other material
confidence high
sentiment positive
materiality 0.75
Biomea Fusion presents COVALENT-111 data: up to 1.4% placebo-adjusted HbA1c reduction at Week 26 off therapy
Biomea Fusion, Inc.
- Placebo-adjusted mean HbA1c reduction up to 1.4% at Week 26 after 28-day BMF-219 treatment.
- 100mg and 200mg dose levels selected for expansion phase; 12-week dosing, follow-up to Week 52.
- No serious adverse events or study discontinuations; no symptomatic hypoglycemia.
- Expansion phase enrolling on schedule; initial 26-week data expected 2H24.
- Biomea plans to announce COVALENT-112 T1D update in Q4 2023 earnings release.