other material
confidence high
sentiment positive
materiality 0.60
Biomea Fusion doses first T2D patient in Phase II of BMF-219; Phase I completed
Biomea Fusion, Inc.
- First patient with type 2 diabetes dosed in Phase II portion of COVALENT-111 (Phase I/II) of BMF-219.
- Phase I healthy volunteer portion completed; BMF-219 well tolerated with favorable PK/PD profile.
- BMF-219 is the first menin inhibitor to reach clinic for type 2 diabetes; aims to restore beta cells.
- Initial Phase II data expected in first half of 2023; IND filing with FDA on track for Q4 2022.
- Preclinical data showed BMF-219 ability to restore beta cell mass in animal models of T2D.