Foghorn Therapeutics Reports Major Advancements for Selective ARID1B Degrader at the 8th Annual TPD and Induced Proximity Summit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2025
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Should l Buy FHTX?
Source: Newsfilter
Company Announcement: Foghorn Therapeutics has announced key updates on its Selective ARID1B degrader program, which will be presented at the 8th Annual TPD and Induced Proximity Summit in Boston from October 27-30, 2025.
Investor Event: Following the summit, Foghorn will host a virtual investor event on October 30, 2025, to discuss updates on its Selective ARID1B, Selective CBP, and Selective EP300 degrader programs, highlighting their potential in treating cancers with high unmet needs.
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Analyst Views on FHTX
Wall Street analysts forecast FHTX stock price to rise
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 5.260
Low
9.00
Averages
11.38
High
14.00
Current: 5.260
Low
9.00
Averages
11.38
High
14.00
About FHTX
Foghorn Therapeutics Inc. is a clinical-stage, precision therapeutics biotechnology company. The Company is discovering and developing a novel class of medicines targeting genetically determined dependencies within the chromatin regulatory system. Through its proprietary scalable Gene Traffic Control platform, it is systematically studying, identifying and validating potential drug targets within the chromatin regulatory system. The Company is also developing multiple product candidates in oncology. The Gene Traffic Control platform provides an integrated and mechanistic understanding of how the various components of the chromatin regulatory system interact, allowing to identify, validate and potentially drug targets within this system. Its platform enables to produce components of the chromatin regulatory system at scale, thereby allowing to identify these genetic dependencies, understand their mechanism and target their vulnerabilities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Successful Financing: Foghorn Therapeutics secured $50 million in equity financing with investors including BVF Partners, expected to close on January 13, 2026, at a price of $6.71 per share, representing a 30% premium to the January 9 closing price, providing robust funding for future R&D initiatives.
- Strong Financial Position: Post-financing, the company anticipates cash and cash equivalents to reach approximately $208.9 million, ensuring continued investment in its pipeline over the next two years, particularly for the FHD-909 project targeting SMARCA4-mutant cancers.
- Clinical Trial Progress: The Phase 1 dose-escalation trial of FHD-909 is advancing as planned, primarily targeting patients with non-small cell lung cancer, which is expected to offer new treatment options in this high-need area and improve patient prognosis.
- Drug Development Outlook: Foghorn's selective CBP and EP300 degrader programs are on track to be IND-ready in 2026, demonstrating potential applications in ER+ breast cancer and hematologic malignancies, further solidifying the company's innovative position in oncology treatment.
See More
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- Strong Financial Position: Post-financing, the company anticipates having approximately $208.9 million in cash and equivalents, ensuring continued investment in its pipeline and extending its cash runway into the first half of 2028, thereby enhancing its viability in the competitive biotech landscape.
- Clinical Trial Progress: The Phase 1 dose-escalation trial of FHD-909 is advancing as planned, targeting patients with SMARCA4-mutant non-small cell lung cancer, which is expected to provide new treatment options and address significant unmet medical needs in this area.
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See More
