FibroBiologics, Inc. Common Stock
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in mil. unless spec.Company Description
- CEO
- Peter O'Heeron
- Full Time Employees
- 15
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 455 East Medical Center Boulevard Houston TX United States of America 77598
- IPO Date
- Feb 1, 2024
- CIK
- 0001958777
- Website
- fibrobiologics.com
- Similar Companies
- Business
- FibroBiologics, Inc. (Nasdaq: FBLG) operates as a clinical-stage biotechnology company focused on developing and commercializing fibroblast cell-based therapies and fibroblast-derived materials for the treatment and potential cure of chronic diseases. Founded in 2021 and headquartered in Houston, Texas, the company targets unmet medical needs in areas such as degenerative disc disease, multiple sclerosis, wound healing, psoriasis, orthopedics, cancer, and organ involution reversal including thymic and splenic applications. Its proprietary fibroblast platform leverages the regenerative and immune-modulating properties of fibroblasts, which the company demonstrates as more effective than stem cells in preclinical studies. Core products and product candidates include CybroCell, an allogeneic fibroblast therapy for degenerative disc disease and cartilage repair; CYMS101, an allogeneic fibroblast therapy for multiple sclerosis that has completed Phase 1 studies; CYWC628, an allogeneic fibroblast therapy for wound healing, including diabetic foot ulcers, with Phase 1/2 clinical trial approval received from the Human Research Ethics Committee in November 2025 and first-in-human trial initiation supported by recent financing; and CYPS317, an allogeneic fibroblast therapy for psoriasis, with IND-enabling studies underway. FibroBiologics holds over 150 U.S. and international patents issued or pending across these clinical pathways and serves patients globally through its clinical-stage pipeline. Recent developments include the complete payoff of outstanding debt in November 2025, comprising $15 million in convertible notes from a $25 million Standby Equity Purchase Agreement entered in December 2024 with YA II PN LTD., an affiliate of Yorkville Advisors; closings of registered direct offerings totaling $1.5 million in November 2025 and $4 million earlier that month, both priced at-the-market under Nasdaq rules; confirmation of manufacturing scalability for CybroCell using its CYWC628 master cell bank to support FDA IND amendment for Phase 1 trials in degenerative disc disease; reporting of third quarter 2025 financial results in October 2025; and presentations at major industry conferences including Bio-Europe 2025, ThinkEquity Conference, and Cell & Gene Meeting on the Mesa.
Company News
FibroBiologics Presents Preclinical Data on Fibroblast Spheroid-Derived Chondrocyte Spheroids for Degenerative Disc Disease at the North American Spine Society 2026 Annual Meeting
FibroBiologics Announces Australian Patent Accepted for Cellular Blend for the Regeneration of Chondrocytes and Cartilage Cells in Degenerated Spinal Discs
FibroBiologics Files Patent Application for Technology Designed to Produce GLP-1 and Other Therapeutic Peptides Inside the Body
FibroBiologics Announces Grant of European Patent for Methods of Enhancing Fibroblast Therapeutic Activity
FibroBiologics, Inc. (FBLG) Discusses Strategy and Clinical Progress in Fibroblast-Based Cell Therapies for Chronic Diseases Transcript
FibroBiologics Announces Closing of $0.5 Million Private Placement with Chief Scientific Officer
FibroBiologics Announces Issuance of New U.S. Patent for the Therapeutic Use of Fibroblasts in Wound Healing
FibroBiologics Announces Issuance of New U.S. Patent for the Treatment of Degenerative Disc Disease Using Fibroblast Conditioned Media
FibroBiologics advances diabetic ulcer trial with new drug shipment to Australia
FibroBiologics Releases Third Batch of CYWC628 Drug Product for Phase 1/2 Diabetic Foot Ulcer Clinical Trial
FibroBiologics Regains Compliance with Nasdaq Trading Rules
FibroBiologics Appoints Leigh Steinberg to Board of Directors
FibroBiologics Announces Australian Patent Accepted for Cannabidiol Adjuvant Therapy for the Treatment of Degenerative Disc Disease
FibroBiologics Says Preclinical Data Shapes Design of Further Studies for Degenerative Joint Treatment
FibroBiologics Announces Chondrocyte Spheroids Demonstrate Cartilage Repair in Preclinical Study of Degenerative Joints
FibroBiologics Granted U.S. Patent Covering the Use of Fibroblasts to Enhance Survival and Function of Transplanted Insulin-Producing Islets
FibroBiologics Granted European Patent Covering Gene Therapy for the Regeneration of Cartilage
FibroBiologics Reports Second Quarter 2026 Financial Results; Progresses Clinical Trial Evaluating Lead Wound Care Candidate
FibroBiologics Appoints Kathleen "Kate" Rubins, Ph.D. to Board of Directors
FibroBiologics Completes Manufacturing of Third Batch of CYWC628 Drug Product for Phase 1/2 Diabetic Foot Ulcer Clinical Trial