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Rein Therapeutics Provides Clinical Trial Update for Phase 2 RENEW Study of LTI-03 in Idiopathic Pulmonary Fibrosis

(Positive)

Rein Therapeutics (NASDAQ: RNTX) provided a Phase 2 RENEW trial update for LTI-03 in idiopathic pulmonary fibrosis. Enrollment began in March 2026; the study has enrolled 8 patients with 2 additional patients expected this week.

Clinical sites are active in the United States, Australia, and Poland, and the company expects to open sites in the United Kingdom and Germany soon to support ongoing enrollment.

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Positive

  • Enrollment initiated in March 2026
  • Study has enrolled 8 patients to date
  • Expecting 2 additional patients this week
  • Active clinical sites in US, Australia, Poland
  • Planned site openings in UK and Germany

Negative

  • Limited sample size so far: only 8 patients enrolled
  • No efficacy or safety data disclosed in this update

News Market Reaction – RNTX

-12.07% 2.8x vol
17 alerts
-12.07% Session close to close
+14.8% Peak Tracked
-11.0% Trough Tracked
$42.48M Market Cap
2.8x Rel. Volume

In the Apr 29 session, RNTX declined 12.07%, reflecting a significant negative market reaction. Argus tracked a peak move of +14.8% during that session. Argus tracked a trough of -11.0% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility. Trading volume was elevated at 2.8x the daily average, suggesting increased selling activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -12.1% in the session following this news. A negative reaction despite constructiv...
Analysis

The stock dropped -12.1% in the session following this news. A negative reaction despite constructive enrollment progress would fit the pattern of prior LTI‑03 clinical‑trial updates, which averaged a -2.14% move. Selling pressure could reflect broader biotech weakness and sensitivity to financing overhangs rather than trial specifics. Historical behavior suggests that even positive operational steps have often coincided with pullbacks, so investors may focus on capital needs and future data catalysts when reassessing risk.

Key Figures

Patients enrolled: 8 patients Additional patients expected: 2 patients Planned enrollment: 120 patients +5 more
8 metrics
Patients enrolled 8 patients Phase 2 RENEW trial enrollment update
Additional patients expected 2 patients Near-term enrollment expectation for RENEW trial
Planned enrollment 120 patients Target size for global Phase 2 RENEW trial
Global sites planned 50 sites Planned maximum number of sites for RENEW trial
Trial duration 24 weeks RENEW Phase 2 trial primary assessment window
EU orphan designation ID EU/3/25/3188 European orphan drug designation for LTI‑03 in IPF
IPO shares registered 30,000,000 shares Primary common stock offering in S-1 filing
Assumed IPO price $1.66 per share Assumed pricing in S-1 registration statement

Previous Clinical trial Reports

5 past events · Latest: Mar 03 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 03 Phase 2 dosing update Positive -3.4% First patient dosed in randomized Phase 2 LTI‑03 IPF trial after FDA clearance.
Jan 20 Orphan designation EU Positive -0.8% European Commission grants orphan drug designation for LTI‑03 in IPF.
Oct 09 EMA trial approval Positive -1.4% EMA authorizes Phase 2 RENEW trial sites in Germany and Poland.
Aug 19 U.K. trial approval Positive -2.6% MHRA clears Phase 2 RENEW trial in the U.K. targeting 120 IPF patients.
May 27 First patient dosed Positive -2.4% First patient dosed in global RENEW Phase 2 trial evaluating LTI‑03 in IPF.

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

Pattern Detected

Clinical trial and regulatory progress updates for LTI-03 have often been followed by negative next-day moves despite generally constructive content.

Recent Company History

Over the past year, Rein has reported a series of clinical trial milestones for LTI‑03 in IPF, including U.K. and EMA approvals to initiate the Phase 2 RENEW trial, first-patient dosing, and EU orphan drug designation. Market reactions to these updates were mostly negative, with four of five same‑tag events seeing post‑news declines despite trial advancement and regulatory support. Today’s enrollment and site‑expansion update fits into this ongoing progression of the global Phase 2 program.

Key Terms

idiopathic pulmonary fibrosis, phase 2
2 terms
idiopathic pulmonary fibrosis medical
"evaluating LTI-03 for the treatment of 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.
phase 2 medical
"update on its ongoing Phase 2 RENEW clinical trial evaluating LTI-03"
Phase 2 is the mid-stage clinical trial where a new drug or treatment is tested in a larger group of patients to see if it works and to keep checking safety after initial human testing. Think of it as a field test that proves whether a product actually delivers its promised benefit. Investors watch Phase 2 closely because its results strongly influence a medicine’s chances of reaching the market, the size of its potential sales, and the company’s valuation.

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

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Patient enrollment accelerates across expanding number of clinical trial sites in multiple countries

  • 8 patients enrolled, with additional patients expected in the near term
  • Enrollment initiated in March 2026, with patients being added on a regular basis
  • Clinical trial sites active in the United States, Australia, and Poland, with additional countries expected to open in the near term

AUSTIN, Texas, April 29, 2026 (GLOBE NEWSWIRE) -- Rein Therapeutics ("Rein") (NASDAQ: RNTX), a biopharmaceutical company advancing a novel pipeline of first-in-class medicines to address significant unmet medical needs in orphan pulmonary and fibrosis indications, today provided an update on its ongoing Phase 2 RENEW clinical trial evaluating LTI-03 for the treatment of idiopathic pulmonary fibrosis (IPF).

The Company has enrolled 8 patients in its RENEW trial to date, with 2 additional patients expected to be enrolled this week. Enrollment in the study began in March 2026, and the Company continues to add patients on a regular basis.

Rein also continues to make progress on expanding its global clinical trial footprint. Clinical trial sites are currently active in the United States, Australia, and Poland, with additional countries – including the United Kingdom and Germany – expected to open in the near term. The Company plans to continue activating more new sites to support ongoing enrollment

Brian Windsor, Ph.D., Chief Executive Officer of Rein Therapeutics, commented, “We are pleased with the progress of our Phase 2 RENEW trial, including our ongoing patient enrollment and the expansion of clinical trial sites across multiple geographies. We believe this continued execution reflects the successful efforts of our clinical teams and investigators, and we remain focused on advancing 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.

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 product candidate. 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; (iv) the risk that the Company may not be able to obtain additional working capital with which to complete the planned clinical trials of LTI-03; and (v) 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, which is on file with the United States Securities and Exchange Commission (the "SEC") and in subsequent filings that the Company files with the SEC. These forward-looking statements should not be relied upon as representing the Company's view as of any date after the date of this press release, and we expressly disclaim 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 Investor Relations & Media Contact:
Investor Relations
IR@ReinTx.com


FAQ

How many patients has Rein Therapeutics (RNTX) enrolled in the Phase 2 RENEW trial as of April 29, 2026?

Rein Therapeutics has enrolled 8 patients in the Phase 2 RENEW trial. According to the company, enrollment began in March 2026 and an additional 2 patients are expected this week to support ongoing recruitment.

When did enrollment start for RNTX's Phase 2 RENEW study of LTI-03 in IPF?

Enrollment for the Phase 2 RENEW study began in March 2026. According to the company, patients have been added on a regular basis since initiation to support study progression and global site activation.

Which countries have active clinical trial sites for RNTX's RENEW study (LTI-03)?

Clinical trial sites are active in the United States, Australia, and Poland. According to the company, additional countries including the United Kingdom and Germany are expected to open sites in the near term to expand enrollment.

Does the April 29, 2026 update from Rein Therapeutics (RNTX) include trial results for LTI-03?

No, the update does not include efficacy or safety results for LTI-03. According to the company, the announcement focuses on enrollment progress and site expansions rather than clinical outcome data.

What enrollment pace did Rein Therapeutics (RNTX) report for the RENEW trial in April 2026?

The company reports accelerating enrollment with 8 patients enrolled and 2 more expected this week. According to the company, sites have been added regularly since March 2026 to sustain enrollment momentum.

How will opening new sites in the UK and Germany affect RNTX's RENEW trial enrollment?

Opening sites in the UK and Germany is expected to broaden patient access and support enrollment. According to the company, these additional site activations are planned in the near term to help continue adding patients.