SGMT
Sagimet Biosciences Inc.
NASDAQ · Healthcare · Biotechnology · US
$10.94
+0.18%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−8.9x
Market Cap
$680.02M
MomentumView details →
1D Return
+0.18%
YTD Return
+83.61%
RSI (14)
66.9
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−8.9x
Market Cap
$680.02M
RSI (14)
66.9
MomentumView details →
1D Return
+0.18%
YTD Return
+83.61%
SummaryUpdated Jun 1, 2026
Sagimet Biosciences Inc. (NASDAQ:SGMT) is a clinical-stage biopharmaceutical company founded in 2006 and headquartered in San Mateo, California. Originally incorporated as 3-V Biosciences, Inc., the company changed its name to Sagimet Biosciences in August 2019 and went public in July 2023. The company specializes in developing innovative therapeutics that target fatty acid synthase (FASN) inhibitors to treat diseases caused by dysfunctional lipid metabolism pathways, representing a novel approach in addressing metabolic disorders and certain cancers.
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Sagimet Biosciences plans to begin a Phase III study of denifanstat for moderate-to-severe acne in the U.S. within the next several months, following positive results from a China-based Phase III trial conducted by partner Ascletis.19d agoSagimet Biosciences received an FDA 'Study May Proceed' letter and IND clearance for its Phase 3 trial of denifanstat in moderate to severe acne in adolescent and adult patients in the U.S.22d agoSagimet Biosciences granted equity awards to President and CEO David Happel, CFO Thierry Chauche, and Chief Legal and Administrative Officer Elizabeth Rozek, effective May 28, 2026.94d ago