Fulcrum Therapeutics Inc. (FULC) Misses Q2 EPS by 17c

Go back to Fulcrum Therapeutics Inc. (FULC) Misses Q2 EPS by 17c

Fulcrum Therapeutics Announces Second Quarter 2022 Financial Results and Business Update

August 11, 2022 7:01 AM EDT

Presented initial data from Phase 1b trial in sickle cell disease (SCD), which demonstrate rapid and robust increases in hemoglobin F (HbF); supports proof-of-concept that FTX-6058 is a novel oral HbF inducer
Announced enrollment of first patient in Phase 3 REACH trial of losmapimod in facioscapulohumeral muscular dystrophy (FSHD); first ever Phase 3 trial in this diseaseAnnounced strategic realignment to reduce operating expenses by $40-50M, prioritize clinical execution, and extend cash runway into mid-2024Conference call scheduled for... More