• $446.0M
    Market Cap
  • 87.05%
    1-Year Change
  • Biotechnology
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 73
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Sagimet Biosciences Announces Appointment of Andreas Grauer, MD, as Chief Medical Officer

Sagimet Biosciences appointed Dr. Andreas Grauer as Chief Medical Officer effective April 20, 2026, replacing retiring Dr. Eduardo Martins who will serve as external scientific advisor. Grauer brings over two decades of biopharmaceutical leadership experience from roles at Omeros, Federation Bio, Corcept Therapeutics, and Amgen. He received an inducement stock option grant valued at $1.34 million as part of his employment compensation.

04/20/2026, 7:00 AM • GlobeNewswire

Sagimet Biosciences Announces Poster and Oral Presentations at the Fueling MASH: Metabolic Drivers and Inflammatory Crosstalk Keystone Symposium and Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Sagimet Biosciences announced presentations of Phase 2b FASCINATE-2 trial data on denifanstat for MASH at the Fueling MASH Keystone Symposium in Vancouver. The data shows that denifanstat-treated MASH patients who were histological responders demonstrated significant reduction in glycine- and taurine-conjugated bile acids, suggesting potential use as a response biomarker. The company also approved an inducement grant of 9,600 stock options to a newly hired employee.

04/06/2026, 7:00 AM • GlobeNewswire

Sagimet Biosciences Announces Participation in Two Upcoming Investor Conferences

Sagimet Biosciences announced that management will participate in two investor conferences in February 2026: the Guggenheim Emerging Outlook Biotech Summit on February 11 and the Oppenheimer 36th Annual Healthcare Life Sciences Conference on February 26. The company is developing FASN inhibitors, with denifanstat meeting primary endpoints in Phase 2b MASH trials and Phase 3 acne trials, while a combination therapy with resmetirom is in Phase 1 testing for cirrhotic MASH patients.

02/05/2026, 7:00 AM • GlobeNewswire

Denifanstat Achieved All Endpoints in the Treatment of Moderate to Severe Acne in Phase 3 Clinical Trial in Acne in China: A Presentation at the 2025 Fall Clinical Dermatology Conference

Sagimet Biosciences reported positive Phase 3 clinical trial results for denifanstat in treating moderate to severe acne in China, with the drug meeting all primary and secondary endpoints and being well-tolerated.

10/24/2025, 7:00 AM • GlobeNewswire

Positive Phase 3 Results for Denifanstat for the Treatment of Moderate to Severe Acne to be Presented at the EADV Congress 2025 by Partner Ascletis

Sagimet Biosciences reported positive Phase 3 clinical trial results for denifanstat, a novel oral medication for treating moderate to severe acne, with significant improvements in lesion reduction and treatment success rates.

09/17/2025, 7:00 AM • GlobeNewswire

Sagimet Biosciences Announces Upcoming Presentations at 9th Annual MASH Drug Development Summit

Sagimet Biosciences will present two oral presentations at the 9th Annual MASH Drug Development Summit, focusing on their FASN inhibitor denifanstat and its potential treatment for metabolic dysfunction associated steatohepatitis (MASH).

09/10/2025, 7:00 AM • GlobeNewswire

Sagimet Biosciences to Participate in the Canaccord Genuity 45th Annual Growth Conference

Sagimet Biosciences will participate in the Canaccord Genuity Growth Conference and has completed a successful Phase 2b clinical trial for denifanstat in treating metabolic dysfunction associated steatohepatitis (MASH). The company has also initiated a Phase 1 trial for a new FASN inhibitor targeting acne treatment.

08/05/2025, 7:00 AM • GlobeNewswire

Peers

Statistics

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Day Range
$6.57
$7.07
$6.79
1-Year Range
$3.63
$10.24
$6.79
Latest Close$6.79
Change
-$0.40 (-5.89%)
Volume923,925
Market Cap$446.0M
Shares Outstanding61.2M
P/E (TTM)-5.43
Diluted EPS (TTM)-$1.34
Enterprise Value$409.4M

Information as of 06/02/2026

Company Profile

SAGIMET BIOSCIENCES INC
https://www.sagimet.com
$446.0M
Market Cap
-$43.5M
Net Income
Sector: Healthcare
Industry: Biotechnology
155 Bovet Road, San Mateo, CA, United States, 94402
650 561 8600

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops novel therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic and fibrotic pathways in the United States. The company's lead drug candidate is Denifanstat, an oral, once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction-associated steatohepatitis, acne, and select forms of cancer. It also develops TVB-3567, a FASN inhibitor for the treatment of acne indication; and other oncology programs, such as solid tumor and glioblastoma. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.

Key Executives

  • David A. Happel
  • Elizabeth Rozek
  • Andreas Grauer
  • Eduardo Bruno Martins DPhil
  • Thierry Chauche

Current Ownership Distribution

  • Institutions85.6M (64.85%)
  • Mutual Funds38.9M (29.46%)
  • Insiders7.5M (5.69%)
  • Other0 (0.00%)