Sagimet Biosciences Inc.

NasdaqGM SGMT

Sagimet Biosciences Inc. Free Cash Flow for the Trailing 12 Months (TTM) ending September 30, 2024: USD -38.49 M

Sagimet Biosciences Inc. Free Cash Flow is USD -38.49 M for the Trailing 12 Months (TTM) ending September 30, 2024, a -59.49% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Sagimet Biosciences Inc. Free Cash Flow for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -24.14 M.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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NasdaqGM: SGMT

Sagimet Biosciences Inc.

CEO Mr. David A. Happel
IPO Date July 17, 2023
Location United States
Headquarters 155 Bovet Road
Employees 8
Sector Health Care
Industries
Description

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment of nonalcoholic steatohepatitis and acne. The company is also developing TVB-3567, a FASN inhibitor for the treatment of various types of cancers. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.

StockViz Staff

January 15, 2025

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