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

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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

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

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

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

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

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

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

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

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

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

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

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

-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)

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)

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

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

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.

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

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

Exhibits

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

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

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

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

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