STOCK TITAN

Rein Therapeutics Expands Phase 2 RENEW Trial into United Kingdom

(Moderate)
(Positive)

Rein Therapeutics (NASDAQ:RNTX) reported progress in its Phase 2 RENEW trial evaluating LTI-03 in idiopathic pulmonary fibrosis (IPF). The first patient has been randomized in the United Kingdom, bringing total enrollment to 16 patients across the United States, Australia, and the UK.

According to Rein Therapeutics, clinical sites in two additional countries are expected to start enrollment in the coming months, further expanding the global footprint of the RENEW study.

Loading...
Loading translation...

Positive

  • Phase 2 RENEW trial of LTI-03 in IPF has enrolled 16 patients
  • First patient randomized in the United Kingdom, expanding trial geography
  • Active clinical trial sites now enrolling in United States, Australia, and United Kingdom
  • Two additional countries expected to join the Phase 2 RENEW trial in coming months

Negative

  • None.

News Market Reaction – RNTX

+0.56%
14 alerts
+0.56% Session close to close
+7.8% Peak in 1 hr 43 min
$88.96M Market Cap
0.6x Rel. Volume

In the Jun 11 session, RNTX gained 0.56%, reflecting a mild positive market reaction. Argus tracked a peak move of +7.8% during that session. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights continued execution in the Phase 2 RENEW trial, with 16 patients enroll...
Analysis

This announcement highlights continued execution in the Phase 2 RENEW trial, with 16 patients enrolled and active sites across multiple countries. Prior clinical and regulatory milestones for LTI-03 often met subdued market responses, despite steady progress. Investors may watch future updates on enrollment pace, timing of interim data, and the company’s use of recently raised $57.5 million to complete the 120-patient IPF study.

Key Figures

Patients enrolled: 16 patients Planned enrollment: 120 patients Trial duration: 24-week trial +4 more
7 metrics
Patients enrolled 16 patients Phase 2 RENEW trial enrollment to date
Planned enrollment 120 patients Target size for Phase 2 RENEW trial in IPF
Trial duration 24-week trial Phase 2 RENEW study design for LTI-03
Quarterly net loss $5.8 million Net loss for quarter ended March 31, 2026
Cash and equivalents $4.4 million Cash balance as of March 31, 2026, before May offering
Underwritten offering $57.5 million Gross proceeds from May 2026 common stock offering
Accumulated deficit $407.1 million Accumulated deficit reported in May 2026 10-Q

Previous Clinical trial Reports

5 past events · Latest: Apr 29 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 29 Enrollment update Positive -12.1% Reported 8 patients enrolled and imminent expansion of sites into UK and Germany.
Mar 03 First patient dosed Positive -3.4% Announced first patient dosing in randomized, double-blind, placebo-controlled Phase 2 IPF trial.
Jan 20 Orphan designation Positive -0.8% EU granted orphan drug designation for LTI-03 in idiopathic pulmonary fibrosis.
Oct 09 EMA trial approval Positive -1.4% Received EMA authorization to initiate global Phase 2 RENEW trial in Germany and Poland.
Aug 19 UK trial approval Positive -2.6% Won UK MHRA approval to launch 24-week Phase 2 RENEW trial in 120 IPF patients.

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

Pattern Detected

Clinical and regulatory updates for LTI-03 have consistently been followed by negative next-day price reactions despite generally constructive trial progress.

Recent Company History

Over the past year, Rein has steadily advanced LTI-03 for IPF through regulatory clearances and trial milestones. Events include U.K. and EMA approvals to start Phase 2, European orphan drug designation, first patient dosing, and subsequent enrollment updates. Despite these steps, each of the last 5 clinical-trial-related announcements saw negative 24-hour price moves, underscoring a pattern of weak market reaction to development progress.

Key Terms

idiopathic pulmonary fibrosis, orphan drug designation, placebo-controlled, double-blind, +2 more
6 terms
idiopathic pulmonary fibrosis medical
"LTI-03 in idiopathic pulmonary fibrosis (IPF)"
Idiopathic pulmonary fibrosis is a chronic lung disease in which the air‑carrying tissue becomes progressively thickened and scarred for no identifiable reason, making the lungs stiff and less able to move oxygen—similar to a sponge that hardens and loses its pores. It matters to investors because it is life‑limiting with limited effective treatments, so clinical trial outcomes, regulatory approvals, pricing and reimbursement decisions can strongly affect the commercial value of therapies and the financial prospects of companies developing treatments.
orphan drug designation regulatory
"announced that the European Commission granted orphan drug designation"
Orphan drug designation is a special status given to medicines developed to treat rare diseases affecting only a small number of people. This status often provides benefits like faster approval processes and financial incentives, making it more attractive for companies to develop these drugs. For investors, it signals potential for exclusive market rights and reduced competition, which can impact the drug’s profitability.
placebo-controlled medical
"randomized, double-blind, placebo-controlled Phase 2 trial of LTI-03"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
double-blind medical
"randomized, double-blind, placebo-controlled Phase 2 trial of LTI-03"
A double-blind process means that neither the people conducting an activity nor the people involved know certain key details, such as who is receiving a treatment or a placebo. This approach helps prevent bias from influencing the results, making the outcome more trustworthy. For investors, it ensures that decisions or judgments are based on unbiased information rather than preconceived opinions or expectations.
warrants financial
"position includes 420,000 warrants that are subject to a blocker provision"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
View in glossary
series x preferred stock financial
"beneficial-ownership blocker tied to the Series X Preferred Stock"
Series X preferred stock is a specific class of company shares that gives holders priority over common shareholders for dividend payments and payout if the company is liquidated, often with a set dividend rate or special conversion or voting terms. Think of it as a VIP ticket in line: it usually offers more income stability and protection but less upside from stock price gains, so investors weigh steady returns and safety against limited growth potential.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
  • 16 patients enrolled to date in trial of LTI-03 in idiopathic pulmonary fibrosis (IPF)
  • First patient randomized in the United Kingdom
  • Clinical trial sites now actively enrolling in the United States, Australia, and the United Kingdom
  • Two additional countries expected to be added in the coming months

AUSTIN, Texas, June 11, 2026 (GLOBE NEWSWIRE) -- Rein Therapeutics, Inc. ("Rein" or the "Company") (NASDAQ: RNTX), a clinical-stage biopharmaceutical company advancing a novel pipeline of first-in-class medicines for orphan pulmonary and fibrosis indications, today provided an update on its ongoing Phase 2 RENEW clinical trial evaluating LTI-03 in patients with idiopathic pulmonary fibrosis (IPF).

The Company announced that the first patient has been randomized in the United Kingdom, marking another milestone in the ongoing expansion of the Phase 2 RENEW clinical trial. Rein has now enrolled 16 patients in the trial to date.

Clinical trial sites are currently enrolling patients in the United States, Australia, and the United Kingdom. Additional sites in two more countries are expected to begin enrollment in the coming months as the Company continues to expand its global clinical trial footprint.

Brian Windsor, Ph.D., Chief Executive Officer of Rein Therapeutics, commented, “We are pleased to see continued enrollment momentum in our trial and the activation of additional international sites. The enrollment of our first participant in the U.K. represents another important step in the expansion of the study. We remain focused on executing the trial efficiently and generating high-quality clinical data as we advance LTI-03 through development."

About the RENEW Phase 2 Trial

Rein’s RENEW trial is a randomized, placebo-controlled Phase 2 clinical study designed to evaluate the safety, tolerability, and efficacy of LTI-03 in patients with idiopathic pulmonary fibrosis.

The study is expected to enroll approximately 120 patients, who will be randomized to receive one of two dose levels of LTI-03 or placebo. The major efficacy endpoint is the change from baseline in forced vital capacity (FVC), a key measure of lung function.

About LTI-03

LTI-03 is a first-in-class, inhaled peptide therapy derived from Caveolin-1 biology, a key regulator of fibrotic signaling. The drug is designed to inhibit lung scarring while preserving alveolar progenitor cells that are critical for tissue repair and regeneration.

Early data suggests that LTI-03 may represent a dual-acting approach: slowing fibrosis and promoting lung healing.

About Rein Therapeutics

Rein Therapeutics is a clinical-stage biopharmaceutical company advancing a novel pipeline of first-in-class therapies to address significant unmet medical needs in orphan pulmonary and fibrosis indications. Rein’s lead product candidate, LTI-03, is a novel, synthetic peptide with a dual mechanism targeting alveolar epithelial cell survival as well as inhibition of profibrotic signaling. LTI-03 has received Orphan Drug Designation in the U.S. Rein’s second product candidate, LTI-01, is a proenzyme that has completed Phase 1b and Phase 2a clinical trials for the treatment of loculated pleural effusions. LTI-01 has received Orphan Drug Designation in the U.S. and E.U. and Fast Track Designation in the U.S.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements of Rein Therapeutics, Inc. (“Rein”, the “Company”, “we”, “our” or “us”) within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to expectations for the Company’s LTI-03 and LTI-01 product candidates and the closing of the offering. We use words such as “anticipate,” “believe,” “estimate,” “expect,” “hope,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “would,” “can,” “could,” “should,” “continue,” and other words and terms of similar meaning to help identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: (i) the risk that the Company may not be able to successfully continue its Phase 2 clinical trials of LTI-03; (ii) the data derived from our Phase 2 clinical trials of LTI-03 may not support or validate our expectations concerning the potential benefits of LTI-03; (iii) success in early phases of pre-clinical and clinical trials do not ensure later clinical trials will be successful; and (iv) those other risks disclosed in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 26, 2026, and in subsequent filings that the Company makes with the SEC. These forward-looking statements should not be relied upon as representing the Company’s views as of any date after the date of this press release, and the Company expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Rein Therapeutics Investor Relations & Media Contact:

Investor Relations

IR@ReinTx.com


FAQ

What did Rein Therapeutics (NASDAQ:RNTX) announce about the Phase 2 RENEW trial on June 11, 2026?

Rein Therapeutics announced expansion of its Phase 2 RENEW trial, with the first patient randomized in the United Kingdom and 16 patients enrolled overall. According to Rein Therapeutics, sites are enrolling in the United States, Australia, and the UK.

How many patients are enrolled in Rein Therapeutics' Phase 2 RENEW trial of LTI-03 in IPF?

The Phase 2 RENEW trial has enrolled 16 patients with idiopathic pulmonary fibrosis. According to Rein Therapeutics, these patients are being enrolled through active clinical trial sites in the United States, Australia, and the United Kingdom as the study footprint grows.

What is the significance of the first UK patient randomized in Rein Therapeutics' RENEW trial (RNTX)?

Randomizing the first UK patient marks a new geographic milestone for the Phase 2 RENEW trial. According to Rein Therapeutics, this step supports international enrollment and reflects the broader global expansion strategy for evaluating LTI-03 in idiopathic pulmonary fibrosis.

In which countries is Rein Therapeutics currently enrolling patients for the Phase 2 RENEW trial of LTI-03?

Patients are currently being enrolled in the United States, Australia, and the United Kingdom. According to Rein Therapeutics, clinical trial sites in two additional countries are expected to start enrollment in the coming months, further broadening global participation.

What condition is Rein Therapeutics' LTI-03 targeting in the Phase 2 RENEW trial?

LTI-03 is being evaluated in patients with idiopathic pulmonary fibrosis (IPF) in the Phase 2 RENEW trial. According to Rein Therapeutics, the company is advancing a pipeline focused on orphan pulmonary and fibrosis indications, with RENEW as a key clinical study.

How does the global expansion of the RENEW trial impact Rein Therapeutics (RNTX) strategy?

The global expansion supports broader enrollment and diversified clinical data for LTI-03. According to Rein Therapeutics, adding UK sites and planning two more countries aligns with efforts to execute the Phase 2 trial efficiently and generate high-quality clinical evidence.