Vedolizumab

Reported positive interim pharmacokinetic ("PK") and safety data in Phase 1 trial of SPY001 in November 2024 and strengthened the balance sheet with a $230 million public offering Continued execution towards expected milestones across portfolio, with interim Phase 1 data readouts for SPY002 and SPY003 on-track for the second quarter and second half of 2025, respectively Remain on track for initiation of Phase 2 platform trial in ulcerative colitis ("UC") in mid-2025 with SPY001 (α4β7), followed by SPY002 (TL1A), SPY003 (IL-23), and combinations thereof, with initial monotherapy results expected in 2026 Announced indication expansion into rheumatoid arthritis ("RA") with SPY002, with expected Phase 2 trial initiation in mid-2025 and top-line results in 2026 $603 million of cash, cash equivalents, and marketable securities as of December 31, 2024, with expected runway into the second half of 2028 WALTHAM, Mass., Feb. 27, 2025 /PRNewswire/ -- Spyre Therapeutics, Inc. ("Spyre" or the "Company") (NASDAQ:SYRE), a clinical-stage biotechnology company utilizing best-in-class antibody engineering, dose optimization, and rational therapeutic combinations to target improved efficacy and convenience in the treatment of inflammatory bowel disease ("IBD") and other immune-mediated diseases, today announced its fourth quarter and full year 2024 financial results and provided program and corporate updates. "In 2024, we initiated first-in-human studies for three of our next-generation antibodies and delivered outstanding interim Phase 1 results for SPY001, which underscore our portfolio's potential to revolutionize the treatment of IBD. Looking ahead, we are progressing our suite of therapeutics into a groundbreaking Phase 2 platform study in ulcerative colitis, which is designed to test both monotherapies and combination therapies with the potential for unified quarterly subcutaneous dosing in maintenance," said Cameron Turtle, DPhil., Chief Executive Officer. "Additionally, the expansion of SPY002 into a Phase 2 rheumatoid arthritis trial this year represents a key step in addressing a pressing unmet need in a disease that affects millions across the globe. We are well-positioned and well-capitalized to deliver a series of value-inflecting catalysts, including three Phase 1 readouts expected in 2025 and four Phase 2 proof-of-concept readouts expected in 2026." Development Pipeline Overview and Update The Company's approach combines best-in-class antibody engineering, dose optimization, and rational therapeutic combinations with the goal of maximizing efficacy, safety, and convenience in the treatment of IBD and other immune-mediated diseases. IBD is a chronic condition characterized by inflammation within the gastrointestinal tract, including two main disorders: UC and Crohn's disease ("CD"). In the United States, it is estimated that approximately 2.4 million individuals are diagnosed with IBD. RA is a chronic inflammatory autoimmune condition that primarily affects the joints but also other parts of the body. It is characterized by pain, stiffness, and swelling of one or more joints and can progress from mild swelling of the joints in early stages to severe deformations of the feet, ankles, and hands in late/severe stages. RA affects more than 1.5 million individuals in the United States. The Company has four programs in nonclinical and clinical development, three of which are targets in IBD validated by third parties. The fourth program is an undisclosed target. All three validated targets offer the potential for safe and effective treatment of UC and CD, with infrequent, subcutaneous maintenance dosing as a monotherapy or in rational combinations. The Company is also planning to study its anti-TL1A program in additional indications outside IBD, beginning with RA. SPY001 – a highly potent and selective investigational monoclonal antibody targeting α4β7, engineered with half-life extension technology and formulated at high concentration with the goal of maximizing efficacy and enabling infrequent, subcutaneous maintenance dosing. In November 2024, interim healthy volunteer data from a Phase 1 trial were presented, demonstrating a favorable safety profile, a meaningfully differentiated PK profile relative to vedolizumab with half-life estimates greater than 90 days supporting potential Q6M maintenance dosing, and complete occupancy of α4β7 receptors out to 12 weeks at a single dose of 300mg. Longer-term data from this Phase 1 trial will be presented at a medical meeting later this year. Based on these interim results, Spyre plans to advance SPY001 to a Phase 2 clinical trial in UC patients in mid-2025. SPY002 – a program with two highly potent and selective, investigational anti-TL1A monoclonal antibodies, engineered with half-life extension technology and formulated at high concentration with the goal of maximizing efficacy and enabling infrequent, subcutaneous maintenance dosing. The Company believes TL1A has emerged as one of the most promising targets in IBD and broader immunology indications. In January 2025, the Company announced its intent to study one of its anti-TL1A antibodies in RA, with Phase 2 trial initiation expected in mid-2025 and topline results in 2026. With class-leading potency and half-life established in preclinical studies, SPY002 has the potential to become the first-in-class and best-in-class anti-TL1A treatment for RA. In December 2024, the Company initiated first-in-human ("FIH") trials of both SPY002 candidates, with healthy volunteer interim data expected in the second quarter of 2025. If successful, the Company expects one or more SPY002 candidates would then advance to Phase 2 clinical trials. In October 2024, preclinical data for both SPY002 development candidates were presented at the United European Gastroenterology Week ("UEGW") Congress demonstrating superior or comparable in vitro potency to first-generation anti-TL1As, as well as a pharmacokinetic half-life of 24 days in non-human primates ("NHPs"), which represents a two to three-fold increase compared to these same first-generation anti-TL1As. SPY003 – a highly potent and selective investigational monoclonal antibody targeting the p19 subunit of IL-23, engineered with half-life extension technology and formulated at high concentration with the goal of maximizing efficacy and enabling infrequent, subcutaneous maintenance dosing. In October 2024, preclinical data for SPY003 were presented for the first time at UEGW, demonstrating comparable potency to risankizumab, as well as a pharmacokinetic half-life of 30 days in NHPs, greater than three-fold compared to risankizumab. These data also demonstrated that SPY003 exhibits high selectivity and affinity for IL-23 and potently inhibits downstream cellular signaling. SPY003 remains on track to initiate a FIH trial in the first quarter of 2025, with healthy volunteer interim data expected in the second half of 2025. Rational Combinations – the Company plans to investigate combinations of our proprietary antibodies in nonclinical studies and clinical trials in order to evaluate whether combination therapy can potentially lead to best-in-class efficacy in IBD, with less frequent dosing. In February 2025, new preclinical data for SPY120 were presented at the 20th Congress of the European Crohn's and Colitis Organisation, demonstrating that the combined inhibition of TL1A and α4β7 is superior to either monotherapy in mouse models of colitis and that coadministration of SPY001 and SPY002 demonstrated no drug effects on PK in NHPs. In October 2024, preclinical data for SPY130 and SPY230 were presented at UEGW, demonstrating enhanced efficacy and pharmacodynamics with SPY003 in combination with SPY001 and with SPY002. The Company expects to initiate a Phase 2 clinical trial in 2025 that is intended to include each of its rational combinations, as well as all three of its lead monotherapy programs. Recent Corporate Updates In December 2024, Spyre was added to the Nasdaq Biotechnology Index. In November 2024, the Company raised $230 million in gross proceeds from a public offering of common stock with broad participation from both new and existing investors, extending cash runway into the second half of 2028. In October 2024, the Company announced the appointment of Sheldon Sloan, M.D., M. Bioethics, as Chief Medical Officer. Dr. Sloan's 25+ years of experience in both large pharmaceutical and small biotech companies, featuring an extensive track record of program leadership in the field of Inflammation and Immunology, will be invaluable to guide the Company as it advances its potentially best-in-class IBD portfolio. Fourth Quarter 2024 Financial Results Cash Position: As of December 31, 2024, Spyre had cash, cash equivalents, and marketable securities of $603.1 million. Net cash used in operating activities was $37.2 million for the fourth quarter of 2024. In November 2024, the Company raised $230 million in gross proceeds, before deducting $14.2 million in underwriting discounts, commissions, and other offering expenses, from a public offering of common stock. Research and Development (R&D) expenses: R&D expenses totaled $50.5 million for the fourth quarter of 2024 and $33.7 million for the fourth quarter of 2023. The increase was primarily driven by nonclinical and clinical development, as well as manufacturing expenses, for the Company's pipeline candidates. General and Administrative (G&A) expenses: G&A expenses totaled $10.8 million for the fourth quarter of 2024 and $14.1 million for the fourth quarter of 2023. The decrease was driven by higher stock compensation expense related to the Spyre acquisition in the fourth quarter of 2023. Other income (expense): Other income totaled $5.0 million for the fourth quarter of 2024 primarily driven by interest earned on the Company's cash and marketable securities. For the fourth quarter of 2023, other expense totaled $17.3 million, primarily driven by an increase in the Company's CVR liability related to the increased likelihood of certain milestone payments related to pegzilarginase reimbursement in European markets, partially offset by interest earned on the Company's cash and marketable securities. Net Loss: Net loss totaled $56.3 million and $63.2 million for the fourth quarters of 2024 and 2023, respectively, which includes non-cash stock compensation expense of $9.2 million and $17.3 million for the fourth quarters of 2024 and 2023, respectively. About Spyre Therapeutics Spyre Therapeutics is a clinical-stage biotechnology company that aims to create next-generation inflammatory bowel disease (IBD) and other immune-mediated disease products by combining best-in-class antibody engineering, dose optimization, and rational therapeutic combinations. Spyre's pipeline includes investigational extended half-life antibodies targeting α4β7, TL1A, and IL-23. For more information, please visit . Safe Harbor / Forward Looking Statements This press release contains "forward-looking" statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements contained in this press release, other than statements of historical fact are forward-looking statements. These forward-looking statements include statements regarding the Company's future results of operations and financial position; its business strategy, including the Company's ability to successfully develop best-in-class and/or first-in-class therapeutics for IBD, RA, or other immune-mediated diseases that meaningfully improve both efficacy and convenience compared to today's standard of care; the SPY001 Phase 1 trial final data readouts not being consistent with or being different than the interim Phase 1 results; the sufficiency of the Company's funding to support the development of its assets, including expectations of cash runway extending into the second half of 2028; the length of time that the Company believes its existing cash resources will fund its operations; estimated market sizes and potential growth opportunities; its nonclinical and future clinical development activities; clinical trial designs and related regulatory feedback; further clinical evaluation of therapeutic combinations; the potential efficacy, tolerability, convenience, commercial viability and safety profile of its product candidates, including in combinations; the planned dosing regimen for SPY001 and our other product candidates, including the potential for a Q6M dosing profile; the potential therapeutic benefits and economic value of its product candidates as monotherapies or in combinations and their extended half-life; the timing for initiation of nonclinical studies and clinical trials, including the commencement of FIH and Phase 2 trials; and the planned expansion of SPY002 into RA, including timing thereof. The words "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "predict," "target," "intend," "could," "would," "should," "project," "plan," "expect," the negatives of these terms, and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including the expected or potential impact of macroeconomic conditions, including U.S. elections inflationary pressures, rising interest rates, general economic slowdown or a recession, changes in monetary policy, the prospect of a shutdown of the U.S. federal government, volatile market conditions, financial institution instability, as well as geopolitical instability, including the ongoing military conflict in Ukraine, conflict in Israel and surrounding areas, and geopolitical tensions in China on the Company's operations, the potential impacts of the BIOSECURE Act bill if passed into law and those risks described in the Company's Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, as well as in other filings and reports that the Company makes from time to time with the Securities and Exchange Commission. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible for the Company's management to predict all risks, nor can the Company assess the impact of all factors on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements it may make. In light of these risks, uncertainties, and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. The Company undertakes no obligation to update publicly any forward-looking statement for any reason after the date of this press release to conform these statements to actual results, to reflect changes in the Company's expectations, or otherwise, except as required by law. You should read press release with the understanding that the Company's actual results, levels of activity, performance, events, outcomes, and the timing of results and outcomes, and other circumstances may be materially different from what the Company expects. SOURCE Spyre Therapeutics, Inc. 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作为唯一具有双重作用机制的白介素 23抑制剂，古塞奇尤单抗在全球范围内首次批准用于中重度活动性成人克罗恩病的治疗 特诺雅达 ® 特诺雅 ® 是 唯一在双盲头对头注册临床试验（ GALAXI）中在多个内镜终点上优于喜达诺 ® （乌司奴单抗）的白介素 23抑制剂 [1] 北京 2025年2月25日 /美通社/ -- 强生公司今天宣布，特诺雅达 ® （古塞奇尤单抗注射液（静脉输注））和特诺雅 ® （古塞奇尤单抗注射液）已在中国获得批准，用于治疗对传统治疗或生物制剂应答不充分、失应答或不耐受的中度至重度活动性克罗恩病成人患者。这一加速审批 得益于国家药品监督管理局对本品突破性疗法及优先审评的认定 ， 标志着古塞奇尤单抗在克罗恩病适应症上的全球首个批准。 此次获批是基于GALAXI项目中两项关键III期研究（ GALAXI 2和GALAXI 3）的临床数据 [2] 。GALAXI 2和GALAXI 3研究是双盲头对头注册临床试验，展现了 古塞奇尤单抗在克罗恩病治疗中对比喜达诺 ® （乌司奴单抗）的优效性 。 [1] 在试验中， 古塞奇尤单抗的两个剂量组别都成功达到了共同主要终点 ，一方面在与安慰剂对比中，实现了具有统计学显著性和临床意义的临床和内镜结果，另一方面基于两项研究的汇总结果，在多重控制的内镜终点上展示出对比喜达诺 ® （乌司奴单抗） 的优效性。试验中的两个剂量组别分别为200毫克静脉诱导（第0、4、8周）后接受每8周100毫克皮下维持或接受每4周200毫克皮下维持。 [1] " 患者始终是我们一切工作的核心 ，此次加速获批是我们对中国患者坚定承诺的重要体现，通过持续带来创新药物，帮助患者实现更持久的疾病缓解，重返健康生活。特诺雅达 ® 特诺雅 ® 在中国成为首个用于克罗恩病的白介素23抑制剂，也是克罗恩病治疗领域的又一里程碑。"强生创新制药中国区总裁Cherry Huang女士表示，" 本次‘全球首发'也是强生公司 18 年来在中国免疫领域敢为人先、持续创新的力证 ，我们将继续 专注于白介素 23 通路的研发 ，致力于满足炎症性肠病患者全病程的治疗需求。" 克罗恩病是炎症性肠病（Inflammatory Bowel Disease, IBD）的两种主要亚型之一，严重影响着全球数百万人的健康。在过去几十年中，中国克罗恩病的发病率持续上升，每10万人的年发病率约为0.51-1.09 [3] ，发病高峰年龄集中在20至30岁之间 [4] 。 作为首个也是唯一的全人源、具有双重作用机制、可选择性中和白介素 23 的抑制剂 [5] ， 古塞奇尤单抗 在克罗恩病的治疗中显著提升了临床缓解和深度缓解率，将治疗效果提高至新的标准 [6] 。 根据《药品管理法》及其他相关法律规定，处方药必须凭执业医师或执业助理医师处方才可调配、购买和使用。本新闻稿为陈述事实所披露的信息涉及一般性科学信息，仅供专业人士参考，不做任何购买和使用推荐。 关于 GALAXI 项目（ NCT03466411 ） GALAXI是一项随机双盲，安慰剂对照和活性药物（乌司奴单抗）对照，全球多中心的临床II/III期研究项目，旨在评估古塞奇尤单抗在对传统治疗（糖皮质激素或免疫调节剂）和/或生物制剂（TNF拮抗剂或维得利珠单抗）应答不充分或不耐受的中重度活动性克罗恩病患者中的疗效和安全性。GALAXI包括一项II期剂量范围研究（GALAXI 1）和两项独立的、设计相同的确证性III期研究（GALAXI 2和GALAXI 3）。每项研究均采用持续治疗设计，即所有入组的受试者保持在最初随机分配的治疗。该项目还包括延长期，共计将评估古塞奇尤单抗长达五年的临床、内镜和安全性结果。随机分配至安慰剂组的患者如果在第12周未达到临床应答，可以接受乌司奴单抗的治疗。 关于克罗恩病 [7] 克罗恩病是炎症性肠病（IBD）的两种主要亚型之一，是一种慢性消化道炎症性疾病，至今尚无明确病因，但该疾病与免疫系统的异常有关，可能由遗传易感性、饮食或其他环境因素引发。克罗恩病的症状可能有所不同，但通常包括腹痛、反复腹泻、直肠出血、体重下降和发热等。目前克罗恩病尚无治愈方法。 关于古塞奇尤单抗 由强生公司开发的古塞奇尤单抗是首个获得批准的全人源、具有双重作用机制的白介素23抑制剂，不仅可以直接结合白介素23，还能够定位到主要产生白介素23的CD64+炎症细胞，在其细胞来源处中和白介素23，从而有效阻断炎症信号通路。关于双重作用机制的研究结果仅限于体外研究，这些研究表明古塞奇尤单抗可以与产生白介素23的炎症单核细胞模型中细胞表面的CD64受体结合。 强生公司拥有古塞奇尤单抗在全球范围内的独家营销权。在中国，特诺雅 ® （古塞奇尤单抗注射液）获批用于适合系统性治疗的中重度斑块状银屑病成人患者，以及用于对传统治疗或生物制剂应答不充分、失应答或不耐受的中度至重度活动性克罗恩病成人患者的皮下维持治疗。特诺雅达 ® （古塞奇尤单抗注射液（静脉输注））获批用于对传统治疗或生物制剂应答不充分、失应答或不耐受的中度至重度活动性克罗恩病成人患者的静脉诱导治疗。 关于强生创新制药 作为首批进入中国的跨国制药企业之一，强生创新制药自1985年在华成立以来，始终致力于以科学领拓医药未来。科学为本，我们是忠于科学的创新者，积极探索突破性疗法，变革健康未来；使命为上，我们是健康中国的贡献者，以应对中国最为迫切的医药健康需求为己任，共筑健康中国；患者为先，我们是心系患者的同行者，不断创新治疗途径，帮助患者寻找治疗方法抵御疾病。作为强生在华制药子公司，我们聚焦于肿瘤学、免疫学、神经科学、心肺疾病、眼科等能够为人类健康带来巨大改变的疾病领域。 [1] Panaccione, R et al. Efficacy and safety of guselkumab therapy in patients with moderately to severely active Crohn's disease: results of the GALAXI 2 & 3 Phase 3 studies. Oral presentation (Abstract #1057b) at Digestive Disease Week (DDW) 2024. May 2024. [2] National Institutes of Health: Clinicaltrials.gov. A study of the efficacy and safety of guselkumab in participants with moderately to severely active Crohn's disease (GALAXI). Identifier: NCT03466411. Available at: https://clinicaltrials.gov/study/NCT03466411 . Accessed February 2025. [3] Lu Xu et al. Incidence of Inflammatory Bowel Disease in Urban China: A Nationwide Population-based Study. Clinical Gastroenterology and Hepatology 2023;21:3379–3386. [4] Jiaju ZHENG et al. Crohn's disease in mainland China: a systematic analysis of 50 years of research. Chinese Journal of Digestive Diseases 2005; 6; 175–181. [5] US Food and Drug Administration. TREMFYA ® prescribing information. Available at: https://www.accessdata.fda.gov/drugsatfda_docs/label/2020/761061s007lbl.pdf . Accessed February 2025. [6] TREMFYA ® Prescribing Information. Available at: https://www.janssenlabels.com/package-insert/product-monograph/prescribing-information/TREMFYA-pi.pdf . Accessed February 2025. [7] Crohn's & Colitis Foundation. Signs and Symptoms of Crohn's Disease. Available at: https://www.crohnscolitisfoundation.org/what-is-crohns-disease/symptoms . Accessed May 2024.