SAN FRANCISCO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- FibroGen, Inc. (NASDAQ: FGEN) today announced that the Company will be attending and presenting at the H.C. Wainwright 27th Annual Global Investment Conference being held September 8-10, 2025, in New York, NY. Thane Wettig, Chief Executive Officer of FibroGen, will deliver a company presentation on Tuesday, September 9 at 12:00 PM ET at the Lotte New York Palace Hotel. A live webcast of the presentation will be available here. FibroGen’s management team will ...

Group 1 - FibroGen, Inc. will announce its second quarter 2025 financial results on August 11 after market close [1] - A conference call and webcast presentation will be held on the same day at 5:00 PM Eastern Time to discuss financial results and provide a business update [2] - The company is focused on developing novel therapies for cancer biology and anemia, with its drug Roxadustat approved in multiple countries for treating anemia in chronic kidney disease patients [3] Group 2 - FibroGen is also evaluating a development plan for Roxadustat in anemia associated with lower-risk myelodysplastic syndrome in the U.S. [3] - The company is developing FG-3246, a first-in-class antibody-drug conjugate targeting CD46 for metastatic castration-resistant prostate cancer [3] - FG-3180, an associated CD46-targeted PET biomarker, is also in development [4]

Core Viewpoint - FibroGen, Inc. will implement a 1-for-25 reverse stock split to increase the per-share market price and regain compliance with Nasdaq listing requirements [2][3]. Group 1: Reverse Stock Split Details - The reverse stock split will be effective at 5:00 p.m. Eastern Time on June 16, 2025, with trading on a split-adjusted basis starting June 17, 2025 [1]. - The number of issued and outstanding shares will decrease from approximately 101.1 million to about 4.0 million shares [3]. - Stockholders will receive cash payments for any fractional shares instead of receiving fractional shares [3]. Group 2: Approval and Purpose - The reverse stock split was approved by stockholders at the 2025 Annual Meeting held on June 4, 2025 [2]. - The primary goal of the reverse stock split is to increase the market price of FibroGen's common stock to meet Nasdaq's minimum bid price requirement [2]. Group 3: Company Overview - FibroGen is a biopharmaceutical company focused on developing novel therapies for cancer and anemia [5]. - Roxadustat is approved in multiple regions for treating anemia in chronic kidney disease patients [5]. - The company is also developing FG-3246, an antibody-drug conjugate for metastatic castration-resistant prostate cancer [5].

Company Overview - FibroGen, Inc. is a biopharmaceutical company focused on developing novel therapies in cancer biology and anemia [4] - The company has an approved product, Roxadustat (爱瑞卓®, EVRENZO™), for treating anemia in chronic kidney disease (CKD) patients in multiple regions including China, Europe, and Japan [4] - FibroGen is evaluating a development plan for Roxadustat in anemia associated with lower-risk myelodysplastic syndrome (LR-MDS) in the U.S. [4] - The company is also developing FG-3246 (FOR46), a first-in-class antibody-drug conjugate targeting CD46 for metastatic castration-resistant prostate cancer [4] Leadership Appointment - Dr. Michael Kauffman has been appointed to the Board of Directors of FibroGen effective June 4, 2025 [1] - Dr. Kauffman is recognized as a biotech industry veteran with extensive experience in drug development, particularly in oncology [2] - His expertise is expected to be invaluable as FibroGen progresses its pipeline and approaches near-term clinical milestones [2] Dr. Michael Kauffman's Background - Dr. Kauffman has approximately 30 years of experience in the life sciences industry, focusing on oncology therapeutic products [3] - He currently serves as CEO and president of Nereid Therapeutics Inc. and is a board member of several other biotech companies [3] - His previous roles include co-founder and CEO of Karyopharm, CMO of Onyx Pharma, and leadership positions at Millennium Pharmaceuticals and Biogen [3] - Dr. Kauffman holds an MD and PhD from Johns Hopkins Medical School and is board certified in Internal Medicine [3]

Financial Results Announcement - FibroGen, Inc. will announce its first quarter 2025 financial results on May 12, 2025, after market close [1] - A conference call will be held on the same day at 5:00 PM Eastern Time to discuss the company's corporate and financial performance [1] Conference Call Details - The management team will host a conference call and webcast presentation to discuss financial results and provide a business update [2] - A live Q&A session will follow the presentation, and interested parties can access the live audio webcast [2] Company Overview - FibroGen, Inc. is a biopharmaceutical company focused on developing novel therapies in cancer biology and anemia [3] - Roxadustat is approved in multiple regions, including China, Europe, and Japan, for treating anemia in chronic kidney disease patients [3] - The company is evaluating a development plan for roxadustat in anemia associated with lower-risk myelodysplastic syndrome in the U.S. [3] - FG-3246, a first-in-class antibody-drug conjugate targeting CD46, is in development for metastatic castration-resistant prostate cancer [3] - The development program also includes FG-3180, a CD46-targeted PET biomarker [3]