FibroGen Inc
NASDAQ:FGEN

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FibroGen Inc
NASDAQ:FGEN
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Price: 8.42 USD 2.06% Market Closed
Market Cap: 34.1m USD

FibroGen Inc
Investor Relations

FibroGen, Inc. is a biopharmaceutical company, which engages in the discovery, development, and commercialization of novel therapeutics. The company is headquartered in San Francisco, California and currently employs 566 full-time employees. The company went IPO on 2014-11-14. The firm is engaged in discovering, developing and commercializing a pipeline of therapeutics. The company applies its capabilities in hypoxia-inducible factor (HIF) biology, 2-oxoglutarate enzymology, and connective tissue growth factor (CTGF) biology to advance medicines for the treatment of anemia, fibrotic disease, and cancer. The Company’s product Roxadustat is an oral small molecule inhibitor of HIF-prolyl hydroxylase activity for the treatment of anemia caused by chronic kidney disease (CKD). The company is also developing Roxadustat for anemia associated with myelodysplastic syndromes. The company also develops Roxadustat for the treatment of chemotherapy-induced anemia (CIA). Pamrevlumab, an anti-CTGF human monoclonal antibody for the treatment of idiopathic pulmonary fibrosis (IPF), locally advanced unresectable pancreatic cancer, and Duchenne muscular dystrophy. The firm is also enrolling patients in its two Phase III trials of pamrevlumab patients.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

China Transaction: FibroGen completed the sale of its China operations to AstraZeneca for about $220 million, a move described as transformative that extended its cash runway into 2028.

Pipeline Progress: The company initiated a Phase II trial for lead asset FG-3246 (a CD46-targeting ADC for prostate cancer) and expects top-line results from a key combination trial in Q1 2026.

Roxadustat Update: Following a successful FDA Type C meeting, FibroGen will submit a pivotal Phase III protocol for roxadustat in lower-risk MDS by year-end, targeting a significant unmet need.

Cost Reductions: Operating costs for Q3 dropped dramatically (down 86% YoY), and full-year costs are forecasted to be 70% lower than in 2024.

Financials: Q3 revenue rose to $1.1 million, and the company ended September with $121.1 million in cash and equivalents.

Strategic Flexibility: Management is evaluating whether to partner or self-fund the Phase III roxadustat trial, with clarity expected by Q2 2026.

Royalty Liabilities: A $63 million liability relates to royalties payable to NovaQuest from roxadustat sales in partnered regions, not from ADC milestones.

Key Financials
Revenue
$1.1 million
Operating Costs and Expenses
$6.5 million
R&D Expenses
$1.2 million
SG&A Expenses
$5.3 million
Net Loss from Continuing Operations
$13.1 million
Net Loss per Share
$3.25
Cash, Cash Equivalents, Accounts Receivable and Investments (US)
$121.1 million as of September 30
China Transaction Proceeds
$220 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Thane Wettig
CEO & Director
No Bio Available
Mr. Juan Graham
Senior VP & CFO
No Bio Available
Ms. Christine L. Chung
Senior Vice President of China Operations
No Bio Available
Dr. Barry A. Berkowitz Ph.D.
Founder
No Bio Available
David DeLucia
Vice President of Corporate FP&A and Investor Relations
No Bio Available
Mr. Michael D. Lowenstein J.D., Ph.D.
Chief Legal Officer
No Bio Available
Ms. Tricia Stewart
Chief People Officer
No Bio Available
Mr. Kirk A. Christoffersen MBA
Chief Business Officer
No Bio Available
Dr. Elizabeth Bearby Pharm.D.
Senior VP of Regulatory, Biometrics, Scientific Communications & Clinical Project Management
No Bio Available
Mr. Julian N. Stern
Secretary
No Bio Available

Contacts

Address
CALIFORNIA
San Francisco
409 Illinois St
Contacts
+14159781200.0
www.fibrogen.com