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FOGHORN THERAP (FHTX)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 48
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Foghorn Therapeutics announced it will present multiple oral and poster presentations at the 2026 AACR Annual Meeting in San Diego. The company will showcase new preclinical data for FHD-909 (LY4050784), a selective SMARCA2 inhibitor developed with Eli Lilly for SMARCA4-mutant cancers, including potential combination opportunities with anti-PD-1 antibodies. Additional presentations will highlight preclinical progress on selective CBP, EP300, and ARID1B degrader programs targeting various cancer types.
04/09/2026, 7:00 AM • GlobeNewswire
Precision Killers: Why Big Pharma is Betting Billions to Beat a $170B Patent Cliff
The precision oncology market is projected to grow from $110 billion to $225.65 billion by 2032, driven by Big Pharma's race to acquire registration-ready assets ahead of a $170 billion patent cliff through 2030. Several biotech companies are advancing promising clinical programs: Oncolytics Biotech strengthened its leadership team for pelareorep development in gastrointestinal cancers; Nurix is executing pivotal studies for its BTK degrader bexobrutideg in chronic lymphocytic leukemia; Erasca reported early clinical data for its pan-RAS molecular glue ERAS-0015; Foghorn raised $50 million for its SMARCA4-targeting program; and ORIC presented strong Phase 1b data for rinzimetostat in prostate cancer.
01/14/2026, 10:52 AM • Benzinga
Foghorn Therapeutics raised $50 million in equity financing from BVF Partners, Deerfield Management, Flagship Pioneering, and a biotech mutual fund. The company reported progress on its Phase 1 trial of FHD-909 (partnered with Eli Lilly) for SMARCA4-mutant cancers, with selective CBP and EP300 degrader programs advancing toward IND filings in 2026. The company maintains a strong balance sheet of $208.9 million, extending cash runway into the first half of 2028.
01/09/2026, 10:20 PM • GlobeNewswire
4DMT Appoints Kristian Humer as Chief Financial Officer
4D Molecular Therapeutics announced the appointment of Kristian Humer as Chief Financial Officer, bringing over two decades of finance and biotechnology experience to support the company's late-stage clinical development and commercial planning.
11/17/2025, 6:00 AM • GlobeNewswire
Foghorn Therapeutics to Participate in Three Upcoming Investor Conferences
Foghorn Therapeutics, a clinical-stage biotechnology company, announced participation in upcoming healthcare conferences and provided an update on its Phase 1 dose escalation trial for FHD-909 targeting SMARCA4 mutated cancers.
08/27/2025, 7:00 AM • GlobeNewswire
Foghorn Therapeutics Provides Second Quarter 2025 Financial and Corporate Update
Foghorn Therapeutics reports progress on its oncology drug development pipeline, including the FHD-909 Phase 1 trial for SMARCA4 mutated cancers and advancing selective degrader programs targeting CBP, EP300, and ARID1B, with a strong cash position of $198.7 million through 2028.
08/05/2025, 7:00 AM • GlobeNewswire
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MoreInformation as of 06/03/2026
Company Profile
Foghorn Therapeutics Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of medicines targeting genetically determined dependencies within the chromatin regulatory system in the United States. The company uses its proprietary Gene Traffic Control platform to identify, validate, and potentially drug targets within the system. It is developing therapies for mutant; non-small cell lung; endometrial, cervical, ovarian, and bladder cancer; and diffuse large B-cell lymphoma, as well as various acute myeloid leukemia and myelodysplastic syndrome. The company has collaboration agreement with Eli Lilly and Company for developing FHD-909, a selective ATPase inhibitor of BRM. The company was incorporated in 2015 and is headquartered in Watertown, Massachusetts.
Key Executives
- Adrian H. Gottschalk
- Steven F. Bellon
- Alfonso Quintas Cardama
- Ryan D. Maynard
- Michael J. LaCascia
Current Ownership Distribution
- Institutions605.0M (89.43%)
- Mutual Funds61.1M (9.03%)
- Insiders10.4M (1.54%)
- Other0 (0.00%)