SpringWorks Therapeutics, Inc. acquires, develops, and commercializes medicines for underserved patient populations suffering from rare diseases and cancer. Its lead product candidate is nirogacestat, an oral small molecule gamma secretase inhibitor that is in Phase 3 clinical trials for the treatment of desmoid tumors. The company is also developing mirdametinib, an oral small molecule MEK inhibitor that is in Phase 2b clinical trials for the treatment of neurofibromatosis type 1-associated plexiform neurofibromas; Nirogacestat + belantamab mafodotin -blmf, which is in Phase Ib clinical trial for the treatment of relapsed or refractory multiple myeloma (RRMM); and Nirogacestat + ALLO-715 that is in Phase 1 clinical trial for the treatment of RRMM. In addition, it is developing Nirogacestat + teclistamab, which is in clinical stage that targets BCMA and CD3; Nirogacestat + elranatamab; Nirogacestat + PBCAR269A, which is in Phase 1/2a clinical trial for allogeneic BCMA CAR T cell therapy; Mirdametinib that is in Phase 1/2a clinical trial for the treatment of NF1-PN; Mirdametinib + lifirafenib, a combination therapy that is in Phase 1b/2 clinical trial in patients with advanced or refractory solid tumors; and BGB-3245, an oral selective small molecule inhibitor of monomeric and dimeric forms of activating BRAF mutations, which is in Phase I clinical trial. The company has collaborations with BeiGene, Ltd., GlaxoSmithKline LLC, and Allogene to develop combination approaches with nirogacestat and mirdametinib; and license agreements with Pfizer Inc. for nirogacestat and mirdametinib. It also has a license agreement with Katholieke Universiteit Leuven and the Flanders Institute for Biotechnology; and clinical trial collaboration agreement with Seagen Inc. SpringWorks Therapeutics, Inc. was founded in 2017 and is headquartered in Stamford, Connecticut.
IPO Year: 2019
Exchange: NASDAQ
Website: springworkstx.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/20/2024 | $60.00 | Outperform | Evercore ISI |
| 2/5/2024 | $75.00 | Buy | Guggenheim |
| 12/1/2022 | $45.00 | Buy | BofA Securities |
| 9/8/2021 | $97.00 → $105.00 | Overweight | JP Morgan |
| 8/5/2021 | $136.00 → $137.00 | Buy | HC Wainwright & Co. |
For Immediate Release: November 27, 2023 Today, the U.S. Food and Drug Administration approved Ogsiveo (nirogacestat) tablets for adult patients with progressing desmoid tumors who require systemic treatment. Ogsiveo is the first drug to be approved for the treatment of patients with desmoid tumors, a rare subtype of soft tissue sarcomas. Desmoid tumors are non-cancerous but can be locally aggressive. The tumor
Submission status for SPRINGWORKS THERAPEUTICS INC's drug OGSIVEO (ORIG-1) with active ingredient NIROGACESTAT has changed to 'Approval' on 11/27/2023. Application Category: NDA, Application Number: 217677, Application Classification: Type 1 - New Molecular Entity
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
4 - SpringWorks Therapeutics, Inc. (0001773427) (Issuer)
DEFA14A - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
8-K - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
DEFM14A - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
PREM14A - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
8-K - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
10-Q - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
SCHEDULE 13G/A - SpringWorks Therapeutics, Inc. (0001773427) (Subject)
DEFA14A - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
DEFA14A - SpringWorks Therapeutics, Inc. (0001773427) (Filer)
8-K - SpringWorks Therapeutics, Inc. (0001773427) (Filer)