Shares of Terns Pharmaceuticals (TERN) , a clinical-stage company, soared 16.8% after the company announced positive top-line data from the early-stage single and multiple-ascending dose (SAD and MAD) obesity study. The phase I study evaluated the safety, tolerability, pharmacokinetics and pharmacodynamics of its investigational, oral, small-molecule GLP-1R agonist, TERN-601, dosed once daily in healthy adults with obesity or overweight. Terns Reports Superior Weight Reduction With TERN-601 Per the data rea ...

FOSTER CITY, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. ("Terns" or the "Company") (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of smallmolecule product candidates to address serious diseases, including oncology and obesity, today announced that it has commenced a proposed underwritten public offering of $125 million of shares of its common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its c ...

Terns Pharmaceuticals (TERN) Update / Briefing September 09, 2024 07:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Returns Pharmaceuticals Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please Speaker1 be advised that today's conference is being recorded. I would now like Speaker0 to hand the conference over to your speaker today, Amanda Iskoff with PrecisionAQ. Please go ah ...

Statistically significant mean weight loss up to 5.5% over 28 days (4.9% placebo adjusted) Well-tolerated with no treatment-related dose interruptions, reductions, or discontinuations even with rapid dose titration Distinct drug properties support potential to be a leading GLP-1R agonist Plans to initiate Phase 2 clinical trial in 2025 Company to host conference call today at 8:00 am ET FOSTER CITY, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. ("Terns" or the "Company") (Nasdaq: TE ...

Shares of Terns Pharmaceuticals, Inc. (TERN) , a clinical-stage biopharmaceutical company, rose 29.6% in the past three months compared with the industry's growth of 7.4%. The stock outperformed the sector and the S&P 500 Index during the said time frame. The outperformance can be attributed to encouraging pipeline progress of its obesity and oncology candidates. TERN Outperforms Industry, Sector & S&P 500 Image Source: Zacks Investment Research Terns Targets Lucrative Obesity Market Terns is developing a p ...

Shares of Terns Pharmaceuticals, Inc. (TERN) have gained 3.7% over the past four weeks to close the last trading session at $7.95, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $14.21 indicates a potential upside of 78.7%. The average comprises seven short-term price targets ranging from a low of $5.50 to a high of $22, with a standard deviation of $5.92. While the lowest esti ...

"Elona's proven leadership and deep industry knowledge make her an ideal addition to the Terns team," said Amy Burroughs, chief executive officer of Terns. "As we advance our pipeline and execute on our strategic priorities, her expertise will be instrumental in driving our growth and success." Ms. Kogan joins Terns with a distinguished career spanning over 20 years in the life sciences sector. Previously, she served as chief legal officer at Seer, Inc., where she played a pivotal role in the company's IPO ...

FOSTER CITY, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. ("Terns" or the "Company") (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of smallmolecule product candidates to address serious diseases, including oncology and obesity, today announced the appointment of Elona Kogan, Esq., as chief legal officer, effective immediately. Ms. Kogan brings a wealth of industry experience and has successfully guided several biotechnology companies through trans ...

"While GLP-1 receptor agonists facilitate weight loss by suppressing food intake, efficacy may be limited by metabolic adaptation, a counter regulatory process that lowers energy expenditure in response to weight loss. THR-β agonism, an orthogonal mechanism to GLP-1, appears to unlock additional efficacy of GLP-1 therapies by normalizing energy expenditure during weight loss, while preserving relative lean mass," said Emil Kuriakose, M.D., chief medical officer at Terns. "These exciting results suggest that ...

About TERN-501 FOSTER CITY, Calif., June 21, 2024 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. ("Terns" or the "Company") (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of smallmolecule product candidates to address serious diseases, including oncology and obesity, today announced that preclinical data supporting TERN-501, a highly selective thyroid hormone receptor beta (THR-β) receptor agonist, in combination with a GLP-1 receptor agonist for obesity will be highlight ...