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Cardiol Therapeutics' Phase II Recurrent Pericarditis Data Published in the Journal of the American Heart Association

(Moderate)
(Very Positive)

Cardiol Therapeutics (NASDAQ: CRDL; TSX: CRDL) announced that results from its Phase II MAvERIC study of CardiolRx™ in recurrent pericarditis have been published in the peer-reviewed Journal of the American Heart Association. The study found CardiolRx™ was associated with rapid and sustained reductions in pericarditis pain and inflammation in patients with high baseline disease burden, substantial decreases in pericarditis episodes per year, and a favorable safety and tolerability profile.

According to Cardiol, these Phase II findings provided the clinical rationale for MAVERIC, a randomized, double-blind, placebo-controlled pivotal Phase III trial evaluating CardiolRx™ for reducing the risk of pericarditis recurrence. Enrollment in MAVERIC is now approaching completion, supported by strong patient interest and highlighting the unmet need in recurrent pericarditis.

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

Positive

  • Phase II data for CardiolRx™ in recurrent pericarditis peer-reviewed and published in JAHA
  • Phase II study reported rapid, sustained reductions in pericarditis pain and inflammation with CardiolRx™
  • MAvERIC pivotal Phase III trial nearing full enrollment, supported by strong patient interest

Negative

  • None.

Market Context

Viewed against prior clinical‑trial headlines that have averaged about 0.49% moves and a relatively ...
Analysis

Viewed against prior clinical‑trial headlines that have averaged about 0.49% moves and a relatively low reported short position, this publication extends Cardiol’s data cadence without adding clear financing or governance risk. Investors may watch how it feeds into upcoming pivotal MAVERIC milestones.

Key Figures

Trial phase: Phase II Trial phase: Phase III
2 metrics
Trial phase Phase II MAvERIC study results published in JAHA
Trial phase Phase III Pivotal MAVERIC trial nearing full enrollment

Previous Clinical trial Reports

5 past events · Latest: May 07 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 07 Phase II publication accepted Positive -1.5% Phase II MAvERIC results accepted by JAHA supporting pivotal Phase III MAVERIC trial.
Apr 28 Phase III trial expansion Positive -2.1% MAVERIC Phase III U.S. network expansion with enrollment reaching 75% and more sites planned.
Apr 14 Clinical programs interview Positive +2.9% Live interview highlighting MAVERIC Phase III, ARCHER Phase II data, and CRD-38 pipeline candidate.
Feb 10 ARCHER Phase II data Positive +1.9% Publication of ARCHER Phase II myocarditis study showing LV mass reduction and supportive signals.
Jan 13 MAVERIC enrollment milestone Positive +1.3% MAVERIC Phase III surpassed 50% enrollment with plans for ~110 patients across ~25 centers.

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

Pattern Detected

Tag‑specific clinical trial headlines have produced a small average positive move of about 0.49%, with generally constructive reactions but occasional negative days on otherwise positive updates.

Key Terms

pericarditis, placebo-controlled, double-blind, non-immunosuppressive
4 terms
pericarditis medical
"reductions in pericarditis pain and inflammation in patients with a high baseline"
Pericarditis is inflammation of the thin sac that surrounds the heart, like irritation of a protective sleeve or a balloon around the organ. It can cause chest pain, fatigue and other symptoms and is important to investors because cases linked to a drug, vaccine or medical device can change regulatory decisions, affect sales and trigger safety reviews or legal risk, which can move a company’s stock and future outlook.
placebo-controlled medical
"MAVERIC, a randomized, double-blind, placebo-controlled, pivotal Phase III trial"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
double-blind medical
"MAVERIC, a randomized, double-blind, placebo-controlled, pivotal Phase III trial"
A double-blind process means that neither the people conducting an activity nor the people involved know certain key details, such as who is receiving a treatment or a placebo. This approach helps prevent bias from influencing the results, making the outcome more trustworthy. For investors, it ensures that decisions or judgments are based on unbiased information rather than preconceived opinions or expectations.
non-immunosuppressive medical
"its potential to offer a non-immunosuppressive treatment for patients living with recurrent"
A non-immunosuppressive drug or therapy is one that treats a disease or symptom without reducing the activity or effectiveness of the immune system. It matters to investors because such treatments can offer different safety and market profiles—patients retain immune defenses, which can affect regulatory review, adoption, and the size of the potential patient pool; think of it as fixing a problem without turning off the body’s natural protection system.

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

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• Peer-reviewed JAHA publication strengthens the foundation for Cardiol's pivotal Phase III MAVERIC trial as enrollment nears completion.

TORONTO, July 14, 2026 /PRNewswire/ -- Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) ("Cardiol" or the "Company"), a late-stage life sciences company advancing anti-inflammatory and anti-fibrotic therapies for heart disease, today announced the publication of its Phase II MAvERIC study results in the Journal of the American Heart Association ("JAHA"). The publication comes as the pivotal Phase III MAVERIC trial nears full patient enrollment.

Cardiol Therapeutics Inc.

The publication describes clinical findings in which CardiolRx™ was associated with rapid and sustained reductions in pericarditis pain and inflammation in patients with a high baseline disease burden. The study also reported substantial reductions in pericarditis episodes per year and a favorable safety and tolerability profile. Together, these findings provide the strong clinical rationale for MAVERIC, a randomized, double-blind, placebo-controlled, pivotal Phase III trial evaluating CardiolRx™ for reducing the risk of pericarditis recurrence.

"The publication of these results in the Journal of the American Heart Association makes the full body of peer-reviewed Phase II evidence available to the broader cardiovascular community," said David Elsley, President and Chief Executive Officer of Cardiol Therapeutics. "The publication provides comprehensive details of findings previously presented at the American Heart Association Scientific Sessions, including clinically important reductions in pain, inflammation, and recurrences with CardiolRx™, a favorable safety and tolerability profile, and its potential to offer a non-immunosuppressive treatment for patients living with recurrent disease. These findings directly informed the design of MAVERIC, our pivotal Phase III study. With enrollment now approaching completion, we believe the strong level of interest highlights the unmet need in this patient population and reinforces our confidence in the potential of CardiolRx™ to advance the standard of care."

The full publication is available in the Journal of the American Heart Association: www.ahajournals.org/doi/full/10.1161/JAHA.125.047605

About Cardiol Therapeutics

Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) is a late-stage life sciences company focused on advancing the development of anti-inflammatory and anti-fibrotic therapies for heart disease. The Company's lead small-molecule drug candidate, CardiolRx™, modulates inflammasome pathway activation, an intracellular innate immune system response known to play an important role in the development and progression of inflammation and fibrosis associated with pericarditis, myocarditis, and heart failure.

The MAVERIC Program is evaluating CardiolRx™ for the treatment of recurrent pericarditis, an inflammatory disease of the pericardium associated with symptoms including debilitating chest pain, shortness of breath, and fatigue, which can lead to physical limitations, reduced quality of life, emergency department visits, and hospitalizations. The program comprises the completed Phase II MAvERIC-Pilot study (NCT05494788) and the ongoing pivotal Phase III MAVERIC trial (NCT06708299). The U.S. FDA has granted Orphan Drug Designation to CardiolRx™ for the treatment of pericarditis, including recurrent pericarditis.

The ARCHER Program is also studying CardiolRx™, specifically in acute myocarditis—an important cause of acute and fulminant heart failure in young adults and a leading cause of sudden cardiac death in individuals under 35 years of age. The program comprises the completed Phase II ARCHER study (NCT05180240), which evaluated the safety, tolerability, and efficacy of CardiolRx™ in this patient population.

The Company is also developing CRD-38, a novel, subcutaneously administered drug formulation intended for the treatment of inflammatory heart disease, including heart failure—a leading cause of death and hospitalization in the developed world, with associated healthcare costs in the United States exceeding US$30 billion per year.

For more information about Cardiol Therapeutics, please visit cardiolrx.com.

Cautionary statement regarding forward-looking information:

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements, other than statements of historical fact, that address activities, events, or developments that Cardiol believes, expects, or anticipates will, may, could, or might occur in the future are "forward-looking information". Forward looking information contained herein may include, but is not limited to statements regarding the Company's focus on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease; the Company's intended clinical studies and trial activities and timelines associated with such activities, including the Company's plan to complete the Phase III study in recurrent pericarditis with CardiolRx™; the Company's plan to advance the development of CRD-38, a novel subcutaneous formulation intended for the treatment of inflammatory heart disease, including heart failure, the JAHA publication strengthens the foundation of the pivotal Phase III program in recurrent pericarditis; and with enrollment in MAVERIC now approaching completion we believe the strong level of interest highlights the unmet need in this patient population and reinforces our confidence in the potential of CardiolRx™ to advance the standard of care. Forward-looking information contained herein reflects the current expectations or beliefs of Cardiol based on information currently available to it and is based on certain assumptions and is also subject to a variety of known and unknown risks and uncertainties and other factors that could cause the actual events or results to differ materially from any future results, performance or achievements expressed or implied by the forward looking information, and are not (and should not be considered to be) guarantees of future performance. These risks and uncertainties and other factors include the risks and uncertainties referred to in the Company's Annual Information Form filed with the Canadian securities administrators and U.S. Securities and Exchange Commission on March 31, 2026, available on SEDAR+ at sedarplus.ca and EDGAR at sec.gov, as well as the risks and uncertainties associated with product commercialization and clinical studies. These assumptions, risks, uncertainties, and other factors should be considered carefully, and investors should not place undue reliance on the forward-looking information, and such information may not be appropriate for other purposes. Any forward-looking information speaks only as of the date of this press release and, except as may be required by applicable securities laws, Cardiol disclaims any intent or obligation to update or revise such forward-looking information, whether as a result of new information, future events, or results, or otherwise. Investors are cautioned not to rely on these forward-looking statements.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cardiol-therapeutics-phase-ii-recurrent-pericarditis-data-published-in-the-journal-of-the-american-heart-association-302824974.html

SOURCE Cardiol Therapeutics Inc.

FAQ

What did Cardiol Therapeutics (CRDL) announce on July 14, 2026 about its recurrent pericarditis program?

Cardiol Therapeutics announced publication of its Phase II MAvERIC recurrent pericarditis data in the Journal of the American Heart Association. According to Cardiol, these peer-reviewed results support its ongoing pivotal Phase III MAVERIC trial of CardiolRx™ for reducing pericarditis recurrence risk.

What were the key Phase II MAvERIC results for CardiolRx™ reported by Cardiol Therapeutics (CRDL)?

Phase II MAvERIC results showed CardiolRx™ was associated with rapid, sustained reductions in pericarditis pain and inflammation. According to Cardiol, the study also found substantial reductions in pericarditis episodes per year and a favorable safety and tolerability profile in high-burden patients.

How does the JAHA publication impact Cardiol Therapeutics' Phase III MAVERIC trial for CRDL?

The JAHA publication provides peer-reviewed validation of the Phase II evidence that informed MAVERIC’s design. According to Cardiol, these findings form the clinical rationale for its randomized, double-blind, placebo-controlled pivotal Phase III trial in recurrent pericarditis.

What is the MAVERIC Phase III trial that Cardiol Therapeutics (CRDL) is conducting?

MAVERIC is a randomized, double-blind, placebo-controlled pivotal Phase III trial of CardiolRx™ in recurrent pericarditis. According to Cardiol, it evaluates whether CardiolRx™ can reduce the risk of pericarditis recurrence in patients with recurrent disease.

Is enrollment in Cardiol Therapeutics' (CRDL) Phase III MAVERIC pericarditis trial complete?

Enrollment in the MAVERIC Phase III trial is approaching completion, but not yet fully complete. According to Cardiol, strong patient interest and unmet need in recurrent pericarditis have supported progress toward full enrollment.

What potential treatment advantage does CardiolRx™ offer for recurrent pericarditis according to Cardiol Therapeutics (CRDL)?

CardiolRx™ may offer a non-immunosuppressive option for patients with recurrent pericarditis. According to Cardiol, Phase II data showed reductions in pain, inflammation, and recurrences alongside a favorable safety and tolerability profile, supporting further evaluation in Phase III.