Ascletis’ most advanced candidate is ASC22, an injected PD-L1 antibody in phase 2 development as a functional cure for chronic hepatitis B and HIV.
China’s Ascletis has been developing ASC22arnesoid X recPD-L1 antibodyonist ASC42 in a raft of conditions ranging from chronic hepatitis Blangitis (PBC) to metabolic-associated steatohepatitis (MASH).
But the company announced this morning that work is being halted on the drug after getting a glimpse of data from a phaprimary biliary cholangitis (PBC)es ometabolic-associated steatohepatitis (MASH)d that ASC42 did not show competitiveness to new PBC drug candidates currently in development and registrational stages,” the company explained in an April 4 release.
Based on this failure, Ascletis has also decided to drop other programs involving the drug. These include testing the therapy for hepatitis B virus (HBV) as wASC42s part of PBCombo treatment for MASH.ASC42PBC
The biotech, which enteAscletisyear with cash and equivalents of 2.4 billion Chinese Yuan ($330 million), attributed today’s decision to “efforts to continue to evaluate and optimize its research and development pipeline to increase efficiency and preserve cash.”
With ASC42 thrown on the discard pile, Ascletis still has more promising options to treat MASH, a fatty liver disease that has previously been known as non-alcoholic steatohepatitis (NASH). At the start of the year, the company’s subsidiary Gannex Pharma linked a THRβ agonist, dubbed ASC41, to significant reductions in liver fat and pointed to findings that it sees providing an edge over Madrigal Pharmaceuticals and Viking Therapeutics.
Ascletis’ most advanced candidAscletisSC22, an injected PD-L1-targeted antibody in phase 2 development as a functional cure for chronic hepVK2809 B and HIV. The company's clinical-stage pipeline also includes a Gannexnhibitor called ASC40 that’s being assessed as a treatment for both MASH and acne, as well as a PD-L1 small molecule inhibitor called ASC61 in early-stage trials for solid tumors.