FGFR2/3 inhibitor
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Cogent Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-09-29 20:05
Core Insights - Cogent Biosciences, Inc. announced the approval of inducement equity awards for 10 new employees as part of its 2020 Inducement Plan, in compliance with Nasdaq corporate governance rules [1][2] Group 1: Inducement Equity Awards - The Compensation Committee approved nonqualified options to purchase a total of 299,200 shares of Cogent common stock for the new employees [2] - Each option has a 10-year term with an exercise price equal to the closing price on the grant date, and a four-year vesting schedule [2] Group 2: Company Overview - Cogent Biosciences focuses on developing precision therapies for genetically defined diseases, with its most advanced clinical program being bezuclastinib, a selective tyrosine kinase inhibitor [3] - Bezuclastinib targets the KIT D816V mutation, which is linked to systemic mastocytosis and advanced gastrointestinal stromal tumors (GIST) [3] - The company is also conducting a Phase 1 study of a novel FGFR2/3 inhibitor and developing therapies targeting mutations in ErbB2, PI3Kα, and KRAS [3]
Cogent Biosciences Announces Participation in the Citi Biopharma Conference
Globenewswire· 2025-08-26 12:00
Group 1 - Cogent Biosciences, Inc. announced participation in the Citi Biopharma Back to School Conference on September 3, 2025, at 9:00 a.m. ET [1] - A live webcast of the event will be available on Cogent's Investors & Media page, with a replay accessible for 30 days post-event [2] - The Compensation Committee approved inducement equity awards for two new employees, granting nonqualified options to purchase 54,500 shares of common stock, with a 10-year term and a four-year vesting schedule [3] Group 2 - Cogent Biosciences focuses on developing precision therapies for genetically defined diseases, with its leading clinical program, bezuclastinib, targeting the KIT D816V mutation linked to systemic mastocytosis and advanced gastrointestinal stromal tumors [4] - The company is also conducting a Phase 1 study of a novel FGFR2/3 inhibitor and developing targeted therapies for mutations in ErbB2, PI3Kα, and KRAS [4] - Cogent is headquartered in Waltham, MA, and Boulder, CO, and provides updates on its website and social media platforms [4]