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4D Molecular Therapeutics Q2 2023 Earnings Report

4D Molecular Therapeutics logo
$6.09 -0.23 (-3.64%)
(As of 11:33 AM ET)

4D Molecular Therapeutics EPS Results

Actual EPS
-$0.77
Consensus EPS
-$0.77
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

4D Molecular Therapeutics Revenue Results

Actual Revenue
$0.24 million
Expected Revenue
$1.43 million
Beat/Miss
Missed by -$1.19 million
YoY Revenue Growth
N/A

4D Molecular Therapeutics Announcement Details

Quarter
Q2 2023
Time
N/A
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4D Molecular Therapeutics Earnings Headlines

Healthcare Takes A Big Step Forward With The Help of A.I.
To date, we've seen baseline AI models lay the groundwork. Tools like ChatGPT are useful, but they are still simple, proof-of-concept systems. For its next act, AI is going to help save lives. Already better than humans at a number of medical tasks, AI is ramping up to completely revolutionize healthcare.
4D Molecular initiated with an Underweight at Morgan Stanley
See More 4D Molecular Therapeutics Headlines
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About 4D Molecular Therapeutics

4D Molecular Therapeutics (NASDAQ:FDMT), a clinical-stage biotherapeutics company, develops genetic medicines using its therapeutic vector evolution platform in the Netherland and the United States. The company develops a portfolio of genetic medicine product candidates focuses in three therapeutic areas for ophthalmology, cardiology, and pulmonology. Its product pipeline includes 4D-150, which is in phase 1/2 clinical trial for the treatment of wet age-related macular degeneration; and is in phase 1/2 clinical trial for the treatment of diabetic macular edema. The company develops 4D-125, which is in phase 1/2 clinical trial for the treatment of x-linked retinitis pigmentosa; 4D-110, which is in phase 1/2 clinical trial for the treatment of choroideremia; 4D-710, which is in phase 1/2 clinical trial for the treatment cystic fibrosis lung disease; and 4D-310 to treat fabry disease cardiomyopathy and is in phase 1/2 clinical trial. In addition, its product candidates comprises 4D-175, which is in pre-clinical development for the treatment for geographic trophy; and 4D-725 to treat alpha-1 antitrypsin deficiency lung disease and is in pre-clinical development. The company has collaboration and licensing agreements with Arbor Biotechnologies, Inc.; Astellas Gene Therapies, Inc; uniQure biopharma B.V.; and Cystic Fibrosis Foundation. 4D Molecular Therapeutics, Inc. was founded in 2013 and is headquartered in Emeryville, California.

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