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Spyre Therapeutics Announces Launch of SPY772 Program and Initiation of Phase 2 SKYLIGHT Trial in Hidradenitis Suppurativa

(Moderate)
(Positive)

Spyre Therapeutics (NASDAQ: SYRE) announced the launch of SPY772, a long-acting combination program pairing SPY072, an anti‑TL1A antibody, with SPY007, a novel anti‑IL‑17A/F antibody, for Hidradenitis Suppurativa (HS).

The company also initiated SKYLIGHT, a randomized, placebo-controlled Phase 2 proof‑of‑concept trial in approximately 150 adults with moderate‑to‑severe HS. All participants will receive background bimekizumab, plus either SPY072 or placebo. The primary endpoint is Week 16 HiSCR75 response, with topline data planned for late 2027 or early 2028. According to Spyre Therapeutics, positive SKYLIGHT data could support advancement of the long‑acting SPY772 coformulation in HS and exploration of additional indications.

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Positive

  • SPY772 program launched combining SPY072 (anti-TL1A) and SPY007 (anti-IL-17A/F)
  • Phase 2 SKYLIGHT trial initiated as randomized, placebo-controlled proof-of-concept in HS
  • ~150 HS patients planned for enrollment, providing a sizable Phase 2 dataset
  • Week 16 HiSCR75 primary endpoint offers an early, defined efficacy readout
  • Topline data timing disclosed for late 2027 or early 2028

Negative

  • Topline SKYLIGHT results not expected until late 2027 or early 2028
  • SPY772 remains early-stage, supported by a Phase 2 proof-of-concept trial rather than late-phase data

Market Context

The clinical-trial history included a 1.41% 24-hour reaction for one initiation event. This announce...
Analysis

The clinical-trial history included a 1.41% 24-hour reaction for one initiation event. This announcement added a development milestone, while the platform record also showed Net Selling insider activity and an active S-3ASR.

Key Figures

Trial Phase: Phase 2 Planned Enrollment: approximately 150 adults Primary Endpoint: HiSCR75 response +1 more
4 metrics
Trial Phase Phase 2 SKYLIGHT proof-of-concept trial
Planned Enrollment approximately 150 adults Moderate-to-severe hidradenitis suppurativa
Primary Endpoint HiSCR75 response Week 16
Topline Timing late 2027 or early 2028 SKYLIGHT results

Previous Clinical trial Reports

5 past events · Latest: Nov 04 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Nov 04 SPY003 interim data Positive -0.6% Positive interim SPY003 safety and pharmacokinetic results supported extended dosing potential
Sep 15 SKYWAY trial initiation Neutral -5.2% First patient dosing initiated in the Phase 2 SKYWAY rheumatology basket trial
Jun 17 TL1A interim data Positive -11.6% Positive interim TL1A results and clinical development updates were announced
May 05 DDW trial update Neutral -6.8% Ongoing SPY001 follow-up data and planned combination-trial development updates were presented
Mar 27 SPY003 trial initiation Neutral +1.4% First participant dosing began in the SPY003 Phase 1 study

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

Pattern Detected

Tag-specific clinical-trial news historically showed four divergences and one alignment, with negative 24-hour reactions on four of five events.

Key Terms

hidradenitis suppurativa, tl1a, il-17a/f, hiscr75, +1 more
5 terms
hidradenitis suppurativa medical
"Phase 2 SKYLIGHT trial in Hidradenitis Suppurativa"
A chronic skin disease marked by recurring, painful lumps and tunnels under the skin that often leak and leave scars; it behaves like a slow-burning, recurring infection in areas with many sweat glands. For investors, it matters because the condition has few consistently effective treatments and causes long-term healthcare use, making successful new drugs, devices, or diagnostics potentially high-value opportunities while also carrying clinical-trial, regulatory and reimbursement risks.
tl1a medical
"dual inhibition of TL1A and IL-17A/F"
TL1A is a small signaling protein produced by the immune system that tells certain immune cells to ramp up inflammation, similar to a thermostat that raises the heat in response to a trigger. Investors watch TL1A because drugs or tests that block or measure it can change how inflammatory diseases are treated and diagnosed, affecting the commercial value of therapies, clinical trial outcomes, and potential regulatory approvals.
il-17a/f medical
"dual inhibition of TL1A and IL-17A/F"
IL-17A/F is a signaling protein produced by certain immune cells that combines elements of two related molecules (IL-17A and IL-17F) and helps trigger and amplify inflammation. It matters to investors because therapies that block or modulate IL-17A/F can reduce symptoms in autoimmune and inflammatory diseases, so clinical trial results, regulatory decisions, and safety signals for such drugs can significantly change a biotech or pharmaceutical company's market value—like repairing a faulty circuit that stabilizes a machine.
hiscr75 medical
"achieving a HiSCR75 response at Week 16"
HiSCR75 is a clinical-trial measure used in dermatology that indicates a 75% or greater reduction in the number of painful skin lesions and abscesses compared with baseline. For investors, it is an objective signal of a drug’s effectiveness in reducing disease burden—similar to saying a treatment cuts the symptom load by three-quarters—which can strongly influence regulatory decisions, market adoption and commercial value.
proof-of-concept medical
"randomized, placebo-controlled Phase 2 proof-of-concept study"
A proof-of-concept is a demonstration that shows a new idea or method can work as intended, serving as a small-scale test before full development. For investors, it signals that a concept has been successfully tested in principle, reducing uncertainty about whether it can be practically implemented. This helps determine if further investment or effort is justified to develop the idea further.

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SPY772 program aims to deliver best-in-indication efficacy and convenience in Hidradenitis Suppurativa through dual inhibition of TL1A and IL-17A/F in a long-acting coformulation

Phase 2 SKYLIGHT trial designed to provide clinical proof-of-concept for TL1A and
IL-17A/F inhibition in Hidradenitis Suppurativa; site activation has begun with topline Week 16 HiSCR75 data planned for late 2027 or early 2028

WALTHAM, Mass., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Spyre Therapeutics, Inc. (NASDAQ: SYRE), a clinical-stage biotechnology company committed to developing next-generation therapies that elevate the standard in immunology by delivering more complete disease control, greater durability, and a simpler treatment experience for patients, today announced the launch of SPY772, a new combination program comprising SPY072, a long-acting anti-TL1A antibody, and SPY007, a novel long-acting anti-IL-17A/F antibody in preclinical development. To test the hypothesis of the SPY772 program, the company also announced the initiation of SKYLIGHT, a randomized Phase 2 proof-of-concept trial evaluating dual inhibition of TL1A and IL-17A/F in Hidradenitis Suppurativa (HS).

“Combination therapy has demonstrated the ability to meaningfully improve efficacy without apparent safety downsides in multiple autoimmune conditions. We believe our differentiated strategy of developing long-acting antibody coformulations against validated targets appears increasingly likely to deliver indication-leading product profiles,” said Sheldon Sloan, M.D., Chief Medical Officer. “Expanding our portfolio to include long-acting IL-17A/F broadens the potential for our pipeline to improve outcomes across some of the largest gastrointestinal, dermatologic, and rheumatic diseases with substantial remaining unmet medical need.”

"HS is a chronic, painful disease that can profoundly affect patients' quality of life, and many patients do not achieve adequate disease control with available therapies. We believe targeting complementary inflammatory pathways has the potential to raise the efficacy ceiling in HS," said Josh Friedman, M.D., Ph.D., SVP of Clinical Development and SKYLIGHT study lead. "SKYLIGHT will evaluate whether adding SPY072 (anti-TL1A) to bimekizumab (anti-IL-17A/F) can improve outcomes beyond bimekizumab alone. Positive SKYLIGHT results would support advancement of our long-acting SPY772 combination (SPY072 and SPY007) in HS. We are also excited to potentially explore other indications with this combination pending our SKYWAY trial results.”

SKYLIGHT is a randomized, placebo-controlled Phase 2 proof-of-concept study expected to enroll approximately 150 adults with moderate-to-severe HS. Participants will receive background bimekizumab therapy and either SPY072 or placebo. The primary endpoint is the proportion of patients achieving a HiSCR75 response at Week 16. Topline results are expected in late 2027 or early 2028.

About Spyre Therapeutics

Spyre Therapeutics is a clinical-stage biotechnology company committed to developing next-generation therapies that elevate the standard in immunology by delivering more complete disease control, greater durability, and a simpler treatment experience for patients. Spyre's pipeline includes investigational extended half-life antibodies targeting α4β7, TL1A, IL-23, and IL-17A/F as well as rational combination programs.

For more information, visit Spyre's website at www.spyre.com.

Forward-Looking Statements

Certain statements in this press release, other than purely historical information, may constitute "forward-looking statements" within the meaning of the federal securities laws, including for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding: Spyre’s ability to achieve the expected benefits or opportunities with respect to its product candidates and combinations thereof, including its ability to develop next-generation therapies that elevate the standard in immunology by delivering more complete disease control, greater durability, and a simpler treatment experience for patients and its ability to develop long-acting antibody coformulations against validated targets to deliver indication-leading product profiles; the potential for SPY772 to provide best-in-indication efficacy and convenience in Hidradenitis Suppurativa through dual inhibition of TL1A and IL-17A/F in a long-acting coformulation; the potential of raising the efficacy ceiling in HS by targeting complementary inflammatory pathways; and Spyre’s ongoing and future pre-clinical and clinical development activities, including Spyre’s plans for and timing of data readouts and clinical enrollment for the SKYLIGHT trial, preclinical development of the SPY007 program and the potential expansion of the SPY772 program to indications outside of HS. The words "opportunity," "potential," "milestones," "pipeline," "strategy," "anticipate," "believe," "could," "estimate," "expect," "may," "might," "plan," "possible," "predict," "should," "will," "would," "can, " "likely," "aim," and similar expressions (including the negatives of these terms) may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on current expectations and beliefs and involve a number of risks and uncertainties, many of which are beyond Spyre’s control, and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties and risks arising from regulatory feedback, including potential disagreement by regulatory authorities with the Company’s interpretation of data and the Company’s clinical trials for its product candidates; the potential for interim data not being delivered within expected time frames or final data not being consistent with or different than the topline or interim data reported for our programs; the potential impact of Trump Administration policies and changes in law on our business; and those uncertainties and factors described in Spyre's most recent Annual Report on Form 10-K, as supplemented and updated by subsequent Quarterly Reports on Form 10-Q and any other filings that Spyre has made or may make with the SEC from time to time. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Spyre does not undertake or accept any duty to make any updates or revisions to any forward-looking statements.

For Investors:     
Eric McIntyre, Spyre Therapeutics
SVP of Finance and Investor Relations
Eric.mcintyre@spyre.com 

For Media:     
Josie Butler, 1AB
josie@1abmedia.com 


FAQ

What did Spyre Therapeutics (NASDAQ: SYRE) announce about the SPY772 program on August 10, 2026?

Spyre Therapeutics announced the launch of SPY772, a long-acting combination program for Hidradenitis Suppurativa. According to Spyre Therapeutics, SPY772 comprises SPY072, an anti‑TL1A antibody, and SPY007, an anti‑IL‑17A/F antibody, designed to deliver dual pathway inhibition in HS.

What is the design of the Phase 2 SKYLIGHT trial in Hidradenitis Suppurativa for Spyre Therapeutics (SYRE)?

The SKYLIGHT trial is a randomized, placebo-controlled Phase 2 proof-of-concept study in moderate-to-severe HS. According to Spyre Therapeutics, about 150 adults will receive background bimekizumab plus either SPY072 or placebo, with HiSCR75 at Week 16 as the primary endpoint.

When are topline Phase 2 SKYLIGHT HiSCR75 results expected for Spyre Therapeutics (SYRE)?

Topline SKYLIGHT HiSCR75 data are planned for late 2027 or early 2028. According to Spyre Therapeutics, the primary endpoint is the proportion of patients achieving a HiSCR75 response at Week 16, providing clinical proof-of-concept for TL1A and IL‑17A/F inhibition in HS.

How does Spyre Therapeutics’ SPY772 combination target TL1A and IL-17A/F in HS?

SPY772 combines SPY072, an anti‑TL1A antibody, with SPY007, an anti‑IL‑17A/F antibody, in a long-acting coformulation. According to Spyre Therapeutics, this dual inhibition strategy aims to improve efficacy and convenience by targeting complementary inflammatory pathways in Hidradenitis Suppurativa.

How many patients will be enrolled in the SKYLIGHT Phase 2 trial for Spyre Therapeutics (SYRE) in Hidradenitis Suppurativa?

The SKYLIGHT Phase 2 trial is expected to enroll approximately 150 adults with moderate-to-severe HS. According to Spyre Therapeutics, all participants will receive background bimekizumab therapy and be randomized to additional SPY072 or placebo, assessing HiSCR75 at Week 16.

What role does bimekizumab play in the SKYLIGHT trial conducted by Spyre Therapeutics (SYRE)?

In SKYLIGHT, all patients receive background bimekizumab, an anti‑IL‑17A/F antibody. According to Spyre Therapeutics, the trial evaluates whether adding SPY072 (anti‑TL1A) to bimekizumab can improve outcomes beyond bimekizumab alone in moderate-to-severe Hidradenitis Suppurativa.

How could positive SKYLIGHT results impact the SPY772 program and Spyre Therapeutics’ pipeline (SYRE)?

Positive SKYLIGHT results could support advancement of the long‑acting SPY772 combination in HS. According to Spyre Therapeutics, encouraging data may also enable exploration of additional gastrointestinal, dermatologic, and rheumatic indications using the SPY072 and SPY007 coformulation.