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Phase 2 icovamenib T1D data from Biomea Fusion (NASDAQ: BMEA) show 52% C-peptide gain

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Biomea Fusion, Inc. reported topline 52‑week results from its Phase 2 COVALENT‑112 trial of icovamenib in adults with type 1 diabetes. In patients diagnosed within 0–3 years and treated with 200 mg once daily for 12 weeks, mean C‑peptide area under the curve increased by 52% at Week 12 (p<0.001; n=5), indicating a statistically robust rise in endogenous insulin secretion.

After stopping treatment, mean C‑peptide AUC in this cohort showed only about a 7% decline from baseline by Week 52, suggesting durability of effect. Patients with 3–15 years’ disease duration generally preserved C‑peptide through Week 52. Icovamenib was generally well tolerated over the 52‑week observation period, with no new or unexpected safety signals. The company plans a new Phase 2 trial in patients diagnosed within 3 years, testing extended 200 mg dosing for up to 6 or 12 months and exploring combination with an immunosuppressive JAK inhibitor at four U.S. diabetes centers.

Positive

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Insights

Early Phase 2 T1D data show notable beta‑cell activity with durability and a tolerable safety profile.

The COVALENT‑112 trial tested icovamenib, a menin inhibitor, in adults with Stage 3 type 1 diabetes. In the 0–3 year diagnosis cohort on 200 mg for 12 weeks, mean C‑peptide AUC rose 52% at Week 12 with p<0.001 (n=5), a sizeable endogenous insulin signal relative to typical declines in natural history data.

Importantly, after treatment stopped, mean C‑peptide AUC in this group was only about 7% below baseline at Week 52, indicating persistence over a 40‑week off‑therapy period. Patients with 3–15 years’ disease duration showed generally preserved C‑peptide through Week 52. The drug was generally well tolerated with no new or unexpected safety findings over 52 weeks.

The company now plans a Phase 2 trial in patients diagnosed within 3 years, evaluating extended 200 mg dosing for up to 6 or 12 months and combination with a JAK inhibitor at four U.S. academic centers beginning in the second half of the year. Subsequent data from this planned study and the full COVALENT‑112 dataset, including the presentation at the American Diabetes Association Scientific Sessions on June 5, will further clarify icovamenib’s clinical potential in type 1 diabetes.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
C-peptide AUC increase 52% increase Mean change at Week 12 on 200 mg in 0–3 year T1D cohort (n=5, p<0.001)
C-peptide AUC durability 7% decline Approximate change from baseline to Week 52 in 200 mg 0–3 year cohort
Dosing duration 12 weeks on-drug Icovamenib once-daily treatment before 40-week off-therapy follow-up
Follow-up period 40 weeks Post-treatment observation to Week 52 in COVALENT-112
Cohort 1 disease duration 0–3 years Stage 3 T1D patients with screening C-peptide ≥0.2 nmol/L
Cohort 2 disease duration 3–15 years Stage 3 T1D patients with screening C-peptide ≥0.08 nmol/L
Cohort 1 baseline HbA1c 7.4% Mean HbA1c for one reported Cohort 1 subgroup (n=6)
Cohort 1 BMI 25 kg/m² Mean body mass index for one Cohort 1 subgroup (n=6)
C-peptide area under the curve (AUC) financial
"The primary endpoint was the mean change from baseline in stimulated C-peptide area under the curve (AUC)"
mixed-meal tolerance test (MMTT) financial
"measured during a mixed-meal tolerance test (MMTT), to evaluate endogenous insulin secretion"
A mixed-meal tolerance test (MMTT) is a clinical assessment that measures how a person’s body handles a standardized meal by tracking blood sugar and related hormones over several hours. For investors, MMTT results are important because they show whether a diabetes or metabolic drug actually improves real-world digestion and glucose control—data that can influence clinical success, regulatory approval, and a company’s stock value, much like a standardized road test shows a car’s true fuel performance.
Stage 3 T1D financial
"Patients with symptomatic T1D (Stage 3) typically experience substantial declines in C-peptide over time"
clinical hold financial
"Study enrollment and dosing were interrupted in May 2024 due to an FDA clinical hold, which was subsequently resolved"
A clinical hold is an order from a drug or medical-device regulator to stop or suspend a clinical trial or development activity because of safety concerns, inadequate study plans, or incomplete data. Think of it like a referee pausing a game until rules or safety issues are resolved; investors care because a hold can delay approval, increase costs, create uncertainty about a product’s future, and often affects a company’s valuation until the issues are addressed.
menin inhibitor financial
"Icovamenib reduced menin levels to replicate a validated biological process and restore beta cell function"
A menin inhibitor is a type of experimental drug that blocks the action of a protein called menin, which some cancers use to keep growing. Think of it as flipping off a switch that cancer cells rely on to survive; by doing so, these drugs can slow or stop tumor growth. Investors watch menin inhibitors because clinical trial results, regulatory approvals, and market demand determine whether they become valuable cancer treatments and potential revenue drivers.
JAK inhibitor financial
"whether the addition of an immunosuppressive agent enhances clinical outcomes ... Icovamenib + Immune Suppressant (JAK inhibitor)"
A JAK inhibitor is a type of medicine that blocks Janus kinase enzymes, which help cells send signals that drive inflammation and immune activity. By turning down that cellular “volume knob,” these drugs can reduce symptoms in autoimmune diseases and certain blood disorders. Investors watch JAK inhibitors because their effectiveness, safety profile, approval status, and patent position directly affect drug sales, market competition, and regulatory risk for companies developing or selling them.
false 0001840439 0001840439 2026-04-27 2026-04-27
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 27, 2026

 

 

Biomea Fusion, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Delaware   001-40335   82-2520134

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1599 Industrial Road

San Carlos, CA

  94070
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, Including Area Code: (650) 980-9099

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange

on which registered

Common Stock, $0.0001 par value   BMEA   The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 
 


Item 7.01

Regulation FD Disclosure

On April 28, 2026, Biomea Fusion, Inc. (the “Company”) hosted a conference call and live webcast to discuss topline data for its Phase 2 COVALENT-112 study. The Company has made available a slide presentation to accompany the call, a copy of which is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.

The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 8.01.

Other Events

On April 27, 2026, the Company reported positive 52-week results from its Phase 2 COVALENT-112 trial evaluating the efficacy, safety, and tolerability of icovamenib in patients with type 1 diabetes (“T1D”).

Results

The COVALENT-112 trial demonstrated encouraging results in patients with T1D. In patients diagnosed within 0–3 years, treatment with icovamenib 200 mg once daily for 12 weeks resulted in a 52% increase in mean C-peptide area under the curve (AUC) at Week 12 (p<0.001; n=5), representing a magnitude of improvement that is not commonly reported in published studies of T1D.

Importantly, the effect was durable following only 12 weeks of dosing, mean C-peptide AUC was largely preserved through Week 52, representing approximately a 7% decline from baseline. A dose response was observed, with the 200 mg dose demonstrating greater activity compared to 100 mg. Published natural history data suggest that patients with Stage 3 T1D typically experience substantial declines in C-peptide over time, underscoring the significance of preserved C-peptide following only a 12-week dosing period.

In patients with longer-standing disease (3-15 years since diagnosis), C-peptide levels were generally preserved through Week 52 (12-week treatment period + 40-week follow-up), with only a modest decline from baseline. A comprehensive dataset will be presented at the upcoming American Diabetes Association’s (ADA) Scientific Sessions in June.

Icovamenib was generally well tolerated, with no new or unexpected safety signals identified throughout the 52-week observation period. Unlike investigational approaches in T1D that rely primarily on immune suppression or cellular transplantation, icovamenib is designed as a short course, orally administered therapy targeting beta cell biology, with effects that appear to persist beyond the treatment period.

Planned Next Steps

Based on these data, the Company, in collaboration with four U.S. academic centers, is planning a Phase 2 trial in patients with T1D diagnosed within the past 3 years. The study will evaluate whether extended dosing (up to 6 or 12 months) at 200 mg further improves C-peptide and whether the addition of an immunosuppressive agent enhances clinical outcomes. This study is planned to be initiated within the second half of this year at the Barbara Davis Center for Diabetes, Joslin Diabetes Center, UT Health San Antonio Diabetes Center, and the University of Miami Diabetes Research Institute.

Study Design

COVALENT-112 (NCT06152042) was an open-label Phase 2 trial evaluating icovamenib in adult patients with T1D. The study enrolled patients aged 18 to 60 years with Stage 3 T1D, including those diagnosed within 0–3 years with residual beta cell function at baseline, defined by a screening C-peptide level ≥0.2 nmol/L (Cohort 1), as well as a broader population with disease duration of 3–15 years and residual beta cell function at baseline, defined by a screening C-peptide level ≥0.08 nmol/L (Cohort 2). Participants were assigned to receive icovamenib at 100 mg or 200 mg once daily for 12 weeks, followed by a 40-week post-treatment follow-up to assess durability of effect. Study enrollment and dosing were interrupted in May 2024 due to an FDA clinical hold, which was subsequently resolved. As a result, these data reflect approximately half of the originally intended patient population. A planned placebo-controlled Part 2 of the study was not completed.


The primary endpoint was the mean change from baseline in stimulated C-peptide area under the curve (AUC), measured during a mixed-meal tolerance test (MMTT), to evaluate endogenous insulin secretion. Secondary endpoints included additional measures of beta cell function, glycemic control, insulin use, and safety.

Forward-Looking Statements

Statements made or incorporated by reference in this Current Report on Form 8-K may include statements which are not historical facts and are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements may be identified by words such as “aims,” “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will” and variations of these words or similar expressions that are intended to identify forward-looking statements. Any such statements in this Current Report that are not statements of historical fact, including statements regarding the clinical and therapeutic potential of the Company’s product candidates and development programs, including icovamenib and the potential of icovamenib as a treatment for Type 1 and Type 2 diabetes, and the Company’s expectations regarding the optimal dose and target patient population; the Company’s research, development and regulatory plans; the mechanism of action of the Company’s product candidates and development programs; the progress and initiation of the Company’s ongoing and upcoming clinical trials, including its Phase 2 COVALENT-112 trial; the anticipated availability of data from the Company’s clinical trials; the Company’s planned interactions with regulators; and the timing of such events may be deemed to be forward-looking statements. The Company intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act and is making this statement for purposes of complying with those safe harbor provisions.

Any forward-looking statements made or incorporated by reference in this Current Report on Form 8-K are based on the Company’s current expectations, estimates and projections only as of the date of this Current Report on Form 8-K and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements, including the risk that preliminary or interim results of preclinical studies or clinical trials may not be predictive of future or final results in connection with ongoing or future clinical trials and the risk that the Company may encounter delays in preclinical or clinical development, patient enrollment and in the initiation, conduct and completion of the Company’s ongoing and planned clinical trials and other research and development activities. These risks concerning the Company’s business and operations are described in additional detail in its periodic filings with the U.S. Securities and Exchange Commission (the “SEC”), including its most recent periodic report filed with the SEC and subsequent filings thereafter. The Company explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.

 

2


Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit

Number

   Description
99.1    Presentation titled “Icovamenib in Type 1 Diabetes: COVALENT-112 Topline Results,” dated April 28, 2026, furnished herewith.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

3


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

    BIOMEA FUSION, INC.
Date: April 28, 2026     By:  

/s/ Michael J.M. Hitchcock

            Michael J.M. Hitchcock
           

Interim Chief Executive Officer, Director

(Principal Executive Officer)

 

4

Slide 1

COVALENT-112 Topline Results BIOMEA FUSION CONFERENCE CALL 28 APRIL 2026 Icovamenib in Type 1 Diabetes Exhibit 99.1


Slide 2

Certain statements in this presentation and the accompanying oral commentary are forward-looking statements. These statements relate to future events or the future business and financial performance of Biomea Fusion, Inc. (the “Company”) and involve known and unknown risks, uncertainties, and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential” or other comparable terminology. All statements other than statements of historical fact could be deemed forward-looking, including any projections of financial information or profitability, the initiation, timing and results of pending or future preclinical studies and clinical trials, the actual or potential actions of the U.S. Food and Drug Administration (FDA), the status and timing of ongoing research, development and corporate partnering activities, any statements about historical results that may suggest trends for the Company's business; any statements of the plans, strategies, and objectives of management for future operations and any statements of expectation or belief regarding future events, potential markets or market size, or technology developments. The Company has based these forward-looking statements on its current expectations, assumptions, estimates, and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control. For a discussion of these and other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in our most recent annual report on Form 10-K filed with the Securities and Exchange Commission (the SEC), as well as discussions of potential risks, uncertainties, and other important factors in our other subsequent filings with the SEC. The forward-looking statements in this presentation are made only as of the date hereof. Except as required by law, the Company assumes no obligation and does not intend to update these forward-looking statements or to conform these statements to actual results or to changes in the Company's expectations. This presentation also contains estimates and other statistical data made by independent parties and by us relating to market size and growth and other data about our industry. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. In addition, projections, assumptions, and estimates of our future performance and the future performance of the markets in which we operate are necessarily subject to a high degree of uncertainty and risk. Legal disclaimer & forward-looking statements


Slide 3

Type 1 Diabetes and Market Preclinical Validation Investigational Therapies Exploring T1D COVALENT-112 Study Design Cohort 1 (0-3 Years Since Diagnosis) Summary Next T1D Study Planned with Icovamenib (Barbara Davis Center for Diabetes, Joslin Diabetes Center, UT Health San Antonio Diabetes Center and the University of Miami Diabetes Research Institute) Final Remarks Table of contents


Slide 4

Type 1 diabetes at-a-glance ~9.5M ~513K People live with T1D globally in 20251 New diagnoses per year globally in 20251 ~1.8M in the US2 ~64K new diagnoses/year in the US3 T1D is caused by autoimmune destruction of insulin-producing pancreatic islet beta cells T1D is considered a lifelong chronic disease and carries substantial acute risk (severe hypoglycemia, DKA) as well as long-term complications including kidney disease, nerve damage, vision loss, and cardiovascular issues4 Patients with symptomatic T1D (Stage 3) typically lose yearly ~50% of their beta cell capacity over the first 7 years5 There are no approved therapies other than exogenous insulin that address the dysglycemia associated with the progressive decline of C-peptide in Stage 3 T1D 6 Ogle, et al. Diabetes Research and Clinical Practice 2025, 225, 112277 Centers for Disease Control and Prevention. National Diabetes Statistics Report, 2023 Mayer-Davis et al., NEJM / CDC updates American Diabetes Association. Standards of Care in Diabetes—2025 Diabetes Care. 2018 Jun 7;41(7):1486–1492 Front. Endocrinol., 05 November 2024


Slide 5

T1D Disease and Market Preclinical Validation Investigational Therapies Exploring T1D COVALENT-112 Study Design Cohort 1 (0-3 Years Since Diagnosis) Summary Next T1D Study Planned with Icovamenib (Barbara Davis Center for Diabetes, Joslin Diabetes Center, UT Health San Antonio Diabetes Center and the University of Miami Diabetes Research Institute) Final Remarks Table of Contents


Slide 6

Physiologic evidence Natural states such as pregnancy and lactation reduce menin, enabling beta cell expansion and increased insulin output Preclinical and translational validation Across animal models and human islet studies, reduced menin is consistently linked to improved beta-cell mass and function Icovamenib MOA Icovamenib reduced menin levels to replicate a validated biological process and restore beta cell function Karnik SK, et al. Science. 2007;318:806-809 Lowering menin is a natural biological process that drives beta cell expansion and is expected to reduce diabetes risk


Slide 7

ORAL GLUCOSE TOLERANCE TEST (DAY 17) Icovamenib significantly reduced blood glucose in STZ rats (a model in which only insulin decreases blood glucose levels) STZ TREATMENT TYPICALLY RESULTS IN ~50% BETA CELL LOSS Icovamenib (175mg/kg) (insulin desensitizer) (menin inhibitor) STZ=Streptozotocin, an antibiotic that produces pancreatic islet beta cell destruction and is widely used experimentally to produce a model in diabetes Butler, eta al. Diabetologia 65 (Suppl 1), 1–469 (2022) presentation #197


Slide 8

Icovamenib decreased menin protein levels & promoted beta cell proliferation in ex vivo human islet cultures MENIN LEVELS DECREASED ICOVAMENIB CONDITIONALLY PROMOTED BETA CELL PROLIFERATION ONLY UNDER HYPERGLYCEMIC CONDITIONS Standard Glucose (5.5 mM) High Glucose (8 mM) Frias, et al. Metabolism,Vol153, Supplement,2023,#88 Somanath, et al. Diabetologia 68 (Suppl 1), 1–754 (2025). Oral presentation #66


Slide 9

Preclinical Validation T1D Disease and Market Investigational Therapies Exploring T1D COVALENT-112 Study Design Cohort 1 (0-3 Years Since Diagnosis) Summary Next T1D Study Planned with Icovamenib (Barbara Davis Center for Diabetes, Joslin Diabetes Center, UT Health San Antonio Diabetes Center and the University of Miami Diabetes Research Institute) Final Remarks Table of contents


Slide 10

Treatment Landscape: Limitations of current approaches in stage 3 T1D Most investigational therapies in T1D focus on immune modulation to slow autoimmune destruction or on preserving residual beta cell function1 C-peptide area under the curve (AUC) has become the accepted endpoint, driving enrollment early after diagnosis (<90 days, new-onset T1D) to preserve residual beta-cell function2 To date, most investigational therapies have not demonstrated durable restoration of beta cell function or sustained increases in C-peptide, outside of cell-based transplantation approaches3 The Next Frontier: Restoring beta cell function and mass, beyond only slowing the decline of C-peptide Expanding the treatment window beyond early, new onset T1D populations Enabling persistence of newly generated beta cells despite autoimmune pressure Zarei M et al. Diabetes Epidemiology and Management 2025;17 Diabetes Care 2025 NIDDK. Diabetes in America, 2024


Slide 11

DRUG Mean C-PEPTIDE AUC VS PLACEBO Ustekinumab ATG (TrialNet) MELD-ATG Most therapies in development for stage 3 T1D show limited and non-durable C-peptide impact *Ladarixin and Diamyd, both Immune modulating, not mentioned here as they demonstrated no meaningful difference compared to placebo Nature Medicine 2024 vol 30, 2657–2666 Diabetes Care 2018 Jul 16;41(9):1917–1925 DRUG Mean C-PEPTIDE AUC VS PLACEBO Teplizumab (Tzield) Baricitinib SAB-142 SAB Bio website corporate presentation (March 10, 2026) https://www.sab.bio/ ESPE Yearbook of Paediatric Endocrinology (2024) 21 10.2 N Engl J Med 2023;389:2140-2150 DRUG Mean C-PEPTIDE AUC VS PLACEBO Verapamil Rituximab NEJM. 2009 361:2143–2152 Nature. 2018 Aug;24(8):1108-1112 Lancet 2025 Sep 27;406(10510):1375-1388


Slide 12

T1D Disease and Market Preclinical Validation Investigational Therapies Exploring T1D COVALENT-112 Study Design Cohort 1 (0-3 Years Since Diagnosis) Summary Next T1D Study Planned with Icovamenib (Barbara Davis Center for Diabetes, Joslin Diabetes Center, UT Health San Antonio Diabetes Center and the University of Miami Diabetes Research Institute) Final Remarks Table of contents


Slide 13

COVALENT-112 (NCT06152042) was a Phase 2 trial designed to examine beta cell function (as measured by C-peptide change and the change of exogenous insulin usage) and glucose and lipid metabolism in participants with T1D treated with standard of care insulin and icovamenib. SCREENING: 5 WEEKS DOSING PERIOD: 12 WEEKS Icovamenib 200 mg QD Icovamenib 100 mg QD ARM A N = 10 ARM B N = 10 COVALENT-112 | Study Design FOLLOW-UP: 40 WEEKS ARM A N = 10 ARM B N = 10 Cohort 1 T1D diagnosed within 3 years with a C-peptide ≥0.2 nmol/L Cohort 2 T1D diagnosed between 3-15 years with a C-peptide ≥0.08 nmol/L Study enrollment and dosing were interrupted in May 2024 due to an FDA clinical hold, which was subsequently resolved, but reduced the number of patients enrolled and followed through to the 52-week readout. Icovamenib 200 mg QD Icovamenib 100 mg QD


Slide 14

52% mean increase from baseline 12 WEEKS TREATMENT 52% mean increase in C-peptide during the 12 weeks treatment period of icovamenib Readout at Week 12 Data represents post-hoc analysis of patients who received per statistical analysis plan, 80% of planned doses 1 Historical control in T1D patients (n=1549) C-peptide declining over first 7 years at 47% yearly. Diabetes Care. 2018 Jun 7;41(7):1486–1492 * 4-hour Mixed Meal Tolerance Test (MMTT) 1.21 +0.7 P<0.001 (n=5) (n=3) (n=5) (n=6) Cohort 1 (< 3 years since diagnosis) Historical Control1


Slide 15

-7% -32% 12 WEEKS TREATMENT Data represents post-hoc analysis of patients who received per statistical analysis plan, 80% of planned doses 1 Historical control in T1D patients (n=1549) C-peptide declining over first 7 years at 47% yearly. Diabetes Care. 2018 Jun 7;41(7):1486–1492 * 4-hour Mixed Meal Tolerance Test (MMTT) -47%1 Readout at week 52 Baseline C-peptide levels sustained through week 52 with minimal decline (only -7.1%) observed post 12 weeks of 200mg daily icovamenib 40 WEEKS OFF TREATMENT (n=4) (n=5) Change in mean C-peptide AUC at Week 52 vs baseline (n=6) (n=5) Demographics (means) | n=6 Age: 28 years Sex: 67% female BMI: 25 kg/m2 Disease course: 2.4y HbA1c: 7.4% Fasting Plasma Glucose: 178 mg/dL Fasting C-Peptide: 0.7 ng/mL Demographics (means) | n=5 Age: 31 years Sex: 40% female BMI: 24 kg/m2 Disease course: 2.1y HbA1c: 8.3% Fasting Plasma Glucose: 155 mg/dL Fasting C-Peptide: 0.8 ng/mL Cohort 1 (< 3 years since diagnosis)


Slide 16

Topline results of icovamenib demonstrated marked C-peptide increase in T1D with observed persistence Observed 52% increase in mean C-peptide AUC at Week 12 (p < 0.001) in Cohort 1 patients dosed at 200 mg (diagnosed within 0–3 years; n=5), a magnitude of improvement not commonly reported in published T1D studies Mean C-peptide AUC remained largely preserved through Week 52 in Cohort 1 patients dosed at 200 mg (~7% decline from baseline), supporting persistence of effect. Patients dosed in Cohort 2 demonstrated stable AUC during and post dosing. Generally well-tolerated, with a favorable safety profile throughout the 52-week observation period Validation of menin as a target for diabetes (T1D & T2D) further supported by these results Presentation at American Diabetes Association’s (ADA) Scientific Session, comprehensive dataset of Cohort 1 and Cohort 2 to be presented (full release on June 5th at 6:30 pm CST)


Slide 17

T1D Disease and Market Preclinical Validation Investigational Therapies Exploring T1D COVALENT-112 Study Design Cohort 1 (0-3 Years Since Diagnosis) Summary Next T1D Study Planned with Icovamenib (Barbara Davis Center for Diabetes, Joslin Diabetes Center, UT Health San Antonio Diabetes Center and the University of Miami Diabetes Research Institute) Final Remarks Table of contents


Slide 18

T1D insights: Dose response: 200 mg demonstrated stronger clinical activity vs 100 mg Potential early intervention advantage: T1D patients dosed ≤3 years showed greater response vs those 3-15 years from diagnosis 12-week treatment showed continuous and improved responses, supporting potential for greater benefit with extended dosing Preclinical chronic toxicology studies support longer term dosing Generally well-tolerated, with a favorable safety profile maintained through the 52-week observation period Optimal dose and target population identified for T1D phase 2 program ICOVAMENIB T1D development focus: Potential to further increase C-peptide AUC in T1D with extended or continuous dosing Opportunity to potentially enhance outcomes through combination with immunomodulation therapies


Slide 19

Immune Suppressant (JAK inhibitor) 6 Months Primary endpoint C-peptide AUC Off Therapy Icovamenib 100>>>200 mg QD (n=32) Placebo (n=8) 15 Months Secondary endpoint C-peptide AUC Month 0 Month 3 Month 6 Month 9 Month 12 Month 15 icovamenib 200 mg QD (n=8) (n=8) (n=8) (n=8) Icovamenib + Immune Suppressant (JAK inhibitor) Icovamenib 200 mg QD (n=8) SCREENING: XX DAYS TREATMENT: 6 MONTHS UNBLINDED/FOLLOW UP: ADD 6 MONTHS UNBLINDED/FOLLOW UP: ADD 3 MONTHS Active (n=32) Placebo (n=8) Proposed phase 2 trial design* Inclusion Criteria Adult participants with T1D diagnosed within 3 years with a C-peptide ≥0.2 nmol/L Background therapy maintained unless rescue required 12 Months Secondary endpoint C-peptide AUC *Subject to regulatory and investigator alignment, and feedback from applicable health authorities.


Slide 20

T1D Disease and Market Preclinical Validation Investigational Therapies Exploring T1D COVALENT-112 Study Design Cohort 1 (0-3 Years Since Diagnosis) Summary Next T1D Study Planned with Icovamenib (Barbara Davis Center for Diabetes, Joslin Diabetes Center, UT Health San Antonio Diabetes Center and the University of Miami Diabetes Research Institute) Final Remarks Table of Contents


Slide 21

Thank you (NASDAQ: BMEA)) For questions or inquiries, please reach out to Meichiel Weiss at ir@biomeafusion.com www.biomeafusion.com


Slide 22

Exhibits


Slide 23

G. Alexander “Zan” Fleming, MD FOUNDER & EXECUTIVE CHAIRMAN, KINEXUM FORMER FDA SENIOR MEDICAL OFFICER AND DIVISION LEADER FOR METABOLIC & ENDOCRINE DRUGS, INVOLVED IN THE REVIEW OF LANDMARK DIABETES AND METABOLIC THERAPIES INCLUDING METFORMIN, THE FIRST RAPID-ACTING INSULIN ANALOGS, EARLY STATINS, AND PPAR AGONISTS Efforts to intervene against type 1 diabetes (T1D) have historically focused on preserving remaining insulin secretion in people just diagnosed with T1D. These icovamenib data are unique in showing increased C-peptide-reflected insulin secretion in patients with established T1D during dosing and persistence of this effect after treatment was stopped. In people with established T1D, endogenous insulin secretion progressively declines to very low levels. Any evidence of improvement in endogenous insulin secretion—even among a few T1D individuals—is unprecedented and of immense biologic and clinical significance. These findings warrant rigorous and longer-term evaluation. KOL perspectives across clinical significance, biology, and future development in T1D The new data presented today with icovamenib in patients with type 1 diabetes suggest a potential new therapeutic avenue in a disease where fundamental unmet need has long persisted. To date, approved therapies have not directly addressed the progressive loss of functional beta cells that underlies diabetes. Biomea has made critical progress in identifying and characterizing this molecule, which has demonstrated the ability to reduce menin protein levels and activate pathways associated with beta cell function. Today's icovamenib type 1 data further validates and deepens our understanding of icovamenib's mechanism of action. Congratulations to the Biomea team on reaching this important therapeutic milestone. What stands out to me in the icovamenib diabetes data is not only the emerging signal of biological activity, but also the safety profile observed to date with using icovamenib in diabetes studies. That combination is important, because safety ultimately determines whether rational combination strategies can be explored as the program moves forward. Looking ahead, future studies will be critical in determining whether the improvements observed in beta cell function of these Type 1 diabetes patients can be maintained over time, particularly in the presence of ongoing immune activity. It will also be important to understand whether combination approaches—including immunomodulatory therapies— are needed and can further enhance or stabilize the observed effects. These are key questions that will inform the long term clinical potential of this approach. Rohit Kulkarni, MD, PhD PROFESSOR OF MEDICINE, HARVARD MEDICAL SCHOOL | SENIOR INVESTIGATOR & SECTION CO-HEAD (ISLET CELL & REGENERATIVE BIOLOGY), JOSLIN DIABETES CENTER David Baidal, MD ASSISTANT PROFESSOR DIABETES RESEARCH INSTITUTE, UNIVERSITY OF MIAMI MILLER SCHOOL OF MEDICINE


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The icovamenib data in Type 1 diabetes naturally makes us pause and reflect on what it could ultimately mean for people living with Type 1 diabetes. While these early findings require confirmation, they suggest a different way of thinking about treatment, one that extends beyond glucose management and begins to engage underlying disease biology. For younger individuals in particular, the possibility of preserving or improving endogenous beta cell function over time could have meaningful implications for lifelong disease burden. Results like these invite consideration of how the treatment landscape in Type 1 diabetes may evolve if such approaches prove durable and safe. KOL perspectives across clinical significance, biology, and future development in T1D The icovamenib data in type 1 diabetes are encouraging, this is particularly interesting as icovamenib targets a pathway that has not been meaningfully explored in this disease. Despite advances in insulin delivery and glucose monitoring, disease-modifying options remain limited for patients. These findings support the need for focused, proof-of-concept studies in well-characterized patient populations to better understand this signal, its durability, and the underlying biology. An important next step will be examining the interplay between beta cell effects and the autoimmunity inherent in type 1 diabetes, and whether combination approaches with immunomodulatory therapies could further enhance or stabilize these beta cell effects. Jason Gaglia, MD, MMSc ASSISTANT PROFESSOR OF MEDICINE, HARVARD MEDICAL SCHOOL | STAFF PHYSICIAN, JOSLIN DIABETES CENTER — ONE OF THE WORLD'S LEADING DIABETES CENTERS Alice Cheng, M.D. ENDOCRINOLOGIST, ASSOCIATE PROFESSOR OF MEDICINE UNIVERSITY OF TORONTO


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DRUG MOA ROUTE & DOSING N AGE (YRS) TIME SINCE TID DX PHASE C-PEPTIDE AUC (~WEEK 52) SAFETY C-PEPTIDE AUC VS PLACEBO Verapamil Beta cell protection Oral daily 88 7–17 ≤31 days 2 ~30–35% less decline vs placebo (inferred; near-stable vs decline) Well-tolerated Rituximab Anti-CD20 monoclonal antibody; B-cell depletion IV, 4 weekly infusions 87 8–40 ≤100 days 2 ~20–25% preservation vs placebo Mainly infusion-related AEs; broader class risks include infection and late neutropenia Type 1 diabetes (stage 3) therapies in development - beta cell protection NEJM. 2009 361:2143–2152 Nature. 2018 Aug;24(8):1108-1112


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DRUG MOA ROUTE & DOSING N AGE (YRS) TIME SINCE T1D DX PHASE C-PEPTIDE AUC (~WEEK 52) SAFETY C-PEPTIDE AUC VS PLACEBO Teplizumab (Tzield) Anti-CD3 IV (12d × 2 cycles) 328 8–17 ≤6 weeks 3 ~59% less decline vs placebo (Week 78 proxy) CRS, lymphopenia-rash Baricitinib JAK1/2 inhibitor Oral dail 91 Adult ≤100 days 2 ~40–50% less decline vs placebo (inferred from 0.65 vs 0.43) Chronic immuno-suppression risk SAB-142 Human anti-thymocyte Ig IV (2-day + 6 mo) 4 5–40 3.3 years 2b ~13% C-peptide increase vs baseline at ~120 days Favorable safety Type 1 diabetes (stage 3) therapies in development - immunomodulation / suppression SAB Bio website corporate presentation (March 10, 2026) https://www.sab.bio/ ESPE Yearbook of Paediatric Endocrinology (2024) 21 10.2 N Engl J Med 2023;389:2140-2150


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DRUG MOA ROUTE & DOSING N AGE (YRS) TIME SINCE T1D DX PHASE C-PEPTIDE AUC (~WEEK 52) SAFETY C-PEPTIDE AUC VS PLACEBO Ustekinumab IL-12/23 SC (1x every 12 weeks) 72 12–18 ≤100 days 2 ~30–40% less decline vs placebo Well-tolerated ATG (TrialNet) T-cell depletion IV (1x over 2 days) 89 12–45 ≤100 days 2 ~50–60% less decline vs placebo CRS, serum sickness MELD-ATG Optimized ATG IV (1x over 2 day) 114-117 5–25 ≤100 days 2 ~25–35% less decline vs placebo CRS, serum sickness Type 1 diabetes (stage 3) therapies in development - immunomodulation / suppression *Ladarixin and Diamyd, both Immune modulating, not mentioned here as they demonstrated no meaningful difference compared to placebo Lancet 2025 Sep 27;406(10510):1375-1388 Nature Medicine 2024 vol 30, 2657–2666 Diabetes Care 2018 Jul 16;41(9):1917–1925

FAQ

What did Biomea Fusion (BMEA) report from the COVALENT-112 Phase 2 T1D trial?

Biomea Fusion reported topline 52-week data showing icovamenib increased mean C-peptide AUC by 52% at Week 12 in recent-onset type 1 diabetes patients and largely preserved C-peptide through Week 52 after only 12 weeks of dosing, with a generally well-tolerated safety profile.

How effective was icovamenib in recent-onset type 1 diabetes in Biomea Fusion’s COVALENT-112 study?

In patients diagnosed within 0–3 years and given 200 mg icovamenib once daily for 12 weeks, mean C-peptide AUC increased 52% at Week 12 (p<0.001; n=5). By Week 52, after 40 weeks off therapy, mean C-peptide AUC was only about 7% below baseline, indicating durable beta-cell activity.

What were the 52-week durability results for icovamenib in Biomea Fusion’s T1D trial?

After a 12-week 200 mg dosing period, mean C-peptide AUC in the 0–3 year diagnosis cohort was largely preserved through Week 52, declining by about 7% from baseline. Patients with 3–15 years’ disease duration also showed generally preserved C-peptide levels over the 52-week observation period.

How safe was icovamenib in Biomea Fusion’s Phase 2 COVALENT-112 T1D trial?

Icovamenib was generally well tolerated over 52 weeks in adults with type 1 diabetes. The company reported no new or unexpected safety signals during the 12-week dosing period plus 40-week follow-up, supporting further clinical evaluation, including planned extended-dosing Phase 2 studies.

What future clinical plans did Biomea Fusion outline for icovamenib in type 1 diabetes?

Biomea Fusion plans a new Phase 2 trial in adults diagnosed with type 1 diabetes within 3 years, testing extended 200 mg icovamenib dosing for up to 6 or 12 months and evaluating combination with an immunosuppressive JAK inhibitor at four U.S. academic diabetes centers starting in the second half of the year.

When will more detailed icovamenib COVALENT-112 data be presented by Biomea Fusion (BMEA)?

A comprehensive dataset from the COVALENT-112 trial, including both Cohort 1 and Cohort 2, is scheduled for presentation at the American Diabetes Association Scientific Sessions, with a full release on June 5 at 6:30 pm CST, providing more detailed clinical and biomarker results.

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