML IND filing submitted for FHD-909, a first-in-class oral BRM (SMARCA2) selective inhibitor; Phase 1 trial planned to begin in the second half of 2024 with primary target population in BRG1 mutated non-small cell lung cancer; first BRM selective inhibitor to enter the clinic IND-enabling studies for Selective CBP degrader program on track to begin by year-end 2024 Data presented at AACR support monotherapy activity and first-in-class potential for historically challenging targets including FHD-909, Selective CBP degrader and Selective EP300 degrader programs Cash, cash equivalents, and marketable securities of $206.7 million, as of March 31, 2024, providing cash runway into the first half of 2026 CAMBRIDGE, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- Foghorn® Therapeutics Show less Read more
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