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Second Time Charm: Sagimet Biosciences Seeks Public Debut With $75M IPO

On Friday, Sagimet Biosciences, a clinical-stage biopharmaceutical company, filed with the SEC to raise up to $75 million in an initial public offering for the second time. It had previously filed in April 2021 to raise $75 million before withdrawing in March 2022. The company is focused on developing novel therapeutics called fatty acid synthase (FASN) inhibitors targeting dysfunctional metabolic pathways in diseases. The lead drug candidate, denifanstat, is an oral, once-daily pill and selecti

Ocean Biomedical (NASDAQ: OCEA) Extends Patent Rights for Breakthrough Idiopathic Pulmonary Fibrosis Discovery To Europe

Ocean Biomedical (NASDAQ: OCEA) Extends Patent Rights for Breakthrough Idiopathic Pulmonary Fibrosis Discovery To Europe
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Exciting Time for NASH With Resmetirom Phase 3 Results

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