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SWTX

SpringWorks Therapeutics, Inc.
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About SpringWorks Therapeutics, Inc.

SpringWorks Therapeutics, Inc. is a biopharmaceutical company dedicated to identifying, developing, and commercializing innovative therapies for patient populations grappling with rare diseases and various forms of cancer, often those with significant unmet medical needs. The company's most advanced experimental treatment is nirogacestat, an orally administered small molecule that functions as a gamma secretase inhibitor. This drug is currently progressing through Phase III clinical trials for the management of desmoid tumors. Another key asset in their pipeline is mirdametinib, an oral small molecule designed to inhibit MEK. It is being evaluated in Phase 2b clinical studies for neurofibromatosis type 1-associated plexiform neurofibromas (NF1-PN), and concurrently in Phase 1/2a trials for the same condition. Furthermore, mirdametinib is part of a combination regimen with lifirafenib, currently in Phase 1b/2 clinical assessment for patients with advanced or treatment-resistant solid tumors. The company is also exploring mirdametinib both as a standalone agent and in various combination strategies for solid tumors. Additionally, SpringWorks is advancing BGB-3245, an oral, selective small molecule inhibitor targeting both monomeric and dimeric forms of activating BRAF mutations, which is in Phase I development. SpringWorks has forged strategic alliances, including collaborations with BeiGene, Ltd., GlaxoSmithKline LLC, and Allogene, focusing on combination therapeutic approaches involving nirogacestat and mirdametinib. They have also secured license agreements, notably with Pfizer Inc. for nirogacestat and mirdametinib. Additional licensing deals include an arrangement with Katholieke Universiteit Leuven and the Flanders Institute for Biotechnology for a collection of novel small molecule inhibitors of the TEA Domain, and a separate agreement with Dana-Farber Cancer Institute for a portfolio of novel small molecule inhibitors of Epidermal Growth Factor Receptor. Moreover, the company maintains clinical collaboration agreements with several entities, such as Janssen Biotech, Inc., Precision BioSciences, Inc., Seagen Inc., and AbbVie, Inc. Founded in 2017, SpringWorks Therapeutics, Inc. maintains its corporate headquarters in Stamford, Connecticut.

CEO
Saqib Islam
IPO Date
Sep 13, 2019

Market Data

OpenThe first traded price for the current trading session.
$46.99
HighThe highest traded price in the current trading session.
$46.99
LowThe lowest traded price in the current trading session.
$46.99
VolumeTotal shares traded during the current trading session.
5M
Avg VolumeAverage number of shares traded per session, as reported by FMP.
5.6M
52W HighThe highest traded price over the past 52 weeks.
$62.00
52W LowThe lowest traded price over the past 52 weeks.
$28.21

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$3.5B
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$3.5B
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
$-180M
RevenueTotal sales from the latest annual income statement.
$192M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
$-258M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$70M
DebtTotal debt from the latest balance sheet.
$7.9M

Events

EarningsAug 6

EPS est. -0.81 · actual -0.54

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