Biomea Fusion Announces Approval of “icovamenib” as International Nonproprietary Name for BMF-219
22 October 2024 - 12:00AM
Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a clinical-stage
biopharmaceutical company dedicated to discovering and developing
oral covalent small molecules to treat and improve the lives of
patients with diabetes, obesity, and genetically defined cancers,
today announced that the World Health Organization (WHO) has
approved “icovamenib” as the International Nonproprietary Name
(INN) for its lead product candidate BMF-219, and that the United
States Adopted Name Council has adopted “icovamenib” as the United
States Adopted Name (USAN) for BMF-219. The suffix ‘-menib’ stands
for menin inhibitor.
An International Nonproprietary Name (INN) is a unique, globally
recognized name for a pharmaceutical drug or active ingredient. A
United States Adopted Name (USAN) is a nonproprietary name selected
by the USAN Council to ensure safety, consistency and logic in the
choice of names of US medications; the USAN Council, is
co-sponsored by the American Medical Association, the United States
Pharmacopeial Convention, and the American Pharmacists Association.
WHO’s INN Expert Group and the USAN Council approve simple,
informative and unique nonproprietary names, also known as generic
names. Biomea will use “icovamenib” in upcoming presentations,
publications and public statements as the company advances the
clinical development of the product candidate.
To learn more about icovamenib and its potential impact in
diabetes please visit our website at
https://biomeafusion.com/diabetes-obesity.
About Biomea FusionBiomea Fusion is a clinical
stage biopharmaceutical company focused on the discovery and
development of oral covalent small molecules to improve the lives
of patients with diabetes, obesity, and genetically defined
cancers. A covalent small molecule is a synthetic compound that
forms a permanent bond to its target protein and offers a number of
potential advantages over conventional non-covalent drugs,
including greater target selectivity, lower drug exposure, and the
ability to drive a deeper, more durable response.
We are utilizing our proprietary FUSION™ System to discover,
design and develop a pipeline of next-generation covalent-binding
small molecule medicines designed to maximize clinical benefit for
patients. We aim to have an outsized impact on the treatment of
disease for the patients we serve. We aim to cure.
Visit us at biomeafusion.com and follow us on LinkedIn, X, and
Facebook.
Forward-Looking Statements
Statements we make in this press release may include statements
which are not historical facts and are considered forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended (the “Securities Act”), and Section 21E of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”).
These statements may be identified by words such as “aims,”
“anticipates,” “believes,” “could,” “estimates,” “expects,”
“forecasts,” “goal,” “intends,” “may,” “plans,” “possible,”
“potential,” “seeks,” “will,” and variations of these words or
similar expressions that are intended to identify forward-looking
statements. Any such statements in this press release that are not
statements of historical fact, including statements regarding the
clinical and therapeutic potential of our product candidates and
development programs, including icovamenib (formerly known as
BMF-219), the potential of icovamenib as a treatment for type 2 and
type 1 diabetes, our research, development and regulatory plans,
the progress of our ongoing and planned clinical trials, including
COVALENT-111 and COVALENT 112, the availability of data from our
clinical trials and the timing of such events, may be deemed to be
forward-looking statements. We intend these forward-looking
statements to be covered by the safe harbor provisions for
forward-looking statements contained in Section 27A of the
Securities Act and Section 21E of the Exchange Act and are making
this statement for purposes of complying with those safe harbor
provisions.
Any forward-looking statements in this press release are based
on our current expectations, estimates and projections only as of
the date of this release and are subject to a number of risks and
uncertainties that could cause actual results to differ materially
and adversely from those set forth in or implied by such
forward-looking statements, including the risk that we may
encounter delays in preclinical or clinical development, patient
enrollment and in the initiation, conduct and completion of our
ongoing and planned clinical trials and other research and
development activities. These risks concerning Biomea Fusion’s
business and operations are described in additional detail in its
periodic filings with the U.S. Securities and Exchange Commission
(the “SEC”), including its most recent periodic report filed with
the SEC and subsequent filings thereafter. Biomea Fusion explicitly
disclaims any obligation to update any forward-looking statements
except to the extent required by law.
Contact:
Investor Relations
Chunyi Zhao, PhD
Associate Director of Investor Relations & Corporate Development
czhao@biomeafusion.com
Media Relations
Neera Chaudhary
nchaudhary@biomeafusion.com
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