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Founded Year

2008

Stage

IPO | IPO

Total Raised

$290.78M

Date of IPO

4/4/2019

Market Cap

0.16B

Stock Price

1.05

About NGM Biopharmaceuticals

NGM Biopharmaceuticals is a drug discovery company committed to the identification and development of biologics for diabetes, obesity and other cardio-metabolic diseases.

Headquarters Location

630 Gateway Boulevard

South San Francisco, California, 94080,

United States

650-243-5575

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NGM Biopharmaceuticals Patents

NGM Biopharmaceuticals has filed 105 patents.

The 3 most popular patent topics include:

  • Diabetes
  • Transcription factors
  • Hepatology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/19/2021

9/26/2023

Molecular biology, Monoclonal antibodies, DNA, RNA, Genetics

Grant

Application Date

8/19/2021

Grant Date

9/26/2023

Title

Related Topics

Molecular biology, Monoclonal antibodies, DNA, RNA, Genetics

Status

Grant

Latest NGM Biopharmaceuticals News

Pegozafermin improves fibrosis in patients with NASH, could advance to phase 3 development

Sep 22, 2023

Disclosures: Loomba reports financial relationships with 89bio, Aardvark Therapeutics, Allergan, Altimmune, Amgen Inc., Anylam/Regeneron, Arrowhead Pharmaceuticals, AstraZeneca, Boehringer-Ingelheim, Bristol-Myers Squibb, CohBar, Eli Lilly, Galectin, Galmed Pharmaceuticals, Genfit, Gilead Sciences, Glympse bio, Hanmi Pharmaceutical, Hightide, Inipharm, Intercept Pharmaceuticals, Inventica, Ionis Pharmaceuticals, Janssen Pharmaceuticals, Kowa Company LTD., Liponexus, Madrigal Pharmaceuticals, Merck, Metacrine Inc., NGM Biopharmaceuticals, Novartis, Novo Nordisk, P30DK120515, Pfizer, Sagiment Biosciences, Sonic Incytes, Terns Pharmaceuticals, Theratechnologies Inc. and Viking Therapeutics. Please see the study for all other authors’ relevant financial disclosures. ADD TOPIC TO EMAIL ALERTS Receive an email when new articles are posted on Please provide your email address to receive an email when new articles are posted on . Please try again later. If you continue to have this issue please contact customerservice@slackinc.com . Back to Healio Key takeaways: Improvement in fibrosis occurred in up to 27% of patients treated with pegozafermin vs. 7% on placebo. Nonalcoholic steatohepatitis resolved in up to 37% of patients treated with pegozafermin vs. 2% on placebo. Subcutaneous pegozafermin at weekly and biweekly doses improved fibrosis at 24 weeks vs. placebo among patients with biopsy-confirmed nonalcoholic steatohepatitis, supporting the therapy’s advancement to phase 3 development, data showed. “Pegozafermin, a long-acting glycopegylated recombinant fibroblast growth factor 21 analogue, is being developed for the treatment of NASH and severe hypertriglyceridemia,” Rohit Loomba, MD, MHSc, director of the NAFLD Research Center at the University of California, San Diego, and colleagues wrote in The New England Journal of Medicine. “A phase 1b-2a study involving patients with NASH did not show safety concerns and suggested that pegozafermin therapy may improve hepatic steatosis, markers of inflammation and fibrosis, circulating lipid levels and glycemic control.” In a phase 2b, randomized, double-blind, placebo-controlled trial at 61 U.S. sites, researchers enrolled 222 patients (mean age, 55.6 years; 39% men) with noncirrhotic, biopsy-confirmed NASH and moderate to severe fibrosis. Participants received subcutaneous pegozafermin 15 mg (n = 21) or 30 mg (n = 73) weekly, pegozafermin 44 mg (n = 57) biweekly or placebo (n = 71) for 24 weeks. Studied outcomes included improvement in fibrosis of at least one stage with no worsening of NASH, NASH resolution without worsening of fibrosis and safety of pegozafermin. At 24 weeks, 7% of patients in the placebo group had improved fibrosis compared with 22% in the pegozafermin 15 mg group (14 percentage points difference; 95% CI, –9 to 38), 26% in the 30 mg group (19 percentage points difference; 95% CI, 5-32) and 27% in the 44 mg group (20 percentage points difference; 95% CI, 5-35). Researchers also reported NASH resolution without worsening of fibrosis among 37% of patients in the 15 mg group (35 percentage points difference; 95% CI, 10-59), 23% in the 30 mg group (21 percentage points difference; 95% CI, 9-33) and 26% in the 44 mg group (24 percentage points difference; 95% CI, 10-37), compared with 2% in the placebo group. Further, results showed a drop in nonalcoholic fatty liver disease activity score of at least 2 points without worsening of fibrosis among 37%, 65% and 62% of patients in the 15 mg, 30 mg and 44 mg groups, respectively, vs. 24% in the placebo group, as well as at least a 50% reduction in liver fat among 63% in the 30 mg group and 58% in the 44 mg group vs. 12% on placebo. The most common adverse events associated with treatment were nausea and diarrhea. “In this phase 2b trial, pegozafermin treatment for 24 weeks led to improvements in fibrosis with both weekly and every 2-week administration in patients with biopsy-confirmed NASH,” Loomba and colleagues concluded. “A potential for administration once every 2 weeks may increase patient convenience and adherence to treatment.” They continued: “Results of this trial may be informative for guiding dose selection for larger and longer phase 3 trials involving patients with NASH.” Read more about

NGM Biopharmaceuticals Frequently Asked Questions (FAQ)

  • When was NGM Biopharmaceuticals founded?

    NGM Biopharmaceuticals was founded in 2008.

  • Where is NGM Biopharmaceuticals's headquarters?

    NGM Biopharmaceuticals's headquarters is located at 630 Gateway Boulevard, South San Francisco.

  • What is NGM Biopharmaceuticals's latest funding round?

    NGM Biopharmaceuticals's latest funding round is IPO.

  • How much did NGM Biopharmaceuticals raise?

    NGM Biopharmaceuticals raised a total of $290.78M.

  • Who are the investors of NGM Biopharmaceuticals?

    Investors of NGM Biopharmaceuticals include The Column Group, Prospect Venture Partners, Tichenor Ventures, Topspin Consumer Partners, Merck & Co. and 5 more.

  • Who are NGM Biopharmaceuticals's competitors?

    Competitors of NGM Biopharmaceuticals include Noveome Biotherapeutics, Albireo Pharma, Catalyst Biosciences, MaxCyte, Oceanit, Animal Cell Therapies, Vernalis, Molmed, Hawaii Biotech, Akron Biotechnology and 70 more.

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Trusted by the world's smartest companies to:
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