other material
confidence high
sentiment neutral
materiality 0.80
Tempest explores strategic alternatives for pipeline; repays $3.5M loan with $0.6M exit fee
Tempest Therapeutics, Inc.
- Repaid $3.5M loan in full to Oxford Finance on April 8, 2025; included $0.6M exit fee; agreement terminated.
- Retained MTS Health Partners to evaluate M&A, partnerships, licensing or other transactions.
- Amezalpat (TPST-1120) Phase 3-ready with FDA and EMA interactions; Orphan Drug and Fast Track designations in HCC.
- TPST-1495 received FDA 'Study May Proceed' for Phase 2 in FAP; data expected 2026.
- Company cites unavailable capital markets as reason to seek a strategic partner.