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Stock impact report

Spyre Therapeutics doses first subjects in Phase I IBD treatment trial [Yahoo! Finance]

Spyre Therapeutics, Inc. (SYRE) 
Company Research Source: Yahoo! Finance
The placebo-controlled, double-blind trial is set to enrol approximately 48 healthy adult participants. It will have four single-ascending dose (SAD) and two multi-ascending dose (MAD) cohorts. Safety is the trial's primary endpoint while pharmacokinetics is the secondary endpoint. The company anticipates reporting interim safety and pharmacokinetic data from the trial by the end of this year. Based on the data from the Phase I trial, Spyre will advance the asset into the Phase II development stage next year. SPY001 is a half-life extended anti-a4ß7 monoclonal antibody. It has shown promise in preclinical studies, demonstrating equivalent potency to vedolizumab in blocking MadCAM-1 adhesion. In addition, it exhibited a significantly longer half-life, suggesting the potential for less frequent dosing, possibly once every two or three months. Spyre Therapeutics CEO Cameron Turtle said: “SPY001 is the first of our programmes across three of the most impactful mechanisms in Show less Read more
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