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The New England Journal of Medicine Publishes Results from Phase 1/2 MARINA® Trial of Delpacibart Etedesiran (del-desiran) for Treatment of Myotonic Dystrophy Type 1

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Avidity Biosciences (Nasdaq: RNA) announced Phase 1/2 MARINA results for delpacibart etedesiran (del-desiran) in myotonic dystrophy type 1 (DM1) published in The New England Journal of Medicine on Feb 19, 2026. Treated participants showed an average ~40% reduction in DMPK mRNA and improvements in splicing, myotonia, muscle strength, mobility, and patient-reported function. Del-desiran had an acceptable safety profile overall; two serious adverse events occurred, one deemed drug-related and one led to discontinuation. The 4 mg/kg dose is in the global Phase 3 HARBOR study; topline 54-week readout expected in H2 2026.

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Positive

  • Mean ~40% reduction in DMPK mRNA across treated participants
  • Splicing improvements observed at 2 mg/kg and 4 mg/kg doses
  • Improvements in functional measures: myotonia, strength, mobility, and DM1-Activ
  • Phase 3 HARBOR fully enrolled; 54-week topline readout expected H2 2026

Negative

  • Two serious adverse events occurred; one SAE was drug-related
  • One participant discontinued in the 4 mg/kg cohort due to an SAE

Key Figures

DMPK mRNA reduction: ~40% mean reduction Participants: 38 participants Randomization ratio: 3:1 active to placebo +5 more
8 metrics
DMPK mRNA reduction ~40% mean reduction Across all del-desiran treated participants in Phase 1/2 MARINA
Participants 38 participants Adults with DM1 in Phase 1/2 MARINA trial
Randomization ratio 3:1 active to placebo Participants assigned to del-desiran or placebo
Dose level 1 mg/kg Single-dose del-desiran cohort in MARINA
Dose levels 2 mg/kg and 4 mg/kg Three-dose del-desiran cohorts in MARINA
Treatment duration 6 months MARINA Phase 1/2 del-desiran treatment period
Phase 3 dose 4 mg/kg Dose under evaluation in global Phase 3 HARBOR study
HARBOR age range 16 years and older Eligible participants in Phase 3 HARBOR DM1 trial

Market Reality Check

Price: $72.86 Vol: Volume 1,951,282 is below...
normal vol
$72.86 Last Close
Volume Volume 1,951,282 is below the 20-day average of 2,199,839 ahead of this NEJM publication. normal
Technical Price at $72.83 is trading above the 200-day MA of $51.16, near the $73.06 52-week high.

Peers on Argus

RNA is essentially flat (-0.01%) while close peers show mixed moves, from -7.08%...

RNA is essentially flat (-0.01%) while close peers show mixed moves, from -7.08% (MRUS) to +1.21% (CRSP, NUVL), indicating a stock-specific setup rather than a coordinated sector move.

Previous Clinical trial Reports

5 past events · Latest: Sep 10 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Sep 10 DMD44 Phase 1/2 data Positive -0.5% Groundbreaking del-zota Phase 1/2 results with strong dystrophin and CK changes.
Jul 28 DM1 Phase 3 enrolled Positive -4.7% HARBOR Phase 3 enrollment completion and global marketing submission plans.
Jun 09 FSHD FORTITUDE data Positive -9.9% Positive FORTITUDE Phase 1/2 topline del-brax data with functional gains.
Jun 09 FSHD AA pathway Positive -9.9% FDA opens accelerated approval path and launch of FORWARD Phase 3 study.
Apr 08 DM1 orphan Japan Positive -5.5% Orphan Drug designation for del-desiran in Japan with supportive MARINA data.
Pattern Detected

Clinical and regulatory milestones have historically been followed by negative price reactions, with same-tag events averaging -6.09% despite positive trial outcomes and designations.

Recent Company History

Over the past year, Avidity has delivered a series of positive clinical milestones across its RNA therapeutic programs. For DM1, del-desiran secured multiple regulatory designations and advanced into the global Phase 3 HARBOR trial, with enrollment completed by mid-2025. For FSHD and DMD44, del-brax and del-zota showed strong functional and biomarker data and positioned for BLA filings. Yet prior clinical trial headlines, including the MARINA and FORTITUDE programs, were often followed by negative short-term price moves, framing today’s NEJM publication in that context.

Historical Comparison

-6.1% avg move · Over the last five clinical trial updates, RNA’s average move was -6.09% despite positive data. Toda...
clinical trial
-6.1%
Average Historical Move clinical trial

Over the last five clinical trial updates, RNA’s average move was -6.09% despite positive data. Today’s NEJM MARINA publication fits the same category but has not triggered a similar negative reaction so far.

For DM1, del-desiran progressed from promising MARINA/MARINA-OLE data and multi-region designations to Japanese Orphan Drug status and full Phase 3 HARBOR enrollment. The NEJM Phase 1/2 MARINA publication adds peer-reviewed validation ahead of the planned HARBOR readout and subsequent marketing submissions.

Market Pulse Summary

This announcement details NEJM publication of Phase 1/2 MARINA results, with del-desiran achieving ~...
Analysis

This announcement details NEJM publication of Phase 1/2 MARINA results, with del-desiran achieving ~40% DMPK mRNA reduction, functional improvements and an acceptable safety profile in 38 DM1 participants. It reinforces the rationale for the ongoing Phase 3 HARBOR trial using the 4 mg/kg dose in patients aged 16+. In light of prior clinical milestones that sometimes coincided with negative moves, investors may focus on Phase 3 design, upcoming 54-week readout timing, and regulatory execution as key next checkpoints.

Key Terms

siRNA, antibody oligonucleotide conjugates, randomized, double-blind, placebo-controlled, myotonia, +2 more
6 terms
siRNA medical
"Del-desiran effectively delivered siRNA to muscle, resulting in approximately 40%..."
Small interfering RNA (siRNA) is a short strand of genetic material that binds to and destroys the messenger RNA that carries instructions for making a specific protein, effectively switching that gene off. Investors care because siRNA is a platform for precise medicines: successful trials or approvals can create high-value drugs, while delivery challenges, manufacturing complexity, patent positions and regulatory risk can sharply affect a biotech company's prospects.
antibody oligonucleotide conjugates medical
"RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs™)..."
A therapy made by chemically attaching a short strand of genetic material (an oligonucleotide) to an antibody so the antibody can carry that genetic payload directly to specific cells. Think of the antibody as a guided delivery vehicle and the oligonucleotide as a small instruction manual that can turn genes on or off. Investors care because this approach aims to increase effectiveness and reduce side effects, but it also raises development complexity, regulatory scrutiny, and potential for high reward if clinically successful.
randomized, double-blind, placebo-controlled medical
"The Phase 1/2 MARINA trial was a randomized, double-blind, placebo-controlled study..."
A "randomized, double-blind, placebo-controlled" process is a method used to test the effectiveness of a new treatment or intervention. Participants are randomly assigned to different groups, with one receiving the real treatment and the other a fake version, called a placebo. Neither the participants nor the researchers know who is receiving which, which helps ensure unbiased results. For investors, this rigorous approach increases confidence that the findings are accurate and not influenced by guesswork or bias.
myotonia medical
"improvements in multiple measures including myotonia, muscle function and strength..."
A neuromuscular condition where muscles have trouble relaxing after contracting, causing prolonged stiffness or delayed release -- imagine a handshake that your hand won’t immediately let go of. It matters to investors because myotonia drives demand for therapies, shapes clinical trial design and regulatory risk, and affects healthcare costs and patient quality of life, all of which influence a drug’s market potential and commercial value.
treatment emergent adverse events medical
"most treatment emergent adverse events (TEAEs) mild or moderate..."
Treatment emergent adverse events are any new or worsened medical problems that appear after a patient starts a drug or medical intervention during a clinical trial. Investors care because the number, severity, and frequency of these events influence safety profiles, regulatory approval chances, and market acceptance; think of them like unexpected problems that crop up after installing a software update—minor ones may be manageable, but serious or common issues can stall or derail the product.
serious AEs medical
"Two severe, serious AEs occurred in two participants in the 2 mg/kg..."
Serious adverse events (serious AEs) are medical problems experienced by participants in a clinical trial or patients using a treatment that result in death, hospitalization, disability, or another major health threat. Investors care because a rise in serious AEs can trigger regulatory action, trial halts, costly additional studies, or damage to a drug’s market prospects—similar to structural failures in a product that force recalls and reshape a company’s financial outlook.

AI-generated analysis. Not financial advice.

Del-desiran effectively delivered siRNA to muscle, resulting in approximately 40% mean reduction in DMPK mRNA and amelioration of missplicing

Treatment demonstrated improvements in multiple measures including myotonia, muscle function and strength, mobility and patient-reported outcomes

Del-desiran showed acceptable safety and tolerability with most adverse events mild or moderate

SAN DIEGO, Feb. 18, 2026 /PRNewswire/ -- Avidity Biosciences, Inc. (Nasdaq: RNA), a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs™), today announced that the final results from the completed Phase 1/2 MARINA® trial of delpacibart etedesiran (del-desiran) in people living with myotonic dystrophy type 1 (DM1) will be published in the February 19 issue of The New England Journal of Medicine (NEJM). The manuscript is titled "An Antibody Oligonucleotide Conjugate for Myotonic Dystrophy Type 1."

DM1 is an underrecognized, progressive and often fatal neuromuscular disease with no disease modifying therapies. Del-desiran is an investigational treatment designed to address the underlying genetic root cause of DM1 by reducing total levels of the toxic, DMPK (myotonic dystrophy protein kinase) mRNA. The accumulation of these toxic mRNA sequester key RNA-regulatory proteins that subsequently lead to missplicing of several downstream genes, resulting in the diverse clinical manifestations of disease.

The Phase 1/2 MARINA trial was a randomized, double-blind, placebo-controlled study designed to evaluate the safety and tolerability of single and multiple ascending doses of del-desiran administered intravenously in adults with DM1 for six months. Data were assessed from 38 participants who were randomized 3:1 to receive one dose of 1 mg/kg del-desiran, three doses of either 2 mg/kg del-desiran or 4 mg/kg del-desiran (reflected as siRNA dose), or placebo. The primary endpoint of the study was to evaluate the safety and tolerability of del-desiran. Exploratory endpoints were to evaluate the clinical activity of del-desiran across multiple efficacy measures.

"These final results from the MARINA study further reinforce del-desiran data reported thus far showing acceptable safety profile and improvements across a range of key functional assessments including myotonia, a hallmark symptom of DM1," said Nicholas E. Johnson, M.D., M.Sci., FAAN, professor and vice chair of research in the Department of Neurology at Virginia Commonwealth University, lead author and primary investigator of the MARINA trial. "DM1 is a progressive disorder that is often fatal, increases in severity from generation to generation, and impacts thousands of people and families in the U.S. alone. There is an urgent need for an approved therapy that can address the underlying genetic cause of this disease, and these del-desiran data, as well as available data from the ongoing OLE study, are very encouraging for the DM1 community."

Results from the Phase 1/2 MARINA study of del-desiran published in NEJM demonstrated:

  • Effective delivery of del-desiran (siRNA) to muscle, with a mean ~ 40% reduction in DMPK mRNA across all treated participants.
  • Splicing improvements in a key set of muscle-specific genes following treatment with del-desiran 2 mg/kg and 4 mg/kg.
  • Improvements in exploratory functional measures including:
    • Hand function/myotonia (video hand opening time, or vHOT)
    • Muscle strength (Quantitative Muscle Testing, or QMT total score)
    • Mobility (10-Meter Walk/Run Test, or 10mWRT, and Timed Up and Go test, or TUG)
    • DM1-Activ, a patient-reported outcome that measures activities of daily living (e.g., taking a shower, visiting family or friends, and walking up stairs)
  • Acceptable safety and tolerability with most treatment emergent adverse events (TEAEs) mild or moderate in participants with DM1 and did not result in discontinuation.
  • Two severe, serious AEs occurred in two participants in the 2 mg/kg and 4 mg/kg dose cohorts, with one participant discontinuing the study in the 4 mg/kg cohort. One of these SAEs was deemed drug-related.

"We are pleased that The New England Journal of Medicine recognizes the significance of the Phase 1/2 MARINA data. The favorable safety profile, coupled with robust analyses of exploratory endpoints in our del-desiran program reinforce our belief that this investigational therapy may offer a transformational treatment option for people living with DM1 and their families," said Sarah Boyce, President and Chief Executive Officer at Avidity. "We remain focused on advancing the ongoing Phase 3 HARBOR study of del-desiran, which is on track to be the first globally approved drug for DM1."

Del-desiran (4 mg/kg) is currently being assessed in the global Phase 3 HARBOR™ study in people living with DM1 who are age 16 and older and in the ongoing HARBOR open-label extension (HARBOR-OLE™) trial with all the participants who completed the Phase 1/2 MARINA trial. The global Phase 3 HARBOR study completed enrollment in July 2025 and a 54-week topline data readout is expected in the second half of 2026.

About the Phase 3 HARBOR™ Trial
The global Phase 3 HARBOR™ trial is a randomized, placebo-controlled, double blind pivotal study designed to evaluate del-desiran in approximately 150 people (age 16 and older) living with DM1. The trial is being conducted at approximately 40 sites globally. Patients are administered either del-desiran or placebo (1:1) every eight weeks. HARBOR is designed to assess multiple key functional aspects of DM1. The primary endpoint is video hand opening time (vHOT), a measurement of myotonia, which is a hallmark symptom of DM1. Key secondary endpoints include muscle strength as measured by hand grip strength and quantitative muscle testing (QMT) total score, and activities of daily living as measured by DM1-Activ. All study participants, regardless of whether they receive active treatment or placebo, have the option to enroll into the ongoing open-label extension trial. For more information about the HARBOR trial, visit http://www.clinicaltrials.gov and search for NCT06411288. For more information about the HARBOR-OLE trial, visit http://www.clinicaltrials.gov and search for (NCT07008469).

About the Phase 1/2 MARINA® Trial 
The MARINA® trial was a randomized, double-blind, placebo-controlled, Phase 1/2 clinical trial that enrolled 38 adults with DM1. The primary objective of this study was to evaluate the safety and tolerability of single and multiple ascending doses of del-desiran (AOC 1001) administered intravenously. The MARINA trial assessed the activity of del-desiran (AOC 1001) across key biomarkers, including reduction of DMPK mRNA in skeletal muscle and amelioration of aberrant alternative splicing. Though the Phase 1/2 trial was not powered to assess functional benefit, it explored the clinical activity of del-desiran (AOC 1001) in multiple measures of muscle function including myotonia, muscle strength, measures of mobility as well as patient reported outcomes and quality of life measures. Patients had the option to enroll in MARINA-OLE™, an open-label extension study, at the end of the post-treatment period. For more information on this study click here or visit http://www.clinicaltrials.gov and search for NCT05027269.   

About Myotonic Dystrophy Type 1
Myotonic dystrophy type 1 (DM1) is a rare, hereditary (autosomal dominant), progressive neuromuscular disease that shortens life expectancy and requires life-long care caused by a triplet-repeat in the DMPK gene, resulting in a toxic gain of function mRNA. The disease is highly variable with respect to severity, presentation and age of onset, however, all forms of DM1 are associated with high levels of disease burden. DM1 is characterized by multisystemic manifestations including myotonia and progressive muscle weakening and may be underrecognized because it presents heterogeneously across skeletal, cardiac, and smooth muscles, leading to impairment of the cardiovascular, gastrointestinal, respiratory, ocular, and/or endocrine systems. Currently, there are no approved drugs for people living with DM1.

About del-desiran
Del-desiran, utilizing Avidity's AOC platform technology, is designed to address the underlying genetic cause of DM1 by reducing levels of toxic DMPK mRNA. Del-desiran consists of a proprietary monoclonal antibody that binds to transferrin receptor 1 (TfR1) and is conjugated to a siRNA that targets DMPK mRNA. Del-desiran is currently being assessed in the global Phase 3 HARBOR™ trial and in the ongoing HARBOR-OLE™ trial in people with DM1. Long-term data from the MARINA-OLE trial showed reversal of disease progression in people living with DM1 across multiple endpoints including video hand opening time (vHOT) as a measure of hand function and myotonia, muscle strength and activities of daily living when compared to END-DM1 natural history data. Del-desiran has received Breakthrough Therapy, Orphan Drug and Fast Track designations by the U.S. Food and Drug Administration (FDA) and Orphan designation by the European Medicines Agency (EMA). Del-desiran was also the first investigational treatment for DM1 to receive Orphan Drug designation in Japan.

About Avidity 
Avidity Biosciences, Inc.'s mission is to profoundly improve people's lives by delivering a new class of RNA therapeutics - Antibody Oligonucleotide Conjugates (AOCs™). Avidity is revolutionizing the field of RNA with its proprietary AOCs, which are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide therapies to address targets and diseases previously unreachable with existing RNA therapies. Utilizing its proprietary AOC platform, Avidity demonstrated the first-ever successful targeted delivery of RNA into muscle and is leading the field with clinical development programs for three rare muscle diseases: myotonic dystrophy type 1 (DM1), Duchenne muscular dystrophy (DMD) and facioscapulohumeral muscular dystrophy (FSHD). Avidity is also advancing two wholly-owned precision cardiology development candidates addressing rare genetic cardiomyopathies. In addition, Avidity is broadening the reach of AOCs with its advancing and expanding pipeline including programs in cardiology and immunology through key partnerships. Avidity is headquartered in San Diego, CA. For more information about our AOC platform, clinical development pipeline and people, please visit www.aviditybiosciences.com and engage with us on LinkedIn and X.

Forward-Looking Statements
Avidity cautions readers that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on the company's current beliefs and expectations. Such forward-looking statements include, but are not limited to, statements regarding: the meaningfulness of the del-desiran data from the MARINA® study; the potential for del-desiran to offer a transformational treatment option for DM1 and become the first globally approved drug to treat DM1; the status of the clinical study of del-desiran; Avidity's plans to present additional data from the HARBOR™ study and the timing thereof; the characterization of data associated with del-desiran from the MARINA study and the impact of such data on the advancement of del-desiran; the design, goals and status of the MARINA, MARINA-OLE™ and HARBOR studies; Avidity's plans and expectations to advance its clinical programs, and the timing thereof; and Avidity's platform, planned operations and programs. The inclusion of forward-looking statements should not be regarded as a representation by Avidity that any of these plans will be achieved. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in Avidity's business and beyond its control, including, without limitation: analysis of new data may lead to conclusions different from those established in the MARINA trial of del-desiran, and such data may not meet Avidity's or regulators' expectations; unexpected adverse side effects to, or inadequate efficacy of, del-desiran that may delay or limit its development, regulatory approval and/or commercialization; later developments with the FDA and other global regulators that could be inconsistent with the feedback received to date regarding del-desiran and which could delay its currently anticipated timelines; Avidity's approach to the discovery and development of product candidates based on its AOC™ platform is unproven; potential delays in the HARBOR study; Avidity's dependence on third parties in connection with clinical testing and product manufacturing; legislative, judicial and regulatory developments in the United States and foreign countries; Avidity could exhaust its available capital resources sooner than it currently expects; and other risks described in Avidity's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and subsequent filings with the SEC. Avidity cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to update such statements to reflect events that occur or circumstances that arise after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Investor Contact:
Kat Lange
(619) 837-5014
investors@aviditybio.com

Media Contact:
Kristina Coppola
(619) 837-5016
media@aviditybio.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-new-england-journal-of-medicine-publishes-results-from-phase-12-marina-trial-of-delpacibart-etedesiran-del-desiran-for-treatment-of-myotonic-dystrophy-type-1-302692044.html

SOURCE Avidity Biosciences, Inc.

FAQ

What did Avidity (RNA) report about del-desiran DMPK mRNA reduction in Feb 2026?

Del-desiran produced an average ~40% reduction in DMPK mRNA across treated participants. According to the company, this reflects effective siRNA delivery to muscle and ties to observed splicing improvements at 2 mg/kg and 4 mg/kg doses.

How did del-desiran affect clinical measures like myotonia and mobility in the MARINA trial?

Del-desiran showed improvements in myotonia, muscle strength, and mobility in exploratory measures. According to the company, assessments included vHOT for hand myotonia, QMT total score, 10mWRT and TUG tests, and DM1-Activ patient-reported outcomes.

What safety issues did Avidity (RNA) disclose for del-desiran in the Phase 1/2 MARINA study?

Most treatment-emergent adverse events were mild or moderate, but two serious adverse events occurred. According to the company, one SAE was considered drug-related and one led to study discontinuation in the 4 mg/kg cohort.

When will Avidity (RNA) report Phase 3 HARBOR topline results for del-desiran?

The global Phase 3 HARBOR study completed enrollment July 2025 with a 54-week topline readout expected in the second half of 2026. According to the company, HARBOR is evaluating del-desiran 4 mg/kg in participants age 16 and older.

Does the NEJM publication change development plans for del-desiran at Avidity (RNA)?

The NEJM publication presents final Phase 1/2 data showing biological effect and clinical signals. According to the company, these results support advancing the ongoing Phase 3 HARBOR study and the HARBOR open-label extension program.

What dose levels of del-desiran were tested in the MARINA trial (RNA) and how were participants randomized?

MARINA randomized 38 participants 3:1 to receive 1 mg/kg single dose or three doses of 2 mg/kg or 4 mg/kg, or placebo over six months. According to the company, dosing is reflected as siRNA dose and safety was the primary endpoint.
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