Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NasdaqGS - Nasdaq Real Time Price • USD FibroGen, Inc. (FGEN) Follow Compare 0.4202 +0.0169 +(4.19%) As of 12:41:36 PM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations FibroGen sells China unit to AstraZeneca for $160m AstraZeneca will gain full rights for roxadustat in China where it is approved to treat anaemia seen with chronic kidney disease. FibroGen to Sell China Unit to AstraZeneca for $160 Million FibroGen (FGEN) said Thursday it has agreed to sell its China subsidiary to AstraZeneca (AZN) for ab AstraZeneca boosts China presence with FibroGen's anemia drug in $160 million deal The deal comes at a time when the Anglo-Swedish pharma company is facing a string of investigations in the country, AstraZeneca's biggest international market that accounted for 12% of 2024 sales, following heavy investments in the region. AstraZeneca in 2023 signed several licensing deals with Chinese companies and bought Suzhou-headquartered Gracell Biotechnologies for $1.2 billion. Earlier this month, the company reassured investors that the impact of several probes in China could be minor. FibroGen Announces the Sale of FibroGen China to AstraZeneca for Approximately $160 Million Purchase price represents enterprise value of $85 million plus FibroGen net cash held in China at closing, currently estimated to be approximately $75 millionUpon close, FibroGen will repay its term loan to Morgan Stanley Tactical Value, further simplifying the Company’s capital structure Company’s cash runway extended into 2027 Company to continue to advance its oncology pipeline, with the initiation of the Phase 2 monotherapy trial of FG-3246 in metastatic castration-resistant prostate cancer AstraZeneca deepens China presence with FibroGen deal The $160 million acquisition of a FibroGen subsidiary expands AstraZeneca’s foothold in China while the company works through government investigations into its business practices there. Several Insiders Invested In FibroGen Flagging Positive News Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like... FibroGen Appoints David DeLucia as Chief Financial Officer SAN FRANCISCO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- FibroGen, Inc. (NASDAQ: FGEN) today announced the appointment of David DeLucia to Chief Financial Officer (CFO), effective December 16, 2024. The company previously announced that Juan Graham would step down on December 15, 2024. Reporting to Chief Executive Officer Thane Wettig, DeLucia will lead and oversee FibroGen’s global finance organization. He has most recently served as FibroGen’s Vice President, Head of Corporate Financial Planning and A FibroGen Third Quarter 2024 Earnings: Beats Expectations FibroGen ( NASDAQ:FGEN ) Third Quarter 2024 Results Key Financial Results Revenue: US$46.3m (up 15% from 3Q 2023). Net... Q3 2024 FibroGen Inc Earnings Call Q3 2024 FibroGen Inc Earnings Call FibroGen Inc (FGEN) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Cost Reductions FibroGen Inc (FGEN) reports a significant increase in Roxadustat sales in China and a substantial reduction in operating expenses, despite facing potential generic competition and a net loss. FibroGen (FGEN) Reports Q3 Loss, Tops Revenue Estimates FibroGen (FGEN) delivered earnings and revenue surprises of 55.26% and 36.27%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? FibroGen: Q3 Earnings Snapshot SAN FRANCISCO (AP) — FibroGen Inc. FGEN) on Tuesday reported a loss of $17.1 million in its third quarter. On a per-share basis, the San Francisco-based company said it had a loss of 17 cents. FibroGen Reports Third Quarter 2024 Financial Results Topline results from Phase 2 portion of the investigator-sponsored study of FG-3246, a first-in-class antibody-drug conjugate (ADC) targeting CD46, in combination with enzalutamide in patients with metastatic castration-resistant prostate cancer (mCRPC) are expected in 1H 2025Initiation of Phase 2 monotherapy dose optimization study of FG-3246 in mCRPC anticipated in 1Q 2025Third quarter net revenue growth of 15% year over year, driven by strong performance of roxadustat in China, with year over FibroGen to Report Third Quarter 2024 Financial Results SAN FRANCISCO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- FibroGen, Inc. (NASDAQ: FGEN) will announce third quarter 2024 financial results on Tuesday, November 12 after the market close. FibroGen will also conduct a conference call on that day at 5:00 PM Eastern Time with the investment community to further detail the company's corporate and financial performance. Conference Call and Webcast Toll-free: 1-877-300-8521International investors: 1-412-317-6026Webcast: Click here To access the call, participan FibroGen Inc (FGEN) Q2 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Shifts FibroGen Inc (FGEN) reports significant revenue increases and strategic pivots amid challenges in clinical trials and market competition. FibroGen to Present at the H.C. Wainwright 26th Annual Global Investment Conference SAN FRANCISCO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- FibroGen, Inc. (NASDAQ: FGEN) today announced that the Company will be attending and presenting at the H.C. Wainwright 26th Annual Global Investment Conference being held September 9-11, 2024 in New York, NY. Thane Wettig, Chief Executive Officer of FibroGen, will deliver a company presentation on Tuesday, September 10 at 3:00 PM ET at the Lotte New York Palace Hotel. A live webcast of the presentation will be available here. FibroGen’s managemen FibroGen, Inc. (NASDAQ:FGEN) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates A week ago, FibroGen, Inc. ( NASDAQ:FGEN ) came out with a strong set of second-quarter numbers that could potentially... FibroGen (FGEN) Reports Q2 Loss, Tops Revenue Estimates FibroGen (FGEN) delivered earnings and revenue surprises of 38.46% and 53.46%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock? FibroGen: Q2 Earnings Snapshot SAN FRANCISCO (AP) — FibroGen Inc. FGEN) on Tuesday reported a loss of $15.5 million in its second quarter. On a per-share basis, the San Francisco-based company said it had a loss of 16 cents. FibroGen Reports Second Quarter 2024 Financial Results and Provides Business Update Company implementing significant cost reduction plan in the U.S. due to results in late-stage pamrevlumab pancreatic cancer trials, including a reduction of U.S. workforce by approximately 75%Focus R&D investment on FG-3246 and PET46, a first-in-class anti-CD46 antibody-drug conjugate and companion PET imaging agent for metastatic castration-resistant prostate cancer (mCRPC) Presented compelling preliminary data from dose escalation portion of Phase 1b/2 investigator-sponsored study of FG-3246, Performance Overview Trailing total returns as of 2/28/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return FGEN S&P 500 YTD -20.72% -0.09% 1-Year -78.83% +15.91% 3-Year -97.01% +34.34%