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Graviton BioScience Announces Clearance of Investigational New Drug (IND) for GV101 for the Treatment of Friedreich's Ataxia

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(Very Positive)
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Graviton BioScience received FDA Investigational New Drug (IND) clearance on August 7, 2026 for a novel capsule formulation of GV101, a selective ROCK2 inhibitor being developed as an oral treatment for Friedreich's ataxia (FA). The clearance allows initiation of a randomized, placebo-controlled, 12-week Phase 2 trial, enrolling up to 48 participants at multiple U.S. and international sites starting in the first quarter of 2027. According to Graviton BioScience, GV101 has shown favorable safety in over 500 clinical participants and has increased frataxin mRNA and protein levels in preclinical and clinical studies, supporting its potential as a disease-modifying therapy targeting the underlying frataxin deficiency in FA.

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Positive

  • FDA IND clearance for GV101 capsule on August 7, 2026, enabling Phase 2 in FA
  • Planned 12-week Phase 2 trial with up to 48 participants, randomized and placebo-controlled
  • GV101 clinical exposure in 500+ participants up to 24 weeks, with extensions beyond one year
  • Phase 1 data showed improved PK and oral bioavailability for GV101 capsule in healthy volunteers
  • GV101 increased frataxin mRNA and protein levels in multiple preclinical and clinical systems

Negative

  • None.

News Explained

The planned Phase 2 trial will test the capsule formulation’s dose range, safety, tolerability, and frataxin-level response; participants may continue approved standard-of-care treatment, with enrollment expected in the first quarter of 2027.

Market Context

At publication, peer prices were mixed: KROS fell 4.13% while ORKA rose 8.89%. MGTX’s historical new...
Analysis

At publication, peer prices were mixed: KROS fell 4.13% while ORKA rose 8.89%. MGTX’s historical news reactions also varied; recent insider activity was net selling, a risk to monitor.

Key Figures

IND clearance date: August 7, 2026 FDA review period: 30 days Trial duration: 12 weeks +5 more
8 metrics
IND clearance date August 7, 2026 GV101 capsule formulation
FDA review period 30 days IND application review
Trial duration 12 weeks Planned Phase 2 study
Planned enrollment Up to 48 participants Randomized, placebo-controlled Phase 2 trial
Prior clinical exposure More than 500 participants GV101 clinical studies
Study exposure duration Up to 24 weeks Prior GV101 clinical studies
Extension duration Exceeding one year GV101 extension studies
Expected enrollment start First quarter of 2027 Planned Phase 2 study

Historical Context

5 past events · Latest: Aug 06 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 06 Inducement grant Neutral +2.2% Equity awards approved for a new employee under Nasdaq listing rules.
Jul 07 Strategic investment Positive +5.5% Up to $400 million investment supported gene therapy development and commercialization.
May 14 Inducement grant Neutral -5.5% Equity awards approved for the incoming Chief Development Officer.
May 14 Earnings report Neutral -0.2% Quarterly results included pipeline, financing, deal, and regulatory updates.
Apr 16 Public offering Negative -15.7% Underwritten offering priced 11,111,111 ordinary shares for approximately $100 million.

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

Pattern Detected

Historical reactions were mostly aligned with event direction, with one notable divergence among the five selected events.

Key Terms

investigational new drug, pharmacokinetic, oral bioavailability, peripheral blood mononuclear cells
4 terms
investigational new drug regulatory
"received Investigational New Drug (IND) clearance from the U.S. Food and Drug Administration"
An investigational new drug is a medication that is still being tested in clinical trials to determine if it is safe and effective for treating a specific condition. For investors, it represents a potential breakthrough that could lead to a new treatment and significant financial gains if successful, but also carries risks since it has not yet been approved for widespread use.
pharmacokinetic medical
"demonstrated improved pharmacokinetic (PK) properties and oral bioavailability"
Pharmacokinetic describes how a drug moves through and leaves the body — how it is absorbed, spread to tissues, broken down and excreted — like tracking a package from pickup to delivery and disposal. For investors, these properties determine effective dose, safety risks, how often a medicine must be taken, and how reliably it works, which in turn influence clinical trial success, regulatory approval chances, production complexity and a drug’s commercial value.
oral bioavailability medical
"demonstrated improved pharmacokinetic (PK) properties and oral bioavailability"
Oral bioavailability is the share of a pill or liquid medicine that survives the digestive system and reaches the bloodstream to have an effect. It matters to investors because low bioavailability can mean higher doses, more side effects, tougher manufacturing, and greater clinical or regulatory risk, all of which affect a drug’s cost, pricing and commercial prospects—like ordering a package and finding only part of it arrives.
peripheral blood mononuclear cells medical
"patient-derived peripheral blood mononuclear cells (PBMCs)"
Peripheral blood mononuclear cells (PBMCs) are a mixed group of immune cells—like white blood cells—drawn from a blood sample that researchers use to study immune response, test vaccines, or develop cell-based therapies. They matter to investors because results derived from PBMC tests can indicate whether a drug or therapy is engaging the immune system as intended, much like a car’s dashboard lights reveal how well the engine components are working.

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

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  • Graviton received Investigational New Drug (IND) clearance from the U.S. Food and Drug Administration (FDA) for a novel capsule formulation of GV101 on August 7, 2026.
  • FDA clearance marks a critical regulatory milestone in advancing this formulation of GV101, a capsule with improved PK and oral availability, into human trials for Friedreich's ataxia (FA).
  • GV101 is a best-in-class selective ROCK2 inhibitor that increases frataxin protein levels, a therapeutic approach with potential disease-modifying effects in Friedreich's ataxia.

NEW YORK, Aug. 11, 2026 /PRNewswire/ -- Graviton BioScience Corporation, a privately held, clinical-stage biotechnology company developing a diverse pipeline of therapeutics, including selective ROCK2 inhibitors for metabolic, inflammatory, fibrotic, and central nervous system disorders, announced that the U.S. Food and Drug Administration (FDA) has cleared an Investigational New Drug (IND) application for a novel capsule formulation of GV101, a proprietary oral ROCK2 inhibitor being developed for Friedreich's ataxia (FA). This new formulation of GV101 was specifically optimized for development in FA and other potential orphan indications. Preclinical and clinical studies have demonstrated that GV101 increases frataxin protein levels, which is a potentially disease modifying therapeutic approach that addresses the root cause of Friedreich's ataxia (FA). Following the FDA's 30-day review period, Graviton received IND clearance on August 7, 2026, enabling the initiation of a Phase 2 clinical study in individuals living with FA.

"Our preclinical work has suggested that ROCK2 inhibition in cells derived from FA patients increased frataxin significantly. ROCK2 inhibition also increased frataxin in PBMCs in patients receiving GV101 in an obesity study. We believe, therefore, that this induction of frataxin by GV101 may become an orally available disease modifying agent." Rui Wu, Head of Research and Preclinical

Planned Phase 2 Study in Friedreich's Ataxia

GV101 is one of Graviton's proprietary investigational oral ROCK2 inhibitors advancing within the Company's broader development pipeline. The planned Phase 2 study will utilize a novel capsule formulation of GV101 that demonstrated improved pharmacokinetic (PK) properties and oral bioavailability in healthy volunteers in a Phase 1 study. This formulation of GV101 is being developed as a potential treatment for Friedreich's ataxia, a rare genetic disease driven by deficient frataxin production.

Graviton now plans to initiate a 12-week, randomized, placebo-controlled, dose-finding Phase 2 trial enrolling up to 48 participants at multiple sites in the United States and internationally. The study is designed to evaluate the efficacy, safety, and tolerability of a range of GV101 capsule doses in individuals living with Friedreich's ataxia. The primary endpoint is an increase from baseline in frataxin levels measured in patients' cells.

The Phase 2 study will be followed by an open-label extension, offering active drug to all participants who complete the 12-week trial. Participants will be able to continue receiving their existing FDA-approved standard-of-care treatment throughout the study while taking GV101. Enrollment is expected to begin in the first quarter of 2027.

GV101 Development Highlights

GV101 has demonstrated a favorable safety and tolerability profile in preclinical and clinical studies. More than 500 participants have received GV101 in clinical studies for durations of up to 24 weeks, with extension studies exceeding one year. In a Phase 1 multiple ascending dose study in healthy volunteers, GV101 achieved clinically relevant exposure and demonstrated a favorable safety and tolerability profile.

Preclinical and clinical studies have also demonstrated that GV101 increases both frataxin mRNA and protein levels in patient-derived B-lymphocytes and fibroblasts. Consistent with these findings, oral ROCK2 inhibition with GV101 increased frataxin levels in vivo in an obesity study that evaluated patient-derived peripheral blood mononuclear cells (PBMCs).

Collectively, these results provide evidence that ROCK2 inhibition may increase frataxin expression across multiple experimental systems. Increasing frataxin protein levels has the potential to move patients toward levels observed in asymptomatic carriers, supporting GV101's potential as a disease-modifying therapy aimed at addressing the underlying cause of Friedreich's ataxia.

About Friedreich's Ataxia

Friedreich's ataxia (FA) is a rare, inherited, progressive neurodegenerative disease affecting approximately 5,000 people in the United States and an estimated 15,000 people worldwide, qualifying it as an orphan disease. Friedreich's ataxia is caused by GAA trinucleotide repeat expansions in the FXN gene that result in reduced production of frataxin, a protein essential for mitochondrial function and cellular energy production. Symptoms typically begin in childhood or adolescence and worsen over time, affecting coordination, balance, speech, muscle strength, and mobility. Many individuals eventually become wheelchair-dependent and may develop serious complications, including cardiomyopathy, cardiac arrhythmias, diabetes, and difficulties with swallowing and speech. Significant unmet need remains for treatments that address the underlying frataxin deficiency that drives the disease.

About GV101

GV101 is a clinical-stage, best-in-class, selective inhibitor of Rho/Rho-associated coiled-coil containing protein kinase 2 (ROCK2). ROCK2 is a key regulator of multiple cellular pathways involved in inflammation, fibrosis, metabolism, and gene expression. Through selective inhibition of ROCK2, GV101 has demonstrated the potential to modulate disease-relevant biological processes, including increasing frataxin production, a key factor in Friedreich's ataxia.

About Graviton BioScience

Graviton BioScience Corporation is a clinical-stage drug discovery and development company dedicated to engineering and developing best-in-class therapeutics for treating metabolic, CNS, inflammatory, fibrotic, and other disease indications. Graviton has developed a portfolio of selective ROCK2 inhibitors among other safe, innovative, and novel therapies for patients with fibrotic, autoimmune, and CNS diseases. GV101 is in clinical studies, with additional assets advancing through the pipeline. Leading the Company is Dr. Samuel Waksal, the founder and former Chairman and CEO of Kadmon Pharmaceuticals (acquired by Sanofi). Dr. Waksal is also the founder and former CEO of ImClone Systems (acquired by Eli Lilly) and a founder of MeiraGTx (NASDAQ: MGTX).

Forward-Looking Statements

This press release contains forward-looking statements regarding Graviton's development plans, regulatory strategy, and potential future clinical applications for its selective ROCK2 inhibitors. Such statements are subject to risks and uncertainties, including, but not limited to, biological, clinical, regulatory, financial, and operational risks. Actual results may differ materially.

Graviton BioScience Contact
Melanie Glickman
Senior Associate, Operations Strategy
Melanie.Glickman@gravitoncorp.com

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SOURCE Graviton Bioscience Corporation

FAQ

What did Graviton BioScience announce about GV101 for Friedreich's ataxia (MGTX) on August 11, 2026?

Graviton BioScience announced FDA IND clearance for its GV101 capsule for Friedreich's ataxia. According to Graviton BioScience, this clearance enables a Phase 2 trial evaluating safety, tolerability and frataxin increases, using a formulation optimized for FA and other potential orphan indications.

What is GV101 and how does it work in Friedreich's ataxia according to Graviton BioScience?

GV101 is a selective ROCK2 inhibitor designed to increase frataxin protein levels in Friedreich's ataxia. According to Graviton BioScience, preclinical and clinical studies show GV101 raises frataxin mRNA and protein in patient-derived cells, targeting the root frataxin deficiency that drives FA.

What are the key design features of the GV101 Phase 2 trial in Friedreich's ataxia (MGTX)?

The GV101 Phase 2 trial will be 12 weeks, randomized, placebo-controlled and dose-finding, with up to 48 participants. According to Graviton BioScience, it will run at multiple U.S. and international sites, assessing efficacy, safety, tolerability and frataxin increases as the primary endpoint.

When will enrollment start for the GV101 Phase 2 Friedreich's ataxia study linked to MGTX?

Enrollment for the GV101 Phase 2 Friedreich's ataxia study is expected to begin in the first quarter of 2027. According to Graviton BioScience, the study follows FDA IND clearance obtained on August 7, 2026, and will include an open-label extension phase.

What safety data exist for GV101 before the Phase 2 Friedreich's ataxia trial?

GV101 has been given to more than 500 clinical participants for up to 24 weeks, with longer extensions. According to Graviton BioScience, these preclinical and clinical studies showed a favorable safety and tolerability profile and clinically relevant exposure in a Phase 1 multiple ascending dose study.

Will patients in the GV101 Phase 2 Friedreich's ataxia trial continue standard-of-care treatments?

Yes, participants may continue existing FDA-approved standard-of-care treatments while taking GV101 in the study. According to Graviton BioScience, the 12-week randomized trial will be followed by an open-label extension offering active GV101 to all completers.

Why is increasing frataxin important for Friedreich's ataxia patients in the GV101 program?

Increasing frataxin is important because FA is driven by deficient frataxin due to FXN gene repeat expansions. According to Graviton BioScience, GV101-induced frataxin increases may move patients toward levels seen in asymptomatic carriers, supporting potential disease-modifying effects.