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Celldex Reports Results from Phase 2 Study of Barzolvolimab in Prurigo Nodularis

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Celldex (NASDAQ:CLDX) reported topline Phase 2 results for subcutaneous barzolvolimab in prurigo nodularis (PN). The 140‑patient, randomized, placebo‑controlled study did not meet its primary endpoint of ≥4‑point WI‑NRS itch reduction at Week 12 or key secondary endpoints, at either 150mg or 300mg Q4W after a 450mg loading dose.

According to Celldex, barzolvolimab produced rapid, profound and sustained systemic mast cell depletion, shown by significant serum tryptase reductions, but this did not improve itch or skin lesions versus placebo, suggesting mast cells may not be a key PN driver. Based on these data, the company is discontinuing the PN Phase 2 study. Safety and tolerability were favorable and consistent with prior trials, including with the new 450mg loading regimen. Barzolvolimab continues in Phase 3 studies for chronic spontaneous urticaria, symptomatic dermographism and cold urticaria, and in a Phase 2 study in atopic dermatitis, with CSU Phase 3 topline data expected in September/October 2026.

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Positive

  • Favorable safety profile across 450mg loading and up to 300mg Q4W
  • Rapid, profound and sustained mast cell depletion confirmed by serum tryptase
  • Ongoing Phase 3 programs in CSU, SD and ColdU
  • Phase 3 CSU topline data expected Sept/Oct 2026
  • Phase 2 atopic dermatitis topline data expected late 2026

Negative

  • Phase 2 PN study failed to meet primary itch endpoint at Week 12
  • Key secondary PN endpoints, including IGA-CPNG-S 0/1, not different from placebo
  • No PN improvement observed through extended treatment to Week 24
  • Company discontinuing barzolvolimab development in prurigo nodularis

Market Context

Among prior clinical-trial events, news_id 1032601 recorded a -4.57% 24-hour reaction. That record s...
Analysis

Among prior clinical-trial events, news_id 1032601 recorded a -4.57% 24-hour reaction. That record shows earlier positive data sometimes diverged from price response; this release documented failed PN endpoints, with low short positioning and no recent insider activity as additional context.

Key Figures

Study population: 140 patients Loading dose: 450mg Q4W dose: 300mg Q4W +5 more
8 metrics
Study population 140 patients Phase 2 prurigo nodularis study
Loading dose 450mg Initial barzolvolimab loading dose
Q4W dose 300mg Q4W One evaluated barzolvolimab regimen
Primary endpoint threshold ≥4-point improvement WI-NRS at Week 12; endpoint not met
Treatment phase 24 weeks Randomized treatment phase
Follow-up period 16 weeks Follow-up without study treatment
Study footprint 48 centers across 6 countries Phase 2 prurigo nodularis study
CSU data timing Sept/Oct 2026 Expected Phase 3 CSU topline data

Previous Clinical trial Reports

5 past events · Latest: Mar 27 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 27 Phase 2 clinical data Positive -4.6% Positive urticaria data were followed by a -4.57% 24-hour price reaction.
Feb 27 Phase 2 clinical data Positive -1.8% Additional positive urticaria data were followed by a -1.8% 24-hour price reaction.
Feb 25 Phase 3 enrollment Positive +24.1% Phase 3 enrollment completion was followed by a 24.07% 24-hour price reaction.
Dec 09 Phase 3 program initiation Positive -5.7% ColdU and SD Phase 3 initiation was followed by a -5.74% 24-hour price reaction.
Nov 06 Phase 2 clinical data Positive -2.0% Positive CSU data were followed by a -1.98% 24-hour price reaction.

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

Pattern Detected

Positive clinical-trial announcements frequently diverged from price response, with four of five tag-matched events showing negative 24-hour reactions.

Key Terms

q4w, mast cell depletion
2 terms
q4w medical
"new 450mg loading dose and up to 300mgQ4W regimen"
q4w is a medical shorthand meaning “every four weeks,” used to describe how often a treatment or medical procedure is given. For investors, q4w tells you the timing of doses or service deliveries—similar to a monthly subscription schedule—which can affect how often revenue, patient visits, or follow-up costs occur and how products are supplied and used over time.
mast cell depletion medical
"Profound systemic mast cell depletion, as evidenced by significant reduction"
A reduction in the number or activity of mast cells, which are immune cells that store and release histamine and other inflammatory mediators. Think of mast cells as tiny fire alarms for the body; depleting them lowers the chance of allergic or inflammatory “alarms” but also changes how tissues respond to injury or infection. Investors follow mast cell depletion because it is a target or side effect of drugs and can affect clinical trial results, safety profiles, regulatory reviews, and market potential for therapies.

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  • Study did not meet key efficacy objectives
  • Favorable safety profile consistent with prior studies, including with new 450mg loading dose and up to 300mgQ4W regimen
  • Profound systemic mast cell depletion, as evidenced by significant reduction in serum tryptase, observed
  • Phase 3 CSU topline data expected in Sept/Oct 2026; Phase 3 SD and ColdU Enrollment On Track; Phase 2 topline data in AD in late 2026
  • Company to host webcast today at 4:30 pm ET

HAMPTON, N.J., July 21, 2026 (GLOBE NEWSWIRE) -- Celldex (NASDAQ:CLDX) today reported topline results from the Company’s Phase 2 study of barzolvolimab delivered subcutaneously in prurigo nodularis (PN), a chronic skin disease that causes hard, intensely itchy lumps/nodules to form on the skin. The primary endpoint of the study, the proportion of patients who achieve a four point or greater improvement in WI-NRS (Worst Itch Numeric Rating Scale) from baseline to Week 12, and key secondary endpoints were not met.

Barzolvolimab, a humanized monoclonal antibody with a completely novel mechanism of action that uniquely targets the mast cell, is being studied across multiple indications. Profound mast cell depletion as evidenced by significant reduction in serum tryptase was observed and did not result in improvement in itch or skin lesions in patients with PN compared to placebo, indicating mast cells may not be a key pathogenic driver of symptoms in PN. Based on these results, Celldex is discontinuing the Phase 2 study in PN. Consistent with previously reported studies, barzolvolimab demonstrated a favorable safety and tolerability profile.

“At Celldex, we are leading important science in the exploration of mast cell biology, with the goal of ultimately delivering life-changing therapies for patients,” said Anthony Marucci, Co-founder, President and Chief Executive Officer of Celldex. “Barzolvolimab profoundly depletes mast cells with best-in-disease data observed in three indications to date; chronic spontaneous urticaria, symptomatic dermographism, and cold urticaria, all of which demonstrated unequivocal Phase 2 proof-of-concept data and progressed quickly to Phase 3. It is disappointing that this study did not confirm the promising signal we observed in the intravenous Phase 1b trial, and that the robust tryptase reductions seen in this study did not result in improvement of PN symptoms for patients who greatly need effective treatments. We remain focused on driving mast cell category creation and delivering on barzolvolimab’s promise for patients with allergic, inflammatory, and autoimmune diseases, and look forward to sharing topline data from our Phase 3 CSU trials early this fall.”

Summary of Key Findings

  • The study did not meet primary or key secondary endpoints at Week 12 at either dose level evaluated.
    • Percentage of patients with at least 4 point improvement in WI-NRS did not differentiate from placebo.
    • Percentage of patients with IGA-CPNG-S 0/1 (Investigator's Global Assessment for Chronic Nodular Prurigo - Stage) did not differentiate from placebo.
    • No improvement observed with longer treatment (Week 24).
  • Barzolvolimab was well tolerated. Loading dose (450mg) followed by Q4W dosing (150 or 300mg) demonstrated favorable safety profile consistent with prior studies.

  • Rapid and profound suppression of circulating tryptase, indicative of systemic mast cell depletion, was observed. The addition of the 450mg loading dose led to early, profound tryptase reduction that was sustained over the duration of the treatment period.

This Phase 2 randomized, double-blind, placebo-controlled, parallel group study evaluated barzolvolimab compared to placebo in patients with moderate to severe PN who had inadequate response to prescription topical medications, or for whom topical medications were medically inadvisable. 140 patients were randomly assigned to receive barzolvolimab 150mgQ4W after an initial loading dose of 450mg, 300mgQ4W after an initial loading dose of 450mg, or placebo during a 24-week Treatment Phase. Patients were then followed for an additional 16 weeks with no study treatment. The primary endpoint was to evaluate the clinical effect of barzolvolimab compared to placebo on itch response as measured by the proportion of patients with ≥ 4-point improvement in the worst intensity itch per a numeric rating scale (WI-NRS) at Week 12. Key secondary objectives included itch response at different timepoints, the assessment of skin lesions as measured by the Investigator Global Assessment (IGA) and safety. In addition, the study included the option for patients who had symptoms following the treatment phase, including patients who were on placebo, to enroll in an open label extension. The study enrolled patients at 48 centers across six countries, including the United States. For additional information on this trial (NCT06366750), please visit www.clinicaltrials.gov.

Webcast and Conference Call  
The Company will host a conference call/webcast today to discuss the results at 4:30 p.m. ET. To access the live and archived webcast, please visit the Events section on the Investor Relations page of Celldex’s website. Parties interested in participating via telephone may register here to receive the dial-in numbers and unique PIN to seamlessly access the call. Otherwise, please access the listen-only webcast link. The archived webcast will be available for a limited time on the Company’s website.

About Barzolvolimab
Barzolvolimab is a humanized monoclonal antibody with a novel mechanism of action that targets mast cells by binding with high specificity to a unique part of the KIT receptor and potently inhibiting its activity. The KIT receptor is abundantly expressed by mast cells and critical for their function and survival. Mast cells are drivers of inflammatory responses such as hypersensitivity and allergic reactions and, in certain inflammatory diseases, such as chronic urticarias, mast cell activation plays a central role in the onset and progression of the disease. Based on data from robust, randomized, placebo controlled Phase 2 studies, barzolvolimab has significant potential as a first-in-class and best-in-disease treatment option for patients with chronic spontaneous urticaria (CSU), cold urticaria (ColdU) and symptomatic dermographism (SD). Barzolvolimab is currently being studied in Phase 3 studies in CSU and ColdU/SD and a Phase 2 study in atopic dermatitis (AD), with additional indications planned for the future.

About Celldex
Celldex is pioneering new horizons in immunology to deliver life-changing therapies. We are relentless in our pursuit of novel antibody-based treatments that engage the human immune system and directly affect critical pathways to improve the lives of patients with allergic, inflammatory and autoimmune disorders. Visit www.celldex.com.

Forward Looking Statement
This release contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are typically preceded by words such as “believes,” “expects,” “anticipates,” “intends,” “will,” “may,” “should,” or similar expressions. These forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct or that those goals will be achieved, and you should be aware that actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, our ability to successfully complete research and further development and commercialization of Company drug candidates, including barzolvolimab (also referred to as CDX-0159) and CDX-622, in current or future indications; the uncertainties inherent in clinical testing and accruing patients for clinical trials; our limited experience in bringing programs through Phase 3 clinical trials; our ability to manage and successfully complete multiple clinical trials and the research and development efforts for our multiple products at varying stages of development; the availability, cost, delivery and quality of clinical materials produced by our own manufacturing facility or supplied by contract manufacturers, who may be our sole source of supply; the timing, cost and uncertainty of obtaining regulatory approvals; the failure of the market for the Company's programs to continue to develop; our ability to protect the Company's intellectual property; the loss of any executive officers or key personnel or consultants; competition; changes in the regulatory landscape or the imposition of regulations that affect the Company's products; our ability to continue to obtain capital to meet our long-term liquidity needs on acceptable terms, or at all, including the additional capital which will be necessary to complete the clinical trials that we have initiated or plan to initiate; and other factors listed under “Risk Factors“ in our annual report on Form 10-K and quarterly reports on Form 10-Q.

All forward-looking statements are expressly qualified in their entirety by this cautionary notice. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this release. We have no obligation, and expressly disclaim any obligation, to update, revise or correct any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Company Contacts
Sarah Cavanaugh
Senior Vice President, Corporate Affairs & Administration
(508) 864-8337
scavanaugh@celldex.com

Elizabeth Higgins
Executive Director, Investor Relations & Corporate Communications
(857) 404-2088
ehiggins@celldex.com


FAQ

What did Celldex (NASDAQ:CLDX) report from the Phase 2 barzolvolimab trial in prurigo nodularis on July 21, 2026?

Celldex reported that the Phase 2 barzolvolimab trial in prurigo nodularis did not meet its primary or key secondary endpoints. According to Celldex, itch reduction and skin lesion outcomes did not differentiate from placebo, despite marked mast cell depletion, leading to discontinuation of this PN study.

Why did barzolvolimab fail to improve prurigo nodularis symptoms in the Celldex (CLDX) Phase 2 study?

Barzolvolimab failed to improve prurigo nodularis symptoms because clinical outcomes did not differ from placebo despite profound mast cell depletion. According to Celldex, significant serum tryptase reductions did not translate into itch or lesion improvement, suggesting mast cells may not be a key pathogenic driver in PN.

Is Celldex discontinuing barzolvolimab development in prurigo nodularis after the Phase 2 results?

Yes, Celldex is discontinuing the Phase 2 study of barzolvolimab in prurigo nodularis following failure to meet efficacy objectives. According to Celldex, the lack of itch and lesion benefit versus placebo, despite robust mast cell depletion, supports stopping further PN development for this program.

How was the Celldex barzolvolimab Phase 2 prurigo nodularis trial designed and how many patients were enrolled?

The Phase 2 prurigo nodularis trial was randomized, double-blind, placebo-controlled and parallel-group, enrolling 140 patients. According to Celldex, patients received 150mg or 300mg barzolvolimab every four weeks after a 450mg loading dose, or placebo, over a 24‑week treatment period plus 16‑week follow-up.

What did the Celldex (CLDX) Phase 2 data show about barzolvolimab safety and mast cell depletion in prurigo nodularis?

The Phase 2 data showed barzolvolimab was well tolerated with a safety profile consistent with prior studies. According to Celldex, the 450mg loading dose followed by Q4W dosing produced rapid, profound and sustained serum tryptase suppression, indicating systemic mast cell depletion throughout the treatment period.

What are the next clinical milestones for barzolvolimab after the prurigo nodularis Phase 2 outcome at Celldex (NASDAQ:CLDX)?

Next milestones include Phase 3 topline data in chronic spontaneous urticaria expected in September/October 2026. According to Celldex, Phase 3 enrollment in symptomatic dermographism and cold urticaria is on track, and Phase 2 topline data in atopic dermatitis are anticipated in late 2026.

How might the failed prurigo nodularis trial affect Celldex’s broader barzolvolimab program in CSU, SD and ColdU?

The failed prurigo nodularis trial leads specifically to discontinuation in that indication, while other programs continue. According to Celldex, barzolvolimab previously showed randomized, placebo-controlled Phase 2 proof-of-concept in chronic spontaneous urticaria, symptomatic dermographism and cold urticaria, which are now in Phase 3.