STOCK TITAN

Climb Bio reported a $59.9M net loss for fiscal 2025. See the full CLYM financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Climb Bio Announces CLYM116 Phase 1 Data Demonstrating Prolonged Half-Life and Best-In-Class APRIL Suppression Supporting Every-12-Week Dosing in IgA Nephropathy

Climb Bio (CLYM) reported initial Phase 1 data for CLYM116, an anti-APRIL monoclonal antibody, supporting every-12-week dosing for IgA nephropathy.

(Very Positive)

Climb Bio (CLYM) reported initial Phase 1 data for CLYM116, an anti-APRIL monoclonal antibody, supporting every-12-week dosing for IgA nephropathy. The randomized, double-blind, placebo-controlled SAD/MAD study in 46 healthy volunteers evaluated subcutaneous CLYM116 safety, pharmacokinetics, and pharmacodynamics.

A projected ~29-day half-life was observed at the 320 mg multiple-ascending-dose level, described as threefold longer than sibeprenlimab. A single 320 mg dose drove >90% free APRIL suppression and approximately 60–75% suppression of IgA, Gd-IgA1, and IgM, maintained through 12 weeks. CLYM116 was generally well tolerated, with no serious adverse events, dose-limiting toxicities, or hypogammaglobulinemia reported.

The ongoing Phase 2 NAVIGATE-2 IgA nephropathy trial uses an 800 mg loading dose followed by 400 mg every 8 or 12 weeks, aiming to select a single regimen for a planned 2027 Phase 3 registrational study. A high-concentration 200 mg/mL formulation and pre-filled syringe are ready for registrational use, with an autoinjector in development.

Loading...
Loading translation...

Positive

  • ~29-day half-life at 320 mg MAD, described as threefold longer than sibeprenlimab
  • >90% free APRIL suppression after a single 320 mg dose, maintained through 12 weeks
  • ~60–75% IgA, Gd-IgA1, and IgM suppression maintained through 12 weeks after a single 320 mg dose
  • No serious adverse events or dose-limiting toxicities and no hypogammaglobulinemia reported in Phase 1
  • Phase 2 NAVIGATE-2 trial ongoing with initial data expected in H1 2027 and Phase 3 initiation anticipated in 2027
  • High-concentration 200 mg/mL formulation and pre-filled syringe completed for registrational study use

Negative

  • None.

News Explained

Additional Phase 1 and Mabworks healthy-volunteer data are planned for presentation in Q4 2026, while initial NAVIGATE-2 data are anticipated in H1 2027.

Market reaction after Phase 1 clinical data: CLYM -4.19%

-4.19% $14.42 8.1x vol
15m delay
-4.19% Vs previous close
-1.7% Trough in 0 min
$14.42 Last Price
$13.60 $17.93 Day Range
$828.23M Market Cap
8.1x Rel. Volume

Following this news, CLYM has declined 4.19%, reflecting a moderate negative market reaction. Argus tracked a trough of -1.7% from its starting point during tracking. Our momentum scanner has triggered 19 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $14.42. Trading volume is exceptionally heavy at 8.1x the average, suggesting significant selling pressure.

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

Market Context

The clinical-data tag matched four prior events, whose average 24-hour reaction was -2.16%. That his...
Analysis

The clinical-data tag matched four prior events, whose average 24-hour reaction was -2.16%. That history adds a cautious market lens to CLYM116's Phase 1 findings. The active S-3 resale registration covers 11,587,000 shares, while Phase 2 data remain the key validation point.

Key Figures

Half-life: ~29 days Dose: 320 mg APRIL suppression: >90% +5 more
8 metrics
Half-life ~29 days CLYM116 320 mg MAD
Dose 320 mg Single dose evaluated in Phase 1
APRIL suppression >90% Following a single 320 mg dose
IgA/Gd-IgA1 suppression 60-75% Maintained through 12 weeks after a single 320 mg dose
Study enrollment 46 subjects Phase 1 healthy-volunteer study
Phase 2 loading dose 800 mg NAVIGATE-2 trial
Phase 2 maintenance dose 400 mg Q8W or Q12W NAVIGATE-2 trial
Phase 3 initiation 2027 Anticipated registrational study initiation

Previous Clinical trial Reports

4 past events · Latest: Jun 05 (Positive)
Same Type Pattern 4 events
Date Event Sentiment 24h Move Catalyst
Jun 05 Phase 1 safety data Positive -3.3% Phase 1 safety and translational modeling data supported continued CLYM116 development
May 14 Clinical presentation notice Neutral -0.7% Planned budoprutug clinical-data presentation at EHA Congress scheduled for June
Apr 07 FDA Fast Track designation Positive +1.9% FDA Fast Track designation and positive budoprutug remission data in pMN
Sep 29 Preclinical CLYM116 data Positive -6.6% Preclinical CLYM116 data indicated longer half-life and deeper IgA reduction

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

Pattern Detected

Prior clinical-trial events more often diverged from their announcement sentiment, with a -2.16% average 24-hour reaction.

Key Terms

april, hypogammaglobulinemia, pharmacokinetics, pharmacodynamics, +1 more
5 terms
april medical
"an anti-APRIL monoclonal antibody"
April is the fourth month of the year and the first month of the second calendar quarter for most businesses. For investors, April often marks the transition from one reporting period to the next—companies close their first-quarter books and many issue quarterly results or guidance—so it can signal fresh information that affects stock prices, much like a school report card that helps parents reassess progress and expectations.
hypogammaglobulinemia medical
"or hypogammaglobulinemia"
A condition in which a person has abnormally low levels of antibodies in the blood, leaving the immune system less able to fight infections; think of it as having too few security guards on duty to spot and stop intruders. For investors, it matters because the condition affects demand for treatments, outcomes and safety in clinical trials, regulatory scrutiny, and healthcare costs—factors that influence revenue and risk for companies in diagnostics, therapeutics, and care services.
pharmacokinetics medical
"evaluate safety, tolerability, pharmacokinetics, and pharmacodynamics"
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.
pharmacodynamics medical
"evaluate safety, tolerability, pharmacokinetics, and pharmacodynamics"
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.
single-ascending-dose medical
"single-ascending-dose (SAD) and multiple-ascending-dose (MAD) study"
A single-ascending-dose (SAD) study is an early-stage clinical trial where small groups of volunteers each receive one single dose of a drug or treatment, with later groups given progressively higher doses to assess safety, tolerability and how the body handles the compound. Think of it as testing one scoop at a time to see how people react before increasing the amount. For investors, SAD results provide first human data on safety and dosing that inform development risk and next steps.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

~29-day half-life

Single 320 mg dose of CLYM116 drove near-complete APRIL suppression and 60-75% IgA/Gd-IgA1 suppression through 12 weeks

CLYM116 generally well-tolerated, with no serious adverse events, dose-limiting toxicities, or hypogammaglobulinemia

Phase 2 NAVIGATE-2 trial in IgA nephropathy ongoing; anticipate initial data in H1 2027, Phase 3 study initiation in 2027

Company to host R&D Spotlight Webcast today, September 3 at 8:00 a.m. ET

WELLESLEY HILLS, Mass., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Climb Bio, Inc. (Nasdaq: CLYM), a clinical-stage biotechnology company developing therapeutics for patients with immune-mediated diseases, today announced positive initial data from the ongoing Phase 1 trial evaluating CLYM116, an anti-APRIL monoclonal antibody, and provided updates on its strategy for further development in IgA nephropathy.

“We are thrilled with the compelling initial data for CLYM116,” said Aoife Brennan, M.B., Ch.B., President and Chief Executive Officer of Climb Bio. “APRIL is a clinically validated target in IgA nephropathy, and we designed CLYM116 to raise the bar on how completely and how durably it can be suppressed. As a sweeper antibody, CLYM116 was engineered to facilitate the degradation of APRIL rather than simply bind it. Our initial data show that this mechanism translated to rapid and durable APRIL suppression and substantial reductions in IgA and Gd-IgA1, with a favorable safety and tolerability profile. We believe this combination of depth, durability, and the potential for an every-12-week dosing regimen supports a best-in-class profile for CLYM116 in IgAN with the potential to meaningfully improve patient care. We look forward to sharing data from our ongoing NAVIGATE-2 study in IgAN in the first half of 2027 as we continue to progress this program toward a pivotal study.”

The data presented today are from the Company’s ongoing Phase 1 trial of CLYM116. This randomized, double-blind, placebo-controlled, single-ascending-dose (SAD) and multiple-ascending-dose (MAD) study enrolled 46 subjects and was designed to evaluate safety, tolerability, pharmacokinetics, and pharmacodynamics of subcutaneous (SC) CLYM116 in healthy volunteers.

CLYM116 Key Data and Highlights

  • CLYM116 demonstrated a favorable safety and tolerability profile with no serious adverse events, dose-limiting toxicities, or hypogammaglobulinemia
  • ~29-day half-life projected based on CLYM116 320 mg MAD, threefold longer than sibeprenlimab
  • >90% free APRIL suppression following a single 320 mg dose, with potential for sustained APRIL suppression with an every-12-week (Q12W) dosing regimen
  • ~60-75% IgA, Gd-IgA1, and IgM suppression following a single 320 mg dose, with suppression maintained through 12 weeks
  • PK/PD modeling further supports Q12W dosing of CLYM116

CLYM116 Development and Next Steps

  • Ongoing Phase 2 NAVIGATE-2 trial in IgA nephropathy (IgAN) is a randomized, open-label study
    • Evaluating an 800 mg loading dose of CLYM116, followed by 400 mg Q8W or Q12W
    • Intended to support the advancement of the Q12W regimen into Phase 3
  • High concentration (200 mg/mL) formulation developed, enabling delivery of 400 mg in a single, SC injection
    • Pre-filled syringe development complete for use in registrational study
    • Autoinjector in development, enabling a patient-friendly launch presentation
  • Development strategy designed to confirm a single regimen to advance into registrational study

Upcoming Milestones

  • Additional data from the ongoing Phase 1 study and initial reporting of Beijing Mabworks Biotech Co., Ltd. (Mabworks) Phase 1 healthy volunteer study in China to be presented at an upcoming medical meeting in the fourth quarter of 2026
  • Initial data from NAVIGATE-2 Phase 2 anticipated in the first half of 2027
  • Initiation of Phase 3 registrational study anticipated in 2027

Webcast Information
The live webcast is accessible via the “News & Events” section of the Climb Bio website: https://ir.climbbio.com/. A webcast replay will be available on the Climb Bio website beginning approximately two hours after the webcast event and will be archived for at least 30 days.

About Climb Bio, Inc.
Climb Bio, Inc. is a clinical-stage biotechnology company with a mission to deliver high impact, disease-modifying medicines for individuals living with immune-mediated diseases, including those affecting kidney health. The Company’s pipeline includes, budoprutug, an anti-CD19 monoclonal antibody that has potential to treat a broad range of B-cell mediated diseases, and CLYM116, an anti-APRIL monoclonal antibody being developed for IgA nephropathy. For more information, please visit climbbio.com

About CLYM116
CLYM116 is a clinical-stage monoclonal antibody targeting APRIL (A Proliferation-Inducing Ligand), a key driver of pathogenic B-cell activity in autoimmune diseases. CLYM116 employs a novel pH-dependent bind-and-release ‘sweeper’ mechanism to potently block APRIL signaling, promote lysosomal degradation of APRIL, and recycle the antibody to extend its half-life. This differentiated design offers the potential for rapid, deep, and durable inhibition of APRIL with a favorable safety profile and less frequent dosing. CLYM116 is being advanced for the treatment of IgA nephropathy (IgAN) and may also have broader utility across other B-cell mediated diseases where APRIL plays a critical role.

Forward-Looking Statements
This press release contains “forward-looking statements,” including without limitation statements regarding: future expectations, plans and prospects for Climb Bio; expectations regarding the therapeutic benefits, clinical potential and clinical development of CLYM116; the anticipated timelines for announcing clinical data from Climb Bio’s ongoing and planned clinical trials; the anticipated timelines for enrolling patients in planned clinical trials; projections and estimates derived from pharmacokinetic and pharmacodynamic modeling; and other statements containing the words “anticipate,” “believe,” “continue,” “could,” “expect,” “may,” “plan,” “potential,” “should,” “suggest,” “target,” “will,” and similar expressions. Forward-looking statements are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in, or implied by, such forward-looking statements. Climb Bio may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, important risks and uncertainties associated with: the ability of Climb Bio to timely and successfully achieve or recognize the anticipated benefits of its technology transfer and exclusive license agreement with Mabworks; Climb Bio’s ability to advance budoprutug and CLYM116 on the timelines expected or at all and to obtain and maintain necessary approvals from the U.S. Food and Drug Administration and other regulatory authorities; obtaining and maintaining the necessary approvals from investigational review boards at clinical trial sites and independent data safety monitoring boards; replicating in clinical trials positive results found in early-stage clinical trials or nonclinical studies; top-line data may change as more patient data become available and are subject to audit and verification procedures; competing successfully with other companies that are seeking to develop treatments for primary membranous nephropathy, immune thrombocytopenia, systemic lupus erythematosus, IgA nephropathy and other immune-mediated diseases; maintaining or protecting intellectual property rights related to budoprutug, CLYM116 and/or its other product candidates; managing expenses; the possibility that models used in clinical development may be inaccurate; changes in applicable laws or regulation; the possibility that Climb Bio may be adversely affected by other economic, business and/or competitive factors; and raising the substantial additional capital needed, on the timeline necessary, to continue development of budoprutug, CLYM116 and any other product candidates Climb Bio may develop. For a further discussion of other risks and uncertainties, and other important factors, any of which could cause Climb Bio’s actual results to differ materially from those contained in the forward-looking statements, see the “Risk Factors” section, as well as discussions of potential risks, uncertainties and other important factors, in Climb Bio’s most recent filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release represent Climb Bio’s views as of the date hereof and should not be relied upon as representing Climb Bio’s views as of any date subsequent to the date hereof. Climb Bio anticipates that subsequent events and developments will cause Climb Bio’s views to change. However, while Climb Bio may elect to update these forward-looking statements at some point in the future, Climb Bio specifically disclaims any obligation to do so, except as required by law. In addition, caution should be exercised when interpreting results from separate trials involving separate product candidates. Cross-trial comparisons may not be reliable as no head-to-head trials have been conducted, and differences exist between trial designs and participant characteristics.

Investors and Media
Carlo Tanzi, Ph.D.
Kendall Investor Relations
ctanzi@kendallir.com


FAQ

What Phase 1 results did Climb Bio (CLYM) report for CLYM116 in IgA nephropathy?

Climb Bio reported positive initial Phase 1 data for CLYM116 showing a projected ~29-day half-life, >90% free APRIL suppression, and ~60–75% suppression of IgA, Gd-IgA1, and IgM after a single 320 mg subcutaneous dose, with effects maintained through 12 weeks and a favorable safety profile.

How long is the half-life of CLYM116 reported in the Phase 1 trial for CLYM (Climb Bio)?

In the Phase 1 multiple-ascending-dose cohort at 320 mg, CLYM116 showed a projected ~29-day half-life, which the company describes as threefold longer than sibeprenlimab. This prolonged half-life supports the potential for every-12-week dosing in IgA nephropathy.

How effective was CLYM116 at suppressing APRIL and IgA markers in the CLYM Phase 1 study?

A single 320 mg dose of CLYM116 achieved >90% free APRIL suppression and approximately 60–75% suppression of IgA, Gd-IgA1, and IgM, with these reductions maintained through 12 weeks. PK/PD modeling further supports the potential for every-12-week dosing.

What safety results were reported for CLYM116 in Climb Bio’s (CLYM) Phase 1 trial?

CLYM116 was generally well tolerated in the Phase 1 study. There were no serious adverse events, no dose-limiting toxicities, and no hypogammaglobulinemia reported among the 46 healthy volunteers who received single- or multiple-ascending subcutaneous doses.

What is the design of the NAVIGATE-2 Phase 2 trial for CLYM116 in IgA nephropathy (CLYM)?

The ongoing NAVIGATE-2 Phase 2 trial in IgA nephropathy is a randomized, open-label study evaluating an 800 mg loading dose of CLYM116 followed by 400 mg every 8 or 12 weeks. It is intended to support advancing a single every-12-week regimen into Phase 3.

When are the next key milestones for CLYM116 development that may impact CLYM investors?

Additional Phase 1 data and initial data from Mabworks’ Phase 1 study in China are expected at a medical meeting in Q4 2026. Initial NAVIGATE-2 Phase 2 data are anticipated in the first half of 2027, with Phase 3 registrational study initiation anticipated in 2027.

What formulation and delivery advances has Climb Bio (CLYM) made for CLYM116?

Climb Bio has developed a high-concentration 200 mg/mL formulation of CLYM116 that allows delivery of 400 mg in a single subcutaneous injection. A pre-filled syringe is complete for use in the registrational study, and an autoinjector is in development for a patient-friendly launch presentation.