TERN (TERN)
Terns Pharmaceuticals, Inc.
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Terns Pharmaceuticals, Inc. is a biopharmaceutical firm currently in the clinical development phase, dedicated to advancing novel small-molecule treatments.
Its primary focus lies in developing both standalone agents and combination therapies to address non-alcoholic steatohepatitis (NASH) and obesity.
The company's pipeline includes several key drug candidates: TERN-101, a farnesoid X receptor agonist distinguished by its liver-specific distribution and non-bile acid properties, is presently undergoing Phase IIa clinical trials for NASH. TERN-201, a vascular adhesion protein-1 inhibitor, is in Phase Ib clinical studies, also targeting NASH. Terns is also progressing TERN-501, a thyroid hormone receptor beta agonist engineered for improved liver targeting and metabolic resilience, through Phase I clinical trials for NASH. Furthermore, the company is advancing TERN-601, an oral small-molecule Glucagon-Like Peptide-1 receptor agonist program, intended for the management of NASH and various metabolic conditions, including obesity. Established in 2016, Terns Pharmaceuticals maintains its corporate headquarters in Foster City, California.
Leadership
Amy Burroughs, M.B.A.
Chief Executive Officer and Director
David Fellows
Chairman of the Board
Heather Turner, J.D.
Director
Hongbo Lu, Ph.D.
Director
Employees
59
Country
US
Sector
Healthcare
Website
ternspharma.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
| Director | Withholding/Transfer | 1.7K | -- | May 5, 2026 | |
| Director | Withholding/Transfer | 45.0K | -- | May 5, 2026 | |
| Director | Withholding/Transfer | 1.7K | -- | May 5, 2026 | |
| Director | Withholding/Transfer | 90.0K | -- | May 5, 2026 | |
| Director | Withholding/Transfer | 4.7K | -- | May 5, 2026 | |
| Director | Withholding/Transfer | 10.7K | -- | May 5, 2026 |
| Name | Shares | % | Source |
|---|---|---|---|
BlackRock, Inc. · filed Feb 2025 | 5.7M | 6.8% | 13G |
Adage Capital Management, L.P. · joint filing· may incl. warrants· filed May 2026 | 2.1M | 1.8% | 13G |
JANUS HENDERSON GROUP PLC | 1.5M | -- | 13F |
CIBRA Capital Ltd | 151.4K | -- | 13F |
Strauss David Eric Principal Accounting Officer | 89.7K | -- | FORM 4 |
Vignola Mark J. Chief Financial Officer | 74.8K | -- | FORM 4 |
Quigley Jill M. Director | 24.5K | -- | FORM 4 |
MIZUHO SECURITIES USA LLC | 11.1K | -- | 13F |
CWM, LLC | 4.2K | -- | 13F |
Jung Melita Sun Chief Business Officer | 2.3K | -- | FORM 4 |
Insiders
- Turner Heather DDirector
- Azelby RobertDirector
- Tripuraneni RadhikaDirector
- Gengos AndrewChief Financial Officer
- Kuriakose EmilChief Medical Officer
- FELLOWS DAVID ADirector
- Burroughs Amy L.Chief Executive Officer
- KINDLER JEFFREY BDirector
- Quigley Jill M.Director
- Strauss David EricPrincipal Accounting Officer
Top institutional holders
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