initial public offerings (IPOs) trading on American exchanges
Showing posts with label FULC. Show all posts
Showing posts with label FULC. Show all posts

Thursday, September 12, 2024

Fulcrum Therapeutics (FULC) : Topline Results from Phase 3 REACH Clinical Trial of Losmapimod in Facioscapulohumeral Muscular Dystrophy (FSHD)

Losmapimod failed to show an improvement in relative surface area (RSA), a measure of reachable workspace (RWS), versus placebo at week 48 

― Fulcrum to suspend future losmapimod development 

― Robust cash position enables Fulcrum to continue its mission to develop therapies addressing diseases of high unmet need including pociredir for the treatment of sickle cell disease (SCD)
 
 
 
 
 
 



Fulcrum Therapeutics is a biopharmaceutical company that focuses on developing small molecule therapies to treat rare diseases. The company was founded in Cambridge, Massachusetts in July 2016 by Third Rock Ventures.
It went public on July 17, 2019.

About the REACH Trial
REACH (NCT05397470) is a Phase 3 multi-center, randomized, double-blind, placebo-controlled trial designed to evaluate the efficacy and safety of losmapimod for the treatment of FSHD. The trial enrolled 260 patients who were randomized 1:1 to receive either losmapimod, administered orally as a 15 mg tablet twice a day, or placebo over a 48-week treatment period. The primary endpoint was the absolute change from baseline in Reachable Workspace (RWS). Secondary endpoint measurements included Muscle Fat Infiltration (MFI) as measured by MRI, shoulder abductor strength as measured by hand-held dynamometry, Patient Global Impression of Change (PGIC), and the Neuro QoL Upper Extremity.

About FSHD
FSHD is a serious, rare, progressive and debilitating disease for which there are no approved treatments. It is characterized by fat infiltration of skeletal muscle leading to muscular atrophy involving primarily the face, scapula and shoulders, upper arms, and abdomen. Impact on patients includes relentless and accumulating muscle and functional loss impacting their ability to perform activities of daily living, loss of upper limb function, loss of mobility and independence, and chronic pain. FSHD is one of the most common forms of muscular dystrophy and has an estimated patient population of 30,000 in the United States alone.

Monday, January 13, 2020

IPOs this week : Jan 13 - 17, 20

IPOs expected to price
The IPO market slowly starts to heat up again with Phoenix Tree (DNK), Velocity Financial (VEL), I-Mab (IMAB) and Lizhi (LIZI) all expected to price. The four IPOs are on the smaller size, with only real estate finance player Velocity Financial expected to bring in more than $130M.

IPO quiet period expirations
There are also quiet period expirations on Monopar Therapeutics (NASDAQ:MNPR) and Indonesia Energy (INDO) to track.

IPO lockup expirations
IPO share lockup periods expire for

  • DouYu International (NASDAQ:DOYU), Assetmark Financial (NYSE:AMK), Phreesia (NYSE:PHR), Mirum Pharmaceuticals (NASDAQ:MIRM) and Fulcrum Therapeutics (NASDAQ:FULC) on January 14 as well as 
  • Intercorp Financial (NYSE:IFS), Medallia (NYSE:MDLA), Afya (NASDAQ:AFYA) and Innate Pharma (NASDAQ:IPHA) on January 16.

Monday, August 12, 2019

IPOs this week : Aug 12 - 16, 19 (wk 33)

IPOs expected to price during the week include:
  • BioVie (OTCQB:BIVI) on August 12 and 
  • CrossFirst Bankshares (CFB) on August 14:  Kansas corporation and registered bank holding company with total assets of $4.5 bln [Planning to offer 7.11 mln shares between $15.00-17.00]
9F (NYSE: JFU): Leading digital financial account platform integrating and personalizing financial services in China [Planning to offer 8.9 mln ADS between $7.50-9.50]

WiMi Hologram Cloud (Nasdaq: WIMI): Provider of augmented reality-based holographic services and products [Planning to offer 4 mln shares between $7.50-9.50]

IPO quiet period expirations
  • Phreesia (NYSE:PHR), DouYu (NASDAQ:DOYU), Owl Rock Capital (NYSE:ORCC), Mirum Pharmaceuticals (NASDAQ:MIRM), Fulcrum Therapeutics (NASDAQ:FULC), Genmab (NASDAQ:GMAB), Assetmark Financial (NYSE:AMK) and First Seacoast Bancorp (FSEA) on August 12
  • Medallia (NYSE:MDLA), Afya (NASDAQ:AFYA) and Intercorp Financial (IFS) on August 13. 
IPO lockup expirations
  • There are also IPO expirations for TCR2 Therapeutics (NASDAQ:TCRR), Intercorp Financial (IFS) and Avedro (NASDAQ:AVDR) on August 13.

Sunday, July 14, 2019

IPOs this week : July 15 - 19, 19

A busy week is set up for the IPO market with

  • DouYu International (DOYU) pricing on July 17 and 
  • Genmab (OTCPK:GMXAY), Assetmark Financial (AMK) Phreesia (PHR), Fulcrum Therapeutics (FULC) and Mirum Pharmaceuticals (MIRM) on July 18. 
  • Medallia (MDLA) and Afya (AFYA) are also due to price on July 19. 

Quiet period expirations arrive on
  • Stoke Therapeutics (NASDAQ:STOK), Grocery Outlet (NASDAQ:GO), Personalis (NASDAQ:PSNL), Akero Therapeutics (NASDAQ:AKRO), Atreca (NASDAQ:BCEL) and Prevail Therapeutics (NASDAQ:PRVL) on July 15. 
Expect to hear some discussion about Anheuser-Busch InBev (NYSE:BUD) on the likelihood of the beer giant refiling the Budweiser Brewing Company (BUDBC) IPO if market conditions in Hong Kong improve or if the company will move forward with its heavy debt load.