Company Sagimet Biosciences Inc.

Equities

SGMT

US7867001049

Biotechnology & Medical Research

End-of-day quote Nasdaq 03:30:00 28/05/2024 am IST 5-day change 1st Jan Change
5.17 USD +7.26% Intraday chart for Sagimet Biosciences Inc. +10.00% -4.61%

Business Summary

Sagimet Biosciences Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing therapeutics called fatty acid synthase (FASN) inhibitors that target dysfunctional metabolic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. The Company's lead drug candidate, denifanstat, is an oral, once-daily pill and the selective FASN inhibitor in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH). In addition to MASH, the Company is evaluating denifanstat in acne and in select forms of cancer, disease areas in which dysregulation of fatty acid metabolism also plays a key role. Denifanstat is being tested in a Phase III clinical trial for moderate to severe acne vulgaris, and a Phase III trial for recurrent glioblastoma multiforme (GBM) in combination with bevacizumab.

Number of employees: 9

Sales per Business

USD in Million2022Weight2023Weight Delta
Therapeutics for the Treatment of Non-alcoholic Steatohepatitis and Other Diseases
100.0 %
0 nan % 2 100.0 % -

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
0 nan % 2 100.0 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 62 24/22/24
Chairman 63 15/11/15
Compliance Officer 53 01/23/01
Chief Tech/Sci/R&D Officer - 01/13/01
Chief Tech/Sci/R&D Officer 61 01/21/01
Director/Board Member 61 30/10/30
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 01/07/01
Director/Board Member 57 01/15/01
Director/Board Member 60 01/21/01
Chief Executive Officer 62 24/22/24
Director/Board Member 61 01/19/01
Chairman 63 15/11/15
Director/Board Member 61 30/10/30
- -
- -
- -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 1,520,490 0 0 81.64 %
Stock B 1 30,393,397 26,054,281 ( 85.72 %) 0

Shareholders

NameEquities%Valuation
Point72 Asset Management LP
8.774 %
2,666,784 8.774 % 10 M $
NEA Management Co. LLC
6.581 %
2,000,275 6.581 % 8 M $
BlackRock Advisors LLC
6.483 %
1,970,605 6.483 % 8 M $
Kleiner Perkins Caufield & Byers LLC
6.249 %
1,899,475 6.249 % 7 M $
Blue Owl Healthcare Opportunities Advisors LLC
5.507 %
1,673,877 5.507 % 7 M $
Jinzi Wu
5.444 %
1,654,701 5.444 % 6 M $
Baker Bros. Advisors LP
4.547 %
1,381,898 4.547 % 5 M $
Vanguard Fiduciary Trust Co.
3.749 %
1,139,407 3.749 % 4 M $
JPMorgan Investment Management, Inc.
3.696 %
1,123,307 3.696 % 4 M $
Alyeska Investment Group LP
3.613 %
1,098,213 3.613 % 4 M $

Company contact information

Sagimet Biosciences, Inc.

155 Bovet Road Suite 303

94402, San Mateo

+650-561-8600

http://www.sagimet.com
address Sagimet Biosciences Inc.(SGMT)
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