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Assembly Biosciences Reports Positive Interim Results from Phase 1b Clinical Studies of Long-Acting Helicase-Primase Inhibitor Candidates ABI-1179 and ABI-5366 Showing Reductions in Viral Shedding Rate and Virologically Confirmed Genital Lesion Rate in Recurrent Genital Herpes

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Assembly Bio (Nasdaq: ASMB) reported positive interim Phase 1b results for two long-acting HSV helicase-primase inhibitor candidates, ABI-1179 (weekly oral) and ABI-5366 (monthly and weekly oral regimens), dated Dec 8, 2025.

Key findings: 50 mg weekly ABI-1179 showed a 98% reduction in HSV-2 shedding, > 99% reduction in high viral load swabs and 91% reduction in virologically confirmed genital lesion rate vs placebo over 29 days; ABI-5366 monthly cohort showed 76% shedding and 88% lesion rate reductions. Both candidates were generally well tolerated and PK supports weekly and potentially monthly dosing.

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Positive

  • HSV-2 shedding reduced 98% with ABI-1179 50 mg weekly vs placebo
  • High viral load samples >99% reduced with ABI-1179 50 mg weekly
  • Virologically confirmed lesion rate reduced 91% with ABI-1179 50 mg weekly
  • ABI-5366 monthly achieved 76% HSV-2 shedding reduction vs placebo
  • PK profiles support once-weekly and potential once-monthly oral dosing

Negative

  • Majority (89%) of positive swabs in ABI-5366 monthly cohort occurred when drug levels declined
  • Seven participants discontinued across ABI-5366 cohorts (various reasons)
  • One grade 3 migraine reported in ABI-1179 study (20 mg/placebo cohort)
  • One grade 3 hypertriglyceridemia event led to discontinuation in ABI-5366 cohort

Market Reaction 15 min delay 2 Alerts

+5.71% Since News
$37.40 Last Price
+$30M Valuation Impact
$560M Market Cap
1.5x Rel. Volume

Following this news, ASMB has gained 5.71%, reflecting a notable positive market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $37.40. This price movement has added approximately $30M to the company's valuation. Trading volume is above average at 1.5x the average, suggesting increased trading activity.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.

Key Figures

HSV-2 shedding reduction 98% ABI-1179 50 mg weekly vs placebo over 29-day Phase 1b period
High viral load shedding reduction >99% ABI-1179 50 mg weekly vs placebo, Phase 1b secondary endpoint
Virologically confirmed lesion rate reduction 91% ABI-1179 50 mg weekly vs placebo over 29 days
HSV-2 shedding reduction 76% ABI-5366 monthly oral dosing vs placebo, Phase 1b interim
High viral load shedding reduction 81% ABI-5366 monthly regimen vs placebo, Phase 1b interim
Virologically confirmed lesion rate reduction 88% ABI-5366 monthly regimen vs placebo over 29 days
Participants enrolled (ABI-1179 cohorts) 50 participants Phase 1b 20 mg and 50 mg weekly dose cohorts
Participants enrolled (ABI-5366 cohorts) 76 participants Phase 1b 150/30 mg, 350 mg weekly, and monthly cohorts

Market Reality Check

$35.38 Last Close
Volume Volume 28,720 is only 0.23x the 20-day average of 125,880, suggesting limited pre-news positioning. low
Technical Shares at $35.01 were trading above the 200-day MA of $20.04, and 11.82% below the 52-week high of $39.705 before this update.

Peers on Argus

Peers showed mixed moves: LRMR, TECX and RCKT were down (e.g., TECX -5.1%), while BNTC and YMAB were modestly positive. With no peers in the momentum scanner and no same‑day peer headlines, this HSV-2 data readout appears stock-specific rather than a sector-wide biotechnology move.

Historical Context

Date Event Sentiment Move Catalyst
Nov 10 Earnings and pipeline Positive +3.3% Q3 results with strong cash position and positive HSV and HDV program updates.
Nov 07 HBV trial data Positive -0.0% Positive Phase 1b HBV data for ABI-4334 with multi-log viral load declines.
Oct 14 Investor conferences Neutral +2.6% Planned participation in healthcare investor conferences with management presentations.
Oct 10 HSV-2 interim data Positive -1.2% Interim Phase 1b ABI-5366 data with large HSV-2 shedding and lesion reductions.
Aug 08 Equity financings Negative +13.0% Pricing of $175M equity financings with shares and pre-funded warrants at $19.60.
Pattern Detected

Recent news often skews positive, but price reactions have been mixed, with several clinical or financing milestones showing divergence between upbeat updates and subsequent trading.

Recent Company History

Over the last six months, Assembly Biosciences has repeatedly reported positive clinical and strategic updates. On Aug 8, a strong HSV clinical trial readout for ABI-5366 coincided with equity financings totaling $175M, and the stock rose 12.96%. Subsequent interim HSV-2, HBV, and HDV data plus Q3 results (cash of $232.6M) showed generally favorable progress, though price reactions ranged from slight declines to modest gains, underscoring inconsistent trading responses to positive news.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-10-14

An effective S-3 resale registration dated Oct 14, 2025 covers up to 6,980,811 existing or warrant-related shares for a selling stockholder. Assembly Biosciences is not issuing new shares or receiving proceeds under this shelf; it only bears registration and listing expenses. A related 424B3 prospectus on Nov 21, 2025 reflects usage of this resale capacity.

Market Pulse Summary

The stock is up +5.7% following this news. A strong positive reaction aligns with the clearly favorable Phase 1b efficacy and safety data, where key HSV-2 metrics showed reductions up to 98–>99% versus placebo. Historical clinical-trial headlines for this company have produced average moves of 5.86%, with some prior HSV-2 updates drawing notable interest. Investors would still have to weigh secondary resale capacity under the existing shelf and prior equity financings when assessing durability of any sharp upside move.

Key Terms

pharmacokinetic (PK) profile medical
"the observed pharmacokinetic (PK) profile continues to support once-weekly oral dosing"
A pharmacokinetic (pk) profile shows how a drug moves through a person's body over time, including how quickly it is absorbed, how much of it stays in the system, and how it is eliminated. For investors, understanding this profile helps assess how effectively and safely a medication works, which can impact a company’s potential success and market value. It’s like tracking how a drop of dye spreads and fades in a glass of water to see how it disperses.
p-value technical
"% Rate Reductions vs PBO QW (p-value a ) | 350 mg QW | Monthly"
A p-value is a number that helps determine how likely it is that a result or pattern happened by chance rather than because of a real effect. For investors, a low p-value suggests that the findings in a study or analysis are probably meaningful and not just random noise—like noticing a pattern in coin flips that’s unlikely to occur by chance. This helps in assessing the reliability of information used to make financial decisions.
treatment-emergent adverse events medical
"the proportion of participants reporting treatment-emergent adverse events (TEAEs) was similar"
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.
placebo-controlled medical
"ABI-1179-101 is a randomized, blinded, placebo-controlled Phase 1a/b clinical study"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
Phase 1b medical
"positive interim results from two Phase 1b studies of its investigational"
"Phase 1b" is an early stage in testing a new medical treatment or vaccine, where it is given to a small group of people to evaluate its safety and determine the right dose. For investors, this phase signals progress in development, indicating the treatment is advancing through initial safety checks, which can influence expectations for future success and potential market impact.

AI-generated analysis. Not financial advice.

98% reduction in HSV-2 shedding rate, >99% reduction in high viral load shedding rate and 91% reduction in virologically confirmed genital lesion rate observed in 50 mg weekly oral dose of ABI-1179, exceeding expectations for the study

76% reduction in HSV-2 shedding rate, 81% reduction in high viral load shedding rate and 88% reduction in virologically confirmed genital lesion rate observed in proof-of-concept test of monthly oral dose of ABI-5366 –

– Company to hold conference call today at 6 p.m. ET –

SOUTH SAN FRANCISCO, Calif., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Assembly Biosciences, Inc. (Nasdaq: ASMB), a biotechnology company developing innovative therapeutics targeting serious viral diseases, today announced positive interim results from two Phase 1b studies of its investigational long-acting herpes simplex virus (HSV) helicase-primase inhibitors in participants seropositive for HSV type 2 (HSV-2) with recurrent genital herpes. These interim results include the first reported Phase 1b data for ABI-1179, evaluating weekly oral dosing. For ABI-5366, the reported data is for a monthly oral dosing regimen, following the positive interim results for weekly oral dosing reported earlier this year.

“As we saw with ABI-5366, weekly oral dosing of ABI-1179 outperformed our expectations for antiviral efficacy and improvement in clinical outcomes, and we are thrilled with these Phase 1b findings for both highly promising candidates,” said Anuj Gaggar, MD, PhD, chief medical officer of Assembly Bio. “The ABI-5366 monthly oral dosing results are also encouraging and show significant reductions in viral shedding and virologically confirmed genital lesion rate, supporting the continued optimization of exposure to evaluate its potential for monthly oral dosing. We expect to pursue such optimization efforts in parallel with moving once-weekly ABI-5366 regimens into longer-duration Phase 2 clinical studies, which we plan to initiate in mid-2026. In parallel, we are evaluating the potential to also advance ABI-1179 into Phase 2 clinical evaluation and are progressing Phase 2 enabling activities for this candidate.”

In the ABI-1179 study, highly potent antiviral activity was observed with a 98% reduction in HSV-2 shedding rate compared to placebo (p<0.01) over the 29-day evaluation period in the 50 mg weekly dose cohort. This reduction exceeds Assembly Bio’s target for the study of an 80%-85% reduction in HSV-2 shedding rate. Further, data revealed a 91% reduction in virologically confirmed genital lesion rate compared to placebo (p<0.01) with the 50 mg weekly dose. There was also a >99% reduction in the number of samples with high viral load, a potential surrogate for HSV-2 transmission and a secondary endpoint. ABI-1179 was observed to be well-tolerated at oral doses up to 50 mg weekly and the observed pharmacokinetic (PK) profile continues to support once-weekly oral dosing regimens.

In the ABI-5366 monthly dose cohort, potent antiviral activity was observed, with a 76% reduction in HSV-2 shedding rate compared to placebo (p<0.01) over the 29-day evaluation period. The majority of positive swabs (89%) were collected in the last two weeks of the evaluation period when drug levels were declining. An 88% reduction in virologically confirmed genital lesion rate (p=0.01), along with an 81% reduction in the number of samples with high viral load (p<0.01) compared to placebo, was observed. As previously reported for the 350 mg weekly dose cohort, a 94% reduction in HSV-2 shedding rate (p<0.01) and a 97% reduction in virologically confirmed genital lesion rate (p<0.05) compared to placebo was observed. ABI-5366 continues to be well-tolerated across all evaluated oral dosing regimens up to 350 mg weekly, and the PK profile supports both once-weekly and potentially once-monthly oral dosing regimens.

Under the collaboration agreement between Assembly Bio and Gilead Sciences, Inc. (Gilead), Gilead has the right to opt in to an exclusive license for further development and commercialization of the helicase-primase inhibitor program, with the first option timepoint extending through the review of an option data package to be delivered by Assembly Bio following the end of the Phase 1b studies.

ABI-1179 was contributed by Gilead under the collaboration between Assembly Bio and Gilead. ABI-5366 and ABI-1179 are investigational product candidates that have not been approved anywhere globally, and their safety and efficacy have not been established.

Study ABI-1179-101 – Interim Phase 1b Results

Interim Results

The Phase 1b interim analysis includes data from cohort B1, evaluating a 50 mg weekly oral dose and cohort B2, evaluating a 20 mg weekly oral dose, through the data cutoff date of November 25, 2025.

Fifty participants have been enrolled in the 50 mg and 20 mg cohorts; 40 assigned to ABI-1179 (20 participants in each cohort) and 10 assigned to placebo (five in each cohort). Forty-six participants from these cohorts have completed the 29-day evaluation period while three discontinued treatment; one discontinued due to being lost to follow-up and two for other reasons not related to adverse events or study treatment. One participant was enrolled in the 20 mg cohort but did not receive treatment.

Antiviral activity and clinical outcomes by treatment arm are summarized below. For this analysis, Assembly Bio also looked at whether participant-reported lesions were confirmed with any positive HSV-2 swab taken during the duration of the reported lesion. Both virologically confirmed and overall lesion rates are provided for both ABI-1179 and ABI-5366 studies. 

Antiviral Activity and Clinical OutcomesPBO20 mg QW50 mg QW
HSV-2 Shedding Ratea16.9%1.4%0.4%
High Viral Load Shedding Rateb11.8%0.5%<0.1%
Overall Genital Lesion Ratec9.6%1.8%2.6%
Virologically Confirmed HSV-2 Genital Lesion Rated8.4%<0.1%0.7%

PBO=placebo; QW=once weekly; SD=standard deviation. All outcomes measured over evaluation period.
a HSV-2 shedding rate calculated as the number of positive HSV-2 anogenital swabs divided by the total number of swabs collected.
b High viral load shedding rate calculated as the number of positive HSV-2 anogenital swabs with HSV-2 >104 copies/mL divided by the total number of swabs collected.
 c Overall genital lesion rate calculated as the number of days with genital lesions of any kind present (including non HSV-2-associated lesions) divided by the total number of days assessed.
d Virologically confirmed lesion rate calculated as the number of days with genital lesions associated with positive HSV-2 anogenital swabs present divided by the total number of days assessed.

Statistically significant reductions were observed in the viral shedding rate, high viral load shedding rate, and virologically confirmed genital lesion rate for both the 50 mg and 20 mg cohorts compared to placebo as summarized below.

% Rate Reductions vs PBO QW (p-valuea)20 mg QW50 mg QW
% Reduction in HSV-2 Shedding Rate92% (p<0.01)98% (p<0.01)
% Reduction in High Viral Load Shedding Rate96% (p<0.01)>99%b
% Reduction in Overall Genital Lesion Rate82% (p=0.06)73% (p=0.09)
% Reduction in Virologically Confirmed HSV-2 Genital Lesion Rate>99%b91% (p<0.01)

PBO=placebo; QW=once weekly; High viral load = >104 HSV DNA copies/mL
a Statistical analysis conducted using Poisson regression models and the corresponding p-values estimated accordingly.
b P-value cannot be reliably calculated given the >99% reduction compared to placebo. The observed difference is consistent with a highly significant effect.

Across the 50 mg and 20 mg cohorts, ABI-1179 demonstrated a PK profile that continues to support once-weekly dosing. ABI-1179 was observed to be well-tolerated at oral doses up to 50 mg weekly in participants seropositive for HSV-2 with recurrent genital herpes.

As the study is ongoing, individual treatment assignments remain blinded. Overall, the proportion of participants reporting treatment-emergent adverse events (TEAEs) was similar between ABI-1179 (80%) and placebo (88.9%) recipients. Of the TEAEs reported, the majority were grade 1 or grade 2. The most common adverse events were upper respiratory tract infections and headaches. There have been no serious adverse events reported to date. One grade 3 adverse event of migraine was reported in a participant enrolled in the 20 mg/placebo cohort.

The proportion of participants reporting treatment-emergent laboratory abnormalities was higher in placebo (44.4%) than in ABI-1179 (32.5%) recipients, with all observed abnormalities grade 1 or grade 2.

Study ABI-5366-101 – Interim Phase 1b Monthly Dosing Results

Interim Results

The Phase 1b interim monthly dosing cohort analysis includes data from cohort B3, evaluating five loading doses of 350 mg given over seven days (the monthly cohort) through the data cutoff date of November 25, 2025. After this loading dose period, the evaluation period extended for 29 days with no further dosing as a simulation of a monthly dosing regimen. Additionally, final unblinded data from cohort B1, evaluating a loading dose of 150 mg and weekly doses of 30 mg (the 150/30 mg cohort), and cohort B2, evaluating a loading dose and weekly doses of 350 mg (the 350 mg cohort), are included.

Seventy-six participants have been enrolled in the 150/30 mg, 350 mg and the monthly cohorts; 61 assigned to ABI-5366 (20 participants in each of the 150/30 mg and 350 mg cohorts, 21 in the monthly cohort) and 15 assigned to placebo (five in each cohort). Sixty-nine participants from these cohorts have completed the 29-day evaluation period while seven discontinued treatment; one due to an adverse event (described below), one due to follow-up, two withdrew consent and three for other reasons not related to adverse events or study treatment.

Antiviral activity and clinical outcomes by treatment arm are summarized below.

Antiviral Activity and Clinical OutcomesPBO150/30 mg QW350 mg QWMonthly
HSV-2 Shedding Ratea14.9%14.5%0.9%3.5%
High Viral Load Shedding Rateb11.8%9.4%0.2%2.2%
Overall Genital Lesion Ratec18.3%11.5%1.1%6.5%
Virologically Confirmed HSV-2 Genital Lesion Rated16.2%11.5%0.5%2.0%

PBO=placebo; QW=once weekly; SD=standard deviation; High viral load = >104 HSV DNA copies/mL. All outcomes measured over evaluation period.
a HSV-2 shedding rate calculated as the number of positive HSV-2 anogenital swabs divided by the total number of swabs collected.
b High viral load shedding rate calculated as the number of positive HSV-2 anogenital swabs with HSV-2 >104 copies/mL divided by the total number of swabs collected.
 c Overall genital lesion rate calculated as the number of days with genital lesions of any kind present (including non HSV-2 associated lesions) divided by the total number of days assessed.
d Virologically confirmed lesion rate calculated as the number of days with genital lesions associated with positive HSV-2 anogenital swabs present divided by the total number of days assessed.

Statistically significant reductions were observed in the viral shedding rate, high viral load shedding rate, overall genital lesion rate and virologically confirmed genital lesion rate for both the 350 mg QW and monthly cohorts compared to placebo as summarized below. 

% Rate Reductions vs PBO QW (p-valuea)350 mg QWMonthly
% Reduction in HSV-2 Shedding Rate94% (p<0.01)76% (p<0.01)
% Reduction in High Viral Load Shedding Rate98% (p<0.05)81% (p<0.01)
% Reduction in Overall Genital Lesion Rate94% (p<0.01)65% (p<0.05)
% Reduction in Virologically Confirmed HSV-2 Genital Lesion Rate97% (p<0.05)88% (p=0.01)

PBO=placebo; QW=once weekly; High viral load = >104 HSV DNA copies/mL
a Statistical analysis conducted using Poisson regression models and the corresponding p-values estimated accordingly.

Across the 150/30 mg, 350 mg QW and monthly cohorts, ABI-5366 demonstrated a PK profile that continues to be supportive of once-weekly and potentially once-monthly dosing.

ABI-5366 was observed to be well-tolerated at all dose levels tested in participants seropositive for HSV-2 with recurrent genital herpes. While cohorts B1 and B2 are complete and unblinded safety data are reported, cohort B3 is ongoing and data remains blinded for this cohort. Safety data are summarized below.

 B1/B2
PBO
N=10
150/30 mg
QW
N=20
350 mg
QW
N=20
Monthly/PBO
N=26
Subjects with any TEAE (max grade), N(%)9 (90%)18 (90%)19 (95%)26 (100%)
Grade 1, N (%)5 (50%)12 (60%)10 (50%)12 (46%)
Grade 2, N (%)4 (40%)6 (30%)9 (45%)14 (54%)
Grade 3, N (%)0000
Grade 4, N (%)0000
TEAE Related to Study Drug, N (%)4 (40%)6 (30%)3 (15%)9 (35%)
TEAE Leading to Study Drug Discontinuation, N (%)0000
Serious Adverse Event0000
Death0000
Treatment Emergent Lab Abnormalities, N (%)9 (90%)14 (70%)15 (75%)14 (53.8%)
Grade 1, N (%)7 (70%)12 (60%)12 (60%)14 (54%)
Grade 2, N (%)3 (30%)3 (15%)5 (25%)2 (8%)
Grade 3, N (%)1 (10%)1 (5%)1 (5%)0
Grade 4, N (%)0000

PBO=placebo; QW=once weekly

Overall, across all cohorts, the proportion of participants reporting TEAEs was similar between ABI-5366 (95.1%) and placebo (93.3%) recipients. Of the TEAEs reported, all were grade 1 or grade 2. One grade 3 adverse event of hypertriglyceridemia was reported in a participant with relevant medical history who had grade 4 elevated triglycerides pre-dose on Day 1. This adverse event resulted in study discontinuation but following closure of the cohort was reassessed and was not considered treatment emergent or treatment related.

The proportion of participants reporting treatment emergent laboratory abnormalities was similar in placebo (66.7%) and ABI-5366 (68.9%) recipients, with the majority of observed abnormalities being grade 1 or grade 2.

There were three participants with treatment-emergent grade 3 laboratory abnormalities, all in the unblinded cohorts B1 and B2, and all are considered unrelated to assigned treatment: an exercise-associated elevation in creatine kinase (150/30 mg QW), an elevation of cholesterol in the follow-up period in a participant that had a grade 2 elevation at baseline (350 mg QW) and a participant with decreased neutrophils (placebo). There did not appear to be a dose-response relationship in either the frequency or severity of TEAEs or laboratory abnormalities. There have been no serious adverse events reported to date.

ABI-1179-101 Study Overview

ABI-1179-101 is a randomized, blinded, placebo-controlled Phase 1a/b clinical study. Positive interim data have been previously reported for Part A (Phase 1a), evaluating the safety, tolerability and PK of ABI-1179 following single dose administration in healthy participants. Part B (Phase 1b), in participants seropositive for HSV-2 with recurrent genital herpes, is evaluating weekly oral dosing regimens over a 29-day period in up to four cohorts randomized 20:5 between ABI-1179 and placebo with a pooled placebo analysis. Dosing is ongoing for cohort B3, evaluating a 10 mg weekly dosing regimen of ABI-1179. Part B also evaluates antiviral activity by measuring changes in viral parameters including shedding rate, quantification of HSV-2 DNA levels obtained from anogenital swab samples, and clinical parameters including genital lesion rate and duration. Due to the observed half-life of ABI-1179, the safety follow-up period for participants extends for 29 days after dosing (Day 57), with safety data available as of the data cutoff date through Day 57 for all participants from these cohorts that completed the evaluation period. The study uses pooled data from placebo recipients across cohorts as a control. As additional placebo recipients are enrolled in later cohorts, the sample size for the pooled placebos will change, which is expected to result in adjustments to both the observed effect sizes compared to placebo and the tests of statistical significance for those observed effects.

Additional information about the Phase 1a/b trial is available at clinicaltrials.gov using the identifier NCT06698575.

ABI-5366-101 Study Overview

ABI-5366-101 is a randomized, blinded, placebo-controlled Phase 1a/b clinical study. Positive interim data have been previously reported for Part A (Phase 1a), evaluating the safety, tolerability and PK of ABI-5366 following single dose administration in healthy participants. Positive interim data have also previously been reported for two weekly oral dosing regimens over a 29-day period in Part B (Phase 1b, cohorts B1 and B2), in participants seropositive for HSV-2 with recurrent genital herpes. Part B of the study enrolled three cohorts randomized 20:5 between ABI-5366 and placebo with a pooled placebo analysis. Safety follow up is ongoing for cohort B3. Part B also evaluates antiviral activity by measuring changes in viral parameters including shedding rate, quantification of HSV-2 DNA levels obtained from anogenital swab samples, and clinical parameters including genital lesion rate and duration. Due to the long half-life of ABI-5366, the safety follow-up period for participants extends for 98 days after dosing (Day 127), with all safety data available as of the data cutoff date for all participants in cohorts B1 and B2 and up to Day 43 for all participants from the B3 cohort that completed the evaluation period. Complete, unblinded safety data are included for cohorts B1 and B2, with blinded safety data for cohort B3. The study uses pooled data from placebo recipients across cohorts as a control. As additional data for placebo recipients from cohort B3 become available, it is expected to result in adjustments to both the observed effect sizes compared to placebo and the tests of statistical significance for those observed effects.

Additional information about the Phase 1a/b trial is available at clinicaltrials.gov using the identifier NCT06385327.

Webcast and Conference Call Information

Assembly Bio will be hosting a live webcast today at 6 p.m. ET. The live webcast can be accessed on the Investors section on the Company’s website at https://investor.assemblybio.com/events-presentations. A replay of the webcast will be available following the call.

About Recurrent Genital Herpes

Genital herpes is a chronic viral infection caused by HSV that can result in painful genital lesions, serious psychological and social impacts, and an increased risk of acquiring human immunodeficiency virus (HIV). Epidemiologic studies estimate over four million people in the United States, France, Germany, Italy, Spain and the United Kingdom experience recurrent genital herpes, with most people with initial symptomatic genital HSV-2 infection having three or more recurrences per year. While genital herpes can be caused by either HSV type 1 (HSV-1) or HSV-2, recurrences are more likely to be experienced by individuals infected by HSV-2. The current standard of care for recurrent genital herpes is nucleoside analogs given intermittently for recurrences or as daily chronic suppressive therapy; however, these are only partially effective in preventing recurrences and in reducing transmission of the virus. No new drugs have been approved in the United States or Europe to treat genital herpes for more than 25 years.

About Helicase-Primase Inhibition

HSV helicase-primase inhibitors target the viral helicase-primase complex, an essential viral enzyme complex that is conserved across both HSV-1 and HSV-2 and has no host equivalent. Inhibition of the helicase-primase complex is a clinically validated mechanism that has shown the potential for superior efficacy to the current standard of care, nucleoside analogs, in short-duration clinical studies in participants with recurrent genital herpes.

About Assembly Biosciences

Assembly Biosciences is a biotechnology company dedicated to the development of innovative small-molecule therapeutics designed to change the path of serious viral diseases and improve the lives of patients worldwide. Led by an accomplished team of leaders in virologic drug development, Assembly Bio is committed to improving outcomes for patients struggling with the serious, chronic impacts of herpesvirus, hepatitis B virus (HBV) and hepatitis delta virus (HDV) infections. For more information, visit assemblybio.com.

Forward-Looking Statements

The information in this press release contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to materially differ. These risks and uncertainties include: Assembly Bio’s ability to realize the potential benefits of its collaboration with Gilead, including all financial aspects of the collaboration and equity investments; Assembly Bio’s ability to initiate and complete clinical studies involving its therapeutic product candidates, including studies contemplated by Assembly Bio’s collaboration with Gilead, in the currently anticipated timeframes or at all; safety and efficacy data from clinical or nonclinical studies may not warrant further development of Assembly Bio’s product candidates; clinical and nonclinical data may not differentiate Assembly Bio’s product candidates from other companies’ candidates; Assembly Bio’s ability to maintain financial resources and secure additional funding necessary to continue its research activities, clinical studies, and other business operations; potential effects of changes in government regulation, including as a result of the change in U.S. administration in 2025; results of nonclinical studies may not be representative of disease behavior in a clinical setting and may not be predictive of the outcomes of clinical studies; and other risks identified from time to time in Assembly Bio’s reports filed with the U.S. Securities and Exchange Commission (the SEC). You are urged to consider statements that include the words may, will, would, could, should, might, believes, hopes, estimates, projects, potential, expects, plans, anticipates, intends, continues, forecast, designed, goal or the negative of those words or other comparable words to be uncertain and forward-looking. Assembly Bio intends such forward-looking statements to be covered by the safe harbor provisions contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. More information about Assembly Bio’s risks and uncertainties are more fully detailed under the heading “Risk Factors” in Assembly Bio’s filings with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Except as required by law, Assembly Bio assumes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

Investors:
Meru Advisors
Patrick Till
(415) 788-8560
investor_relations@assemblybio.com

Media:
Sam Brown LLC
Alyssa Kuciunas
(331) 481-3751
ASMBMedia@sambrown.com


FAQ

What did Assembly Bio announce about ABI-1179 results on Dec 8, 2025 (ASMB)?

ABI-1179 50 mg weekly showed a 98% HSV-2 shedding reduction, >99% high viral load reduction and 91% virologically confirmed lesion rate reduction versus placebo over 29 days.

How did ABI-5366 monthly dosing perform in the Dec 8, 2025 ASMB update?

ABI-5366 monthly cohort showed a 76% reduction in HSV-2 shedding, 81% reduction in high viral load samples and 88% reduction in virologically confirmed lesion rate versus placebo.

What tolerability and safety did Assembly Bio report for ABI-1179 and ABI-5366 (ASMB)?

Both candidates were generally well tolerated; most TEAEs were grade 1–2, with no reported serious adverse events to date.

Do ABI-1179 and ABI-5366 support weekly or monthly dosing according to the Dec 8, 2025 release?

Assembly Bio reported PK profiles supportive of once-weekly dosing for both candidates and potential once-monthly dosing for ABI-5366.

What clinical next steps did Assembly Bio outline for ASMB on Dec 8, 2025?

The company plans Phase 2 enabling activities for ABI-1179 and aims to initiate longer-duration Phase 2 studies for weekly ABI-5366 in mid-2026.

How does the Gilead collaboration affect Assembly Bio's helicase-primase program (ASMB)?

Under the collaboration, Gilead holds a right to opt in to an exclusive license, with the first option timepoint extending through review of an option data package after Phase 1b.
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