Regulus Therapeu - RGLS STOCK NEWS

Regulus Therapeutics (Nasdaq: RGLS) reported positive Q2 2024 results and updates for its ADPKD treatment, RGLS8429. Key highlights include:

- Positive topline data from the third cohort of the Phase 1b MAD study
- Advancement to the fourth cohort with 300 mg dosing
- Plans for an End-of-Phase 1 FDA meeting by year-end
- Appointment of Dr. Rekha Garg as Chief Medical Officer
- $95.9 million in cash, extending runway into H1 2026

Financials: R&D expenses increased to $8.3 million, G&A expenses rose to $4.0 million, and net loss was $11.0 million ($0.17 per share) for Q2 2024. The company aims to discuss a potential pivotal Phase 2/3 study under an Accelerated Approval pathway with the FDA.

Regulus Therapeutics (Nasdaq: RGLS), a biopharmaceutical company specializing in microRNA-targeted medicines, has announced its participation in the Canaccord Genuity 44th Annual Growth Conference. The company's management team is scheduled to present on Tuesday, August 13th at 8:30 a.m. ET.

Investors and interested parties can access a replay of the live presentation through the investor relations section of Regulus Therapeutics' website at https://ir.regulusrx.com/events. The replay will be available under the "Events and Presentations" tab and will remain archived for 90 days following the presentation date.

Regulus Therapeutics, a biopharmaceutical firm focusing on microRNA-targeted medicines, announced its participation in two key healthcare investment conferences. The company will present at the H.C. Wainwright Third Annual Kidney Virtual Conference on July 15, 2024, at 10:30 a.m. ET, and later at the JonesHealthcare Seaside Summit at 4:00 p.m. ET the same day. During these events, Regulus will provide a corporate update and share new analyses from the third cohort of its Phase 1b clinical trial of RGLS8429, targeting autosomal dominant polycystic kidney disease (ADPKD). The presentations will be accessible live and as replays on the company's website for 90 days.

Regulus Therapeutics announced positive topline results from the third cohort of its Phase 1b multiple-ascending dose (MAD) clinical trial of RGLS8429 for treating autosomal dominant polycystic kidney disease (ADPKD). The trial evaluated safety, tolerability, pharmacokinetics, and pharmacodynamics of RGLS8429 across different doses. Key findings include a significant dose response in urinary biomarkers PC1 and PC2 at 3 mg/kg compared to placebo, and a reduction in total kidney volume in 70% of patients. The drug was well tolerated with no safety concerns. Enrollment for the fourth cohort is underway, with plans for a potentially pivotal Phase 2/3 study under discussion with the FDA.

Regulus Therapeutics (Nasdaq: RGLS) announced its expected inclusion in the Russell 3000® and Russell 2000® Indexes effective July 1, 2024, according to a preliminary list. This annual reconstitution captures the 4,000 largest US stocks by market capitalization as of April 30, 2024. Membership in the Russell 3000® Index means automatic inclusion in the large-cap Russell 1000® or small-cap Russell 2000® Indexes as well as growth and value style indexes. CEO Jay Hagan highlighted this achievement as a reflection of the company's forward momentum and the value of its pipeline, including the RGLS8429 program for ADPKD treatment. Russell indexes are important benchmarks for investment managers, with approximately $10.5 trillion in assets benchmarked against them as of December 2023.

Regulus Therapeutics (Nasdaq: RGLS) announced the promotion of Rekha Garg, M.D., M.S., to Chief Medical Officer, effective May 16, 2024. Previously, Dr. Garg was the Senior Vice President of Clinical Development and Regulatory. She has been with Regulus since 2022 and has played a key role in advancing RGLS8429, a treatment for Autosomal Dominant Polycystic Kidney Disease (ADPKD). Dr. Garg has over 20 years of experience in the biopharma industry, holding senior roles at Sanifit Therapeutics, Infinity Pharmaceuticals, Amgen, and Eli Lilly. She holds a B.A. in Biology, an M.D. from the Medical College of Ohio, and an M.S. in Epidemiology from the University of Maryland School of Medicine.

Regulus Therapeutics Inc. reported financial results for Q1 2024, showing a cash position of $107.7 million with a cash runway into H1 2026. The company initiated the fourth cohort in the Phase 1b MAD study of RGLS8429 for ADPKD, with topline data expected in mid-2024. Positive topline data from the second cohort indicated promising results in reducing kidney volume in patients with ADPKD. The company also closed an oversubscribed $100 million private placement in March 2024.

Regulus Therapeutics Inc. announced the advancement to cohort 4 of the Phase 1b Clinical Trial of RGLS8429 for the treatment of ADPKD. The study will evaluate the safety, efficacy, and impact on total kidney volume in patients with this disease. Positive data from previous cohorts has paved the way for this advancement, with potential for a pivotal Phase 2 trial. The trial aims to assess changes in urinary polycystins, kidney volume, cyst architecture, and overall kidney function.

Regulus Therapeutics Inc. will participate in the Canaccord Genuity Genetic Medicine for Generalists Webcast Series, with CEO Jay Hagan and President Preston Klassen, M.D. The event, hosted by Whitney Ijem on May 1, 2024, at 1:00 p.m. ET, will be live and available for replay on the company's investor relations website for 90 days.