4DMT Announces New Employment Inducement Grants
April 11 2025 - 4:05PM
4D Molecular Therapeutics (Nasdaq: FDMT, 4DMT or the Company), a
leading late-stage biotechnology company advancing durable and
disease-targeted therapeutics with potential to transform treatment
paradigms and provide unprecedented benefits to patients, today
announced that on April 8, 2025, the compensation committee of the
Company’s board of directors granted three new non-executive
employees 16,500 Restricted Stock Units (RSUs). The RSUs were
granted pursuant to the Company’s 2025 Employment Inducement Award
Plan, which was approved by the Company’s board of directors in
February 2025 under Rule 5635(c)(4) of The Nasdaq Global Market for
equity grants to induce new employees to enter into employment with
the Company.
About 4DMT
4DMT is a leading late-stage biotechnology company advancing
durable and disease-targeted therapeutics with potential to
transform treatment paradigms and provide unprecedented benefits to
patients. Our lead product candidate 4D-150 is designed to be a
backbone therapy forming the foundation of treatment of blinding
retinal vascular diseases by providing multi-year sustained
delivery of anti-VEGF (aflibercept and anti-VEGF-C) with a single,
safe, intravitreal injection, which substantially reduces the
treatment burden associated with current bolus injections. Our lead
indication for 4D-150 is wet age-related macular degeneration,
which is currently in Phase 3 development, and second indication is
diabetic macular edema. Our second product candidate is 4D-710,
which is the first known genetic medicine to demonstrate successful
delivery and expression of the CFTR transgene in the lungs of
people with cystic fibrosis after aerosol delivery. 4D Molecular
Therapeutics™, 4DMT™, Therapeutic Vector Evolution™, and the 4DMT
logo are trademarks of 4DMT.
All of our product candidates are in clinical or preclinical
development and have not yet been approved for marketing by the
U.S. Food and Drug Administration or any other regulatory
authority. No representation is made as to the safety or
effectiveness of our product candidates for the therapeutic uses
for which they are being studied.
Learn more at www.4DMT.com and follow us on LinkedIn.
Contacts:
Media:
Jenn Gordondna CommunicationsMedia@4DMT.com
Investors:
Julian PeiHead of Investor Relations and Corporate
FinanceInvestor.Relations@4DMT.com
4D Molecular Therapeutics (NASDAQ:FDMT)
Historical Stock Chart
From Apr 2025 to May 2025
4D Molecular Therapeutics (NASDAQ:FDMT)
Historical Stock Chart
From May 2024 to May 2025