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Agomab Announces Design of NOV-ERA Phase 2b Study with Ontunisertib in Fibrostenosing Crohn’s Disease

(Moderate)
(Positive)
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Agomab (Nasdaq: AGMB) outlined the NOV-ERA Phase 2b trial design evaluating oral ALK5 inhibitor ontunisertib in fibrostenosing Crohn’s disease (FSCD).

The randomized, double-blind, placebo-controlled study will enroll up to 320 adults globally, use endoscopic passability at Week 24 as the primary endpoint, and plans first dosing in 2H 2026 following regulatory and ethics approvals.

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Positive

  • Regulatory alignment with FDA on key NOV-ERA Phase 2b design elements
  • Novel primary endpoint of endoscopic passability at Week 24 agreed with FDA
  • Central IRB approval in the U.S. and Health Canada authorization obtained
  • Clinical Trial Applications submitted across EU and Asia Pacific countries
  • Planned enrollment of up to 320 adult FSCD patients worldwide
  • First Phase 2b study in fibrostenosing Crohn’s disease, per Agomab’s CMO

Negative

  • NOV-ERA study not yet initiated; first dosing only planned for 2H 2026
  • Trial depends on receiving remaining regulatory and ethics approvals globally
  • Ontunisertib remains investigational with efficacy and safety not yet established
  • FSCD currently has no approved pharmacological therapies despite high unmet need

News Market Reaction – AGMB

+6.20%
10 alerts
+6.20% Session close to close
+11.1% Peak in 25 hr 17 min
$678.14M Market Cap
0.4x Rel. Volume

In the Jun 24 session, AGMB gained 6.20%, reflecting a notable positive market reaction. Argus tracked a peak move of +11.1% during that session. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +6.2% in the session following this news. A strong positive reaction aligns with AGM...
Analysis

The stock moved +6.2% in the session following this news. A strong positive reaction aligns with AGMB’s history of responding to clinical and capital-markets milestones. FDA-aligned Phase 2b design for ontunisertib and a planned 320-patient trial add visibility, though long timelines and trial risk remain meaningful.

Key Figures

FSCD share of Crohn’s: 46% Planned enrollment: 320 patients High dose level: 400 mg +5 more
8 metrics
FSCD share of Crohn’s 46% Proportion of Crohn’s disease patients with fibrostenosing disease
Planned enrollment 320 patients Maximum adult participants in NOV-ERA Phase 2b trial
High dose level 400 mg Ontunisertib dose, administered twice daily in NOV-ERA
Mid dose level 200 mg Ontunisertib dose, administered twice daily in NOV-ERA
Low dose level 100 mg Ontunisertib dose, administered twice daily in NOV-ERA
Screening period 6 weeks Duration of NOV-ERA trial screening phase
Treatment period 52 weeks Duration of ontunisertib or placebo treatment in NOV-ERA
Follow-up period 2 weeks Post-treatment follow-up duration in NOV-ERA

Historical Context

5 past events · Latest: May 27 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 27 AGM results Neutral +5.6% Annual General Meeting approvals and disclosure of shareholder voting outcomes.
May 14 Conference participation Neutral -1.3% Announcement of participation in multiple 2026 scientific and investor conferences.
Apr 23 Full-year earnings Positive +3.3% Full-year 2025 results, strong cash position, and confirmation of 2026 outlook.
Mar 26 Patent grant Positive -7.7% U.S. patent granted for AGMB-447 ALK5 inhibitor with protection into 2041.
Feb 09 IPO closing Neutral -0.4% Closing of IPO with ADS listing and gross proceeds from the offering.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

AGMB has typically moved in line with the perceived tone of prior news, with one notable divergence on a positive IP update.

Key Terms

fibrostenosing crohn’s disease, endoscopic passability, simple endoscopic score for crohn’s disease (ses-cd), magnetic resonance enterography, +2 more
6 terms
fibrostenosing crohn’s disease medical
"for the potential treatment of Fibrostenosing Crohn’s Disease (FSCD)."
A form of Crohn’s disease in which ongoing inflammation causes scarring and narrowing of sections of the intestine, similar to how mineral buildup can harden and choke a garden hose. It matters to investors because this complication changes treatment needs, often reducing effectiveness of standard anti-inflammatory drugs and increasing demand for surgeries, medical devices, or specialty therapies—factors that shape market size, clinical trial design, regulatory risk and potential revenue.
endoscopic passability medical
"including novel primary endpoint of endoscopic passability --"
Endoscopic passability describes whether a device, implant or tool can be moved through a slender, camera-equipped tube (an endoscope) or a natural body passage during a minimally invasive procedure. For investors, it signals practical usability and market acceptance: higher passability means simpler, safer procedures, fewer complications and broader clinical adoption, which can reduce costs and speed regulatory approval and sales.
simple endoscopic score for crohn’s disease (ses-cd) medical
"confirmed by a centrally read Simple Endoscopic Score for Crohn’s Disease (SES-CD)."
A Simple Endoscopic Score for Crohn’s Disease (SES-CD) is a numerical system doctors use to rate how much damage Crohn’s disease has caused inside the intestines by looking with a small camera during a scope exam. It translates what the doctor sees into a consistent score, like a condition report, so researchers and drug developers can measure whether a treatment is actually improving the gut—information investors use to judge trial results and commercial potential.
magnetic resonance enterography medical
"Change from baseline in Magnetic Resonance Enterography (MRE) imaging features of the index stricture"
Magnetic resonance enterography is a noninvasive imaging test that uses magnetic fields and radio waves to create detailed pictures of the small intestine, like a high-resolution camera that sees inside the gut without surgery or radiation. Investors care because its use affects demand for imaging equipment, hospital services, drug trials and treatment plans—so changes in adoption, reimbursement or clinical guidelines can influence revenue and costs across healthcare and medical-device companies.
patient-reported outcome medical
"Change from baseline in Patient-Reported Outcome questionnaire for stricturing Crohn’s disease (S-PRO 2.0)"
Patient-reported outcome is information gathered directly from patients about their symptoms, quality of life, or ability to perform everyday activities, without interpretation by clinicians. Investors care because these measures can determine whether a treatment wins regulatory approval, gains reimbursement, and attracts customers — similar to how product reviews influence buyer demand and a company’s sales prospects.
endoscopic balloon dilation medical
"Time to an FSCD-related event (including surgery and endoscopic balloon dilation)."
A medical procedure in which a thin, flexible tube with a camera (an endoscope) is guided to a narrowed passage in the body and a small inflatable balloon is used to stretch and widen that blockage. Think of it like inserting a deflated balloon into a kinked garden hose and gently inflating it to restore flow. Investors track this because demand, device sales, procedure volumes and reimbursement changes can affect makers of the balloons, endoscopes and related services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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-- Regulatory alignment with U.S. Food and Drug Administration (FDA) on key elements of NOV-ERA Phase 2b study design, including novel primary endpoint of endoscopic passability --

-- Study initiation on track, with first participants expected to be dosed in the second half of 2026 --

Antwerp, Belgium, June 23, 2026Agomab Therapeutics NV (Nasdaq: AGMB) (“Agomab” or the “Company”), a clinical-stage biopharmaceutical company focused on fibro-inflammation, today announced the design of its upcoming Phase 2b NOV-ERA study with ontunisertib, its investigational oral gastro-intestinal (GI)-restricted small molecule inhibitor of ALK5 (or TGF-β RI) for the potential treatment of Fibrostenosing Crohn’s Disease (FSCD).

Approximately 46% of Crohn’s disease patients have FSCD, or fibrotic strictures in the intestinal tract, which can cause obstructive symptoms leading to dietary change, malnutrition and surgery. Despite the large unmet medical need, there are no approved pharmacological therapies for FSCD.

The Company has aligned with the FDA on the study design of NOV-ERA, including the study’s primary efficacy endpoint of endoscopic passability at Week 24 as assessed by the SES-CD narrowing score, as well as several secondary efficacy endpoints relevant to patients with FSCD. The protocol has been submitted to the FDA and has cleared central Institutional Review Board (IRB) approval in the U.S. In addition, the study has received approval by Health Canada. The Company has also submitted Clinical Trial Applications in multiple countries globally, including in the European Union and Asia Pacific territories. The Company expects to initiate the NOV-ERA study following receipt of applicable regulatory and ethics approvals and plans to dose the first participants in the second half of 2026. 

“The NOV-ERA study breaks new ground as the first Phase 2b study in FSCD, an area of high unmet medical need, and will inform dose selection and pivotal endpoints,” commented Philippe Wiesel, MD, Chief Medical Officer of Agomab. “The submission of the study protocol to key regulatory agencies is a crucial milestone in the late-stage development of ontunisertib in FSCD. We are now focused on completing operational preparations and look forward to initiating patient enrollment in the coming months.”

NOV-ERA Phase 2b Study Design
The planned NOV-ERA study is a randomized, double-blind, placebo-controlled, dose-ranging, multicenter Phase 2b trial to assess the efficacy and safety of ontunisertib in participants diagnosed with symptomatic FSCD. The trial is expected to enroll up to 320 adult patients globally. To be eligible for the trial, participants must have at least one naive or anastomotic endoscopically non-passable ileal stricture, confirmed by a centrally read Simple Endoscopic Score for Crohn’s Disease (SES-CD).

Upon study initiation, participants will be randomized in a 1:1:1:1 ratio to receive either ontunisertib at one of three dose levels (400 mg, 200 mg, and 100 mg), or a matching placebo, administered twice daily. The trial will consist of a 6-week screening period, a 52-week treatment period, and a 2-week follow-up period.

The primary endpoint is the proportion of patients achieving endoscopic passability of the ileal index stricture at Week 24.

Key secondary efficacy endpoints include:

  • Proportion of participants achieving endoscopic passability of the ileal index stricture at Week 52.
  • Change from baseline in Magnetic Resonance Enterography (MRE) imaging features of the index stricture at Week 24 and Week 52.
  • Change from baseline in total SES-CD at Week 24 and Week 52.
  • Proportion of participants with an endoscopic response and remission at Week 24 and Week 52 compared to baseline.
  • Change from baseline in Patient-Reported Outcome questionnaire for stricturing Crohn’s disease (S-PRO 2.0) severity score at Week 24 and Week 52.
  • Time to an FSCD-related event (including surgery and endoscopic balloon dilation).

The endpoints assessed in the NOV-ERA study are designed to inform the selection of potential registrational endpoints for ontunisertib in FSCD.

Ontunisertib is an investigational drug and not approved by any regulatory authority. Its efficacy and safety have not been established.

About ontunisertib
Ontunisertib (AGMB-129) is an oral small molecule GI-restricted inhibitor of ALK5 (or TGF-β RI) currently in clinical development for the treatment of Fibrostenosing Crohn’s Disease (FSCD). TGF-β is a major driver of fibrosis. Ontunisertib is specifically designed to inhibit ALK5/TGF-β in the GI-tract. Rapid first-pass metabolism in the liver prevents clinically relevant systemic exposure, potentially delivering an improved safety profile over systemically available inhibitors in this class. Ontunisertib has received U.S. FDA Fast Track Designation.

About Fibrostenosing Crohn’s Disease
Crohn’s disease is a chronic progressive disease of the gastrointestinal tract. It is estimated that approximately 46% of patients with Crohn’s disease have fibrosis of the gastrointestinal tract, resulting in stricture formation and intestinal obstructions, most frequently in the terminal ileum. These strictures can cause obstructive symptoms leading to dietary change, malnutrition and surgery. Despite the large unmet medical need, there are no approved pharmacological therapies for FSCD.

About Agomab
Agomab is a clinical-stage biopharmaceutical company focused on developing novel disease-modifying therapies for fibro-inflammatory diseases with high unmet medical need. Agomab’s product candidates are designed to target established potent pathways and utilize organ-restricted approaches, with the aim of increasing efficacy while minimizing safety liabilities. Fostering a culture of excellence, Agomab’s mission is to pioneer therapeutics that aim to resolve fibro-inflammation and restore organ function to enable people with these disorders to live fuller and healthier lives.

Cautionary Note Regarding Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of applicable securities laws, including, without limitation, statements regarding Agomab’s plans, expectations and development strategy for ontunisertib; the design, initiation, enrollment, dosing, conduct, timing and potential outcomes of the NOV-ERA Phase 2b study and statements related to interactions with regulatory authorities related thereto; the expected timing for dosing the first participants in the NOV-ERA study; the potential for the NOV-ERA study endpoints to validate and inform the selection of potential registrational endpoints for ontunisertib in FSCD; the potential therapeutic benefits, safety profile and clinical utility of ontunisertib; the potential of ontunisertib to address unmet medical need in FSCD; and Agomab’s expectations regarding regulatory and ethics reviews, approvals and alignment, including with respect to CTAs submitted in multiple countries globally.

Forward-looking statements are based on Agomab’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, risks and uncertainties related to the risks inherent in biopharmaceutical product development; the initiation, timing, enrollment, conduct, completion and results of clinical trials; the ability to obtain and maintain regulatory and ethics approvals to initiate and conduct the NOV-ERA study in applicable jurisdictions; potential changes in regulatory requirements or feedback from regulatory authorities; the possibility that clinical trial results may not support further development or regulatory approval of ontunisertib; the possibility that the endpoints assessed in the NOV-ERA study may not validate or inform the selection of potential registrational endpoints; the safety, tolerability, efficacy and therapeutic potential of ontunisertib; Agomab’s ability to manufacture and supply sufficient quantities of ontunisertib for clinical development; and other risks and uncertainties described more fully in the section titled “Risk Factors” in Agomab’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Agomab undertakes no duty to update such information except as required under applicable law. Readers should not rely upon the information in this announcement as current or accurate after its publication date.

Contacts
Investors
Sofie Van Gijsel
VP of Investor Relations
E-Mail: sofie.vangijsel@agomab.com 
Phone: +1 781 296 1143
        
Media
Gretchen Schweitzer
Trophic Communications
E-Mail: agomab@trophic.eu 
Phone: +49 172 861 8540


FAQ

What is Agomab’s NOV-ERA Phase 2b study with ontunisertib for Crohn’s disease (AGMB)?

NOV-ERA is a Phase 2b trial testing oral ontunisertib in symptomatic fibrostenosing Crohn’s disease (FSCD). According to Agomab, it is randomized, double-blind, placebo-controlled, dose-ranging, and will assess efficacy and safety in up to 320 adult patients worldwide.

When will Agomab (AGMB) start dosing patients in the NOV-ERA Phase 2b ontunisertib trial?

Agomab plans to dose the first NOV-ERA participants in the second half of 2026. According to Agomab, study initiation will follow receipt of applicable regulatory and ethics approvals, with operational preparations for patient enrollment currently underway.

What is the primary endpoint in Agomab’s NOV-ERA Phase 2b ontunisertib study for FSCD (AGMB)?

The primary endpoint is endoscopic passability of the ileal index stricture at Week 24. According to Agomab, this is assessed using the SES-CD narrowing score and reflects a novel endpoint aligned with the FDA for fibrostenosing Crohn’s disease.

How many patients will be enrolled in Agomab’s NOV-ERA Phase 2b ontunisertib trial (AGMB)?

The NOV-ERA study is expected to enroll up to 320 adult patients with symptomatic FSCD globally. According to Agomab, participants will be randomized 1:1:1:1 to three ontunisertib dose levels or placebo, twice daily, over a 52-week treatment period.

What secondary endpoints will NOV-ERA evaluate for ontunisertib in fibrostenosing Crohn’s disease?

Secondary endpoints include Week 52 endoscopic passability, MRE changes, SES-CD change, endoscopic response/remission, S-PRO 2.0 score, and time to FSCD-related events. According to Agomab, these measures are intended to guide potential registrational endpoints for ontunisertib.

Is ontunisertib approved for fibrostenosing Crohn’s disease and what is its development stage?

Ontunisertib is not approved for any indication and remains investigational. According to Agomab, the NOV-ERA trial is a Phase 2b study designed to further assess its efficacy and safety in fibrostenosing Crohn’s disease and inform future registrational endpoints.

Which regulators have cleared Agomab’s NOV-ERA Phase 2b ontunisertib study so far?

NOV-ERA has central IRB approval in the U.S. and authorization from Health Canada. According to Agomab, Clinical Trial Applications have also been submitted in multiple countries, including across the European Union and Asia Pacific territories, pending additional approvals.