PRESS-RELEASE ·Filed Apr 21, 2026

FHTX

Foghorn Therapeutics, Inc.
BULLISH
Impact 7/10
Horizonmonths Processed5mo ago WireGlobeNewswire
Press release: fda
Actionable Insight ▲ Bullish

The robust preclinical efficacy and differentiation from existing benchmarks, especially in resistant cancers, could de-risk early-stage development and attract partnership interest. Monitor upcoming clinical trial data readouts for FHD-909, expected later this year, as the next major catalyst.

DirectionBullish
Confidencehigh
Horizonmonths
Final — all horizons settled through T+60d ⚠ clustered
FHTX ▼ -3.71% at T+60d
LONG call ✗ call lost -3.71% · α vs SPY -8.49% · entry $5.39 → $5.19
Entry anchored
Apr 21, 03:59 PM ET
via exchange tick
T+1d
-3.71%
call -3.71% · α -3.32%
$5.19
settled 5mo ago
T+5d
-9.09%
call -9.09% · α -9.15%
$4.90
settled 5mo ago
T+20d
-33.21%
call -33.21% · α -36.38%
$3.60
settled 5mo ago
T+60d
-3.71%
call -3.71% · α -8.49%
$5.19
settled 3mo ago

Price Chart

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Executive Summary

Foghorn Therapeutics presented new preclinical data at AACR 2026 showing complete and durable tumor regression with its SMARCA2 inhibitor FHD-909 in combination with anti-PD-1, along with promising results from its selective CBP, EP300, and ARID1B degrader programs across multiple cancer models. The data reinforce the potential of its chromatin-targeting pipeline, particularly in difficult-to-treat solid and hematologic malignancies.

Key Facts

  • FHD-909 (in collaboration with Lilly) showed complete tumor regression and anti-tumor immune memory in syngeneic mouse models when combined with anti-PD-1 antibody.
  • Selective EP300 degrader outperformed clinical benchmark inobrodib in multiple myeloma models, including in pomalidomide-resistant cases.
  • FHT-171, a selective CBP degrader, demonstrated strong anti-tumor activity and favorable tolerability in ER+ breast cancer PDX models.
  • Robust degradation achieved with cereblon-based selective ARID1B degraders, with potential for oral bioavailability.

Financial Impact

No direct financial impact disclosed; preclinical data may enhance pipeline valuation and investor interest.

pipeline_valueR&D_investmentmarket_sentiment

Risk Factors

  • Preclinical results may not translate to human clinical efficacy.
  • High risk of failure in oncology drug development, particularly in first-in-class mechanisms.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3278403
4 reports for FHTX
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FHTX — sortable, filterable
TypeNow
Aug 6, 2026
8w ago
8-K
MIXED ★ 5/10
$5.57 $4.87▼ −12.57%▼ −13.17%$2.02 (−63.73%)
May 7, 2026
21w ago
8-K
NEUTRAL ★ 3/10
$4.20 $3.64▼ −13.33%▼ −16.47%$2.02 (−51.90%)
Apr 21, 2026
23w ago
Press Release
BULLISH ★ 7/10
$5.39 $3.60▼ −33.21%▼ −36.38%$2.02 (−62.52%)
Apr 21, 2026
23w ago
8-K
BULLISH ★ 7/10
$5.39 $3.60▼ −33.21%▼ −36.38%$2.02 (−62.52%)
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (64h 59m)

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Report published Apr 21, 2026