STOCK TITAN

UroGen Reports 94.5% Six-Month Duration of Response in Phase 3 UTOPIA Trial, Advancing UGN-103 Toward Potential Approval in Recurrent Low-Grade Intermediate-Risk NMIBC

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)

UroGen (Nasdaq: URGN) reported that UGN-103 achieved a 94.5% six-month durability of response (95% CI: 86.1, 97.9) in the ongoing Phase 3 UTOPIA trial for recurrent low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC).

The result is generally consistent with the 91.9% six-month DOR seen with FDA-approved ZUSDURI in ENVISION. UroGen plans to submit a New Drug Application for UGN-103 in Q3 2026 and highlights streamlined manufacturing, simplified reconstitution, and RTGel technology, with U.S. patents expected to protect UGN-103 into December 2041.

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AI-generated analysis. Not financial advice.

Positive

  • UGN-103 showed 94.5% six-month durability of response in Phase 3 UTOPIA
  • Six-month DOR generally consistent with 91.9% observed with FDA-approved ZUSDURI
  • Company plans UGN-103 New Drug Application submission in Q3 2026
  • UGN-103 features streamlined manufacturing and simplified reconstitution
  • RTGel technology preserved to enable sustained bladder tumor drug exposure
  • U.S. IP protection for UGN-103 expected to extend into December 2041

Negative

  • None.

News Market Reaction – URGN

-3.03%
1 alert
-3.03% News Effect

On the day this news was published, URGN declined 3.03%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Six-month DOR (UGN-103): 94.5% Six-month DOR CI (UGN-103): 95% CI: 86.1–97.9 Six-month DOR (ZUSDURI): 91.9% +5 more
8 metrics
Six-month DOR (UGN-103) 94.5% Phase 3 UTOPIA trial, Kaplan-Meier estimate
Six-month DOR CI (UGN-103) 95% CI: 86.1–97.9 Phase 3 UTOPIA durability of response
Six-month DOR (ZUSDURI) 91.9% Pivotal ENVISION trial benchmark
Six-month DOR CI (ZUSDURI) 95% CI: 86.9–95.0 ENVISION trial durability of response
Three-month CR rate 77.8% UGN-103 Phase 3 UTOPIA prior update
24-month DOR 72.2% ZUSDURI Phase 3 ENVISION trial
Trial enrollment 99 patients Phase 3 UTOPIA trial population size
Patent term December 2041 Expected intellectual property protection for UGN-103

Market Reality Check

Price: $27.25 Vol: Volume 813,509 vs 20-day ...
normal vol
$27.25 Last Close
Volume Volume 813,509 vs 20-day average 1,010,323 ahead of this clinical update. normal
Technical Shares at $29.68, trading above 200-day MA of $20.94 before the news.

Peers on Argus

URGN fell 4.07% while peers like EYPT, SANA, SYRE, OCS and QURE also traded lowe...

URGN fell 4.07% while peers like EYPT, SANA, SYRE, OCS and QURE also traded lower modestly, but no names appeared in the momentum scanner, pointing to a stock-specific reaction rather than a coordinated sector move.

Previous Clinical trial Reports

5 past events · Latest: Nov 06 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Nov 06 UTOPIA CR data Positive +21.9% Reported 77.8% three‑month CR rate in Phase 3 UTOPIA and NDA path.
Aug 05 ENVISION 24-mo DOR Positive +4.2% Disclosed 72.2% 24‑month DOR and sustained efficacy for ZUSDURI.
Jul 28 Home use study Positive -0.3% Phase 3b results showed feasible home instillation of ZUSDURI.
Jul 07 UTOPIA enrollment Positive -0.7% Announced completion of enrollment of 99 patients in UTOPIA.
Apr 26 UGN-102 18-mo DOR Positive +14.1% Reported 80.6% 18‑month DOR and FDA-accepted NDA for UGN‑102.
Pattern Detected

Clinical trial updates have usually led to positive moves, though two past trial headlines saw mild negative reactions despite constructive data.

Recent Company History

Over the past year, UroGen has steadily advanced RTGel-based therapies in recurrent LG-IR-NMIBC. Phase 3 data for UGN-102 and ZUSDURI showed high complete response rates and durable responses up to 24 months, while UGN-103 progressed from enrollment completion in UTOPIA (99 patients) to a 77.8% three‑month CR rate. Several of these trial updates, including the FDA‑accepted NDA for UGN‑102 with a June 13, 2025 PDUFA date, were followed by double‑digit percentage gains, underscoring market sensitivity to uro-oncology milestones.

Historical Comparison

+7.9% avg move · Across recent clinical trial updates, URGN moved an average of 7.86%, showing that similar efficacy ...
clinical trial
+7.9%
Average Historical Move clinical trial

Across recent clinical trial updates, URGN moved an average of 7.86%, showing that similar efficacy milestones have historically driven meaningful share-price reactions.

Clinical updates trace a progression from UTOPIA enrollment completion to three‑month CR data for UGN‑103, plus longer‑term DOR readouts for ZUSDURI and UGN‑102, supporting a maturing RTGel uro-oncology franchise.

Market Pulse Summary

This announcement adds six‑month durability data for UGN‑103, showing a 94.5% DOR that aligns with Z...
Analysis

This announcement adds six‑month durability data for UGN‑103, showing a 94.5% DOR that aligns with ZUSDURI’s pivotal ENVISION results, while maintaining an NDA submission goal in the third quarter of 2026. In context of prior updates—such as UGN‑103’s 77.8% three‑month CR rate and UGN‑102’s 80.6% 18‑month DOR—the news reinforces UroGen’s RTGel platform. Investors may watch upcoming regulatory milestones and longer‑term follow‑up from UTOPIA.

Key Terms

kaplan-meier, intravesical, non-muscle invasive bladder cancer, new drug application (nda), +1 more
5 terms
kaplan-meier medical
"94.5% (95% CI: 86.1, 97.9) durability of response (DOR) at six months by Kaplan-Meier estimate"
A Kaplan-Meier estimate is a statistical curve that shows how long it takes for a particular event—such as recovery, relapse, or death—to occur in a group over time, with the curve stepping down as events happen. Investors use these curves to assess the duration and timing of a treatment's or risk's effects—like watching how many light bulbs remain working week by week—because the timing and likelihood of outcomes influence clinical decisions, regulatory approval, and revenue prospects.
intravesical medical
"UGN-103 (mitomycin) for intravesical solution in patients with recurrent low-grade"
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.
non-muscle invasive bladder cancer medical
"intermediate-risk non-muscle invasive bladder cancer (LG-IR-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.
new drug application (nda) regulatory
"on track to submit a New Drug Application (NDA) for UGN-103 in the third quarter"
A new drug application (NDA) is a formal request submitted to regulatory authorities to gain approval for a new medication to be sold and used by the public. It is a comprehensive review process that examines the drug’s safety, effectiveness, and manufacturing quality. For investors, an NDA approval can signal a potential breakthrough product and influence a company's stock value.
pdufa regulatory
"The FDA has accepted UroGen's New Drug Application for UGN-102 with a PDUFA date of June 13, 2025."
PDUFA, short for the Prescription Drug User Fee Act, is a law that allows drug companies to pay fees to the government to speed up the review process for new medicines. This helps bring important drugs to market more quickly, which can impact their availability and pricing. For investors, PDUFA timelines can influence the timing of a drug’s approval and potential market success.

AI-generated analysis. Not financial advice.

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PRINCETON, N.J., May 15, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotechnology company focused on transforming the treatment of urothelial and specialty cancers, today announced UGN-103 achieved a 94.5% (95% CI: 86.1, 97.9) durability of response (DOR) at six months by Kaplan-Meier estimate, in the ongoing Phase 3 UTOPIA trial of UGN-103 (mitomycin) for intravesical solution in patients with recurrent low-grade intermediate-risk non-muscle invasive bladder cancer (LG-IR-NMIBC). The six-month results from UTOPIA are generally consistent with the 91.9% (95% CI: 86.9, 95.0) six-month DOR observed with ZUSDURI™ (mitomycin) for intravesical therapy in its pivotal ENVISION trial. ZUSDURI is the first and only treatment approved by the U.S. Food and Drug Administration (FDA) for adult patients with recurrent LG-IR-NMIBC.

Based on the consistency of UTOPIA data with the results of the ENVISION trial studying ZUSDURI in patients meeting the same eligibility criteria and alignment with the FDA, UroGen remains on track to submit a New Drug Application (NDA) for UGN-103 in the third quarter of 2026.

“The durability of response observed at six months with UGN-103 in the UTOPIA trial is generally consistent with that observed in the pivotal ENVISION trial of ZUSDURI, and highlights the potential to further advance care for adult patients with recurrent LG-IR-NMIBC,” said Abishek Srivastava, MD, Urologic Oncologist at Atlantic Urology Clinics, Myrtle Beach, SC, START Center for Cancer Research, Carolinas and lead investigator of the UTOPIA trial. “UGN-103 builds on a proven therapeutic approach with meaningful innovations that could help enhance how we deliver this therapy in clinical practice.”

UGN-103 is designed to build on the clinical and commercial foundation of ZUSDURI. The benefits of UGN-103 include a more streamlined manufacturing process and simplified reconstitution, while preserving the innovative and proven RTGel® technology that enables sustained drug exposure at tumor sites in the bladder.

“These clinical data reinforce the potential of UGN-103 to become a new standard of care for adult patients with recurrent LG-IR-NMIBC,” said Liz Barrett, President and Chief Executive Officer of UroGen. “With FDA alignment on our regulatory path, we are advancing with urgency toward NDA submission. We believe UGN-103 represents a significant opportunity to build on our leadership in uro-oncology, expand our commercial portfolio, and drive long-term growth.”

UroGen holds U.S. patents covering the combination of its proprietary RTGel technology with medac’s licensed lyophilized mitomycin formulation, as well as the use of UGN-103 in LG-IR-NMIBC, with intellectual property protection expected to extend into December 2041.

About UTOPIA

The UTOPIA trial is a single-arm, multicenter study evaluating the efficacy and safety of UGN-103 in 99 patients across global sites. Enrolled patients received 75 mg of UGN-103 via intravesical instillation in an outpatient setting once weekly for six weeks. The primary endpoint is CR rate at three months, with responders entering a follow-up phase of up to 12 months to assess DOR. For more information on the UTOPIA study, please visit https://clinicaltrials.gov/study/NCT06331299.

About UGN-103
In January 2024, UroGen entered into a licensing and supply agreement with medac to develop UGN-103 for recurrent LG-IR-NMIBC. UGN-103 is designed to reinforce and extend the clinical and commercial profile of ZUSDURI, the first and only FDA-approved treatment for adults with recurrent LG-IR-NMIBC. The program maintains UroGen’s innovative and proven RTGel technology, enabling sustained mitomycin exposure in the bladder, while incorporating next-generation enhancements, including a more streamlined manufacturing process and simplified reconstitution to support improved ease of use in clinical practice. UroGen holds U.S. patents covering the combination of its proprietary RTGel technology with medac’s licensed lyophilized mitomycin formulation, as well as the use of UGN-103 in LG-IR-NMIBC, with intellectual property protection expected to extend into December 2041.

About ZUSDURI

ZUSDURI (mitomycin) for intravesical solution is an innovative drug formulation of mitomycin approved for the treatment of adults with recurrent LG-IR-NMIBC. Utilizing UroGen’s proprietary RTGel technology (a sustained release, hydrogel-based formulation), ZUSDURI is delivered directly into the bladder by a trained healthcare professional using a urinary catheter in an outpatient setting, thereby enabling the treatment of tumors by non-surgical means.

About Non-Muscle Invasive Bladder Cancer (NMIBC)
LG-IR-NMIBC affects around 82,000 people in the United States every year and of those, an estimated 59,000 are recurrent. Bladder cancer primarily affects older populations with increased risk of comorbidities, with the median age of diagnosis being 73 years. Guideline recommendations for the management of NMIBC include transurethral resection of bladder tumor (TURBT) as the standard of care. Up to 70 percent of NMIBC patients experience at least one recurrence, and LG-IR-NMIBC patients are even more likely to recur and face repeated TURBT procedures. Learn more about NMIBC at www.BladderCancerAnswers.com.

About UroGen Pharma Ltd.
UroGen is a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers because patients deserve better options. UroGen has developed RTGel reverse-thermal hydrogel, a proprietary sustained-release, hydrogel-based platform technology that has the potential to improve the therapeutic profiles of existing drugs. UroGen’s sustained release technology is designed to enable longer exposure of the urinary tract tissue to medications, making local therapy a potentially more effective treatment option. Our first product is approved to treat low-grade upper tract urothelial cancer, and our second product, ZUSDURI (mitomycin) for intravesical solution, is approved for adult patients with recurrent LG-IR-NMIBC. Both products are designed to ablate tumors by non-surgical means. UroGen is headquartered in Princeton, NJ with operations in Israel. Visit www.UroGen.com to learn more or follow us on X, @UroGenPharma.

About medac CDMO
The belief that health is humanity’s most valuable resource drives medac group. Since 1970, the mission of medac has been to improve patients’ quality of life worldwide by making the best medical treatments available. Since 2000, medac has been dedicated to improving patient outcomes globally by supporting pharmaceutical companies in bringing the best medical treatments to market. As a trusted Contract Development and Manufacturing Organization (CDMO), headquartered in Germany, medac CDMO is specialised in providing customised, high-quality services to customers and worldwide markets.

With a team of over 2,000 highly skilled professionals, medac CDMO offers comprehensive solutions tailored to the needs of clients worldwide. The cutting-edge facilities of medac group in Germany and the Czech Republic are equipped with the latest technologies to ensure precision, efficiency and compliance with the most stringent industry standards. From early-stage development to large-scale commercial production, medac CDMO is committed to foresight, progress, reliability and creative thinking which makes them a solution ahead.

The deep expertise, commitment to quality and flexible manufacturing capabilities enable medac CDMO to serve as a trusted partner for pharmaceutical and biotech companies looking to scale their operations and bring life-changing treatments to patients around the globe.

For more information, please visit www.medac-cdmo.com.

APPROVED USE FOR ZUSDURI
ZUSDURI (mitomycin) for intravesical solution is a prescription medicine used to treat adults with a type of cancer of the lining of the bladder called low-grade intermediate risk non-muscle invasive bladder cancer (LG-IR-NMIBC) after previously receiving bladder surgery to remove tumor that did not work or is no longer working.

IMPORTANT SAFETY INFORMATION

You should not receive ZUSDURI if you have a hole or tear (perforation) of your bladder or if you have had an allergic reaction to mitomycin or to any of the ingredients in ZUSDURI.

Before receiving ZUSDURI, tell your healthcare provider about all of your medical conditions, including if you:

  • have kidney problems
  • are pregnant or plan to become pregnant. ZUSDURI can harm your unborn baby. You should not become pregnant during treatment with ZUSDURI. Tell your healthcare provider right away if you become pregnant or think you may be pregnant during treatment with ZUSDURI.

Females who are able to become pregnant: You should use effective birth control (contraception) during treatment with ZUSDURI and for 6 months after the last dose.

Males being treated with ZUSDURI: You should use effective birth control (contraception) during treatment with ZUSDURI and for 3 months after the last dose.

  • are breastfeeding or plan to breastfeed. It is not known if ZUSDURI passes into your breast milk. Do not breastfeed during treatment with ZUSDURI and for 1 week after the last dose.

How will I receive ZUSDURI?

  • You will receive your ZUSDURI dose from your healthcare provider 1 time a week for 6 weeks into your bladder through a tube called a urinary catheter. It is important that you receive all 6 doses of ZUSDURI according to your healthcare provider’s instructions.
  • If you miss any appointments, call your healthcare provider as soon as possible to reschedule your appointment.
  • During treatment with ZUSDURI, your healthcare provider may tell you to take additional medicines or change how you take your current medicines.

After receiving ZUSDURI:

  • ZUSDURI may cause your urine color to change to a violet to blue color. Avoid contact between your skin and urine for at least 24 hours.
  • To urinate, males and females should sit on a toilet and flush the toilet several times after you use it. After going to the bathroom, wash your hands, your inner thighs, and genital area well with soap and water.
  • Clothing that comes in contact with urine should be washed right away and washed separately from other clothing.

The most common side effects of ZUSDURI include: increased blood creatinine levels, increased blood potassium levels, trouble with urination, decreased red blood cell counts, increase in certain blood liver tests, increased or decreased white blood cell counts, urinary tract infection, and blood in your urine.

You are encouraged to report negative side effects of prescription drugs to the FDA.

Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to UroGen Pharma at 1-855-987-6436.

Please see ZUSDURI Full Prescribing Information, including the Patient Information, for additional information.

Forward-Looking Statements
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: the potential for the Phase 3 UTOPIA trial to support an NDA submission for UGN-103 and the planned timing thereof; the potential path toward approval of UGN-103 and potential approval thereof; the potential of UGN-103 to advance care for and provide benefits to adult patients with recurrent LG-IR-NMIBC and become a new standard of care; the potential of UGN-103 to build on UroGen’s leadership in uro-oncology, expand its commercial portfolio, and drive long-term growth; the potential benefits of UGN-103 as compared to ZUSDURI, including its streamlined manufacturing and reconstitution processes and expected intellectual property protection; the expected duration of intellectual property protection for UGN-103; the estimated annual U.S. patient population and demographics for LG-IR-NMIBC; the potential of UroGen’s proprietary RTGel technology to improve therapeutic profiles of existing drugs other than mitomycin; and UroGen’s sustained release technology making local delivery potentially more effective as compared to other treatment options. Words such as “believe,” “can,” “estimated,” “expect,” “may,” “plan,” “potential,” or other words that convey uncertainty of future events or outcomes are used to identify these forward-looking statements. These statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to: preliminary clinical results may not be indicative of results that may be observed in the future; potential safety and other complications related to UroGen’s products and product candidates; risks related to our and our licensors’ ability to protect our respective patents and other intellectual property, including the fact that UroGen’s or our licensors’ pending patent applications may not be successful, and in such event, the duration of intellectual property protection would be more limited; the ability to maintain regulatory approval; complications associated with commercialization activities; labeling limitations; competition in UroGen’s industry; the scope, progress and expansion of developing and commercializing UroGen’s products and product candidates; the size and growth of the market(s) therefor and the rate and degree of market acceptance thereof vis-à-vis alternative therapies or procedures, such as surgery; UroGen’s ability to attract or retain key management, members of the board of directors and other personnel; UroGen’s RTGel technology and UroGen’s products and product candidates may not perform as expected; the data from the UTOPIA trial may not be sufficient to support approval of UGN-103; UroGen may not successfully develop and receive regulatory approval of any other product that incorporates RTGel technology; and the impacts of general macroeconomic and geopolitical conditions on UroGen’s business and financial position. In light of these risks and uncertainties, and other risks and uncertainties that are described in the Risk Factors section of UroGen’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 6, 2026, the events and circumstances discussed in such forward-looking statements may not occur, and UroGen’s actual results could differ materially and adversely from those anticipated or implied thereby. Any forward-looking statements speak only as of the date of this press release and are based on information available to UroGen as of the date of this release.

INVESTOR CONTACT:
Vincent Perrone
Senior Director, Investor Relations
vincent.perone@UroGen.com
609-460-3588 ext. 1093

MEDIA CONTACT:
Cindy Romano
Director, Corporate Communications
cindy.romano@UroGen.com
609-460-3566 ext. 1083


FAQ

What were the Phase 3 UTOPIA trial results for UGN-103 in URGN's NMIBC program?

UGN-103 achieved a 94.5% six-month durability of response in the Phase 3 UTOPIA trial. According to UroGen, this Kaplan-Meier estimate (95% CI: 86.1, 97.9) was observed in patients with recurrent low-grade intermediate-risk non-muscle invasive bladder cancer.

How does UGN-103 compare with ZUSDURI for recurrent LG-IR-NMIBC according to URGN?

UGN-103 six-month durability of response is generally consistent with ZUSDURI’s results in ENVISION. According to UroGen, UGN-103 showed 94.5% six-month DOR, while ZUSDURI demonstrated 91.9% six-month DOR (95% CI: 86.9, 95.0) in a similar patient population.

When does UroGen (URGN) plan to file the NDA for UGN-103?

UroGen plans to submit a New Drug Application for UGN-103 in the third quarter of 2026. According to UroGen, this timing follows FDA alignment on the regulatory path based on UTOPIA data and prior ENVISION results with ZUSDURI.

What is UGN-103 and how might it benefit recurrent LG-IR-NMIBC patients?

UGN-103 is an intravesical mitomycin therapy using RTGel technology for bladder cancer. According to UroGen, it builds on ZUSDURI’s clinical foundation, offering streamlined manufacturing and simplified reconstitution while maintaining sustained drug exposure at bladder tumor sites in recurrent LG-IR-NMIBC.

What intellectual property protection does URGN report for UGN-103?

UroGen reports U.S. patents covering UGN-103 and its RTGel-mitomycin combination, including use in LG-IR-NMIBC. According to UroGen, this intellectual property protection is expected to extend into December 2041, potentially supporting long-term commercial exclusivity.

How could UGN-103 impact UroGen (URGN) and its uro-oncology portfolio?

UroGen views UGN-103 as a significant opportunity to expand its uro-oncology portfolio. According to UroGen, the therapy could build on ZUSDURI’s foundation, become a new standard of care for recurrent LG-IR-NMIBC, and help drive long-term growth if approved.