Market Cap 1.47B
Revenue (ttm) 0.00
Net Income (ttm) -133.81M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio 0.00
Volume 464,700
Avg Vol 953,162
Day's Range N/A - N/A
Shares Out 105.20M
Stochastic %K 49%
Beta 0.25
Analysts Strong Sell
Price Target $39.36

Company Profile

Edgewise Therapeutics, Inc., a biopharmaceutical company, discovers, develops, and commercializes therapies for the treatment of muscle disorders. Its lead product candidate, EDG-5506, an orally administered small molecule that is in Phase II clinical trials, designed to address the root cause of dystrophinopathies including Duchenne muscular dystrophy and Becker muscular dystrophy. The company develops EDG-7500, a small molecule for the treatment of hypertrophic cardiomyopathy and other severe...

Industry: Biotechnology
Sector: Healthcare
Phone: 720-262-7002
Address:
1715 38th Street, Boulder, United States
The_Real_Heisenberg
The_Real_Heisenberg Jul. 14 at 6:45 PM
$ATOS and $EWTX are moving in the same pattern.
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Ayed91
Ayed91 Jul. 7 at 10:05 PM
$EWTX Will you look at that ✅
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S_Franconi
S_Franconi Jul. 2 at 12:23 PM
$EWTX Solid.
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Quantumup
Quantumup Jun. 30 at 3:30 PM
H.C. Wainwright🏁 $EWTX Buy-$42 and said, "Providing alternative approaches for inherited muscle disorders." $BMY $CYTK $CAPR $SRPT H.C. Wainwright added, "We are initiating coverage of Edgewise Therapeutics with a Buy rating and $42 price target. Edgewise is a clinical-stage biotechnology company focused on developing orally delivered small molecule inhibitors for severe muscle diseases with significant unmet needs. H.C. Wainwright went on to say:
3 · Reply
JarvisFlow
JarvisFlow Jun. 30 at 11:30 AM
HC Wainwright & Co. updates rating for Edgewise Therapeutics ( $EWTX ) to Buy, target set at 42.
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Quantumup
Quantumup Jun. 27 at 3:06 PM
RBC Capital reit $EWTX OP-$48 "We Remain Bullish On Sevasemten's Potential In Becker's, DMD Can Serve As Upside" $CAPR $SRPT $BMY $CYTK RBC added, "This morning $EWTX shared updates on sevasemten in both BMD & DMD - we came away noting the following: 1) a clear registrational path to become the first-ever approved therapy for BMD, though no accelerated approval, 2) seva demonstrating sustained disease stabilization in BMD patients for up to 3 yrs in MESA, 3) mgmt confident drug is active in DMD, though ph.Ill plans still being finalized. While the optics of the update may seem negative (no AA, no clear DMD win) - and we understand some downside is expected - we come away remaining positive on seva's potential to succeed in BMD with optionality in DMD, given clean safety, signals of efficacy, and we continue to trust mgmt's approach to development. We would be buyers on weakness given high PoS for GRAND CANYON in 2026, as well as our conviction in parallel HCM development program for '7500."
1 · Reply
justiceforb_85
justiceforb_85 Jun. 26 at 6:11 PM
$EWTX unfortunately data is underwhelming. Sevasemten reduces CK levels which is good, but there was not statistically significant change in NSAA score, the latter of which the FDA would consider for accelerated approval.
2 · Reply
Quantumup
Quantumup Jun. 26 at 5:17 PM
B.Riley🏁 $CAPR Buy-$21 and said, "We expect post-approval high growth, as Deramiocel expansion could see >$1B in peak revenue." - '1002 is expected to see favorable comm env w/ 100-200 pt base=$25-$50M in top-line rev w/in 1st Q of launch. $PTCT $SRPT $EWTX B.Riley said in its initiation report:
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S_Franconi
S_Franconi Jun. 26 at 4:14 PM
$EWTX Added.
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S_Franconi
S_Franconi Jun. 26 at 2:03 PM
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Latest News on EWTX
Analysts Think There's Still Time To Get In On Edgewise

Sep 30, 2024, 12:12 PM EDT - 10 months ago

Analysts Think There's Still Time To Get In On Edgewise


Edgewise Therapeutics Soars 50%: Key Reasons Behind the Surge

Sep 25, 2024, 11:50 AM EDT - 10 months ago

Edgewise Therapeutics Soars 50%: Key Reasons Behind the Surge


Wedbush's Laura Chico talks biotech investing in 2024

Dec 26, 2023, 5:21 PM EST - 1 year ago

Wedbush's Laura Chico talks biotech investing in 2024

IBB NBIX VRDN XBI


The_Real_Heisenberg
The_Real_Heisenberg Jul. 14 at 6:45 PM
$ATOS and $EWTX are moving in the same pattern.
0 · Reply
Ayed91
Ayed91 Jul. 7 at 10:05 PM
$EWTX Will you look at that ✅
0 · Reply
S_Franconi
S_Franconi Jul. 2 at 12:23 PM
$EWTX Solid.
0 · Reply
Quantumup
Quantumup Jun. 30 at 3:30 PM
H.C. Wainwright🏁 $EWTX Buy-$42 and said, "Providing alternative approaches for inherited muscle disorders." $BMY $CYTK $CAPR $SRPT H.C. Wainwright added, "We are initiating coverage of Edgewise Therapeutics with a Buy rating and $42 price target. Edgewise is a clinical-stage biotechnology company focused on developing orally delivered small molecule inhibitors for severe muscle diseases with significant unmet needs. H.C. Wainwright went on to say:
3 · Reply
JarvisFlow
JarvisFlow Jun. 30 at 11:30 AM
HC Wainwright & Co. updates rating for Edgewise Therapeutics ( $EWTX ) to Buy, target set at 42.
0 · Reply
Quantumup
Quantumup Jun. 27 at 3:06 PM
RBC Capital reit $EWTX OP-$48 "We Remain Bullish On Sevasemten's Potential In Becker's, DMD Can Serve As Upside" $CAPR $SRPT $BMY $CYTK RBC added, "This morning $EWTX shared updates on sevasemten in both BMD & DMD - we came away noting the following: 1) a clear registrational path to become the first-ever approved therapy for BMD, though no accelerated approval, 2) seva demonstrating sustained disease stabilization in BMD patients for up to 3 yrs in MESA, 3) mgmt confident drug is active in DMD, though ph.Ill plans still being finalized. While the optics of the update may seem negative (no AA, no clear DMD win) - and we understand some downside is expected - we come away remaining positive on seva's potential to succeed in BMD with optionality in DMD, given clean safety, signals of efficacy, and we continue to trust mgmt's approach to development. We would be buyers on weakness given high PoS for GRAND CANYON in 2026, as well as our conviction in parallel HCM development program for '7500."
1 · Reply
justiceforb_85
justiceforb_85 Jun. 26 at 6:11 PM
$EWTX unfortunately data is underwhelming. Sevasemten reduces CK levels which is good, but there was not statistically significant change in NSAA score, the latter of which the FDA would consider for accelerated approval.
2 · Reply
Quantumup
Quantumup Jun. 26 at 5:17 PM
B.Riley🏁 $CAPR Buy-$21 and said, "We expect post-approval high growth, as Deramiocel expansion could see >$1B in peak revenue." - '1002 is expected to see favorable comm env w/ 100-200 pt base=$25-$50M in top-line rev w/in 1st Q of launch. $PTCT $SRPT $EWTX B.Riley said in its initiation report:
0 · Reply
S_Franconi
S_Franconi Jun. 26 at 4:14 PM
$EWTX Added.
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S_Franconi
S_Franconi Jun. 26 at 2:03 PM
0 · Reply
OpenOutcrier
OpenOutcrier Jun. 26 at 12:18 PM
$EWTX (-5.7% pre) Breakthrough: First-Ever Becker Muscular Dystrophy Treatment Shows 3-Year Disease Stabilization https://ooc.bz/l/68767
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DonCorleone77
DonCorleone77 Jun. 26 at 10:29 AM
$EWTX Edgewise Therapeutics announces results from sevasemten program Edgewise Therapeutics unveiled results in its sevasemten program for Becker and Duchenne muscular dystrophies. The company announced data from MESA, an open label extension trial that is providing continued access to sevasemten to participants with Becker who were previously enrolled in ARCH, or completed CANYON, GRAND CANYON, or DUNE. As of the March data cut, 99% of eligible participants are enrolled in MESA. The MESA data demonstrated sustained disease stabilization, reinforcing prior ARCH and CANYON findings. Importantly, CANYON participants who rolled over to MESA showed increased North Star Ambulatory Assessment scores over 18 months, with a trend toward improvement in placebo participants switching to sevasemten. During the 18 months of sevasemten treatment, participants' NSAA scores continued to diverge relative to the expected functional declines seen in multiple Becker natural history studies. Further, NSAA scores for ARCH participants who rolled over to MESA remained stable after three years of treatment. Sevasemten continues to demonstrate a favorable safety profile after up to three years of treatment. Edgewise recently completed a successful Type C meeting with the FDA, which provided a clear path to registration of sevasemten as the first ever therapy for Becker. While the FDA deemed the CANYON data alone insufficient for an accelerated approval, the Agency reiterated that NSAA is a clinically meaningful endpoint for traditional approval. The FDA encouraged Edgewise to continue to share MESA data and natural history prospective modeling ahead of GRAND CANYON completion. Further, the FDA emphasized their support for GRAND CANYON, the ongoing global pivotal placebo-controlled cohort, and its potential as a single adequate well-controlled study to support registration. GRAND CANYON is highly powered to show a statistically significant difference in NSAA versus placebo over 18 months and is on track for topline data in the fourth quarter of 2026. The company also announced encouraging topline data from its Phase 2 Duchenne trials, LYNX and FOX. The goals were to explore a range of doses to assess safety and identify a potentially beneficial dose for Phase 3. The trial's dose escalation paradigm provided a three-month placebo-controlled period to evaluate biomarkers for dose selection, followed by an open label period. Across both studies, at target doses, sevasemten was well-tolerated. The company plans to meet with the FDA in the fourth quarter to discuss a Phase 3 design including input on the patient population and endpoints, with plans to initiate the pivotal study in 2026. In addition, the company plans to continue to collect longer-term open label extension data, which will provide further access to the drug to trial participants.
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G101SPM
G101SPM Jun. 26 at 10:18 AM
$EWTX $13.75 bid. DAC $16.58 (6.20.24). EXIT $45.00 -LT. UPDATE: Company announced positive data from MESA, an open label extension trial that is providing continued access to sevasemten to participants with Becker who were previously enrolled in ARCH, or completed CANYON, GRAND CANYON, or DUNE. As of the March 2025 data cut, 99% of eligible participants (n=85) are enrolled in MESA. The FDA encouraged Edgewise to continue to share MESA data and natural history prospective modeling ahead of GRAND CANYON completion. Further, the FDA emphasized their support for GRAND CANYON, the ongoing global pivotal placebo-controlled cohort, and its potential as a single adequate well-controlled study to support registration. GRAND CANYON is highly powered to show a statistically significant difference in NSAA versus placebo over 18 months and is on track for topline data in the fourth quarter of 2026.
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Quantumup
Quantumup Jun. 24 at 12:42 PM
Cantor reiterated $CAPR Overweight-$30 and said "Management addressed the recent headlines floating around after recent staffing changes at the FDA." $EWTX $SRPT Cantor added, "They don't believe that Dr. Verdun was placed on administrative leave related specifically to $CAPR's review. They suggested that the FDA would be unlikely to take a step this drastic as Dr. Prasad could easily just overrule a decision. As of last Friday afternoon, the company was notified that the Agency does not see the need for an advisory committee meeting at this time."
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Quantumup
Quantumup Jun. 11 at 7:51 PM
Oppenheimer reiterated $CAPR at Outperform-$43 and said it has increased confidence heading into deramiocel's potential approval for DMD cardiomyopathy. $EWTX $SRPT H.C. Wainwright reiterated $CAPR Buy-$77 and noted $CAPR expressed confidence that its facility is well-positioned to meet FDA requirements - barring future unforeseen issues, HCW believes any current concerns regarding manufacturing are unwarranted. Oppenheimer said in its note to investors:
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Quantumup
Quantumup Jun. 11 at 6:29 PM
Piper Sandler reiterated $EWTX Overweight-$51-Best Idea and said, " $EWTX remains one of our 2025 best ideas as we feel confident that sevasemten's BMD regulatory update in 2Q25 will indicate FDA giving the green light to file for accelerated approval." $SRPT $CAPR $BMY $CYTK Piper Sandler added, "As investors may not yet appreciate sevasemten's opportunity in BMD, we believe clarity on next steps should drive share gains. Subsequently, EDG-7500's 12- week Cohort D topline in 2H25 is another key catalyst de-risked for PoS with potential to establish no ECHO-based titrations (driving key differentiation vs CMIs). Overall, we believe EDG-7500 has a unique value proposition in HCM (especially as nHCM remains an untapped population). All told, we remain bullish on $EWTX stock and see meaningful upside opportunities into a catalyst-rich next ~18 months."
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Quantumup
Quantumup Jun. 6 at 12:10 PM
Scotiabank⬆️ $SRPT to Sector Outperform/$80 from Sector Perform. $ARWR $RHHBY $EWTX $RGNX Scotiabank said in its note: "We are upgrading $SRPT's stock to Sector Outperform and maintaining our $80 Price Target (PT). We think the risk reward is favorable now that negative news (Elevidys patient death, downward revision of 2025 sales guidance) is more than reflected in $SRPT's share price, and we see several important catalysts coming up that could drive the stock higher. #1. Vinay Prasad's (Director of CBER) increasingly positive stance on rare disease drugs. #2. Expected pick up in Elevidys sales 2H25 - Street has modest expectations. #3. Potentially positive readouts for DM1, FSHD and LGMD this year - Street has modest expectations. #4. A R&D day coming up in the latter half of 2025 - Street has modest expectations."
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JarvisFlow
JarvisFlow Jun. 5 at 2:06 PM
RBC Capital updates rating for Edgewise Therapeutics ( $EWTX ) to Outperform, target set at 48.
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S_Franconi
S_Franconi Jun. 2 at 2:53 PM
$IMTX $EWTX $DYN Gainer list - this year.
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S_Franconi
S_Franconi May. 30 at 7:23 PM
0 · Reply
S_Franconi
S_Franconi May. 30 at 2:03 PM
$EWTX Added.
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Quantumup
Quantumup May. 28 at 12:19 PM
Goldman Sachs reiterated $SRPT Buy-$100. $RHHBY $ARWR $EWTX $RGNX Goldman Sachs said in its note, "We recently hosted a meeting with newly-appointed FDA CBER Director Dr. Vinay Prasad where, in our view, his commentary was supportive of regulatory flexibility balanced with clinical rigor and upholding decisions made by prior CBER leadership (outside of COVID-19). Thus, as it relates to Elevidys in Duchenne muscular dystrophy, our takeaway, inclusive of his prior commentary in April, is given the drug's full approval in ambulatory patients, it is likely to remain on the market for this population barring serious safety events. Goldman Sachs added:
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