0.96
-2.24%
Close of 9 Nov 2026, in USD
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About Fibrobiologics
From its filings with the US Securities and Exchange Commission
Fibrobiologics is based in Houston, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker FBLG. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported a net loss of $18.6m. At that date it held total assets of $9.6m and shareholders' equity of $6.2m.
We are a clinical-stage biotechnology company focused on developing and commercializing fibroblast-based therapies for patients suffering from chronic diseases with significant unmet medical needs, including wound healing, multiple sclerosis, or MS, degenerative disc disease, psoriasis, certain cancers, and potential human longevity applications including thymic involution reversal using a thymic organoid. Our most advanced product candidates are CYWC628, CYPS317, CYMS101 and CybroCellTM.
We were formed in April 2021 as a Texas limited liability company under the name FibroBiologics, LLC, and converted to a Delaware corporation in December 2021 under the name Fibrobiologics, Inc. On April 12, 2023, we changed our name to FibroBiologics, Inc. In connection with our formation, we issued shares of our Series A Preferred Stock, or the Series A Preferred Stock, to our then parent, SpinalCyte LLC (d/b/a FibroGenesis), or FibroGenesis, in return for rights to certain intellectual property through a patent assignment agreement, or the Patent Assignment Agreement, and an intellectual property cross-licensing agreement, or the Intellectual Property Cross-License Agreement. Developing the intellectual property obtained from FibroGenesis was the basis for our formation. Prior to our inception, preclinical research and development related to the transferred intellectual property took place under the name FibroGenesis.
Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Biotechnology
- Listed since
- 31 Jan 2024
- Website
- fibrobiologics.com ↗
- Head office
- 9350 KIRBY DRIVE, HOUSTON, TX, 77054
- Incorporated in
- DE
- Classification
- Pharmaceutical Preparations
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Pete O'HeeronChairman of the Board, Chief Executive Officer, Founder, since 2021$1.8m
- Mr. Jason DavisChief Financial Officer
- Dr. Hamid KhojaChief Scientific Officer$853,646
- Mr. Ruben GarciaGeneral Counsel$2.8m
- Mr. Robert HoffmanDirector, since 2021$228,860
- Mr. Richard CilentoIndependent Director$57,170
- Ms. Stacy CoenIndependent Director$65,170
- Mr. Matthew LinkIndependent Director$57,036
- Dr. Victoria NiklasIndependent Director$54,800
- Mr. Nic JohnsonIR Contact Officer, since 2024
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 21
- Environment
- 23
- Social
- 23
- Governance
- 18
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Fibrobiologics Inc focuses on fibroblast-based therapies for chronic diseases with unmet medical needs in the US Health Care sector.
- CybroCell targets degenerative disc disease as an alternative cartilage repair method for intervertebral discs.
- CYMS101 completed Phase I study for multiple sclerosis treatment using allogeneic fibroblast cell therapy.
Weaknesses
- Fibrobiologics Inc has only three product candidates in development within the Biotechnology sector.
- The company's IPO occurred on 31 January 2024, limiting market presence and revenue generation.
- Houston, Texas headquarters may not provide strategic advantages for global Biotechnology expansion.
Opportunities
- Fibrobiologics Inc can expand its product pipeline to include thymic and splenic involution reversal applications.
- The US Health Care sector offers growth potential for regenerative medicine therapies targeting chronic diseases.
- Fibrobiologics Inc can pursue partnerships with healthcare providers in the US for commercialization.
Threats
- Fibrobiologics Inc faces competition from established biotechnology firms in the US Health Care sector.
- Regulatory challenges in the US Biotechnology industry could delay product approvals.
- The company's reliance on a single cell therapy platform may limit diversification in the Health Care market.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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