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Beam Therapeutics Presents Recently Reported Topline Clinical Data for BEAM-302 in Alpha-1 Antitrypsin Deficiency (AATD) at the American Thoracic Society (ATS) 2026 International Conference

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Beam Therapeutics (Nasdaq: BEAM) presented updated Phase 1/2 data for its base-editing candidate BEAM-302 in alpha-1 antitrypsin deficiency (AATD) at the ATS 2026 conference.

The update covers single-dose cohort safety, durability of efficacy and reduced human neutrophil elastase activity, and outlines plans for an FDA accelerated approval path with a pivotal expansion starting in 2H 2026.

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AI-generated analysis. Not financial advice.

Positive

  • Topline clinical data from 29 BEAM-302-treated AATD patients as of February 10, 2026
  • Additional single-dose cohort data include detailed safety, durability and elastase reduction
  • Beam plans to pursue FDA accelerated approval pathway for BEAM-302
  • Pivotal expansion will enroll ~50 additional AATD patients to support a future BLA
  • Pivotal BEAM-302 cohort expected to initiate in the second half of 2026

Negative

  • None.

Key Figures

BEAM-302 treated patients: 29 patients Planned pivotal expansion: ≈50 additional patients Protective AAT threshold: 11 µM +5 more
8 metrics
BEAM-302 treated patients 29 patients Topline Phase 1/2 data as of Feb 10, 2026 cutoff
Planned pivotal expansion ≈50 additional patients AATD-associated lung disease pivotal cohort in Phase 1/2 trial
Protective AAT threshold 11 µM BEAM-302 March 25, 2026 AATD data; all patients above threshold at 60 mg
Steady-state AAT level 16.1 µM BEAM-302 60 mg cohort in AATD Phase 1/2 trial
Q1 2026 revenue $31.7 million License and collaboration revenue, up from $7.5 million year prior
Q1 2026 net loss $94.3 million Quarterly net loss, $0.91 per share
Cash & securities $1.2 billion Balance as of Mar 31, 2026, supporting runway into mid-2029
Vanguard ownership 5,122,475 shares (5.02%) Schedule 13G filed 04/29/2026

Market Reality Check

Price: $26.32 Vol: Volume 1,549,662 vs 20-da...
normal vol
$26.32 Last Close
Volume Volume 1,549,662 vs 20-day average 2,223,165 (relative volume 0.7x) suggests no outsized trading response. normal
Technical Shares at $27.84, trading above the 200-day MA of $25.53 and 23.6% below the 52-week high, 81.37% above the 52-week low.

Peers on Argus

BEAM fell 5.42% while peers like GLPG (-2.8%), TARS (-3.88%) and TVTX (-2.07%) w...
1 Down

BEAM fell 5.42% while peers like GLPG (-2.8%), TARS (-3.88%) and TVTX (-2.07%) were also down, but only 1 peer (OCUL, -8.57%) appeared in the momentum scanner, pointing to mainly stock-specific pressure.

Previous Clinical trial Reports

5 past events · Latest: May 12 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
May 12 BEACON biomarker update Positive -0.5% Updated BEACON Phase 1/2 biomarker data in sickle cell disease.
Apr 01 NEJM BEACON data Positive +1.8% NEJM publication of interim BEACON Phase 1/2 data for risto-cel.
Mar 25 BEAM-302 AATD update Positive -3.5% Updated BEAM-302 Phase 1/2 data supporting pivotal advancement in AATD.
Dec 06 BEACON durability data Positive +0.0% Durable BEACON Phase 1/2 results in severe sickle cell disease.
Jun 13 BEAM-101 trial data Positive -2.2% New BEACON Phase 1/2 data for BEAM-101 in sickle cell disease.
Pattern Detected

Clinical trial news has produced mixed to slightly negative reactions, with 3 of 5 recent same-tag updates trading down despite positive data.

Recent Company History

Over the last year, Beam has repeatedly reported encouraging clinical trial progress across BEAM-302 and its BEACON sickle cell franchise. Prior BEAM-302 data on Mar 25, 2026 supported advancement to pivotal development, while multiple BEACON updates (including an NEJM publication on Apr 1, 2026) highlighted strong biomarker responses and durability. Today’s ATS presentation extends the BEAM-302 narrative with additional single-dose safety and durability data and aligns with the company’s stated plans to move into a pivotal expansion cohort under an accelerated approval strategy.

Historical Comparison

-0.9% avg move · Across 5 prior clinical-trial updates, BEAM moved on average -0.87%. Today’s -5.42% reaction to new ...
clinical trial
-0.9%
Average Historical Move clinical trial

Across 5 prior clinical-trial updates, BEAM moved on average -0.87%. Today’s -5.42% reaction to new BEAM-302 AATD data is notably more negative than typical same-tag responses.

Clinical updates show a clear progression: from early BEACON data for BEAM-101 and risto-cel to NEJM publication and BLA planning, and from BEAM-302 AATD biomarker data on Mar 25, 2026 that supported pivotal advancement to today’s ATS presentation of detailed single-dose safety and durability, alongside an FDA-guided accelerated approval and pivotal expansion plan.

Market Pulse Summary

This announcement expands on topline BEAM-302 Phase 1/2 data in AATD, adding detailed safety, durabi...
Analysis

This announcement expands on topline BEAM-302 Phase 1/2 data in AATD, adding detailed safety, durability and functional AAT measures, and outlining an FDA-guided accelerated approval and pivotal expansion of about 50 additional patients. In context of prior BEAM-302 and BEACON updates, it reinforces Beam’s multi-program clinical strategy. Investors may watch future congress presentations, the start of the pivotal AATD cohort in the second half of 2026, and subsequent regulatory milestones to gauge execution.

Key Terms

phase 1/2, pharmacodynamics, pharmacokinetics, human neutrophil elastase, +3 more
7 terms
phase 1/2 medical
"BEAM-302 is being evaluated in a Phase 1/2, open-label, dose exploration..."
Phase 1/2 is a combined early-stage clinical trial that first tests a new drug or treatment for safety and the right dose, then quickly expands to check if it shows any signs of working in patients. For investors, results from a Phase 1/2 study offer an early read on both risk and potential reward—like a prototype test that both confirms a product won’t harm users and suggests whether it could sell—helping guide valuation and development decisions.
pharmacodynamics medical
"trial to investigate its safety, tolerability, pharmacodynamics, pharmacokinetics and efficacy."
Pharmacodynamics is how a drug actually affects the body — the strength, type and duration of its effects and the relationship between dose and response. Think of it like how turning a thermostat changes room temperature: it shows what the drug does and how much is needed to get the desired effect. Investors care because these properties drive clinical success, dosing convenience, safety profile and competitive advantage, all of which influence commercial potential and regulatory approval.
pharmacokinetics medical
"trial to investigate its safety, tolerability, pharmacodynamics, pharmacokinetics and efficacy."
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.
human neutrophil elastase medical
"reduction in human neutrophil elastase activity (a direct measure of AAT function)..."
Human neutrophil elastase is an enzyme made by a type of white blood cell that acts like tiny molecular scissors to break down proteins during inflammation and infection. It matters to investors because excessive or uncontrolled activity is linked to diseases such as chronic lung conditions and inflammatory disorders, so it is a common drug target and biomarker; successful inhibitors or tests can drive clinical value, regulatory risk, and commercial opportunity.
biologics licensing application regulatory
"To support a future biologics licensing application (BLA) submission..."
A biologics licensing application is a formal regulatory request submitted to a health authority asking permission to sell a biologic product — such as vaccines, therapeutic proteins or cell therapies — after showing evidence it is safe and effective. For investors, it matters because approval is the license to commercialize a high-cost, high-reward product; a green light can unlock sales and long-term revenue, while rejection or delay can halt market access, much like a denied building permit prevents opening a new business.
accelerated approval regulatory
"Beam intends to pursue an accelerated approval pathway for BEAM-302."
Accelerated approval is a process that allows new medical treatments to be approved more quickly than usual if they address serious or life-threatening conditions and show promising early results. For investors, it signals that a treatment may reach the market sooner, potentially boosting a company's prospects, but it also involves some uncertainty since full evidence of effectiveness is still being gathered.
gene editing medical
"era of gene correction as a tool for clinicians.” BEAM-302 is being evaluated..."
Gene editing is a set of laboratory techniques that change the DNA inside living cells to add, remove, or alter specific genes, like using precise 'cut-and-paste' tools to edit an instruction manual for a living organism. It matters to investors because successful edits can produce new therapies, improve agricultural products, or create commercial advantages; progress, safety, regulatory approvals, and patent control all affect a company’s value and risk profile.

AI-generated analysis. Not financial advice.

Presentation Features Additional Data from the Single-dose Cohorts of the Phase 1/2 Trial, Including Detailed Safety Results, Efficacy Durability and Reduction in Human Neutrophil Elastase Activity Post-BEAM-302 Treatment

CAMBRIDGE, Mass., May 18, 2026 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today presented the recently reported clinical data from the BEAM-302 Phase 1/2 trial in alpha-1 antitrypsin deficiency (AATD) at a symposium on translating scientific discovery in gene editing into clinical progress for patients with lung disease. The presentation was given by Amy Simon, M.D., chief medical officer of Beam, at the American Thoracic Society (ATS) International Conference being held in Orlando, Fla.

“At Beam, we are committed to leading innovation in the AATD community, with a goal of transforming disease outcomes for all patients suffering from this disease,” said Dr. Simon. “For BEAM-302, the data shared today build on the growing body of clinical evidence that supports the profound impact of treating AATD at the root cause of disease, the DNA mutation, with this one-time investigational therapy. We are rapidly executing toward pivotal development to deliver BEAM-302 to patients with AATD as safely and expeditiously as possible. Our long-term goal is to combine our growing understanding of AATD biology and our leading gene editing capabilities to maximize patient benefit across the entire spectrum of disease manifestations. We are also continuing to expand our cross-sector collaborations with leading AATD advocacy organizations to advance disease awareness and increase diagnosis, support the evolution of research approaches and incorporate patient perspectives across the broader scientific and care community.”

“The ongoing results from the BEAM-302 trial are truly remarkable, suggesting a single treatment dose can correct AATD at its root cause and durably restore normal AAT function, addressing both lung and liver manifestations of disease over a patient's entire lifetime,” said John Hurst, M.D., Ph.D., professor at the University College London and an investigator in the BEAM-302 trial. “This is not only a paradigm shift for the treatment of AATD, but also for medicine more widely as we enter the era of gene correction as a tool for clinicians.”

BEAM-302 is being evaluated in a Phase 1/2, open-label, dose exploration and dose expansion clinical trial to investigate its safety, tolerability, pharmacodynamics, pharmacokinetics and efficacy. Topline data from 29 patients treated with BEAM-302 as of a February 10, 2026 data cutoff date were reported in March 2026. Dr. Simon's presentation at ATS features additional data for the single-dose cohorts from the same data cutoff, including detailed safety results, efficacy durability and reduction in human neutrophil elastase activity (a direct measure of AAT function) post-BEAM-302 treatment. Dr. Simon’s presentation is available on the “Presentations and Publications” section of Beam’s website at beamtx.com.

Based on feedback from the U.S. Food and Drug Administration (FDA), Beam intends to pursue an accelerated approval pathway for BEAM-302. To support a future biologics licensing application (BLA) submission, the company anticipates enrolling approximately 50 additional patients with AATD-associated lung disease, with or without liver disease, in an expansion of the ongoing open-label Phase 1/2 trial. Beam expects to initiate this pivotal cohort in the second half of 2026. In addition, Beam expects to present detailed and updated BEAM-302 data at a medical congress in 2026.

About BEAM-302
BEAM-302 is a liver-targeting lipid-nanoparticle (LNP) formulation of base editing reagents designed to correct the PiZ mutation. Patients homozygous for this mutation (PiZZ) represent the majority of patients living with severe AATD disease. A one-time A-to-G correction of the PiZ mutation with Beam’s adenine base editor has the potential to simultaneously reduce the aggregation of mutant, misfolded AAT protein that causes toxicity to the liver (Z-AAT), generate therapeutic levels of corrected protein (M-AAT), and increase total and functional AAT in circulation, thereby addressing the underlying pathophysiology of both the liver and lung disease. In addition, the reduction in circulating PiZ has the potential to further minimize lung inflammation and dysfunction. Importantly, because BEAM-302 corrects the native AAT gene in its normal genetic location, AAT levels have been observed to increase physiologically in response to infection and inflammation in treated patients. This is a critical aspect of AAT’s normal function to regulate the body’s inflammatory response, which does not occur with currently approved protein replacement therapies. Correction of the PiZ mutation has been durable in patients treated in Beam's clinical trial.

About Alpha-1 Antitrypsin Deficiency (AATD)
AATD is an inherited genetic disorder that can cause early onset emphysema and liver disease. The most severe and common form of AATD arises when a patient has a point mutation in both copies of the SERPINA1 gene at amino acid 342 position (E342K, also known as the PiZ mutation or the “Z” allele). This point mutation causes alpha-1 antitrypsin, or AAT, to misfold, accumulating inside liver cells rather than being secreted, resulting in very low levels (10%-15%) of circulating AAT. In addition to resulting in lower levels, the PiZ AAT protein variant is also less enzymatically effective compared to wildtype AAT protein (also known as the “M” allele). As a consequence, the lung is left unprotected from neutrophil elastase, resulting in progressive, destructive changes in the lung, such as emphysema, which can result in the need for lung transplant. The mutant AAT protein also accumulates in the liver, causing liver inflammation and cirrhosis, which can ultimately cause liver failure or cancer requiring patients to undergo a liver transplant. It is estimated that more than 100,000 individuals in the U.S. have two copies of the Z allele, known as the PiZZ genotype, although only about 10% of all patients are thought to have been diagnosed. Although augmentation therapy has been approved in the U.S. for the treatment of AATD-associated lung disease, there are currently no curative treatments and significant unmet need exists for patients with AATD.

About Beam Therapeutics
Beam Therapeutics (Nasdaq: BEAM) is a biotechnology company committed to establishing the leading, fully integrated platform for precision genetic medicines. To achieve this vision, Beam has assembled a platform with integrated gene editing, delivery and internal manufacturing capabilities. Beam’s suite of gene editing technologies is anchored by base editing, a proprietary technology that is designed to enable precise, predictable and efficient single base changes, at targeted genomic sequences, without making double-stranded breaks in the DNA. This has the potential to enable a wide range of potential therapeutic editing strategies that Beam is using to advance a diversified portfolio of base editing programs. Beam is a values-driven organization committed to its people, cutting-edge science, and a vision of providing lifelong cures to patients suffering from serious diseases.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned not to place undue reliance on these forward-looking statements, including, but not limited to, statements related to: the therapeutic applications and potential of our technology, including with respect to AATD; our plans, and anticipated timing, to advance our AATD program; the clinical trial designs and expectations for BEAM-302; our anticipated regulatory interactions and filings; and our ability to develop lifelong, curative, precision genetic medicines for patients through base editing. Each forward-looking statement is subject to important risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statement, including, without limitation, risks and uncertainties related to: our ability to develop, obtain regulatory approval for, and commercialize our product candidates, which may take longer or cost more than planned; our ability to raise additional funding, which may not be available; our ability to obtain, maintain and enforce patent and other intellectual property protection for our product candidates; the uncertainty that our product candidates will receive regulatory approval necessary to initiate or continue human clinical trials; that preclinical testing of our product candidates and preliminary or interim data from preclinical studies and clinical trials may not be predictive of the results or success of ongoing or later clinical trials; that initiation and enrollment of, and anticipated timing to advance, our clinical trials may take longer than expected; that our product candidates, including the delivery modalities we rely on to administer them, may cause serious adverse events; that our product candidates may experience manufacturing or supply interruptions or failures; risks related to competitive products; and the other risks and uncertainties identified under the headings “Risk Factors Summary” and “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and in any subsequent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law.

Contacts:

Investors:
Holly Manning
Beam Therapeutics
hmanning@beamtx.com

Media:
Josie Butler
1AB
josie@1abmedia.com


FAQ

What BEAM-302 clinical data did Beam Therapeutics (NASDAQ: BEAM) present at ATS 2026?

Beam Therapeutics presented updated Phase 1/2 BEAM-302 data in AATD, including single-dose cohort safety, efficacy durability, and reduced human neutrophil elastase activity. According to Beam, these data come from 29 treated patients as of the February 10, 2026 cutoff.

How many patients have been treated with BEAM-302 in Beam Therapeutics' Phase 1/2 AATD trial (BEAM)?

According to Beam, topline Phase 1/2 data reflect 29 AATD patients treated with BEAM-302 as of February 10, 2026. The company plans to enroll about 50 additional patients in a pivotal expansion cohort to support a future biologics license application.

What is the planned FDA accelerated approval pathway for BEAM-302 from Beam Therapeutics (BEAM)?

Beam intends to pursue an FDA accelerated approval pathway for BEAM-302 in AATD. According to Beam, a pivotal expansion of the ongoing Phase 1/2 trial, enrolling about 50 additional patients, is expected to initiate in the second half of 2026.

When will Beam Therapeutics start the pivotal BEAM-302 cohort for AATD (ticker: BEAM)?

Beam expects to initiate the pivotal BEAM-302 cohort in the second half of 2026. According to Beam, this expansion of the current Phase 1/2 trial will enroll approximately 50 additional patients with AATD-associated lung disease, with or without liver disease.

Where can investors access the BEAM-302 ATS 2026 presentation from Beam Therapeutics (BEAM)?

The BEAM-302 ATS 2026 presentation is available on Beam’s website. According to Beam, it can be found in the “Presentations and Publications” section at beamtx.com, providing detailed safety, durability and human neutrophil elastase activity data from single-dose cohorts.

What does reduced human neutrophil elastase activity indicate in Beam Therapeutics' BEAM-302 AATD trial (BEAM)?

Reduced human neutrophil elastase activity is described as a direct measure of AAT function after BEAM-302 treatment. According to Beam, updated single-dose cohort data at ATS 2026 included this reduction alongside detailed safety and durability of efficacy information.