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Gain Therapeutics Presents Additional Clinical and Biomarker Data from Phase 1b Clinical Study of GT-02287 and Preclinical Data from Novel Chemical Series at AD/PD 2026

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(High)
Rhea-AI Sentiment
(Positive)

Gain Therapeutics (NASDAQ: GANX) presented Phase 1b clinical and preclinical data at AD/PD 2026 supporting continued development of GT-02287 and a new chemical series led by GT-04686.

Key clinical signals include reductions in CSF glucosylsphingosine (GluSph) after 90 days, decreased CSF DOPA decarboxylase (DDC) in high‑GluSph participants, and durable MDS‑UPDRS scores through Day 150. The novel series is ready for IND‑enabling studies; the Part 1 safety profile supported a nine‑month extension expected to complete in September 2026.

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Positive

  • CSF GluSph decreased substantially after 90 days of GT-02287
  • CSF DDC levels decreased after 90 days in high‑GluSph participants
  • MDS‑UPDRS scores remained stable through Day 150 of dosing
  • 16 of 19 participants entered the nine‑month extension study

Negative

  • Phase 1b dataset is small (19 participants in Part 1)
  • Key biomarker and clinical findings described as preliminary, pending QA
  • Extension study completes in September 2026, delaying full readouts

News Market Reaction – GANX

-25.57% 3.1x vol
46 alerts
-25.57% News Effect
-32.2% Trough in 7 hr 27 min
-$35M Valuation Impact
$101M Market Cap
3.1x Rel. Volume

On the day this news was published, GANX declined 25.57%, reflecting a significant negative market reaction. Argus tracked a trough of -32.2% from its starting point during tracking. Our momentum scanner triggered 46 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $35M from the company's valuation, bringing the market cap to $101M at that time. Trading volume was very high at 3.1x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Phase 1b completers: 19 participants Extension enrollment: 16 participants Five-month completers: 14 participants +5 more
8 metrics
Phase 1b completers 19 participants Completed dosing in Part 1 of GT-02287 Phase 1b study
Extension enrollment 16 participants Chose to continue into nine-month Phase 1b extension (Part 2)
Five-month completers 14 participants Completed dosing through Day 150 in the nine-month extension
Initial dosing period 90 days Duration of GT-02287 dosing in Part 1 before extension
MDS-UPDRS difference 6.7 points Day 150 sum of MDS‑UPDRS Part II+III, high vs low GluSph baseline groups
Extension duration nine months Ongoing Phase 1b extension study for GT-02287
Expected completion September 2026 Planned completion of Phase 1b nine-month extension
AD/PD 2026 dates March 17–21, 2026 Conference window for oral and poster presentations in Copenhagen

Market Reality Check

Price: $1.95 Vol: Volume 697,165 is below 2...
normal vol
$1.95 Last Close
Volume Volume 697,165 is below 20-day average 830,941 (relative volume 0.84), suggesting no outsized trading response. normal
Technical Price $2.62 is trading above the 200-day MA at $2.16, indicating strength versus its longer-term trend before this data.

Peers on Argus

GANX was up 3.97% while close peers showed mixed moves: APLT -0.58%, CAMP +2.59%...
3 Up 1 Down

GANX was up 3.97% while close peers showed mixed moves: APLT -0.58%, CAMP +2.59%, INKT +5.16%, ALXO +5.85%, MNOV -0.68%. Momentum scanner names like CUE -6.59%, PRLD +12.83%, ALXO +9.68%, IMMX +3.51% reinforce stock‑specific rather than coordinated sector action.

Previous Clinical trial Reports

5 past events · Latest: Dec 18 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 18 Phase 1b biomarker data Positive -44.4% Reported first-ever CSF GluSph reduction and strong Phase 1b exploratory endpoint.
Oct 06 Interim Phase 1b data Positive +15.6% Presented interim Phase 1b data with MDS‑UPDRS stability and no serious AEs.
Sep 04 Dosing extension approval Positive -9.4% Australian approval for nine‑month dosing extension and positive DMC safety review.
Jun 30 Enrollment completion Positive -12.8% Completed target Phase 1b enrollment and confirmed no serious treatment-emergent AEs.
May 12 Preclinical data update Positive -1.0% Presented preclinical neuroprotection data for GT-02287 in PD models at IAPRD 2025.
Pattern Detected

Clinical-trial updates for GT-02287 have generally been positive scientifically but often met with negative price reactions, with only one of five same-tag events showing an aligned positive move.

Recent Company History

Over the past year, Gain Therapeutics has steadily advanced GT-02287 for Parkinson’s disease through a Phase 1b program. Key clinical milestones included target enrollment completion on Jun 30, 2025, dosing extension approval and positive DMC feedback on Sep 4, 2025, and initial Phase 1b data on Oct 6, 2025 showing safety and MDS‑UPDRS stability. On Dec 18, 2025, the company reported first-ever CSF GluSph reduction. Today’s AD/PD 2026 data extend this biomarker and durability story to Day 150 and highlight additional biomarker signals.

Historical Comparison

-10.4% avg move · Across 5 prior clinical-trial updates, GANX averaged a -10.4% move. The current +3.97% gain on new P...
clinical trial
-10.4%
Average Historical Move clinical trial

Across 5 prior clinical-trial updates, GANX averaged a -10.4% move. The current +3.97% gain on new Phase 1b biomarker data is milder and opposite to that past downside bias.

Clinical-trial news has progressed from enrollment completion and safety-focused extensions to increasingly detailed Phase 1b readouts, including first-ever CSF GluSph reduction and now longer-term biomarker and MDS‑UPDRS durability data supporting GT-02287’s disease-modifying potential.

Regulatory & Risk Context

Active S-3 Shelf · $100,000,000
Shelf Active
Active S-3 Shelf Registration 2025-11-07
$100,000,000 registered capacity

Gain Therapeutics has an amended Form S-3/A shelf filed on 2025-11-07, registering up to $100,000,000 of mixed securities. The shelf was not yet effective in this context and shows 0 recorded usages, indicating capacity remains available for potential future financings.

Market Pulse Summary

The stock dropped -25.6% in the session following this news. A negative reaction despite supportive ...
Analysis

The stock dropped -25.6% in the session following this news. A negative reaction despite supportive Phase 1b biomarker and durability data would fit past patterns, where clinical-trial news averaged a -10.4% move. Pressure could also reflect sensitivity to funding needs given prior going-concern disclosures and an unused $100,000,000 shelf. Investors may watch for Phase 1b extension completion in September 2026 and initiation of controlled Phase 2 studies to reassess the thesis.

Key Terms

glucosylsphingosine (glusph), cerebrospinal fluid (csf), glucocerebrosidase (gcase), allosteric, +3 more
7 terms
glucosylsphingosine (glusph) medical
"participants with elevated baseline levels of glucosylsphingosine (GluSph) in cerebrospinal fluid (CSF)"
A small molecule found in blood and other tissues that increases when the body cannot properly break down certain fats; clinicians and researchers measure it as a biological marker of disease activity. For investors it matters because changes in this marker can show whether a drug or treatment is working, help speed diagnosis, guide regulatory decisions, and influence the commercial value of therapies — like a car’s check‑engine light signaling when repairs or improvements make a real difference.
cerebrospinal fluid (csf) medical
"elevated baseline levels of glucosylsphingosine (GluSph) in cerebrospinal fluid (CSF), GluSph decreased"
Cerebrospinal fluid (CSF) is a clear liquid that surrounds and cushions the brain and spinal cord, providing protection and helping to remove waste. Although it is a medical term, in a financial context, understanding how resources and support flow within a system can be similar to how CSF circulates and maintains the health of the nervous system. Recognizing such fundamental processes can offer insights into the stability and resilience of broader systems, including financial markets.
glucocerebrosidase (gcase) medical
"allosteric glucocerebrosidase (GCase) modulators, which are ready for IND-enabling studies"
Glucocerebrosidase (GCase) is a naturally occurring enzyme that helps cells break down a specific fatty molecule inside their internal “recycling centers”; if GCase activity is low, that fat can accumulate and harm cells. Investors pay attention because genetic changes or reduced GCase function are linked to certain inherited and neurodegenerative diseases, so therapies, tests or trial results targeting GCase can strongly influence biotech valuations and clinical outlooks.
allosteric medical
"next generation of allosteric small molecule therapies"
Allosteric describes a way drugs or molecules change a biological target’s behavior by attaching at a spot separate from the main active site, causing the target to shift shape and work differently. For investors, allosteric mechanisms can mean more precise drugs with fewer side effects, fresh patent pathways and differentiated market potential, because they can fine-tune a target rather than simply switching it fully on or off—like using a dimmer knob instead of a basic light switch.
mds-updrs medical
"MDS-UPDRS scores remained stable over 150 days of dosing"
A clinician-rated scorecard used to measure the severity and progression of Parkinson’s disease symptoms, covering movement problems, daily activities and other related issues. Investors use changes in this score during clinical trials as a clear, standardized signal of a drug’s effectiveness—similar to a report card showing whether a treatment meaningfully improves patients’ lives, which can influence regulatory approval, market expectations and a company’s valuation.
ind-enabling studies regulatory
"advanced lead GT-04686, is ready for IND-enabling studies for the treatment of Parkinson’s disease"
Ind-enabling studies are early research efforts that test whether a new drug or treatment is safe and effective enough to move forward in development. They are like preliminary tests to ensure a product works as intended before investing more resources into large-scale trials. For investors, these studies are important because successful results can signal potential progress toward bringing a new product to market, impacting its future value.
alpha synuclein medical
"GCase dysfunction, has been shown to increase the aggregation of alpha synuclein"
A protein found in brain cells that can misfold and clump together, damaging the cells’ ability to work properly; these clumps are a hallmark of several neurodegenerative diseases. Investors pay attention because measuring or targeting this protein is a major path for new diagnostics and treatments, and progress or setbacks in that research can strongly affect the value and risk of companies developing related drugs — similar to how fixing a key engine part can make or break an automaker’s prospects.

AI-generated analysis. Not financial advice.

Additional biomarker analysis reveals higher CSF levels of DOPA decarboxylase (DDC – an emerging PD biomarker) at baseline with a reduction following 90 days of dosing with GT-02287 in individuals with high baseline CSF glucosylsphingosine

Additional MDS-UPDRS data demonstrate continued durability at day 150 of GT-02287 administration

Novel chemical series, headlined by advanced lead GT-04686, is ready for IND-enabling studies for the treatment of Parkinson’s disease and other neurological disorders

BETHESDA, Md., March 18, 2026 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today announced the presentation of an oral presentation and poster at AD/PD™ 2026 International Conference on Alzheimer’s and Parkinson’s Disease and Related Neurological Disorders , being held March 17-21, 2026, in Copenhagen, Denmark. The oral presentation outlined new clinical and biomarker data from the Phase 1b clinical study of GT-02287 further supporting disease-modifying potential in both idiopathic and GBA1 Parkinson’s disease. The Company also presented a poster outlining preclinical data from a structurally distinct chemical series of allosteric glucocerebrosidase (GCase) modulators, which are ready for IND-enabling studies for the treatment of Parkinson’s disease (PD) and other neurological disorders.

AD/PD Oral Presentation

The oral presentation, entitled, “An Open-Label Phase 1b Study of GT-02287 in Parkinson’s Disease,” was delivered on-site by the Company’s Chief Medical Officer, Jonas Hannestad, M.D., Ph.D. Data on safety, tolerability, biomarkers, and clinical scores from the completed Part 1 of the study support continued development of GT-02287 for PD. Of the 19 participants who completed dosing in Part 1, 16 chose to continue in the ongoing nine-month extension (Part 2), further supporting the tolerability of GT-02287. A Data Monitoring Committee meeting on March 5, 2026, concluded that the study should continue without any changes.

As previously presented in January 2026, in all participants with elevated baseline levels of glucosylsphingosine (GluSph) in cerebrospinal fluid (CSF), GluSph decreased substantially after 90 days of treatment with GT-02287. Elevated GluSph, a result of GCase dysfunction, has been shown to increase the aggregation of alpha synuclein and to impair mitochondrial and lysosomal function in neurons.

As of March 10, 2026, of the 16 participants enrolled in the ongoing nine-month extension, 14 had completed dosing for five months (Day 150). MDS-UPDRS scores remained stable over 150 days of dosing. Preliminary data (subject to quality assurance) suggests that participants with elevated baseline levels of GluSph in CSF continued to benefit more than those with low baseline levels of GluSph in CSF, with a difference of 6.7 points in the sum of MDS-UPDRS Part II and Part III scores between the two groups at Day 150.

Additionally, in individuals with high levels of CSF GluSph at baseline, levels of DOPA decarboxylase (DDC) decreased following 90 days of treatment with GT-02287. DDC is responsible for converting levodopa into dopamine in the brain and peripheral nervous system and is elevated in the CSF of people with Parkinson’s – likely due to dopaminergic neuron dysfunction.

Gene Mack, President and CEO of Gain Therapeutics, commented on the results, saying, “We are encouraged by the evolving biomarker evidence in the Phase 1b clinical study of GT-02287 in Parkinson’s disease that suggests GT-02287 is targeting the causative biology of PD. Building on our previously reported reduction of GluSph in CSF, this additional data shows a correlation between decreased levels of GluSph, decreased levels of DDC, and improvements in MDS-UPDRS scores associated with treatment with GT-02287.” He continued, “Importantly, MDS-UPDRS scores remained stable and durable across the overall study population after 150 days of treatment with GT-02287, which we view as an encouraging signal in this progressive neurological disorder. The totality of the data continues to support the potential of GT-02287 in both idiopathic and GBA1 Parkinson’s disease and we hope to one day shift the treatment paradigm away from symptomatic relief and to disease modification.”

Jonas Hannestad, Chief Medical Officer of Gain Therapeutics, stated, “We are continuing to follow patients in the Phase 1b nine-month extension study that is expected to complete in September 2026 and look forward to presenting further data at scientific conferences throughout the balance of the year.”

AD/PD Poster Presentation

The poster, titled, “Novel Allosteric GCase Modulators, Different From the Clinical Stage GT-02287, for the Treatment of Parkinson’s Disease,” was presented on-site by the Company’s Head of Research Ana Maria Garcia-Collazo, Ph.D. The new, orally available, brain penetrant chemical series – led by GT-04686 – demonstrates potential for future clinical development, as evidenced by restoration of key biological activities that are impaired in Parkinson’s disease.

These findings together support advancement of this novel chemical series towards the clinic and the potential to be developed for PD and other indications where GCase deficiency is implicated.

“Our proprietary Magellan™ drug discovery platform has yielded novel GCase allosteric modulators that have generated promising preclinical data in Parkinson’s disease models. We look forward to further development of these novel, structurally distinct compounds and continued deployment of Magellan™ to identify leads targeting other neurodegenerative and rare diseases,” said Joanne Taylor, Ph.D., Senior Vice President of Research at Gain.

A PDF of the poster presented at AD/PD 2026 is available on the Science and Technology section of the Company’s website at https://gaintherapeutics.com/science-and-technology/posters.

About GT-02287
Gain Therapeutics’ lead drug candidate, GT-02287, is in clinical development for the treatment of Parkinson’s disease (PD) with or without a GBA1 mutation. The orally administered, brain-penetrant small molecule is an allosteric enzyme modulator that restores the function of the lysosomal enzyme glucocerebrosidase (GCase) which becomes misfolded and impaired due to mutations in the GBA1 gene, the most common genetic abnormality associated with PD, or other age-related stress factors.

In preclinical models of PD, GT-02287 restored GCase enzymatic function, reduced ER stress, lysosomal and mitochondrial pathology, aggregated α-synuclein, neuroinflammation and neuronal death, as well as plasma neurofilament light chain (NfL) levels, a biomarker of neurodegeneration. In rodent models of both GBA1-PD and idiopathic PD, GT-02287 was shown to rescue deficits in motor function and gait and prevent the development of deficits in complex behaviors such as nesting. Compelling data in these models, demonstrating a disease-modifying effect of GT-02287, suggest that the drug candidate may have the potential to slow or stop the progression of Parkinson’s disease.

Results from a Phase 1 study of GT-02287 in healthy volunteers demonstrated favorable safety and tolerability, plasma and CNS exposures in the projected therapeutic range, and target engagement with an increase in GCase activity among those receiving GT-02287 at clinically relevant doses.

GT-02287 is currently being evaluated in a Phase 1b clinical trial for the treatment of Parkinson’s disease with or without a GBA1 mutation. The primary endpoint of the trial, which enrolled participants across seven sites in Australia, is to evaluate the safety and tolerability of GT-02287 after three months of dosing in people with Parkinson’s disease. The recently commenced Phase 1b study extension allows participants to continue to be treated with GT-02287 for up to a total of 12 months.

Initial results from the Phase 1b clinical trial in people with Parkinson’s disease demonstrated central nervous system target engagement, a reduction to baseline levels in the prespecified endpoint glucosylsphingosine (GluSph), and improvement or stabilization in MDS-UPDRS scores.

Gain’s lead program in Parkinson’s disease has been awarded funding support early in its development from The Michael J. Fox Foundation for Parkinson’s Research (MJFF) and The Silverstein Foundation for Parkinson’s with GBA, as well as from the Eurostars-2 joint program with co-funding from the European Union Horizon 2020 research and Innosuisse – Swiss Innovation Agency.

About Gain Therapeutics, Inc.
Gain Therapeutics, Inc. is a clinical-stage biotechnology company leading the discovery and development of next generation allosteric therapies. Gain’s lead drug candidate, GT-02287 is currently being evaluated for the treatment of Parkinson’s disease with or without a GBA1 mutation in a Phase 1b clinical trial. GT-02287 has further potential in Gaucher’s disease, dementia with Lewy bodies, and Alzheimer’s disease. Gain has multiple undisclosed preclinical assets targeting lysosomal storage disorders, metabolic diseases, and solid tumors.

Gain’s unique approach enables the discovery of novel, allosteric small molecule modulators that can restore or disrupt protein function. Deploying its highly advanced Magellan™ platform, Gain is accelerating drug discovery and unlocking novel disease-modifying treatments for untreatable or difficult-to-treat disorders including neurodegenerative diseases, rare genetic disorders and oncology.

Forward-Looking Statements
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. Such forward-looking statements include, but are not limited to, statements regarding: the development of the Company’s current or future product candidates including GT-02287 and GT-04686; expectations regarding the completion and timing of results from a Phase 1b clinical study for GT-02287, including any extension studies; expectations regarding the timing of patient enrollment for a Phase 1b clinical study for GT-02287, including any extension studies; the timing of any submissions to the FDA or other regulatory bodies and agencies and the timing of any responses from the FDA or other regulatory bodies and agencies; the timing of the commencement of any Phase 2 clinical studies for GT-02287; and the potential therapeutic and clinical benefits of the Company’s product candidates, including GT-02287 and GT-04686. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the Company’s business in general, please refer to the Company’s Form 10-K for the year ended December 31, 2024, and other filings made with the SEC. 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 because of new information, future events or otherwise.

Investors:
Gain Therapeutics, Inc. 
Apaar Jammu 
Director, Investor Relations and Public Relations
ajammu@gaintherapeutics.com

LifeSci Advisors LLC
Chuck Padala
Managing Director
chuck@lifesciadvisors.com

Media:
Russo Partners LLC
Nic Johnson and Elio Ambrosio
nic.johnson@russopartnersllc.com
elio.ambrosio@russopartnersllc.com
(760) 846-9256


FAQ

What did Gain Therapeutics (GANX) report about GT-02287 biomarker changes at AD/PD 2026?

GT-02287 showed reduced CSF GluSph after 90 days and decreased DDC in high‑GluSph participants. According to Gain Therapeutics, these biomarker changes correlated with clinical signal durability through Day 150 and support continued development in PD.

How durable were clinical scores for GT-02287 in the Phase 1b study (GANX) at Day 150?

MDS‑UPDRS scores remained stable and durable through Day 150 of dosing with GT-02287. According to Gain Therapeutics, this stability across the treated population is viewed as an encouraging signal in a progressive disorder.

What is the status of the Phase 1b extension study for GT-02287 (GANX) and timing for completion?

The Phase 1b nine‑month extension is ongoing and expected to complete in September 2026. According to Gain Therapeutics, 16 of 19 Part 1 participants entered the extension, with many completing five months of dosing as of March 10, 2026.

What preclinical progress did Gain Therapeutics (GANX) announce about the GT-04686 chemical series?

A structurally distinct, brain‑penetrant series led by GT-04686 is ready for IND‑enabling studies. According to Gain Therapeutics, preclinical data showed restoration of key biological activities supporting future clinical development for PD and related disorders.

Are the Phase 1b GT-02287 results final and definitive for regulatory decisions (GANX)?

No, the results are preliminary and subject to quality assurance and further follow‑up. According to Gain Therapeutics, a Data Monitoring Committee recommended continuation, and additional data will be collected through the extension finishing in September 2026.
Gain Therapeutics, Inc.

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