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Altimmune to Present New Data on Pemvidutide in Serious Liver Diseases at AASLD The Liver Meeting® 2026

The 48-week IMPACT analyses showed reductions across non-invasive liver measures compared with placebo.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Altimmune (Nasdaq: ALT) will present new pemvidutide clinical and preclinical data at AASLD’s The Liver Meeting on November 5–9, 2026.

In 48-week analyses of the IMPACT Phase 2b study in metabolic dysfunction-associated steatohepatitis (MASH), pemvidutide reduced liver stiffness and ELF score, two non-invasive markers of scarring, alongside liver fat and alanine aminotransferase compared with placebo. Gastrointestinal adverse events were mild to moderate, with none severe. Discontinuations due to adverse events were lower than with placebo, and more pemvidutide-treated patients completed treatment despite no dose titration. Preclinical results showed reduced mean alcohol intake in a hamster model. The company’s PERFORMA Phase 3 MASH trial is actively enrolling.

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5 points · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 0 points

How the balance works

Positive

  • Moderate point48-week IMPACT Phase 2b analyses showed concurrent reductions in liver stiffness, ELF score, liver fat and alanine aminotransferase versus placebo.
  • Minor pointGastrointestinal adverse events were mild to moderate, with no severe gastrointestinal treatment-emergent adverse events reported.
  • Minor pointAdverse-event discontinuations were lower than placebo; more pemvidutide-treated patients completed treatment despite no dose titration.
  • Minor pointPreclinical hamster data showed reduced mean alcohol intake with pemvidutide.
  • Minor pointPERFORMA Phase 3 is actively enrolling patients with MASH.

Negative

  • None.

Key Figures

Analysis period: 48 weeks
Analysis period
48 weeks
IMPACT Phase 2b MASH analyses

Historical Context

1 past event · Latest: Aug 12
1 event
  1. Aug 12

    Phase 2 data

    24h Move
    -2.3%

    IMPACT reported MASH resolution and fibrosis improvements, and PERFORMA Phase 3 had begun.

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

Key Terms

elf score, alanine aminotransferase, treatment-emergent adverse events, alcohol use disorder, +1 more
5 terms
elf score medical
"liver stiffness and ELF score"
The ELF score is a blood-based test that combines several biological markers into a single number to estimate the amount of scarring (fibrosis) in the liver. Investors watch it because stronger, validated test results can speed regulatory approval, guide patient selection in clinical trials, and affect how widely a diagnostic or therapy will be used — like a single dashboard light that signals how urgently a car needs repair and helps decide how much buyers will pay.
alanine aminotransferase medical
"alanine aminotransferase (ALT) compared to placebo"
Alanine aminotransferase (ALT) is an enzyme found mainly in liver cells that is released into the blood when liver cells are injured; clinicians use its level like a thermometer for liver health. For investors, ALT matters because elevated levels can signal liver damage from drugs, infections, or other conditions, affecting drug trial safety, regulatory approvals, product viability, and company valuations—similar to how a dashboard warning can change the outlook for a vehicle.
treatment-emergent adverse events medical
"no severe gastrointestinal treatment-emergent adverse events reported"
Events or symptoms that either appear for the first time or get worse after a patient starts a treatment; think of new or intensified side effects that show up once medicine or a medical device is used. Investors watch these closely because they affect whether a therapy can gain regulatory approval, be prescribed widely, or face legal and commercial setbacks—similar to how early customer complaints can sink a new product’s prospects.
alcohol use disorder medical
"clinical investigation of pemvidutide in alcohol use disorder (AUD)"
A chronic medical condition characterized by an inability to control or stop drinking despite negative effects on health, work, relationships or safety; it ranges from mild to severe based on frequency, loss of control, and withdrawal symptoms. Investors care because its prevalence and treatment options affect markets for pharmaceuticals, medical services and health-related productivity—think of it like a long-running equipment fault in a factory that reduces output and creates demand for repairs and preventive solutions.
alcohol-associated liver disease medical
"alcohol use disorder (AUD) and alcohol-associated liver disease (ALD)"
Alcohol-associated liver disease is damage to the liver caused by prolonged heavy alcohol use, ranging from fat buildup and inflammation to permanent scarring (cirrhosis) or liver failure. It matters to investors because its prevalence and severity drive demand for medical tests, hospital care, drugs and medical devices, and influence health-care costs, regulatory attention, and workforce productivity—similar to how a failing engine raises repair bills and reduces a vehicle’s usefulness.

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Clinical highlights from the IMPACT Phase 2b study of pemvidutide in MASH demonstrated improvements in liver fibrosis and inflammation with generally favorable gastrointestinal tolerability

Oral presentation to feature new pre-clinical data showing substantial reduction in alcohol intake with pemvidutide

GAITHERSBURG, Md., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Altimmune, Inc. (Nasdaq: ALT), a late clinical-stage biopharmaceutical company developing pemvidutide to address serious liver diseases, today announced that new clinical and preclinical data on pemvidutide will be presented at the American Association for the Study of Liver Diseases’ (AASLD) The Liver Meeting® 2026, taking place November 5-9, 2026, in Denver, Colorado.

Data being presented will include results from 48-week IMPACT Phase 2b analyses in metabolic dysfunction-associated steatohepatitis (MASH) which showed that treatment with pemvidutide achieved concurrent reductions in two non-invasive markers of fibrosis, liver stiffness and ELF score, as well as liver fat and alanine aminotransferase (ALT) compared to placebo. These concordant changes across multiple non-invasive tests provide a more robust picture of treatment response than an individual measure. Separate IMPACT data showed that gastrointestinal adverse events were mild to moderate, with no severe gastrointestinal treatment-emergent adverse events reported. Treatment discontinuations due to adverse events were lower with pemvidutide than placebo, with a greater proportion of pemvidutide-treated patients completing study treatment despite no dose titration.

New preclinical data also showed a significant reduction in mean alcohol intake with pemvidutide in a hamster model, supporting further clinical investigation of pemvidutide in alcohol use disorder (AUD) and alcohol-associated liver disease (ALD).

Altimmune will also have an Exhibit Booth at the meeting.

Details of the presentations are as follows:

Oral Presentations:

  • Abstract Title: Pemvidutide Treatment Reduces Alcohol Intake in a Lean Golden Syrian Hamster Model
    • Session: Industry Review Showcase
    • Date/Time: Saturday, November 7, 2026, 8:15 a.m. MT
    • Presenter: John J. Suschak
  • Abstract Title: Pemvidutide Treatment Results in Concurrent Reductions in Multiple Non-Invasive Tests for Hepatic Inflammation and Fibrosis: 48-Week Responder Analyses of the IMPACT Phase 2b Trial in Metabolic Dysfunction-Associated Steatohepatitis
    • Session: Clinical Trial Pipeline for MASH 2026
    • Date/Time: Sunday, November 8, 2026, 11:45 a.m. – 12:00 p.m. MT
    • Presenter: Dr. Naim Alkhouri

Poster Presentation:

  • Abstract Title: Gastrointestinal Tolerability of Pemvidutide Without Dose Titration in Patients with Metabolic Dysfunction-Associated Steatohepatitis from the Phase 2b IMPACT Trial
    • Session: MASLD/MASH Therapeutics
    • Date/Time: Saturday, November 7, 2026, 1 p.m. - 2 p.m. MT
    • Presenter: Dr. Mazen Noureddin

A copy of the oral presentations and posters will be accessible on the Events section of the Altimmune website following the meeting.

Exhibit Booth

Altimmune will showcase its pipeline in a newly designed display in the exhibit hall at the Colorado Convention Center, open November 6, 2026, from 5:00 to 6:30 p.m. MT and November 7-8, 2026, from 9:30 a.m. to 5:00 p.m. MT.

The Booth will feature information on pemvidutide, along with information on the Company's actively enrolling PERFORMA Phase 3 trial of pemvidutide in patients with MASH. Altimmune medical affairs staff will be on-site throughout the meeting to engage with conference attendees.

About Pemvidutide

Pemvidutide is an investigational novel peptide with balanced 1:1 glucagon/GLP-1 dual receptor agonist activity that effects reductions in liver fat, inflammation, and fibrosis, in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH), alcohol use disorder (AUD) and alcohol-associated liver disease (ALD). The activation of glucagon receptors results in direct effects on the liver, while GLP-1 receptors mediate metabolic effects such as appetite suppression and weight loss and are involved in pathways related to craving and reward.

The FDA granted Fast Track designations to pemvidutide for the treatment of MASH and AUD, as well as Breakthrough Therapy Designation for MASH. In December 2025, the Company announced topline 48-week data from the IMPACT Phase 2b trial in MASH. In July 2026, the PERFORMA Phase 3 trial, a global, randomized, double-blind, placebo-controlled, parallel-group study of pemvidutide in patients with MASH was initiated. In July 2026, the Company announced positive topline results from the RECLAIM Phase 2 trial in AUD. In August 2026, the Company announced completion of enrollment of the RESTORE Phase 2 trial in ALD.

About the IMPACT Phase 2b Study
The randomized, placebo-controlled, double-blind IMPACT Phase 2b trial (NCT05989711) enrolled 212 participants with biopsy-confirmed metabolic dysfunction-associated steatohepatitis (MASH) and fibrosis stages F2 or F3, with and without diabetes. Study participants were randomized 1:2:2 to receive weekly subcutaneous pemvidutide doses at either 1.2 mg, 1.8 mg or placebo for 48 weeks. The primary efficacy endpoints, measured at 24 weeks, were MASH resolution without worsening of fibrosis, or fibrosis improvement without worsening of MASH. Secondary endpoints included non-invasive tests of fibrosis and weight loss measured at 24 and 48 weeks.

About Altimmune

Altimmune is a late clinical-stage biopharmaceutical company developing therapies for patients with serious liver diseases. The Company’s lead candidate, pemvidutide, is a unique dual-action investigational therapy targeting both glucagon and GLP-1 receptors in a balanced 1:1 ratio in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH), alcohol use disorder (AUD) and alcohol-associated liver disease (ALD). For more information, please visit www.altimmune.com.

Investor Contact:
Luis Sanay, CFA
Vice President, Investor Relations
ir@altimmune.com

Media Contact:
Real Chemistry
altimmune@realchemistry.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Altimmune’s 48-week IMPACT analyses show for pemvidutide in MASH?

Pemvidutide achieved concurrent reductions in liver stiffness, ELF score, liver fat and alanine aminotransferase compared with placebo. These were 48-week analyses from the IMPACT Phase 2b study in metabolic dysfunction-associated steatohepatitis.

What evidence will Altimmune present on pemvidutide and alcohol intake?

New preclinical data in a hamster model showed a reduction in mean alcohol intake with pemvidutide. Altimmune said the findings support further clinical investigation in alcohol use disorder and alcohol-associated liver disease.

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