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Dianthus Therapeutics Announces Early GO Decision Following Interim Responder Analysis in Phase 3 CAPTIVATE Trial of Claseprubart in Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)

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Dianthus Therapeutics (Nasdaq: DNTH) announced an early GO decision in the Phase 3 CAPTIVATE trial of claseprubart for CIDP after an interim responder analysis met the predefined GO criterion.

The company reached 20 confirmed responders early, confirmed by an independent DSMB with no related serious infections or related serious adverse events. Planned updates include keeping the 300mg/2mL S.C. Q2W dose, seeking to remove the 600mg/4mL arm from Part B, reducing Part A enrollment to up to 256 patients (randomize 128 in Part B), and providing Part B top-line guidance by end of 2026.

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Positive

  • Interim GO reached with 20 confirmed responders
  • Independent DSMB confirmed no related serious infections or related SAEs
  • Maintaining 300mg/2mL S.C. Q2W dosing in Part A
  • CAPTIVATE Part B top-line guidance by end of 2026

Negative

  • Planned reduction of Part A enrollment from up to 480 to up to 256
  • Randomization in Part B reduced from 192 to 128
  • Proposed removal of the 600mg/4mL S.C. Q2W dose arm from Part B

Market Reaction – DNTH

-4.06% $76.01 5.1x vol
15m delay 10 alerts
-4.06% Since News
$76.01 Last Price
$75.75 $84.86 Day Range
-$144M Valuation Impact
$3.40B Market Cap
5.1x Rel. Volume

Following this news, DNTH has declined 4.06%, reflecting a moderate negative market reaction. Our momentum scanner has triggered 10 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $76.01. This price movement has removed approximately $144M from the company's valuation. Trading volume is exceptionally heavy at 5.1x the average, suggesting significant selling pressure.

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

Key Figures

Confirmed responders: 20 patients Part A dose: 300mg/2mL S.C. Q2W Dose arm removed: 600mg/4mL S.C. Q2W +5 more
8 metrics
Confirmed responders 20 patients Interim Phase 3 CAPTIVATE Part A responder analysis GO criterion
Part A dose 300mg/2mL S.C. Q2W Maintained as selected dose in CAPTIVATE Part A
Dose arm removed 600mg/4mL S.C. Q2W Company plans to remove this arm from CAPTIVATE Part B
Planned Part A enrollment Up to 256 patients Revised CAPTIVATE Part A enrollment target
Part B randomization 128 patients Revised number of patients to be randomized in Part B
Shelf registration size $600,000,000 Maximum aggregate offering under S-3 shelf filed Jan 28, 2026
Year-end cash estimate $514 million Preliminary cash, cash equivalents and short-term investments as of Dec 31, 2025
Point72 ownership 6.9% of shares Beneficial ownership reported on Schedule 13G/A as of Feb 13, 2026

Market Reality Check

Price: $79.23 Vol: Volume 1,075,186 is 1.53x...
high vol
$79.23 Last Close
Volume Volume 1,075,186 is 1.53x the 20-day average of 704,419, indicating elevated trading interest ahead of and around this news. high
Technical Price $65.04 is trading above the 200-day MA of $33.94, reflecting a strong pre-existing uptrend into this clinical update.

Peers on Argus

DNTH gained 6.14%, while close biotech peers showed mixed moves (e.g., ELVN up 2...
1 Up 1 Down

DNTH gained 6.14%, while close biotech peers showed mixed moves (e.g., ELVN up 2.65%, ZYME down 4.03%, NTLA up 5.58%), pointing to a stock-specific reaction rather than a coordinated sector rotation.

Previous Clinical trial Reports

4 past events · Latest: Dec 23 (Positive)
Same Type Pattern 4 events
Date Event Sentiment Move Catalyst
Dec 23 Phase 1 initiation Positive -2.6% Started Phase 1 trial of LBL-047 (DNTH212) in SLE and volunteers.
Oct 16 License agreement Positive -0.6% Exclusive global (ex-China) license for DNTH212 with large milestone potential.
Sep 08 Positive Phase 2 data Positive +20.0% Phase 2 MaGic trial showed significant efficacy and favorable safety in gMG.
May 05 Trial enrollment complete Positive -0.7% Completed enrollment in Phase 2 MaGic trial of DNTH103 in gMG.
Pattern Detected

Clinical trial news has often produced uneven reactions, with one strong positive move on favorable Phase 2 data but several negative or muted responses on other pipeline updates and deals.

Recent Company History

Over the past year, Dianthus has steadily advanced its clinical pipeline, highlighted by the Phase 2 MaGic trial for claseprubart in gMG showing positive data on Sep 08, 2025 with a 20% move. Earlier, the company completed MaGic enrollment and later added DNTH212 via an exclusive license, followed by Phase 1 initiation for LBL-047 (DNTH212). Today’s CAPTIVATE Phase 3 CIDP interim “GO” decision builds directly on this efficacy and safety track record for claseprubart.

Historical Comparison

+4.0% avg move · Clinical-trial headlines for DNTH have averaged a 4.03% move; today’s 6.14% gain on the CAPTIVATE Ph...
clinical trial
+4.0%
Average Historical Move clinical trial

Clinical-trial headlines for DNTH have averaged a 4.03% move; today’s 6.14% gain on the CAPTIVATE Phase 3 interim “GO” decision is moderately stronger but within prior reaction ranges.

The news reflects progression from earlier MaGic Phase 2 success with claseprubart toward late-stage validation in CIDP, alongside broader pipeline expansion with DNTH212 into Phase 1.

Regulatory & Risk Context

Active S-3 Shelf · $600,000,000
Shelf Active
Active S-3 Shelf Registration 2026-01-28
$600,000,000 registered capacity

An effective S-3 shelf filed on Jan 28, 2026 allows Dianthus to issue up to $600,000,000 in various securities over time, primarily to fund clinical development, working capital, and potential licensing or acquisition of product candidates. No usage has been reported yet under this shelf.

Market Pulse Summary

This announcement details an early “GO” decision in the Phase 3 CAPTIVATE CIDP trial after achieving...
Analysis

This announcement details an early “GO” decision in the Phase 3 CAPTIVATE CIDP trial after achieving 20 confirmed responders with favorable safety, supporting the 300mg/2mL Q2W regimen and a streamlined design targeting 256 Part A and 128 Part B patients. It builds on prior MaGic Phase 2 success and a well-funded position of about $514 million in cash, while an effective $600,000,000 shelf provides additional strategic flexibility.

Key Terms

chronic inflammatory demyelinating polyneuropathy, cidp, phase 3, open-label, +1 more
5 terms
chronic inflammatory demyelinating polyneuropathy medical
"Phase 3 CAPTIVATE trial of claseprubart in Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)."
Chronic inflammatory demyelinating polyneuropathy (CIDP) is a long‑term autoimmune disorder in which the body attacks the protective coating (myelin) around peripheral nerves, causing progressive weakness, numbness and poor coordination. Think of myelin as insulation on electrical wires: when it is damaged, nerve signals slow or fail. CIDP matters to investors because it drives demand for ongoing medical treatments, costly therapies and clinical trials, and outcomes or approvals can significantly affect companies developing drugs or devices for the disease.
cidp medical
"Phase 3 CAPTIVATE trial of claseprubart in Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)."
Chronic inflammatory demyelinating polyneuropathy (CIDP) is a long‑term autoimmune disorder in which the immune system progressively damages the protective coating (myelin) around peripheral nerves, causing weakness, numbness and reduced coordination — like frayed insulation on electrical wiring that disrupts signal flow. It matters to investors because treatments, clinical trial results, regulatory approvals and reimbursement decisions directly affect demand, pricing and revenue prospects for companies developing therapies for this disabling condition.
phase 3 medical
"Phase 3 CAPTIVATE trial of claseprubart in Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)."
Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.
open-label medical
"less than 40 planned participants completing open-label Part A Key objectives achieved"
Open-label describes a situation where everyone involved in a study or process knows the full details, such as who is receiving a treatment or intervention. For investors, understanding whether a project or product is open-label helps gauge the level of transparency and potential biases, influencing trust and decision-making. It’s like knowing whether a test or experiment is conducted openly or behind closed doors.
dsmb medical
"Independent DSMB review confirmed GO decision; no related serious infections"
A DSMB (Data and Safety Monitoring Board) is an independent group of medical and statistical experts that watches over clinical trials to protect participants and ensure the study’s data are reliable. Think of it as an impartial referee who can pause, change, or stop a trial if safety problems, clear benefits, or data flaws appear; its decisions can quickly alter a biotech company’s regulatory path, market value, and investor outlook.

AI-generated analysis. Not financial advice.

Early GO decision reached ahead of Q2’26 guidance based on GO criteria of 20 confirmed responders achieved with less than 40 planned participants completing open-label Part A 

Key objectives achieved: Company will maintain the Part A dose of 300mg/2mL S.C. Q2W, plans to engage with regulators to remove the 600mg/4mL S.C. Q2W dose arm from Part B, and expects to enroll up to 256 patients in Part A to randomize 128 patients in Part B

Independent DSMB review confirmed GO decision; no related serious infections, no clinical symptoms of autoimmune activation, and no related serious adverse events or discontinuations

GO decision supports continued development of claseprubart 300mg/2mL Q2W S.C. in CIDP, targeting a potentially best-in-disease biologic profile across a broad population of CIDP patients, including those refractory to standard-of-care

Investor conference call and webcast to be held today, March 9, 2026 at 8:00 a.m. ET 

NEW YORK and WALTHAM, Mass., March 09, 2026 (GLOBE NEWSWIRE) -- Dianthus Therapeutics, Inc. (Nasdaq: DNTH), a clinical-stage biotechnology company dedicated to developing next-generation therapies to transform the treatment of severe autoimmune diseases, today announced an early GO decision based on an interim responder analysis in the Phase 3 CAPTIVATE trial of claseprubart in Chronic Inflammatory Demyelinating Polyneuropathy (CIDP).

“We are excited to announce an early GO decision based on results from less than 40 planned participants completing Part A of the CAPTIVATE Phase 3 trial. These interim responder analysis results, in addition to the robust Phase 2 data from our MaGic trial in generalized Myasthenia Gravis, bolster our confidence in the best-in-class target profile for claseprubart and its potential to become a best-in-disease, first-line biologic of choice across a range of large and growing neuromuscular indications,” said Marino Garcia, Chief Executive Officer of Dianthus. “Classical pathway inhibition could replace the standard of care in the multi-billion-dollar CIDP market with the potential for improved efficacy, differentiated safety, and lower patient burden. We expect our planned study design changes to streamline the CAPTIVATE trial and support even faster execution.”

Interim Responder Analysis Results Summary

  • The target for the Part A interim responder analysis was a response rate of 50% or greater (i.e., ≥20 confirmed responders out of first 40 participants to complete Part A) based on precedent set with aC1s inhibition.
  • This GO decision was reached early, after 20 confirmed responders were achieved with less than 40 planned participants completing Part A of the trial.
  • There have been no related serious infections, no clinical symptoms of autoimmune activation, no related serious adverse events or discontinuations.
  • The GO decision was confirmed by an independent DSMB review.

Next Steps: Planned CAPTIVATE Trial Design Updates
Dianthus anticipates the following:

  • Maintain the claseprubart 300mg/2mL S.C. Q2W dose in Part A;
  • Engage with regulators to remove the claseprubart 600mg/4mL S.C. Q2W arm from Part B;
  • Enroll up to 256 patients (previously up to 480) in Part A to randomize 128 patients in Part B (previously 192); and
  • Provide CAPTIVATE Part B top-line guidance by the end of 2026.

“As a neurologist who specialized in and treated many patients with neuromuscular diseases including CIDP, it is encouraging to see consistency across multiple clinically meaningful measures including INCAT, MRC-SS, Grip Strength, and IRODS in Part A of the CAPTIVATE study,” said James K. Sheffield, MD, Vice President and Head of CIDP Development of Dianthus. “These initial findings motivate the CIDP team to get to primary results as soon as possible.”

About CAPTIVATE
CAPTIVATE is a single, two-part, randomized withdrawal Phase 3 trial of claseprubart in CIDP. In open-label Part A of this trial, participants are administered a loading dose followed by 300mg claseprubart administered every 2 weeks (Q2W) via subcutaneous (S.C.) injection for up to 13 weeks. Part A included an interim responder analysis of a pre-defined number of participants. The primary endpoint in Part A is response as measured as ≥1 point decrease (improvement) in adjusted INCAT score compared to Part A baseline. Only participants who respond to claseprubart in Part A will be randomized into Part B, a double-blind, placebo-controlled treatment period of up to 52 weeks, where they will be assessed for prevention of relapse, safety and tolerability, followed by an open-label extension period. The primary endpoint in Part B is efficacy (time to relapse) as measured as ≥1 point increase in adjusted INCAT. The Company believes this single pivotal trial will support Biologics License Application filing in adult patients with CIDP and expects to provide CAPTIVATE Part B top-line guidance by the end of 2026.

CAPTIVATE Investor Conference Call & Webcast to be Held at 8:00 a.m. ET Today
Dianthus Therapeutics will host an investor call and webcast to discuss the CAPTIVATE trial interim responder analysis today, March 9, 2026 at 8:00 a.m. ET. To access the live conference call by phone, please register here. Conference call participants in the question and answer session should pre-register to receive the dial-in number and personal PIN. 

The live webcast may be accessed via the Investors section of the Dianthus Therapeutics website at https://investor.dianthustx.com/. A replay of the webcast will be available following the call. The presentation that will be used on this webcast is available here.

About Claseprubart (DNTH103)
Claseprubart is an investigational, clinical-stage, potent monoclonal antibody engineered to selectively target the classical pathway by inhibiting only the active form of the C1s protein, a clinically validated complement target. Claseprubart is enhanced with YTE half-life extension technology designed to enable a more convenient subcutaneous, infrequently dosed, self-administered injection. Additionally, selective inhibition of the classical complement pathway may lower patient risk of infection from encapsulated bacteria by preserving immune activity of the lectin and alternative pathways. As the classical pathway plays a significant role in disease pathology, claseprubart has the potential to be a best-in-class pipeline-in-a-product across a range of autoimmune disorders with high unmet need. Dianthus is building a neuromuscular franchise with claseprubart and expects to initiate a Phase 3 trial in generalized Myasthenia Gravis in mid-2026, with top-line results expected in the second half of 2028, report top-line data from the Phase 2 MoMeNtum trial in Multifocal Motor Neuropathy in the second half of 2026, and provide an update on timing of top-line data from Part B of the Phase 3 CAPTIVATE trial in Chronic Inflammatory Demyelinating Polyneuropathy by the end of 2026.

Claseprubart is an investigational agent that is not approved as a therapy in any indication in any jurisdiction worldwide.

About CIDP
Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) is an autoimmune and inflammatory disorder affecting the myelin that insulates and protects peripheral nerves. CIDP is estimated to affect more than 40,000 people in the United States. Common symptoms of the disease include weakness, loss of balance, and sensation changes in the arms or legs. In the classic or typical CIDP, there is symmetric involvement of both upper and lower limbs, characterized by weakness in the proximal (for example, shoulder region or hip region) as well as distal (for example, wrist or ankle) muscle groups. In addition, there is sensory involvement. There are several atypical forms of CIDP, characterized by varying levels of motor and sensory involvement with overlap. CIDP follows a relapsing-remitting or a progressive clinical course, which can result in substantial disability, loss of motor and sensory function, and negative impact on quality of life.

About Dianthus Therapeutics
Dianthus Therapeutics, Inc. is a clinical-stage biotechnology company dedicated to developing next-generation therapies to transform the treatment of severe autoimmune diseases. Based in New York City and Waltham, Mass., Dianthus is comprised of an experienced team of biotech and pharma executives who aim to deliver transformative medicines for people living with severe autoimmune and inflammatory diseases.

To learn more, please visit www.dianthustx.com and follow us on LinkedIn

Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this press release, other than purely historical information, may constitute “forward-looking statements” within the meaning of the federal securities laws, including for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, express or implied statements regarding future plans and prospects, including statements regarding the expectations or plans for discovery, preclinical studies, clinical trials and research and development programs, in particular with respect to claseprubart, and any developments or results in connection therewith, including the target product profile and administration of claseprubart; the anticipated timing of the initiation and results from those studies and trials; expectations regarding the clinical trial designs or indications; and expectations regarding market size, patient population size, and potential opportunities for complement therapies, in particular with respect to claseprubart. Claseprubart is an investigational agent that is not approved as a therapy in any indication in any jurisdiction worldwide. The words “opportunity,” “potential,” “milestones,” “runway,” “will,” “anticipate,” “achieve,” “near-term,” “catalysts,” “pursue,” “pipeline,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “predict,” “project,” “should,” “strive,” “would,” “aim,” “target,” “commit,” and similar expressions (including the negatives of these terms or variations of them) generally identify forward-looking statements, but the absence of these words does not mean that statement is not forward looking.

Actual results could differ materially from those included in the forward-looking statements due to various factors, risks and uncertainties, including, but not limited to, that preclinical testing of claseprubart and data from clinical trials may not be predictive of the results or success of ongoing or later clinical trials, that the preliminary interim analysis based on a limited number of patients from the Part A open-label portion of the claseprubart CAPTIVATE study in patients with CIDP may not be predictive of the results or success of the remaining patients treated in Part A or patients treated in Part B of the CAPTIVATE study, that the development of claseprubart may take longer and/or cost more than planned, that the Company or its partner may be unable to successfully complete the clinical development of the Company’s compounds, that the Company or its partner may be delayed in initiating, enrolling or completing its planned clinical trials, and that the Company's compounds may not receive regulatory approval or become commercially successful products. These and other risks and uncertainties are identified under the heading "Risk Factors" included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2025, and other filings that the Company has made and may make with the SEC in the future. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.

The forward-looking statements in this press release speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Dianthus undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Contact
Jennifer Davis Ruff
Dianthus Therapeutics
jdavisruff@dianthustx.com


FAQ

What triggered the early GO decision in Dianthus' CAPTIVATE trial (DNTH) on March 9, 2026?

The GO decision was triggered by achieving 20 confirmed responders in the interim analysis, meeting the predefined ≥50% response target. According to Dianthus, this was reached with fewer than the planned 40 participants completing Part A and was confirmed by an independent DSMB.

How did safety look in the CAPTIVATE interim data for claseprubart (DNTH)?

Safety appeared acceptable with no related serious infections or related serious adverse events reported. According to Dianthus, the independent DSMB reviewed the data and found no related serious infections, autoimmune activation symptoms, or treatment-related discontinuations.

What CAPTIVATE trial design changes did Dianthus (DNTH) announce after the GO decision?

Dianthus will keep the 300mg/2mL S.C. Q2W dose, seek removal of the 600mg/4mL arm, and reduce enrollment numbers. According to Dianthus, Part A enrollment target is up to 256 patients and Part B randomization will be 128 patients.

When does Dianthus expect top-line results for CAPTIVATE Part B (DNTH)?

The company expects CAPTIVATE Part B top-line guidance by the end of 2026. According to Dianthus, the planned study design changes aim to streamline the trial and support faster execution toward that timeline.

Will Dianthus maintain the same claseprubart dose in CAPTIVATE Part A (DNTH)?

Yes. Dianthus will maintain the 300mg/2mL S.C. Q2W dose in Part A of CAPTIVATE. According to Dianthus, this decision follows the interim responder analysis and DSMB confirmation supporting continued development at that dose.
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