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BBIO

QED Therapeutics, a BridgeBio companydistress 1/10 · well-funded / low risk
$82.270%today-9% from 52w high
bridgebio.com834 employeesFounded 2015Palo Alto, CABiotechnology
Lead: LGMD2I/R9 · target FGFR
Revenue
$195M
Liquidity
$949M
Runway
2.1 yrs
Shares 1y
+3%

Price & events

+2.9% over 6M
$63.73$76.95$90.17Jan 26Apr 26Jul 2627.1Mdilution: S-3ASR shelf_registration (2026-05-08)financing: 8-K private_placement (2026-07-02)financing: 8-K material_agreement (2026-05-08)catalyst: encaleret (2026-06-30) — click to opencatalyst: oral infigratinib (2026-06-30) — click to opencatalyst: encaleret (2026-06-30) — click to opencatalyst: BBP-418 (2026-06-30) — click to opencatalyst: BBP-418 (2026-05-27) — click to opencatalyst: encaleret (2026-05-12) — click to opencatalyst: acoramidis (2026-05-11) — click to opencatalyst: PHASE3 encaleret (2026-03-31) — click to opencatalyst: PHASE3 infigratinib (2026-03-31) — click to opencatalyst: PHASE3 BBP-418 (2026-03-31) — click to opencatalyst: BBP-418 (2026-03-30) — click to openrating: Citigroup: Neutral (2026-07-16)rating: HC Wainwright & Co.: Buy (2026-07-13)rating: Mizuho: Outperform (2026-06-16)rating: Canaccord Genuity: Buy (2026-06-03)rating: Morgan Stanley: Overweight (2026-05-28)rating: HC Wainwright & Co.: Buy (2026-05-28)rating: Raymond James: Outperform → Market Perform (2026-05-26)rating: Citigroup: Neutral (2026-05-19)
CatalystRating changeDilutionFinancingdashed = today
-0.5%
1D
+2.4%
1W
+19.9%
1M
+14.8%
3M
+5.6%
6M
+78.1%
1Y
+199.3%
2Y
+35.8%
5Y
+29.3%
All

Overview

Market Cap
$16.11B
Enterprise Value
$17.89B
Volume
76.41K
52 Week Range
$44.81 – $90.17
Total Shares
195.86M
Float Shares
164.66M
Short %
13.74%
% Held by Insiders
3.92%
% Held by Institutions
102.05%
RVOL
0.02x
Beta
0.95

Pipeline stages · 4 programs

Infigratinib
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-01
AG10
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-07
Acoramidis (AG10)
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-04-15
Encaleret
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-12

Pipeline · 10 trials · 9 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2027-01
Estimated 50%
readout ~2027-03-17
Phase 2/3infigratinib 0.128 mg/kg/day, infigratinib 0.25 mg/kg/daybreakthroughHypochondroplasiaenrolling by invitation
2027-07
Estimated 50%
readout ~2027-08-15
Phase 2AG10Amyloid Cardiomyopathyactive not recruiting
2028-04-15
Estimated 50%
readout ~2028-06-29
Phase 3Acoramidis (AG10)Amyloid Cardiomyopathy, Transthyretin-Relatedactive not recruiting
2028-12
Estimated 50%
readout ~2029-02-14
Phase 2/3Encaleretfast trackorphanAutosomal Dominant Hypocalcemia Type 1 (ADH1)recruiting
2031-10
Estimated 50%
readout ~2031-12-15
Phase 3AcoramidisAmyloidosis, Amyloid Cardiomyopathy, Transthyretin Amyloidosis, Cardiomyopathies, Heart Diseases, Polyneuropathiesrecruiting
Show all 10 trials · 5 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2031-12-01
Estimated 50%
readout ~2032-01-15
Phase 2InfigratinibbreakthroughAchondroplasiaenrolling by invitation
2032-03
Estimated 50%
readout ~2032-04-15
Phase 2Infigratinib is provided as a single dose of minitablets for oral administration, InfigratbreakthroughAchondroplasiarecruiting
2036-05-31
Estimated 50%
readout ~2036-07-15
Phase 2InfigratinibbreakthroughHypochondroplasiaenrolling by invitation
2037-11
Estimated 50%
readout ~2038-01-15
Phase 3Acoramidis (AG10)Amyloidosis in Transthyretin (TTR), Amyloidosis, Familial, Amyloid Cardiomyopathy, Amyloid Cardiomyopathy, Transthyretin-Related, Amyloidogenic Transthyretin (ATTR) Amyloidosis, Heart Disease, Cardiomyopathies, Amyloidosis, Hereditary, Transthyretin-Related, Polyneuropathies, Amyloidosisnot yet recruiting
2025-12-18
Phase 3Infigratinib 0.25 mg/kg/daybreakthroughAchondroplasia114completed

Catalyst news & presentations · 24

Approved drugs (1)

  • ATTRUBYACORAMIDIS HYDROCHLORIDE2024 · Prescription

Capital structure — dilution & financing

Shares out: 195,861,242 · 0 offerings/1y · 2 PIPEs
  • 2026-07-028-Kprivate_placement
  • 2026-05-088-Kmaterial_agreement
  • 2026-05-08S-3ASRshelf_registration
  • 2026-01-218-Kprivate_placement
  • 2025-07-028-Kmaterial_agreement
  • 2025-02-288-Kprivate_placement
  • 2024-11-12SC 13G/Astrategic_stake
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $105 (+28% upside) · 21 analysts
  • 2026-07-16CitigroupNeutral
  • 2026-07-13HC Wainwright & Co.Buy
  • 2026-06-16MizuhoOutperform
  • 2026-06-03Canaccord GenuityBuy
  • 2026-05-28Morgan StanleyOverweight
  • 2026-05-28HC Wainwright & Co.Buy

Competitors — FGFR

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.