MAZE

MAZE

Maze Therapeutics, Inc.

Company Information

SectorHealthcare
IndustryBiotechnology
Market Cap$1.72B
Analysts Rating2.0/5

Recommendation Details

PortfolioHealthcare
DateOct 29, 2026
ForecastQ Daily Probabilities
60.3%
50.6%
35.7%

Company Description

Maze Therapeutics, Inc., a clinical stage biopharmaceutical company, develops small molecule precision medicines for the treatment of kidney and metabolic diseases in the United States. Its lead programs include MZE829, an oral small molecule inhibitor of apolipoprotein L1, or APOL1, which is in phase II clinical trial for the treatment of patients with APOL1 kidney disease; and MZE782, an oral small molecule inhibitor that is in phase II ready clinical trial for the treatment of phenylketonuria and chronic kidney disease. The company also develops MZE001, an investigational oral small molecule inhibitor of muscle-specific glycogen synthase clinical program for the treatment of Pompe disease. It has a license agreement with Trace Neuroscience, Inc. to discovery research program targets UNC13A; the Shionogi & Co., Ltd to research, develop, manufacture, and commercialize MZE001; and Neurocrine Biosciences, Inc. to discover research program that targets ATXN2. The company was formerly known as Modulus Therapeutics, Inc. and changed its name to Maze Therapeutics, Inc. in September 2018. The company was incorporated in 2017 and is based in South San Francisco, California.

Recent News & Events

Recent 8-K discloses a Frazier Life Sciences share-to-warrant exchange (largely neutral/technical), while the March 2026 Phase 2 HORIZON data overhang and pending pivotal/regulatory next steps remain the dominant near-term swing factors; no fresh hard catalyst inside the next two weeks.

NEUTRALOct 16, 2026
Regulatory Filing

Frazier Life Sciences exchanges 2.78M shares for pre-funded warrants

In an 8-K filed 2026-10-16, Maze disclosed an exchange agreement dated 2026-10-15 in which Frazier Life Sciences entities swapped 2,776,007 common shares for pre-funded warrants exercisable at $0.001, leaving 53,931,889 shares outstanding. The structure is largely a technical/ownership reorganization with a 9.99% beneficial ownership blocker; it removes a block of voting shares but preserves Frazier's economic exposure, so short-term price impact is likely limited and neutral.

Maze Therapeutics IR (Form 8-K)
NEUTRALMar 25, 2026
Clinical Data / Regulatory Next Steps

Phase 2 HORIZON MZE829 data overhang; pivotal advancement pending

Maze's March 2026 HORIZON topline showed a 35.6% mean uACR reduction at week 12 in broad AMKD, with stronger 61.8% reduction in the FSGS subgroup, but shares fell ~35% on small sample size and diabetes-subgroup concerns. The company said it will continue enrollment and meet regulators to advance MZE829 into pivotal testing; any update on that regulatory path or full data presentation at a medical conference would be a near-term catalyst, though no specific date is confirmed within the next two weeks.

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