Agios Pharmaceuticals

Agios Pharmaceuticals

AGIO
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AGIO · Stock Price

USD 27.53+0.21 (+0.77%)
Market Cap: $1.7B

Historical price data

Market Cap: $1.7BPipeline: 49 drugs (8 Phase 3)Patents: 20Founded: 2008HQ: Cambridge, United States

Overview

Agios Pharmaceuticals is a clinical-stage biopharma company with a singular focus on pioneering therapies for rare genetic diseases by targeting cellular metabolism. The company successfully pivoted from oncology, having discovered IDH mutations and launched two approved cancer drugs, to concentrate its resources on rare metabolic disorders following the $2 billion divestiture of its oncology portfolio to Servier. Its current strategy centers on advancing its lead asset, mitapivat, a pyruvate kinase activator, through late-stage trials for pyruvate kinase deficiency, thalassemia, and sickle cell disease, while cultivating a research engine for novel metabolic targets.

Rare Genetic Metabolic DisordersHemolytic Anemias

Technology Platform

Proprietary platform leveraging deep expertise in cellular metabolism to develop small molecule therapies, with a focus on enzyme activation (e.g., pyruvate kinase) for rare genetic diseases.

Pipeline

49
49 drugs in pipeline8 in Phase 3
DrugIndicationStageWatch
MitapivatPyruvate Kinase DeficiencyApproved
Mitapivat + Mitapivat-matching placeboPediatric Pyruvate Kinase DeficiencyPhase 3
Mitapivat + Mitapivat-matching placeboPediatric Pyruvate Kinase DeficiencyPhase 3
Placebo Matching Mitapivat + MitapivatTransfusion-dependent Alpha-ThalassemiaPhase 3
MitapivatPyruvate Kinase DeficiencyPhase 3

Funding History

4
Total raised:$417M
PIPE$200M
IPO$106M
Series B$78M
Series A$33M

FDA Approved Drugs

2
PYRUKYNDNDAFeb 17, 2022
AQVESMENDAFeb 17, 2022

Opportunities

Mitapivat's expansion into thalassemia (a blockbuster market with no approved therapies for non-transfusion-dependent patients) and sickle cell disease represents a massive growth opportunity.
The company's deep metabolic expertise and robust balance sheet provide a platform for further pipeline expansion and potential business development in rare diseases.

Risk Factors

The company's valuation is highly dependent on positive Phase 3 data for mitapivat in thalassemia in 2024; failure would significantly impair growth prospects.
Commercial success in the highly competitive sickle cell disease market is uncertain, and the company faces pipeline concentration risk with its reliance on a single drug candidate for near-term value creation.

Competitive Landscape

Agios is first-to-market in PK deficiency with no direct late-stage competitors. In thalassemia, it faces competition from luspatercept and gene therapies, but targets an untreated patient segment. The sickle cell disease landscape is intensely competitive with multiple chronic therapies and newly approved curative gene therapies, requiring mitapivat to demonstrate clear differentiation.

Company Timeline

2008Founded

Founded in Cambridge, United States

2010Series B

Series B: $78.0M

2013IPO

IPO — $106.0M

2016PIPE

PIPE: $200.0M

2022FDA Approval

FDA Approval: PYRUKYND

2022FDA Approval

FDA Approval: AQVESME