Sagimet Biosciences
Manufacturing · California, United States · 11-50 Employees
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Overview
Headquarters
155 Bovet Rd Ste 303, San Mateo, Califor...Phone Number
(650) 561-8600Website
www.sagimet.comRevenue
$5.9 MillionStock Symbol
SGMTIndustry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
1
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About Sagimet Biosciences
Sagimet Biosciences Inc is a clinical-stage biopharmaceutical company focused on developing a portfolio of internally discovered, selective FASN inhibitors for the treatment of several therapeutic areas of high unmet medical need including liver disease and specific cancers targeting dysfunctional metabolic pathways. The company has unique expertise in FASN biology and has created a pipeline of proprietary FASN inhibitors.Explore more
Sagimet Biosciences Org Chart
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Company Profile Activity
Activity Insights
Sagimet Biosciences is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Sagimet Biosciences is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Sagimet Biosciences.
Sagimet Biosciences financials insights
Gather financial insights about Sagimet Biosciences, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2007
Series A
$7.6M
2009
Series B
$30M
2013
Series C
$20M
2014
Series D
$28.5M
2019
Series E
$25M
2021
Other Financing Round
$80M
Sagimet Biosciences Tech Stack
A closer look at the technologies used by Sagimet Biosciences
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Most Recent Scoops
Project
Sagimet Biosciences is developing a topical FASN inhibitor targeting mild acne patients, currently in formulation development, with first-in-human studies planned for early 2028.
Product Development, Pharmaceuticals
Project
reported that the 52-week open-label extension data from the Ascletis trial of denifanstat demonstrated sustained safety and tolerability alongside continued improvements in IGA scores and lesion count reductions beyond the initial 12-week period, with 52-week lesion count reductions approaching those observed with Accutane.
Clinical Operations
Project
Sagimet Biosciences is advancing its second oral FASN inhibitor, a more potent version of denifanstat, with Phase II initiation expected by year-end following the completion of Phase I, and Phase II data anticipated by the end of next year. The Phase II objective is to determine whether increased potency translates to greater treatment response without compromising the established safety and tolerability profile.
Research & Development, Pharmaceuticals
Project
reported that the Ascletis Phase III trial of denifanstat demonstrated a favorable safety profile, with no Grade 3 or serious adverse events observed, and only mild to moderate occurrences of dry eye (slightly above 10% active vs. approximately 9% placebo) and dry skin (approximately 6% active vs. 2% placebo).
Clinical Operations
Open Position
Sagimet Biosciences News & Media
Sagimet Biosciences Advances AURORA U.S. Phase 3 Trial of Denifanstat in Acne Toward Patient Enrollment in Q4 2026
All clinical trial sites identified and CRO retainedSagimet Biosciences Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
FOSTER CITY, Calif., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Sagimet Biosciences Inc. (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic and fibrotic pathways, today announced that, in connection with the hiring of 3 employees, the Compensation Committee of Sagimet’s Board of Directors approved that an inducement grant of 260,700 stock options in aggregate to purchase shares of the Company’s Series A common stock be granted on AugSagimet Biosciences Receives FDA “Study May Proceed” Letter and IND Clearance for Phase 3 Trial in Acne in Adolescent and Adult Patients
Phase 3 clinical trial of denifanstat in moderate to severe acne patients in the U.S. on track to initiate in second half of 2026 Phase 3 clinical trial of denifanstat in moderate to severe acne patients in the U.S. on track to initiate in second half of 2026Sagimet Biosciences Reports Second Quarter 2026 Financial Results and Provides Corporate Updates
Phase 3 clinical trial of denifanstat in moderate to severe acne patients for the U.S. on track to initiate in second half of 2026
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Frequently Asked Questions Regarding Sagimet Biosciences
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Sagimet Biosciences Inc is a clinical-stage biopharmaceutical company focused on developing a portfolio of internally discovered, selective FASN inhibitors for the treatment of several therapeutic areas of high unmet medical need including liver disease and specific cancers targeting dysfunctional metabolic pathways. The company has unique expertis... Read More
