MADRIGAL PHARMACEUTICALS, INC.
Close on Oct 19, 2026
- Market cap
- $13.03B
- P/E (TTM)
- –
- Dividend yield
- –
About Madrigal Pharmaceuticals
Pharmaceutical Preparations, SIC 2834
The company is a biopharmaceutical enterprise dedicated to developing and commercializing therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), an inflammatory liver condition that causes progressive scarring and organ impairment. Its principal commercial offering is Rezdiffra (resmetirom), an oral thyroid hormone receptor beta agonist taken once daily to address liver fat accumulation and fibrosis. In addition, the firm advances a clinical pipeline that includes glucagon-like peptide-1 receptor agonists, diacylglycerol O-acyltransferase 2 inhibitors, and small interfering RNA programs designed to address complementary metabolic and genetic pathways of liver disease. Its treatments target adult patients diagnosed with noncirrhotic MASH who exhibit moderate to advanced liver fibrosis.
Commercial operations are active in the United States and Germany, where the company launched its core pharmaceutical product following regulatory clearances. It is also preparing for broader distribution across member states of the European Union and other international regions through direct filings or third-party distribution partnerships. The provided excerpt does not disclose the location of the corporate headquarters.
Summary of the business section of Madrigal Pharmaceuticals's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MADRIGAL PHARMACEUTICALS, INC.
- Headquarters
- West Conshohocken, PA
- Address
- 1001 Conshohocken State Road, Suite 2-350
- Phone
- (267) 824-2827
- Employees
- 915, Dec 31, 2025
- Industry
- Pharmaceutical Preparations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Philadelphia, Pennsylvania
Stock & identifiers
- Ticker
- MDGL
- Exchange
- Nasdaq
- Shares outstanding
- 23M, Jul 27, 2026
- Public float
- $5.60B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-43 reverse, Mar 31, 2017; 1-for-35 reverse, Jul 25, 2016
- SEC CIK
- 1157601
- CUSIP
- 558868105
- ISIN
- US5588681057
- LEI
- 549300CHIMT2EUSNJB60
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| William John Sibold | President and CEO, Director | 202,801 |
| Shannon T. Kelley | General Counsel | 11,474 |
| David Soergel | Chief Medical Officer | 10,033 |
| Carole Huntsman | Chief Commercial Officer | 12,692 |
| Mardi Dier | EVP and CFO | 12,850 |
| Rita Thakkar | Chief Accounting Officer | 2,398 |
| Robert E. Waltermire | Senior VP, Chief Pharma Dev. | 10,918 |
| John C. Reed | Director | 647 |
| Jacqualyn A. Fouse | Director | 1,551 |
| Daniel J. Brennan | Director | 1,371 |
| Rebecca Taub | Director | 1,108,207 |
| 667, L.P. | Director | 1,669,016 |
| Bros. Advisors Lp Baker | Director | 1,793,403 |
| Julian Baker | Director | 1,612,339 |
| Felix Baker | Director | 1,843,469 |
| Brothers Life Sciences LP Baker | Director | 1,948,876 |
| Bros. Advisors (GP) LLC Baker | Director | 1,947,968 |
| James M. Daly | Director | 3,081 |
| Richard S. Levy | Director | 22,469 |
| Paul A. Friedman | Director | 855,884 |
| Kenneth Bate | Director | 8,896 |
| Fred B. Craves | Director | 390,028 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Bill Sibold | $19.21M | $84.10M | $6.55M | $524 | $125 |
| FY2024 Bill Sibold | $12.21M | $30.73M | $5.47M | $278 | $93 |
| FY2023 Bill Sibold | $32.27M | $42.28M | $5.59M | $208 | $94 |
| FY2023 Paul A.Friedman | $9.56M | -$29.11M | $5.59M | $208 | $94 |
| FY2023 Paul A.Friedman M.D. | $9.56M | $2.37M | $5.59M | $208 | $94 |
| FY2023 Paul AFriedman | $9.56M | $2.37M | $5.59M | $208 | $94 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 915 full-time employees, including 258 engaged in research, development and medical affairs, 526 in commercial activities and 131 in general and administrative functions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 30, 2016 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 1, 2016 | Name change | Name changed from SYNTA PHARMACEUTICALS CORP to MADRIGAL PHARMACEUTICALS, INC. |
| Jul 22, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 22, 2016 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 8, 2016 | Merger vote | Definitive merger proxy statement |
| Dec 9, 2015 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 17, 2009 | Late filing | Notification of late filing |
| Apr 18, 2008 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 26, 2007 | Listing | Registration of securities on an exchange (Form 8-A) |