Pamrevlumab And Roxadustat: Evaluating FibroGen's Future Amid Financial Strains

May 28, 2024 12:08 AM ETFibroGen, Inc. (FGEN) StockFGEN
Myriam Alvarez
2.64K Followers

Summary

  • FibroGen focuses on developing Pamrevlumab for pancreatic cancer therapy after disappointing trial results for other indications.
  • If successful, Pamrevlumab’s phase 3 trials in pancreatic cancer could be a major value driver.
  • Roxadustat has already been approved for anemia in chronic kidney disease and is in phase 3 for chemotherapy-induced anemia.
  • FibroGen's financials show signs of deterioration and structural unprofitability, raising concerns about its prospects.
  • Despite financial concerns and R&D issues, the stock trades at a significant discount relative to peers, justifying a "hold" rating.

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FibroGen, Inc. (NASDAQ:FGEN) is a biopharmaceutical company focused on developing therapeutics for cancer, particularly pancreatic and anemia. In 2023, FGEN’s Pamrevlumab yielded disappointing trial results for Duchenne muscular dystrophy and idiopathic pulmonary fibrosis, so the company pivoted towards pancreatic cancer. FGEB now

This article was written by

2.64K Followers
My name is Myriam Hernandez Alvarez. I received the Electronics and Telecommunication Engineering degree from the Escuela Politecnica Nacional, Quito, Ecuador, the M.Sc. degree in computer science from Ohio University, Athens, OH, USA, a graduate degree in Business Management from Universidad Andina Simon Bolivar, Quito, Ecuador, and the Ph.D. degree in computer applications from the University of Alicante, Spain.Disclosure: I collaborate professionally with Edgar Torres H, who is also an author on Seeking Alpha. Our analyses are conducted independently, and we adhere to Seeking Alpha's Shared Association Guidelines.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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