Biomea Fusion Inc
BMEA
NASDAQ
Biotechnology
$1.32
USD
+0.04 (+3.13%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $92.78M
Volume 425.2K
About Biomea Fusion Inc
Biomea Fusion, Inc. is a biopharmaceutical company, which engages in the discovery, development, and commercialization of covalent small molecule drugs to treat patients with genetically defined cancers and metabolic disorders, such as diabetes. The company is headquartered in San Carlos, California and currently employs 41 full-time employees. The company went IPO on 2021-04-16. A covalent small molecule is a synthetic compound that forms a permanent bond to its target protein. The firm has built its proprietary FUSION System discovery platform to advance a pipeline of small molecule product candidates. Its lead clinical program’s drug candidate, icovamenib, is being developed as an orally bioavailable, and selective covalent inhibitor of menin in two clinical and multiple preclinical studies, investigating icovamenib’s potential in type 1 and type 2 diabetes, as well as its impact in obesity. Its second product candidate BMF-650, is an investigational, oral small-molecule glucagon-like peptide-1 receptor agonists (GLP-1 RA), for the treatment of diabetes and obesity.
CEO
Dr. Michael Hitchcock
HQ
San Carlos, CALIFORNIA, US
Founded
2021
Employees
41
Key Metrics
2 metrics our research team weighs before forming a view on BMEA.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
ROE (TTM)
-268.1%
+139.4 pp
Free Cash Flow (TTM)
$-47.19M
—
Financial Snapshot
Revenue
$0
— YoY
Gross Margin
—
— YoY
Net Income
$-32.54M
+71.0%
YoY
Operating Cash Flow
$-47.19M
+52.9%
YoY
Key Statistics
Open
$1.27
Previous Close
$1.28
Day Range
$1.26 - $1.34
52 Week Range
$0.87 - $2.99
Volume
425.2K
Average Volume (10 Days)
470.0K
Dividend Yield
—
Valuation Measurement
Market Cap
$92.78M
P/E Ratio (TTM)
—
Price / Book
7.64
Financial Highlights
Return on Assets
-88.2%
Return on Equity
-268.1%
Revenue (TTM)
$0
Net Income (TTM)
$-32.54M
Diluted EPS (TTM)
-$0.50
Total Cash (MRQ)
$34.82M
Levered FCF (TTM)
$-47.19M
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Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 02
Est. EPS
Adjusted consensus estimate
-$0.24