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OLMAOlema Pharmaceuticals Inc

NASDAQ · Healthcare · Biotechnology

$10.76

+$0.20 (+1.89%)

Olema Pharmaceuticals Inc (OLMA) is a biotechnology company listed on NASDAQ. It is led by Sean P. Bohen M.D., Ph.D., based in 780 Brannan Street, San Francisco, CA, United States, 94103, with about 137 employees. Olema Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for women's cancers. The company's lead product candidate is palazestrant, an estrogen receptor (ER) antagonist and a selective ER degrader, which is in Phase 3 clinical trial for the treatment of recurrent, locally advanced, or metastatic ER-positive, human epidermal growth factor receptor 2-negative breast cancer; OPERA-01, the pivotal Phase 3 clinical trial of palazestrant as a monotherapy in second/third-line ER+/HER2- metastatic breast cancer; and palazestrant with CDK4/6 inhibitors, a phosphatidylinositol 3 kinase alpha (PI3Ka) inhibitor alpelisib, a mechanistic target of rapamycin inhibitor, and a CDK4 inhibitor that is in Phase 1b/2 clinical trial for the treatment of ER+/HER2- advanced or metastatic breast cancer. It also develops OP-3136, an orally-available small molecule that potently and selectively inhibits KAT6 which is in Phase 1 clinical trials for patients with breast and other solid tumor cancers. The company was formerly known as CombiThera, Inc. and changed its name to Olema Pharmaceuticals, Inc. in March 2009. Olema Pharmaceuticals, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.

Net income was -$116.4M. OLMA currently screens at market cap $824.6M.

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About Olema Pharmaceuticals Inc

Olema Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapies for women's cancers. The company's lead product candidate is palazestrant, an estrogen receptor (ER) antagonist and a selective ER degrader, which is in Phase 3 clinical trial for the treatment of recurrent, locally advanced, or metastatic ER-positive, human epidermal growth factor receptor 2-negative breast cancer; OPERA-01, the pivotal Phase 3 clinical trial of palazestrant as a monotherapy in second/third-line ER+/HER2- metastatic breast cancer; and palazestrant with CDK4/6 inhibitors, a phosphatidylinositol 3 kinase alpha (PI3Ka) inhibitor alpelisib, a mechanistic target of rapamycin inhibitor, and a CDK4 inhibitor that is in Phase 1b/2 clinical trial for the treatment of ER+/HER2- advanced or metastatic breast cancer. It also develops OP-3136, an orally-available small molecule that potently and selectively inhibits KAT6 which is in Phase 1 clinical trials for patients with breast and other solid tumor cancers. The company was formerly known as CombiThera, Inc. and changed its name to Olema Pharmaceuticals, Inc. in March 2009. Olema Pharmaceuticals, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.

OLMA Key Statistics

Market Cap

$824.56M

Volume

38,431

Previous Close

$10.91

Day Range

$10.57$10.83

0

P/B Ratio

1.72

EPS

-$2.20

Revenue

$0.00

Net Income

-$129.47M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

137

OLMA Financials

Annual income statement in USD. Latest reported periods first.

OLMA annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$129.47M-$96.66M-$104.79M-$71.10M
EPS (Diluted)-$2.20-$2.14-$2.62-$1.80

Total Assets

$450.98M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$139.48M

Operating Cash Flow

-$104.35M

Free Cash Flow

$0.00

Olema Pharmaceuticals Inc Company Information

President, CEO, Interim Principal Financial Officer & Director
Sean P. Bohen M.D., Ph.D.
Headquarters
780 Brannan Street, San Francisco, CA, United States, 94103
Website
olema.com
Phone
415 651 3316
IPO / Founded
2020-11-19
Industry
Biotechnology
Data Updated:

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