STOCK TITAN

Protara Therapeutics Announces Updated Interim Data from Phase 2 ADVANCED-2 Trial of TARA-002 in BCG-Naïve NMIBC Patients

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)

Protara Therapeutics (Nasdaq: TARA) reported updated interim Phase 2 ADVANCED-2 data for TARA-002 in BCG-naïve non-muscle invasive bladder cancer (NMIBC) on Dec 3, 2025. The dataset included 31 treated patients and 29 evaluable for efficacy as of a Nov 7, 2025 cutoff.

Key efficacy: 72% complete response (CR) rate at any time (21/29); 69% CR at 6 months (18/26); 50% CR at 12 months (7/14). Among initial responders, 88% (14/16) maintained response to six months and 100% (3/3) to 12 months. Re-induction converted 80% (4/5) to CR at six months and 100% (4/4) maintained CR at 12 months.

Safety: mostly Grade 1 TRAEs, no Grade 3+ treatment-related adverse events, no discontinuations due to TRAEs. Regulatory: FDA provided written feedback supporting a registrational controlled trial design in BCG-naïve patients with intravesical chemotherapy as an acceptable comparator and month 6 CR as primary endpoint. Company expects BCG-unresponsive cohort updates in Q1 2026 and cohort enrollment completion in 2H 2026.

Loading...
Loading translation...

Positive

  • Complete response (CR) rate of 72% at any time (21/29)
  • CR rate of 69% at 6 months (18/26)
  • Favorable safety: no Grade 3+ treatment-related adverse events reported
  • FDA provided written feedback endorsing a registrational design in BCG-naïve patients

Negative

  • CR rate falls to 50% at 12 months (7/14), indicating reduced durability in later landmark
  • Small evaluable sample sizes (e.g., 14 at 12 months) limit statistical confidence

News Market Reaction

+9.32%
9 alerts
+9.32% News Effect
+14.6% Peak Tracked
-8.3% Trough Tracked
+$23M Valuation Impact
$265M Market Cap
0.9x Rel. Volume

On the day this news was published, TARA gained 9.32%, reflecting a notable positive market reaction. Argus tracked a peak move of +14.6% during that session. Argus tracked a trough of -8.3% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $23M to the company's valuation, bringing the market cap to $265M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

CR rate any time: 72% (21/29) CR rate at 6 months: 69% (18/26) CR rate at 12 months: 50% (7/14) +5 more
8 metrics
CR rate any time 72% (21/29) BCG-naïve NMIBC, Phase 2 ADVANCED-2
CR rate at 6 months 69% (18/26) BCG-naïve NMIBC, Phase 2 ADVANCED-2
CR rate at 12 months 50% (7/14) BCG-naïve NMIBC, Phase 2 ADVANCED-2
Patients treated 31 patients BCG-naïve NMIBC, received ≥1 TARA-002 dose
Evaluable for efficacy 29 patients BCG-naïve NMIBC, as of Nov 7, 2025 cutoff
Re-induction CR at 6 months 80% (4/5) Initial non-responders converted after re-induction
Re-induction CR maintenance 100% (4/4) Re-induced responders maintaining CR at 12 months
Grade 3+ TRAEs 0 events Treatment-related adverse events in ADVANCED-2 BCG-naïve cohort

Market Reality Check

Price: $5.77 Vol: Volume 1,604,647 vs 20-da...
normal vol
$5.77 Last Close
Volume Volume 1,604,647 vs 20-day avg 1,185,940 (relative volume 1.35x) ahead of the data release. normal
Technical Price 6.01 trades above 200-day MA at 4, reflecting prior upward trend into this update.

Peers on Argus

Momentum scanner shows mixed peer action: EQ up 4.43% and CRBP down 5.76%, sugge...
1 Up 1 Down

Momentum scanner shows mixed peer action: EQ up 4.43% and CRBP down 5.76%, suggesting stock-specific drivers rather than a sector-wide move.

Historical Context

5 past events · Latest: Dec 08 (Negative)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 08 Equity offering Negative +0.3% Closing of $75M underwritten public equity offering at $5.75 per share.
Dec 04 Equity offering Negative +0.7% Pricing of $75M public offering of common shares at fixed price.
Dec 04 Equity offering Negative +0.7% Announcement of proposed $75M public offering of common stock and warrants.
Dec 03 Clinical data update Positive +9.3% Updated Phase 2 ADVANCED-2 TARA-002 efficacy and safety data in NMIBC.
Dec 01 Conference preview Neutral -8.7% Conference call and SUO poster preview for upcoming ADVANCED-2 data.
Pattern Detected

Recent equity offerings saw small positive price reactions despite typically dilutive implications, while the prior ADVANCED-2 data update produced a stronger positive move, indicating investors have responded well to TARA-002 clinical milestones.

Recent Company History

Over late 2025, Protara combined clinical progress with capital raises. The prior ADVANCED-2 interim update on Dec 3 showed strong TARA-002 responses and the stock rose about 9.32%. A subsequent conference-call preview on Dec 1 saw a -8.67% move. Between Dec 4–8, three related equity offering announcements around $75M each produced small positive reactions. Today’s clinical-trial news fits a pattern where robust TARA-002 data has historically aligned with positive price responses.

Market Pulse Summary

The stock moved +9.3% in the session following this news. A strong positive reaction aligns with pri...
Analysis

The stock moved +9.3% in the session following this news. A strong positive reaction aligns with prior behavior when Protara released robust TARA-002 data, such as the ADVANCED-2 update that saw a 9.32% move. The latest results again show high complete response rates and no Grade 3+ TRAEs, while prior equity offerings around $75M were already absorbed. Investors would still need to weigh financing needs and the absence of an approved product when assessing sustainability.

Key Terms

non-muscle invasive bladder cancer, carcinoma in situ, intravesical, complete response, +4 more
8 terms
non-muscle invasive bladder cancer medical
"patients with carcinoma in situ or CIS (± Ta/T1) non-muscle invasive bladder cancer (NMIBC)"
A form of bladder cancer that is confined to the inner lining of the bladder and has not grown into the deeper muscle layer; think of it like a stain on wallpaper rather than damage to the wall’s studs. It matters to investors because it has different treatment, monitoring and recurrence patterns than deeper cancers, driving demand for repeated outpatient procedures, local therapies and diagnostic tests that affect revenue, trial design and pricing dynamics in healthcare markets.
carcinoma in situ medical
"patients with carcinoma in situ or CIS (± Ta/T1) non-muscle invasive bladder cancer"
Carcinoma in situ is an early-stage abnormal growth where cells look cancerous but remain confined to the tissue surface and have not invaded deeper layers or spread to other parts of the body; think of it like graffiti on a wall that hasn’t cracked the plaster beneath. For investors, it matters because treatments, regulatory pathways, clinical trial outcomes and long-term costs differ greatly between contained lesions and invasive cancer, influencing market value, approval odds and liability for healthcare companies.
intravesical medical
"six weekly intravesical instillations of TARA-002, followed by a maintenance course"
Intravesical describes a medical treatment or procedure where a drug or therapy is placed directly into the bladder through a catheter rather than taken by mouth or injected into the bloodstream. For investors, it signals a focused delivery method that can increase local effectiveness and reduce whole‑body side effects, often affecting a product’s clinical value, patient convenience, regulatory path, and market niche — like watering a plant at its roots instead of spraying its leaves.
complete response medical
"Complete response (CR) rates at the six months and 12 months landmark time points"
A complete response is a positive outcome in which a company’s efforts to address issues or questions fully resolve the problem, often meaning that no further action or investigation is needed. For investors, it signals that concerns have been thoroughly addressed, which can boost confidence in the company's stability or decision-making. Think of it like a doctor fully treating an illness, leaving no remaining symptoms.
Bacillus Calmette-Guérin medical
"These results in Bacillus Calmette-Guérin (BCG)-Naïve NMIBC patients will be featured"
Bacillus Calmette-Guérin (BCG) is a weakened strain of a bacterium used as a vaccine against tuberculosis and as an immune-stimulating treatment for certain cancers, most notably early-stage bladder cancer. Think of it as a mild coach for the immune system that trains the body to recognize and attack disease; for investors, BCG matters because its supply, regulatory approvals, pricing, or clinical use can affect demand, company revenue, and healthcare costs.
U.S. Food and Drug Administration regulatory
"The Company remains in ongoing dialogue with the U.S. Food and Drug Administration (FDA)"
The U.S. Food and Drug Administration is the federal agency that evaluates and enforces safety, effectiveness and labeling standards for medicines, medical devices, vaccines, food and related products before they reach consumers. For investors it matters because FDA approvals, warnings or recalls determine whether a product can be sold, how quickly it reaches the market and how costly compliance will be—changes that directly affect a company’s revenue, costs and stock value.
BCG-Naïve medical
"TARA-002 in BCG-Naïve NMIBC patients will be featured during a poster session"
BCG-naïve describes patients who have never received Bacillus Calmette–Guérin (BCG) therapy, a common first-line immunotherapy for certain bladder cancers. For investors, this matters because drugs or devices tested or approved for BCG-naïve patients address a different group and potential market size than treatments for those who already failed BCG; think of it like a product aimed at first-time buyers versus repeat customers.

AI-generated analysis. Not financial advice.

  • TARA-002 demonstrates 72% complete response rate at any time in BCG-Naïve patients

  • TARA-002 demonstrates a 69% complete response rate at the 6-month landmark and a 50% complete response rate at the 12-month landmark in BCG-Naïve patients

  • Favorable safety and tolerability profile observed with no Grade 3 or greater treatment-related adverse events reported

  • Company obtained written feedback from FDA on registrational path forward for TARA-002 in BCG-Naïve patients

  • Company remains on track to report interim results from approximately 25 six-month evaluable BCG-Unresponsive patients in the registrational cohort of the ADVANCED-2 trial in Q1 2026

  • Company expects to complete enrollment of the BCG-Unresponsive registrational cohort of the ADVANCED-2 trial in 2H 2026

  • Company to host conference call and webcast today at 8:30 a.m. ET

NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Protara Therapeutics, Inc. (Nasdaq: TARA), a clinical-stage company developing transformative therapies for the treatment of cancer and rare diseases, today announced updated interim data from the ongoing Phase 2 open-label ADVANCED-2 trial of TARA-002 in patients with carcinoma in situ or CIS (± Ta/T1) non-muscle invasive bladder cancer (NMIBC). These results in Bacillus Calmette-Guérin (BCG)-Naïve NMIBC patients will be featured during a poster session at the 26th Annual Meeting of the Society of Urologic Oncology (SUO) in Phoenix, Arizona.

“These positive results continue to support TARA-002’s potential in the NMIBC treatment landscape, and we look forward to finalizing a regulatory pathway for TARA-002 in BCG-Naïve patients,” said Jesse Shefferman, Chief Executive Officer of Protara Therapeutics. “We remain on track to provide an update on the registrational BCG-Unresponsive patient cohort in the ADVANCED-2 trial in the first quarter of 2026 and expect to complete enrollment of this cohort in the second half of 2026.”

“These encouraging TARA-002 results demonstrate meaningful and durable activity in BCG-Naïve NMIBC patients,” said Mark Tyson, M.D., MPH, Vice Chair for Research and a Professor in the Department of Urology with the Mayo Clinic in Phoenix, Arizona, and ADVANCED-2 study investigator. “The clinically meaningful response rates at six and 12 months, coupled with a favorable safety and tolerability profile and simple administration that is even more streamlined than BCG, make TARA-002 a compelling potential treatment option in the BCG-Naïve setting.”

Updated Interim Results

The dataset includes 31 BCG-Naïve patients who received at least 1 dose of TARA-002; 29 patients completed at least one response assessment and were evaluable for efficacy as of a November 7, 2025 data cutoff. Patients received an induction course of six weekly intravesical instillations of TARA-002, followed by a maintenance course of three weekly instillations every three months. Re-induction was permitted for eligible patients with residual CIS and/or recurrent high-grade Ta disease. Complete response (CR) rates at the six months and 12 months landmark time points include all participants who were either evaluable at that time point or had experienced disease progression or treatment failure prior to the scheduled visit.

  • The CR rate at any time was 72% (21/29).
  • The CR rate was 69% (18/26) at six months and 50% (7/14) at 12 months.
  • Among initial responders, 88% (14/16) maintained their response through six months and 100% (3/3) through 12 months.
  • Re-induction therapy successfully salvaged most initial non-responders, resulting in high conversion rates and durable responses: 80% (4/5) of re-induced patients converted to a CR at 6 months, and 100% (4/4) of those responders maintained their CR at 12 months.

Safety and Tolerability

The majority of treatment-related adverse events (TRAEs) were Grade 1 and transient with no Grade 3 or greater TRAEs as assessed by study investigators. No patients discontinued treatment due to TRAEs. The most commonly occurring TRAEs were dysuria (13%), fatigue (13%), and hematuria (6%).

Regulatory Update

The Company remains in ongoing dialogue with the U.S. Food and Drug Administration (FDA) on an expansion of the agreed upon registrational path forward for TARA-002 beyond the BCG-Unresponsive NMIBC patient population. The FDA has provided written feedback supporting a registrational design for a controlled trial in BCG-Naïve patients (who have never been exposed and those who have not received BCG within the last 24 months and are ineligible to receive BCG or contraindicated, cannot tolerate BCG, do not have access to BCG, or refuse BCG). The FDA has agreed that BCG is not required as a comparator and that intravesical chemotherapy is an acceptable comparator to TARA-002 in BCG-Naïve patients. The FDA also is aligned with the primary endpoint of the trial as the CR rate at month 6 with duration of response as a key secondary endpoint. The Company has engaged the FDA to determine how to include BCG-Exposed patients in its clinical trials of TARA-002, for whom no FDA-approved treatments are available and who have limited options to access investigational treatment through clinical trials.

About ADVANCED-2

ADVANCED-2 (NCT05951179) is a Phase 2 open-label trial assessing intravesical TARA-002 in NMIBC patients with carcinoma in situ or CIS (± Ta/T1) who are Bacillus Calmette-Guérin (BCG)-Unresponsive (Cohort B N=75-100) or BCG-Naïve (Cohort A N=31). Trial subjects received an induction course, with or without a reinduction, of six weekly intravesical instillations of TARA-002, followed by a maintenance course of three weekly instillations every three months.

The Company remains on track to report interim results from approximately 25 six-month evaluable NMIBC patients from ADVANCED-2 with carcinoma in situ or CIS (± Ta/T1) who are BCG-Unresponsive in the first quarter of 2026 and expects to complete enrollment in this cohort in the second half of 2026.

Conference Call and Webcast

Protara will host a conference call and webcast today at 8:30 am ET to review the data reported this morning. The live event and accompanying slides can be accessed by visiting https://protara-therapeutics-suo-update-call.open-exchange.net/registration, or via the Events and Presentations section of the Company’s website: https://ir.protaratx.com. A replay of the webcast will be archived for a limited time following the event.

About TARA-002

TARA-002 is an investigational cell therapy in development for the treatment of NMIBC and of LMs, for which it has been granted Rare Pediatric Disease Designation by the U.S. Food and Drug Administration. TARA-002 was developed from the same master cell bank of genetically distinct group A Streptococcus pyogenes as OK-432, a broad immunopotentiator marketed as Picibanil® in Japan by Chugai Pharmaceutical Co., Ltd. Protara has successfully shown manufacturing comparability between TARA-002 and OK-432.

TARA-002 is a first-in-class TLR2/NOD2 agonist and novel immunopotentiator derived from inactivated Streptococcus pyogenes with a mechanism of action that includes the activation of innate and adaptive immune pathways within the bladder wall. When TARA-002 is administered, it is hypothesized that innate and adaptive immune cells within the cyst or tumor are activated and produce a pro-inflammatory response with release of cytokines such as tumor necrosis factor (TNF)-alpha, interferon (IFN)-gamma IL-6, IL-10, IL-12. TARA-002 also directly kills tumor cells and triggers a host immune response by inducing immunogenic cell death, which further enhances the antitumor immune response.

About Non-Muscle Invasive Bladder Cancer (NMIBC)

Bladder cancer is the sixth most common cancer in the United States, with NMIBC representing approximately 80% of bladder cancer diagnoses. Approximately 65,000 patients are diagnosed with NMIBC in the United States each year. NMIBC is cancer found in the tissue that lines the inner surface of the bladder that has not spread into the bladder muscle

About Protara Therapeutics, Inc.

Protara is a clinical-stage biotechnology company committed to advancing transformative therapies for people with cancer and rare diseases. Protara’s portfolio includes its lead candidate, TARA-002, an investigational cell-based therapy in development for the treatment of non-muscle invasive bladder cancer (NMIBC) and lymphatic malformations (LMs). The Company is evaluating TARA-002 in an ongoing Phase 2 trial in NMIBC patients with carcinoma in situ (CIS) who are unresponsive or naïve to treatment with Bacillus Calmette-Guérin, as well as a Phase 2 trial in pediatric patients with LMs. Additionally, Protara is developing IV Choline Chloride, an investigational phospholipid substrate replacement for patients on parenteral nutrition who are otherwise unable to meet their choline needs via oral or enteral routes. For more information, visit www.protaratx.com.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Protara may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “designed,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words or expressions referencing future events, conditions or circumstances that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such forward-looking statements include but are not limited to, statements regarding Protara’s intentions, beliefs, projections, outlook, analyses or current expectations concerning, among other things: Protara’s business strategy, including its development plans for its product candidates and plans regarding the timing or outcome of existing or future clinical trials (including the timing of any particular phases of such trials and the timing of the announcement of any data produced during such trials or phases thereof); statements related to expectations regarding interactions with the U.S. Food and Drug Administration (FDA); Protara’s financial position; statements regarding the anticipated safety or efficacy of Protara’s product candidates; and Protara’s outlook for the remainder of the year and future periods. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that contribute to the uncertain nature of the forward-looking statements include: risks that Protara’s financial guidance may not be as expected, as well as risks and uncertainties associated with: Protara’s development programs, including the initiation and completion of non-clinical studies and clinical trials and the timing of required filings with the FDA and other regulatory agencies; general market conditions; changes in the competitive landscape; changes in Protara’s strategic and commercial plans; Protara’s ability to obtain sufficient financing to fund its strategic plans and commercialization efforts; having to use cash in ways or on timing other than expected; the impact of market volatility on cash reserves; failure to attract and retain management and key personnel; the impact of general U.S. and foreign, economic, industry, market, regulatory, political or public health conditions; and the risks and uncertainties associated with Protara’s business and financial condition in general, including the risks and uncertainties described more fully under the caption “Risk Factors” and elsewhere in Protara's filings and reports with the United States Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. Protara undertakes no obligation to update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise, except as required by law.

Company Contact:

Justine O'Malley
Protara Therapeutics
Justine.OMalley@protaratx.com
646-817-2836


FAQ

What are the key TARA-002 efficacy results in the Dec 3, 2025 update for TARA (TARA)?

Updated interim results show a 72% CR at any time (21/29), 69% CR at 6 months (18/26), and 50% CR at 12 months (7/14).

How safe was TARA-002 in the ADVANCED-2 BCG-naïve cohort reported Dec 3, 2025?

Most treatment-related AEs were Grade 1 and transient, with no Grade 3 or greater treatment-related adverse events and no discontinuations due to TRAEs.

What FDA feedback did Protara (TARA) receive about TARA-002 on Dec 3, 2025?

FDA provided written feedback supporting a registrational controlled trial in BCG-naïve patients, allowing intravesical chemotherapy as comparator and month 6 CR as the primary endpoint.

When will Protara (TARA) report updates for the BCG-unresponsive ADVANCED-2 cohort?

The company expects an interim update on approximately 25 six-month evaluable BCG-unresponsive patients in Q1 2026 and to complete enrollment of that cohort in 2H 2026.

How did re-induction perform in TARA-002 BCG-naïve patients in the Dec 2025 update?

Re-induction converted 80% (4/5) of re-induced patients to CR at 6 months, and 100% (4/4) of those responders maintained CR at 12 months.

How many BCG-naïve patients were evaluable for efficacy in the Nov 7, 2025 cutoff reported Dec 3, 2025?

Out of 31 treated BCG-naïve patients, 29 completed at least one response assessment and were evaluable for efficacy as of the Nov 7, 2025 data cutoff.
Protara Therapeutics Inc

NASDAQ:TARA

TARA Rankings

TARA Latest News

TARA Latest SEC Filings

TARA Stock Data

300.09M
52.50M
2.79%
78.74%
7.74%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
NEW YORK