Transformative Sale of FibroGen China
FibroGen completed the sale of FibroGen China to AstraZeneca for approximately $220 million, providing efficient access to cash and extending the cash runway into 2028.
Progress in Prostate Cancer Treatment
Initiated Phase II monotherapy trial for FG-3246 in metastatic castration-resistant prostate cancer. Phase I results showed median radiographic progression-free survival of 8.7 months and PSA reductions greater than 50% in 36% of patients.
Regulatory Path for Roxadustat
Successful Type C meeting with the FDA for roxadustat, with plans to submit Phase III trial protocol for anemia treatment in lower-risk myelodysplastic syndromes by the end of the year.
Significant Cost Reduction
Total operating costs and expenses for Q3 2025 were reduced by 86% year-over-year to $6.5 million from $47.8 million in Q3 2024.