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BioAge Labs Announces First Participant Dosed in QUELL-DME, a Phase 2 Trial of BGE-102, a Novel Oral NLRP3 Inhibitor, in Diabetic Macular Edema

Phase 2 QUELL-DME starts enrollment to evaluate oral NLRP3 inhibitor BGE-102 as both monotherapy and add-on to anti-VEGF therapy in DME.

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BioAge Labs (BIOA) has dosed the first participant in QUELL-DME, a randomized, controlled Phase 2 trial of once-daily oral NLRP3 inhibitor BGE-102 in adults with diabetic macular edema (DME).

The approximately 180-participant study will test BGE-102 both as monotherapy and in combination with standard-of-care intravitreal anti-VEGF therapy. Participants are randomized 1:1:1 to three arms: anti-VEGF plus oral placebo, anti-VEGF plus BGE-102 90 mg once daily, or sham intravitreal injection plus BGE-102 90 mg once daily. Treatment lasts 12 weeks with a 4‑week follow-up. The primary endpoint is change from baseline in best-corrected visual acuity at week 12, with exploratory endpoints including retinal measures and intraocular and plasma biomarkers. Topline results are anticipated in the second half of 2027.

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Market Context

A June 30, 2026 filing reported $381.3 million in cash, cash equivalents and marketable securities; ...
Analysis

A June 30, 2026 filing reported $381.3 million in cash, cash equivalents and marketable securities; the filing stated this capital was expected to fund operations and capital expenditures through 2029 as BGE-102 advanced.

Key Figures

Trial population: Approximately 180 participants Randomization: 1:1:1 BGE-102 dose: 90 mg QD +4 more
Trial population
Approximately 180 participants
Phase 2 QUELL-DME trial
Randomization
1:1:1
Three-arm QUELL-DME design
BGE-102 dose
90 mg QD
Two BGE-102 treatment arms
Primary endpoint timing
Week 12
Change in best-corrected visual acuity
Oral dosing duration
12 weeks
Once-daily dosing period
Follow-up
4 weeks
After once-daily dosing
Topline results
Second half of 2027
Expected QUELL-DME readout

Previous Clinical trial Reports

3 past events · Latest: Jun 16
Same Type 3 events
  1. Jun 16

    QUELL-CV first dosing

    24h Move
    +3.3%

    First participant dosed in a Phase 2 BGE-102 cardiovascular risk trial

  2. Apr 21

    BGE-102 Phase 1 data

    24h Move
    +4.3%

    Phase 1 data showed substantial reductions in inflammatory biomarkers

  3. Jan 20

    DME indication expansion

    24h Move
    +5.8%

    BioAge planned a BGE-102 DME proof-of-concept trial

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

Key Terms

nlrp3 inhibitor, anti-vegf therapy, best-corrected visual acuity, intravitreal, +1 more
5 terms
nlrp3 inhibitor medical
"BGE-102 is a structurally novel, once-daily oral NLRP3 inhibitor."
An NLRP3 inhibitor is a substance that blocks a specific part of the body’s immune system responsible for inflammation. By preventing excessive inflammation, it has potential uses in treating certain diseases, which may affect the value of related biotech or pharmaceutical companies. For investors, understanding NLRP3 inhibitors can offer insights into emerging medical therapies and future market opportunities.
anti-vegf therapy medical
"in combination with standard-of-care anti-VEGF therapy"
Anti-VEGF therapy is a type of medical treatment that blocks a protein called vascular endothelial growth factor (VEGF) to prevent the growth of new blood vessels that feed tumors or cause vision loss. Investors care because these therapies can determine the success of drug pipelines, affect sales and pricing in oncology and ophthalmology markets, and influence regulatory decisions and competitive dynamics—like cutting off the fuel line to slow a spreading problem.
best-corrected visual acuity medical
"change in best-corrected visual acuity at week 12"
The sharpest level of sight a person can reach when using the best possible glasses or contact lenses; think of it as how well a camera can resolve detail once its lens is perfectly focused. It matters to investors because it is a common clinical measure and regulatory endpoint for eye drugs, procedures and devices, so changes in best-corrected visual acuity indicate whether a treatment works and can drive approval, market size and sales potential.
intravitreal medical
"standard-of-care anti-VEGF intravitreal therapy"
An intravitreal treatment is one given by injecting medicine directly into the gel-like center of the eye, delivering drugs straight to the site of retinal disease rather than through pills or eye drops. Investors care because this delivery method affects development costs, regulatory review, clinical risk, manufacturing and distribution complexity, and reimbursement — all factors that influence a therapy’s commercial potential.
qd medical
"BGE-102 90 mg QD"
qd is a medical shorthand (from the Latin quaque die) meaning a drug or treatment is taken once each day. For investors, dosing frequency matters because once‑daily regimens can improve patient adherence, influence safety and efficacy outcomes in clinical trials, and affect a product’s commercial attractiveness and manufacturing planning—like a device that needs daily charging being easier or harder for users to adopt.

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Randomized, controlled, approximately 180-participant trial evaluates oral BGE-102 as monotherapy and in combination with anti-VEGF therapy

Primary endpoint is change in best-corrected visual acuity at week 12

Topline results expected in the second half of 2027

Beyond DME, results will inform development strategy in other NLRP3-driven retinal diseases, including geographic atrophy

EMERYVILLE, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- BioAge Labs, Inc. (Nasdaq: BIOA) (“BioAge” or the “Company”), a clinical-stage biopharmaceutical company developing therapeutic product candidates for cardiometabolic diseases by targeting the biology of human aging, today announced that the first participant has been dosed in QUELL-DME, a randomized, controlled Phase 2 trial evaluating once-daily oral BGE-102 in adults with diabetic macular edema (DME). The approximately 180-participant study will evaluate BGE-102 both as monotherapy and in combination with standard-of-care anti-VEGF therapy, with change in best-corrected visual acuity at week 12 as the primary endpoint. BGE-102 is a structurally novel, once-daily oral NLRP3 inhibitor.

“NLRP3 is a compelling target in DME because it sits upstream of the inflammation that drives vascular leakage and vision loss. The disease affects about one million people in the United States and is a leading cause of vision loss in working-age adults. Standard care still requires repeated injections into the eye; many patients delay starting treatment, miss doses, or never achieve adequate disease control,” said Kristen Fortney, Ph.D., CEO and co-founder of BioAge. “QUELL-DME asks a straightforward question: can once-daily oral BGE-102 improve vision? Dosing the first participant marks an important milestone for the program. The trial’s results will also guide development in other NLRP3-driven retinal diseases, including geographic atrophy.”

“NLRP3 sits upstream of key disease processes implicated in DME, including IL-1β and IL-18 release, pyroptosis, VEGF production, and disruption of the blood-retinal barrier,” said Paul Rubin, M.D., Chief Medical Officer of BioAge. “Prior interventional studies of intravitreal IL-6 inhibition provide clinical support for inflammation as a therapeutic target in macular edema. QUELL-DME’s three-arm design lets us evaluate the two potential roles for oral BGE-102 in DME: as monotherapy and as an add-on to anti-VEGF treatment. Because DME develops in the setting of diabetes, systemic NLRP3 inhibition may benefit the eye by acting on both local retinal inflammation and the broader inflammatory state that contributes to the disease.”

QUELL-DME Trial Design

QUELL-DME is a randomized, controlled, three-arm Phase 2 trial evaluating oral BGE-102 in patients with diabetic macular edema, both as monotherapy and as an add-on to standard-of-care anti-VEGF intravitreal therapy.

  • Population: Approximately 180 adults with diabetic macular edema, randomized 1:1:1
  • Arms: Intravitreal anti-VEGF + oral placebo, intravitreal anti-VEGF + BGE-102 90 mg QD, sham (simulated) intravitreal injection + BGE-102 90 mg QD
  • Duration: 12 weeks of once-daily oral dosing, with 4-week follow-up
  • Primary endpoint: Change from baseline in best-corrected visual acuity (BCVA) at week 12
  • Exploratory endpoints: Measures of retinal parameters and intraocular and plasma biomarkers

Topline results are anticipated in the second half of 2027.

About BGE-102 and NLRP3

BGE-102 is a structurally novel, potent, orally available, brain-penetrant small molecule NLRP3 inhibitor discovered by BioAge. NLRP3 is a central driver of age-related chronic inflammation that has been implicated in cardiovascular disease, metabolic disorders including obesity, and neurodegenerative conditions. NLRP3 activation has also been identified as a central feature of multiple inflammation-driven retinal diseases, including diabetic macular edema and geographic atrophy. BioAge's discovery platform identified NLRP3 as a therapeutic target based on analysis of human aging cohorts, which revealed that reduced NLRP3 activity is associated with greater longevity.

BioAge is also conducting QUELL-CV, a Phase 2 dose-ranging trial evaluating BGE-102 in patients with obesity and elevated baseline inflammation; QUELL-CV has completed enrollment, and topline data are anticipated in the second half of 2026. In a Phase 1 SAD/MAD trial in healthy volunteers and participants with obesity and elevated systemic inflammation, BGE-102 demonstrated potential best-in-class reductions in hsCRP and other inflammatory biomarkers.

About BioAge Labs, Inc.

BioAge is a clinical-stage biopharmaceutical company developing therapeutic product candidates for cardiometabolic diseases by targeting the biology of human aging. The Company's lead product candidate, BGE-102, is a potent, orally bioavailable, brain-penetrant small-molecule NLRP3 inhibitor being developed for diseases driven by inflammation, including diabetic macular edema and cardiovascular risk. BGE-102 has completed a Phase 1 SAD/MAD trial demonstrating a well-tolerated profile and potential best-in-class reductions in hsCRP and other inflammatory biomarkers. Phase 2 cardiovascular proof-of-concept data from QUELL-CV are anticipated in the second half of 2026, and Phase 2 diabetic macular edema data from QUELL-DME are anticipated in the second half of 2027. The Company is also developing long-acting injectable and oral small molecule APJ agonists for obesity. BioAgeʼs additional preclinical programs, which leverage insights from the Companyʼs proprietary discovery platform built on human longevity data, address key pathways involved in metabolic aging.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of, and made pursuant to the safe harbor provisions of, the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as “aim,” “may,” “will,” “should,” “expect,” “forecast,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. All statements other than statements of historical fact contained in this press release, including without limitation statements regarding our plans to develop and commercialize our product candidates, including BGE-102 and our APJ programs, the potential for BGE-102 as a treatment for diabetic macular edema, the expected timeline for data readouts from our ongoing Phase 2 clinical trials, the expected timing and results of our ongoing or planned preclinical studies and clinical trials, risks associated with clinical trials, including our ability to adequately manage clinical activities for BGE-102 and our APJ programs, unexpected concerns that may arise from additional data or analysis obtained during clinical trials, the timing of and our ability to obtain and maintain regulatory approvals, the clinical utility of our future product candidates, our commercialization, marketing and manufacturing capabilities and strategy, our expectations about the willingness of healthcare professionals to use our product candidates, the sufficiency of our cash, cash equivalents and marketable securities, general economic conditions, the impact of industry and market conditions on our operations, including fluctuating interest rates and inflation, increased volatility in the debt and equity markets, legislative or regulatory healthcare reforms in the United States, significant political, trade or regulatory developments, including tariffs, federal government shutdowns, or shifting priorities within the U.S. Food and Drug Administration, cybersecurity incidents, and global regional conflicts, and the plans and objectives of management for future operations and capital expenditures are forward-looking statements.

The forward-looking statements in this press release are only predictions and are based largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of known and unknown risks, uncertainties and assumptions, including those described under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in BioAge’s Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (SEC) on August 5, 2026, and BioAge’s other filings with the SEC filed from time to time.

Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond our control, you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Moreover, we operate in an evolving environment. New risk factors and uncertainties may emerge from time to time, and it is not possible for management to predict all risk factors and uncertainties. BioAge undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contacts
PR: Chris Patil, media@bioagelabs.com
IR: Dov Goldstein, ir@bioagelabs.com
Partnering: partnering@bioagelabs.com
Website: https://bioagelabs.com


FAQ

What is BGE-102 and how is it administered in QUELL-DME?

BGE-102 is described as a structurally novel, once-daily oral inhibitor of NLRP3, a protein linked to inflammatory pathways in diabetic macular edema. In QUELL-DME, participants receive BGE-102 at a dose of 90 mg once daily for 12 weeks in either combination with intravitreal anti-VEGF therapy or as monotherapy alongside a sham intravitreal injection.

How is the QUELL-DME Phase 2 trial designed and what are the treatment arms?

QUELL-DME is a randomized, controlled, three-arm Phase 2 trial in approximately 180 adults with diabetic macular edema, randomized 1:1:1. The arms are: (1) intravitreal anti-VEGF plus oral placebo, (2) intravitreal anti-VEGF plus BGE-102 90 mg once daily, and (3) sham (simulated) intravitreal injection plus BGE-102 90 mg once daily. Oral treatment is given for 12 weeks followed by a 4‑week follow-up period.

What are the primary and exploratory endpoints in QUELL-DME?

The primary endpoint of QUELL-DME is change from baseline in best-corrected visual acuity (BCVA) at week 12. Exploratory endpoints include measures of retinal parameters and evaluation of intraocular and plasma biomarkers to further characterize the effects of BGE-102 in diabetic macular edema.

When are topline results from the QUELL-DME trial expected?

Topline results from the QUELL-DME Phase 2 trial of BGE-102 in diabetic macular edema are anticipated in the second half of 2027.

How might QUELL-DME results inform development in other retinal diseases?

The company expects that QUELL-DME results will inform the development strategy for BGE-102 in other NLRP3-driven retinal diseases, including geographic atrophy, by providing clinical data on oral NLRP3 inhibition in an inflammatory retinal condition.

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