Forte Biosciences, Inc. (FBRX)
Summary
FBRX Stock Rallies 78% on Positive Early-Stage Vitiligo Study Data
Forte Biosciences stock soars after early-stage data show FB102 significantly improves facial depigmentation in vitiligo with a favorable safety profile.
Forte Biosciences' FB102 Hits Key Goal in Vitiligo Study, Shows Durable Improvement
Forte Biosciences NASDAQ: FBRX said FB102 showed statistically significant improvement in a small placebo-controlled vitiligo study, with Chief Executive Officer Paul Wagner highlighting continued improvement after patients stopped treatment as a key feature of the results.
Forte Biosciences: FB102 Is Becoming A Platform Story, Not A Single-Indication Bet
Forte Biosciences (FBRX) offers upside as FB102 demonstrates efficacy in both celiac disease and vitiligo, suggesting platform potential beyond a single indication. FB102's mechanism targets CD122, modulating key immune pathways, with placebo-controlled data showing 21.7% F-VASI benefit in vitiligo and histologic protection in celiac disease. FBRX holds a pro forma cash position of ~$220M post-financing, providing 11–12 quarters of runway to advance Phase II/III trials across multiple autoimmune indications.
Forte Biosciences, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Kevin Roan Stempoint Capita LLP | 58,020 | $1.5M | $2.6M | $1.1M | 73.17% |
| NCG Noah C Goldberg Jain Global LLC | 15,597 | $425,330.2 | $662,872.5 | $237,542.3 | 55.85% |
 REAP Financial Group LLC REAP Financial Group LLC | 3 | $17 | $139.54 | $122.54 | 720.82% |
 Yuen Man Lee Persistent Asset Partners Ltd. | 6,744 | $183,908.6 | $311,539.08 | $127,630.48 | 69.4% |
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Forte Biosciences, Inc. Profile
| Biotechnology Industry | Healthcare Sector | Paul A. Wagner CEO | NASDAQ (CM) Exchange | 34962G208 CUSIP |
| US Country | 22 Employees | 16 Jun 2020 Last Dividend | 28 Aug 2024 Last Split | - IPO Date |
