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FibroGen Inc - FGEN STOCK NEWS

Welcome to our dedicated news page for FibroGen (Ticker: FGEN), a resource for investors and traders seeking the latest updates and insights on FibroGen.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FibroGen's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FibroGen's position in the market.

Rhea-AI Summary
FibroGen, Inc. (NASDAQ: FGEN) announces positive topline data from the Phase 1 study of FG-3246, an anti-CD46 antibody drug conjugate, in metastatic castration-resistant prostate cancer patients. Key findings include a median radiographic progression free survival of 8.7 months, PSA50 response in 36% of patients, and a radiographic objective response rate of 20%. The company plans to initiate Phase 2 trials in the second half of 2024.
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End-of-Day
-31.94%
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Rhea-AI Summary
FibroGen, Inc. (FGEN) CEO to present at Needham Healthcare Conference, offering virtual one-on-one meetings with investors. Event details, webcast link, and replay information provided.
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End-of-Day
-7.58%
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conferences
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Rhea-AI Summary
FibroGen, Inc. appoints Dr. Deyaa Adib, an experienced oncology leader, as Senior Vice President & Chief Medical Officer. His extensive background in oncology drug development will drive the company's oncology pipeline forward, focusing on bringing novel cancer therapies to patients in need.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
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management
Rhea-AI Summary
FibroGen, Inc. (FGEN) reports positive financial results for FY 2023, with a 5% increase in total net revenue. The company anticipates topline data from pivotal pancreatic cancer trials in 2Q 2024 and additional data from a Phase 1 study in 1Q 2024. FibroGen also regains rights to roxadustat from AstraZeneca in certain territories, showing robust volume growth in China. The company's cost reduction plan has been successful, with a cash runway into 2026.
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Rhea-AI Sentiment
End-of-Day
14.59%
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Rhea-AI Summary
FibroGen terminates U.S./RoW roxadustat collaboration agreement with AstraZeneca, retains rights outside China. FibroGen to explore licensing opportunities for roxadustat. Roxadustat remains a leader in China for CKD anemia treatment.
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Rhea-AI Sentiment
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14.59%
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Rhea-AI Summary
FibroGen, Inc. (FGEN) to announce Q4 and full year 2023 financial results on February 26, 2024. Conference call scheduled to discuss corporate and financial performance.
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Rhea-AI Sentiment
End-of-Day
-17.81%
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conferences earnings
Rhea-AI Summary
FibroGen, Inc. (NASDAQ: FGEN) will host a virtual KOL investor event featuring discussions on the clinical development program for pamrevlumab and FG-3246, potential first-in-class monoclonal antibodies targeting CTGF for pancreatic cancer treatment and CD46 targeting ADC for mCRPC, respectively. The event will provide information on the mechanism of action, pre-clinical and Phase 1/2 data, and ongoing trials for both treatments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.87%
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conferences
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Rhea-AI Summary
FibroGen, Inc. (NASDAQ: FGEN) announced the completion of the pamrevlumab experimental arm in the Pancreatic Cancer Action Network's Precision PromiseSM Phase 2/3 adaptive platform trial. The topline data from this registration study is anticipated in the second quarter of 2024. Pamrevlumab achieved a protocol pre-specified ≥ 35% predictive probability of success for the primary endpoint of overall survival at the completion of the trial and graduated to the second and final stage of the trial in the third quarter of 2022. This marks a significant milestone in potential new therapy for patients with metastatic pancreatic cancer.
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Rhea-AI Sentiment
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13.4%
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Rhea-AI Summary
FibroGen, Inc. (FGEN) presented efficacy and safety data from the MATTERHORN Phase 3 clinical study of roxadustat for the treatment of anemia in patients with lower risk transfusion-dependent myelodysplastic syndromes (MDS) at the 65th American Society of Hematology (ASH) Annual Meeting and Exposition. The results showed a larger percentage of patients achieved transfusion independence with roxadustat vs. placebo in patients with higher transfusion burden. Roxadustat, an oral hypoxia-inducible factor prolyl hydroxylase inhibitor, demonstrated potential as an important new therapy for this patient population. The presentation was selected for the '2024 Highlights of ASH'.
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Rhea-AI Summary
FibroGen, Inc. reported a 155% YoY increase in net revenue for Q3 2023, reaching $40.1 million. The company's roxadustat sNDA was accepted in China for chemotherapy-induced anemia. They achieved robust roxadustat volume growth of 37% in China. FibroGen also successfully implemented a cost reduction plan, resulting in an expected reduction of total annualized expenses of $120 million. The company expects to obtain data read-outs from two late-stage pancreatic cancer trials in 1H 2024.
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Rhea-AI Sentiment
End-of-Day
-1.25%
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FibroGen Inc

Nasdaq:FGEN

FGEN Rankings

FGEN Stock Data

134.33M
82.99M
6.37%
71.45%
5.6%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
US
San Francisco

About FGEN

fibrogen is a research-based biopharmaceutical company focused on the discovery, development and commercialization of novel therapeutics to treat serious unmet medical needs. the company has built upon its extensive research experience in fibrosis and hypoxia-inducible factor (hif) biology to generate clinical programs targeting multiple therapeutic areas. fibrogen's most advanced product candidate, roxadustat (fg-4592), is an oral small molecule inhibitor of hif prolyl hydroxylases (hif-phs), in phase 3 clinical development for the treatment of anemia in chronic kidney disease (ckd). our second product candidate, fg-3019, is a monoclonal antibody in phase 2 clinical development for the treatment of idiopathic pulmonary fibrosis (ipf), pancreatic cancer and liver fibrosis. for more information please visit: www.fibrogen.com.