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Climb Bio Announces FDA Fast Track Designation for Budoprutug for the Treatment of Primary Membranous Nephropathy

(Positive)

Climb Bio (Nasdaq: CLYM) announced FDA Fast Track Designation for budoprutug to treat primary membranous nephropathy (pMN).

Budoprutug showed complete peripheral B-cell depletion in 100% (5/5) of Phase 1b patients, serologic remission in 3/3 evaluable patients, and complete/partial clinical remission in 5/5 by week 48. A global Phase 2 study (PrisMN) is enrolling; initial data expected H2 2026.

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Positive

  • FDA Fast Track designation for budoprutug
  • Phase 1b: 100% B-cell depletion (5/5)
  • Phase 1b: clinical remission in 5/5 by week 48
  • Global Phase 2 PrisMN enrolling; initial data H2 2026

Negative

  • Phase 1b sample size only 5 patients
  • PrisMN is open-label, which may limit randomized evidence

News Market Reaction – CLYM

+1.93%
7 alerts
+1.93% Session close to close
-14.2% Trough in 3 hr 27 min
$321.96M Market Cap
0.2x Rel. Volume

In the Apr 7 session, CLYM gained 1.93%, reflecting a mild positive market reaction. Argus tracked a trough of -14.2% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights FDA Fast Track Designation for budoprutug in pMN, backed by Phase 1b da...
Analysis

This announcement highlights FDA Fast Track Designation for budoprutug in pMN, backed by Phase 1b data showing 100% B-cell depletion and remission signals in all treated patients by week 48. A global Phase 2 open-label trial is enrolling, with initial data expected in H2 2026. In context of prior positive CLYM116 data, the news underscores Climb Bio’s focus on kidney and immune-mediated diseases, while timelines and clinical risk remain key factors to watch.

Key Figures

B-cell depletion: 100% (5/5 patients) Serologic remission: 3/3 evaluable patients Clinical remission: 5/5 patients by week 48 +3 more
6 metrics
B-cell depletion 100% (5/5 patients) Completed Phase 1b pMN study, complete peripheral B-cell depletion
Serologic remission 3/3 evaluable patients Completed Phase 1b pMN study, serologic remission
Clinical remission 5/5 patients by week 48 Completed Phase 1b pMN study, complete or partial remission at week 48
Phase 2 trial Global open-label dose-ranging Ongoing PrisMN Phase 2 study in pMN
Initial data timing H2 2026 Initial data anticipated from PrisMN Phase 2 study
Trial pharmacodynamics B cells, PLA2R antibodies, total immunoglobulin Key pharmacodynamic endpoints in PrisMN Phase 2

Previous Clinical trial Reports

1 past event · Latest: Sep 29 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Sep 29 Preclinical data update Positive -6.6% Promising CLYM116 preclinical IgAN data with strong half-life and IgA reduction.

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

Pattern Detected

For clinical-trial-type announcements, the one prior event showed a negative reaction despite positive data.

Recent Company History

Recent history shows Climb Bio advancing multiple immune-mediated disease programs with generally constructive reactions. A Sep 29, 2025 clinical-trial update on CLYM116’s preclinical IgAN data was promising but saw a -6.57% move. Subsequent 2025–26 updates highlighted growing cash runway, pipeline progress and multiple planned readouts. Today’s Fast Track news for budoprutug in pMN fits this pattern of incremental clinical and regulatory milestones across the kidney and B‑cell–mediated disease franchise.

Key Terms

fast track designation, monoclonal antibody, primary membranous nephropathy, anti-cd19, +3 more
7 terms
fast track designation regulatory
"FDA has granted Fast Track Designation to budoprutug"
Fast track designation is a status the U.S. Food and Drug Administration grants to drugs intended to treat serious conditions and address an unmet medical need. It gives the developer more frequent communication with the FDA and can allow parts of the application to be reviewed on a rolling basis, and it may pave the way to priority review or accelerated approval. It can shorten development timelines, though it does not guarantee approval.
monoclonal antibody medical
"investigational anti-CD19 monoclonal antibody, for the treatment of primary"
A monoclonal antibody is a laboratory-made protein designed to recognize and attach to a specific target in the body, such as a disease-causing substance or cell. It functions like a highly precise lock-and-key tool, helping to treat or detect illnesses. For investors, companies developing monoclonal antibodies can represent promising opportunities in the healthcare sector, especially as these treatments often address unmet medical needs.
primary membranous nephropathy medical
"for the treatment of primary membranous nephropathy (pMN)—a rare kidney disease"
An autoimmune kidney disorder in which the immune system attacks the thin filtering layer of the kidney, causing protein to leak into the urine and, over time, reduced kidney function—imagine tiny coffee filters developing holes and letting grounds through. It matters to investors because it shapes demand for diagnostics and therapies, drives clinical trials and regulatory decisions, and can influence drug revenues, treatment costs and insurer exposure tied to chronic kidney disease outcomes.
anti-cd19 medical
"the company’s investigational anti-CD19 monoclonal antibody, for the treatment"
Anti‑CD19 describes a therapy—often an antibody or an engineered immune cell—that specifically seeks out and binds to the CD19 protein found on the surface of certain B cells, marking them for removal. For investors, anti‑CD19 treatments matter because they target cancers and immune disorders with precision, so clinical trial results, approval decisions, manufacturing scale and safety data can drive a drug maker’s value much like a new, highly effective product can reshape a company’s future.
proteinuria medical
"pMN patients with persistent proteinuria despite optimized renin-angiotensin-"
Proteinuria is when abnormal amounts of protein are found in a person's urine. It can be a sign that the kidneys aren't working properly, since healthy kidneys usually prevent most proteins from passing into urine. Detecting proteinuria helps doctors identify and monitor kidney problems early.
renin-angiotensin-aldosterone system (raas) medical
"despite optimized renin-angiotensin-aldosterone system (RAAS) inhibition, and to"
A hormone network that works like the body’s plumbing and thermostat combined: it controls blood pressure, salt and water balance by releasing renin, angiotensin and aldosterone to tighten blood vessels or retain fluid. It matters to investors because many common cardiovascular and kidney drugs target this system, so changes in clinical trial results, approvals, or safety findings can strongly affect drug companies’ revenues, pipelines and stock values.
immunoglobulin medical
"antibody levels, and total immunoglobulin, and preliminary efficacy, including"
Immunoglobulins are proteins commonly known as antibodies that the body makes to recognize and neutralize viruses, bacteria and other foreign substances; they act like targeted security guards that bind to specific invaders. For investors, immunoglobulins matter because they are the basis for many diagnostic tests, therapeutic drugs and blood‑derived products, so changes in demand, manufacturing capacity, clinical trial results or regulatory approvals can directly affect company revenues and risk profiles.

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

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Global Phase 2 open-label clinical trial in pMN (PrisMN) enrolling, with initial data anticipated H2 2026

WELLESLEY HILLS, Mass., April 07, 2026 (GLOBE NEWSWIRE) -- Climb Bio, Inc. (Nasdaq: CLYM), a clinical stage biotechnology company developing therapeutics for patients with immune-mediated diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to budoprutug, the company’s investigational anti-CD19 monoclonal antibody, for the treatment of primary membranous nephropathy (pMN)—a rare kidney disease for which there are currently no FDA-approved treatments.

“Fast Track Designation recognizes both the urgent need for new therapies in pMN and the compelling early clinical activity generated to date with budoprutug,” said Edgar Charles, M.D., Chief Medical Officer of Climb Bio. “This designation provides the opportunity to support and accelerate our budoprutug development efforts and facilitate closer interaction with the FDA as we work to advance budoprutug into later-stage clinical studies for this serious immune-mediated kidney disease.”

As previously reported, administration of budoprutug in a completed Phase 1b study in pMN demonstrated complete peripheral B-cell depletion in 100% (5/5) of patients, serologic remission in all (3/3) evaluable patients, and complete or partial clinical remission in all (5/5) participants by week 48. The safety profile was favorable with no clinically significant treatment-related serious adverse events observed. Long-term follow-up data demonstrated durable reductions in proteinuria, supporting further investigation of budoprutug as a potential disease modifying therapy for pMN.

Budoprutug is currently being studied in a Phase 2 global open-label, dose-range finding study (PrisMN), which is designed to evaluate pharmacodynamics, including B cells, anti-Phospholipase A2 Receptor (PLA2R) antibody levels, and total immunoglobulin, and preliminary efficacy, including complete and partial remission, in pMN patients with persistent proteinuria despite optimized renin-angiotensin-aldosterone system (RAAS) inhibition, and to identify a dose for Phase 3 clinical development. Climb Bio anticipates sharing initial data from this study in the second half of 2026.

About Primary Membranous Nephropathy (pMN)
Primary membranous nephropathy is an autoantibody mediated disease characterized by proteinuria, nephrotic syndrome, and progressive loss of renal function. Patients with uncontrolled disease may develop chronic kidney disease or end-stage kidney disease, requiring dialysis or transplantation. There are about 75,000 people in the U.S. living with pMN. Currently, there are no FDA approved therapies for pMN.

About Climb Bio, Inc.
Climb Bio, Inc. is a clinical-stage biotechnology company developing therapeutics for patients with immune-mediated diseases. The Company’s pipeline includes, budoprutug, an anti-CD19 monoclonal antibody that has demonstrated B-cell depletion and 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 Budoprutug
Budoprutug is a clinical-stage, anti-CD19 monoclonal antibody with the potential to address a broad range of B-cell mediated, immune-driven diseases. Designed with enhanced effector function and low picomolar affinity, budoprutug targets and depletes CD19-expressing B cells, including plasmablasts and certain plasma cells, key sources of pathogenic autoantibodies. Early clinical data suggest budoprutug may offer durable B-cell depletion, rapid reductions in autoantibodies, and clinical remission in primary membranous nephropathy (pMN). Budoprutug is being evaluated in clinical trials for pMN, immune thrombocytopenia (ITP), and systemic lupus erythematosus (SLE). A subcutaneous formulation is also in development to enable broader patient access. Budoprutug has been granted Orphan Drug Designation and Fast Track Designation by the FDA for the treatment of pMN.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding: future expectations, plans and prospects for Climb Bio; expectations regarding the therapeutic benefits, clinical potential and clinical development of budoprutug; the anticipated timelines for announcing data from Climb Bio’s ongoing Phase 2 clinical trial of budoprutug in primary membranous nephropathy; the expected benefits of Orphan Drug Designation and Fast Track Designation for the development of budoprutug in primary membranous nephropathy; the sufficiency of Climb Bio’s cash resources for the period anticipated; and other statements containing the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “suggest,” “target,” “would,” “will,” “working” 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 acquisition of Tenet Medicines, Inc. and 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; 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; 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 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. In addition, 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.

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


FAQ

What does the FDA Fast Track designation mean for Climb Bio's CLYM budoprutug program?

Fast Track designation expedites development and review and allows closer FDA interaction. According to the company, Fast Track aims to support and accelerate budoprutug development and facilitate more frequent FDA meetings and potential rolling submissions.

What were the key Phase 1b results for budoprutug reported by Climb Bio (CLYM)?

Phase 1b showed complete peripheral B-cell depletion in 100% (5/5) and serologic remission in 3/3 evaluable patients. According to the company, all 5 participants achieved complete or partial clinical remission by week 48 with a favorable safety profile.

When will Climb Bio (CLYM) report initial data from the global Phase 2 PrisMN study?

Climb Bio expects initial Phase 2 PrisMN data in the second half of 2026. According to the company, the trial is enrolling globally and will report early pharmacodynamic and preliminary efficacy readouts in H2 2026.

What endpoints is the PrisMN Phase 2 study of budoprutug (CLYM) evaluating?

PrisMN is evaluating pharmacodynamics and preliminary efficacy, including B cells, PLA2R antibody levels, total immunoglobulin, and remission rates. According to the company, the study is dose-range finding and will identify a Phase 3 dose for pMN patients.

How robust are the clinical data supporting budoprutug for primary membranous nephropathy (pMN)?

Early data are promising but limited by small sample size and design. According to the company, Phase 1b showed durable proteinuria reductions and favorable safety, while Phase 2 will provide broader pharmacodynamic and efficacy data.