ETNB

89bio Inc ETNB

Market Closed
16 May, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
8. 97
-0.23
-2.5%
$
877.97M Market Cap
- P/E Ratio
0% Div Yield
596,700 Volume
-2.07 Eps
$ 9.20
Previous Close
Day Range
8.85 9.26
Year Range
6.58 22.93

ETNB Chart

89bio Inc Profile

Biotechnology Industry
Healthcare Sector
Mr. Rohan Palekar CEO
NASDAQ (NMS) Exchange
US2825591033 ISIN
US Country
70 Employees
- Last Dividend
- Last Split
11 Nov 2019 IPO Date

Overview

89bio, Inc. is a clinical-stage biopharmaceutical company that is at the forefront of developing innovative therapies designed to combat liver and cardio-metabolic diseases. The company, which was founded in 2018, reflects a modern approach to addressing these serious health issues, leveraging cutting-edge science and medical research. Based in San Francisco, California, 89bio is dedicated to transforming the treatment landscape for patients suffering from these conditions, with a focus on nonalcoholic steatohepatitis (NASH) and severe hypertriglyceridemia, among others.

Products and Services

  • Pegozafermin

Pegozafermin stands out as 89bio's leading product candidate, embodying the company's commitment to innovation in treating liver and cardio-metabolic diseases. It is a glycoPEGylated analog of fibroblast growth factor 21 (FGF21), which offers a novel approach to managing conditions characterized by metabolic dysfunction. Pegozafermin is currently under clinical development for two primary applications:

  • Treatment of Nonalcoholic Steatohepatitis (NASH): A serious liver disease characterized by fat accumulation, inflammation, and damage, NASH is a leading cause of cirrhosis and liver failure. Pegozafermin aims to address the underlying metabolic disturbances contributing to NASH, offering hope for patients with this condition.
  • Treatment of Severe Hypertriglyceridemia: This condition is marked by extremely high levels of triglycerides in the blood, increasing the risk of cardiovascular disease. By leveraging the metabolic-regulating properties of FGF21, pegozafermin offers a promising approach to reducing triglyceride levels and thereby mitigating the risk of associated heart conditions.

Contact Information

Address: 142 Sansome Street, San Francisco, CA, United States, 94104
Phone: 415 432 9270