STOCK TITAN

89Bio, Inc. - ETNB STOCK NEWS

Welcome to our dedicated page for 89Bio news (Ticker: ETNB), a resource for investors and traders seeking the latest updates and insights on 89Bio stock.

Overview

89Bio, Inc. (symbol: ETNB) is a United States-based clinical-stage biopharmaceutical company committed to advancing innovative therapies for patients with liver and cardiometabolic diseases. Employing cutting-edge glycoPEGylation technology, the company is focused on enhancing the biological activity and prolonging the half-life of its therapeutic candidates through advanced drug engineering. With a robust pipeline centered on conditions such as metabolic dysfunction-associated steatohepatitis (MASH) and severe hypertriglyceridemia (SHTG), 89Bio is addressing significant unmet clinical needs with precision and scientific rigor.

Core Business and Product Pipeline

The company’s primary focus is on the development and eventual commercialization of pegozafermin, a specifically engineered fibroblast growth factor 21 (FGF21) analog. This molecule, enhanced by unique glycoPEGylated technology, has been designed to exert potent anti-fibrotic and metabolic effects. It aims to treat advanced liver conditions by reducing fibrosis and ameliorating metabolic dysregulation, a dual approach that positions 89Bio uniquely in the biotech landscape. Beyond its lead candidate, the company continues to explore additional therapeutic avenues within the liver and cardiometabolic realms, ensuring a diversified approach to clinical development.

Clinical Development and Research

89Bio has structured its clinical research around rigorous Phase 3 trials, notably the ENLIGHTEN program, which encompasses pivotal studies in both non-cirrhotic MASH (with fibrosis stages F2-F3) and MASH with compensated cirrhosis (F4). These randomized, double-blind, placebo-controlled trials are designed to evaluate key endpoints such as histological improvements in liver fibrosis and resolution of steatohepatitis. By integrating noninvasive diagnostic tools alongside traditional biopsy assessments, the company aims to streamline patient evaluation and enhance the sensitivity of therapeutic response measurement. Moreover, the advanced design of these trials reflects 89Bio's commitment to scientific excellence and clear regulatory communication, as evidenced by recent supportive designations from global regulatory bodies.

Rhea-AI Summary
89bio, Inc. (ETNB) has been granted Breakthrough Therapy Designation (BTD) for pegozafermin in treating NASH with fibrosis. The company expects regulatory feedback on its Phase 3 development program this quarter. Data from ENLIVEN in patients with cirrhotic (F4) NASH will be presented at AASLD. Financial results for Q3 2023 show $448.3 million in cash and a net loss of $34.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.86%
Tags
-
Rhea-AI Summary
89bio to participate in H.C. Wainwright NASH Investor Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
conferences
-
Rhea-AI Summary
89bio approves grant of non-qualified stock options to new employees
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
none
Rhea-AI Summary
FDA grants Breakthrough Therapy Designation to pegozafermin in NASH patients, positive data from Phase 2b trial
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
Tags
none
-
Rhea-AI Summary
89bio, Inc. to participate in fireside chat and investor meetings at Cantor Global Healthcare Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.84%
Tags
conferences
-
Rhea-AI Summary
89bio, Inc. announces participation in H.C. Wainwright conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
conferences
Rhea-AI Summary
89bio, Inc. (Nasdaq: ETNB) reported positive results from Phase 2 trials of pegozafermin in NASH and SHTG, with plans to initiate Phase 3 trials. The company published data from the ENLIVEN Phase 2b trial in The New England Journal of Medicine, validating the therapeutic utility of pegozafermin. Discussions with regulatory agencies for Phase 3 NASH program are planned for the second half of 2023. The ENTRUST Phase 3 trial of pegozafermin in patients with severe hypertriglyceridemia (SHTG) has been initiated, and the Phase 2 ENTRIGUE trial results were published in Nature Medicine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.34%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
89bio, Inc. announced that positive data from the Phase 2 ENTRIGUE trial of pegozafermin in patients with severe hypertriglyceridemia (SHTG) were published online in Nature Medicine. The data showed significant reductions in triglycerides, atherogenic lipoproteins, and liver fat. The trial also met multiple secondary endpoints, demonstrating improvements in metabolic measures and markers of liver inflammation. Pegozafermin was well tolerated with a favorable safety profile.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags

FAQ

What is the current stock price of 89Bio (ETNB)?

The current stock price of 89Bio (ETNB) is $6.06 as of April 18, 2025.

What is the market cap of 89Bio (ETNB)?

The market cap of 89Bio (ETNB) is approximately 807.3M.

What is 89Bio, Inc. known for?

89Bio, Inc. is a clinical-stage biopharmaceutical company that focuses on developing innovative therapies for liver and cardiometabolic diseases. Its scientific expertise is demonstrated through advanced therapeutic candidates such as pegozafermin, a glycoPEGylated analog of FGF21.

What therapeutic areas does 89Bio target?

The company targets liver diseases, specifically metabolic dysfunction-associated steatohepatitis (MASH), and cardiometabolic conditions such as severe hypertriglyceridemia. These areas represent significant unmet clinical needs, fueling 89Bio's strategic research and development efforts.

What is pegozafermin and why is it important?

Pegozafermin is 89Bio's lead product candidate, designed as a glycoPEGylated analog of FGF21. It is engineered to improve liver fibrosis and regulate metabolic parameters, offering a novel dual mechanism that is critical for treating complex conditions like MASH and SHTG.

How is 89Bio advancing its clinical programs?

89Bio is advancing its clinical programs through a series of rigorously designed Phase 3 trials, including the ENLIGHTEN program for MASH. These trials use robust methodologies, combining noninvasive diagnostic techniques with traditional histological assessments to evaluate therapeutic efficacy.

What differentiates the glycoPEGylated technology used by 89Bio?

The glycoPEGylated technology enhances the stability and prolongs the half-life of therapeutic molecules, such as pegozafermin. This technology optimizes biological activity, ensuring sustained efficacy while potentially improving safety and patient adherence through more convenient dosing schedules.

Where is 89Bio headquartered and what is its background?

89Bio is headquartered in San Francisco, California, and was founded in 2018. Since its inception, the company has been dedicated to addressing critical unmet needs in liver and cardiometabolic diseases through advanced therapeutic research and clinical innovation.
89Bio, Inc.

Nasdaq:ETNB

ETNB Rankings

ETNB Stock Data

807.29M
143.22M
1%
93.98%
6.61%
Biotechnology
Pharmaceutical Preparations
Link
United States
SAN FRANCISCO