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Viatris Announces Positive Top-Line Results from Phase 3 Study of VR-205 in Japanese Adults with Primary Immunoglobulin A Nephropathy

(Very High)
(Positive)

Viatris (Nasdaq: VTRS) reported positive top-line Phase 3 results for VR-205 (targeted-release budesonide, Nefecon) in Japanese adults with primary IgA nephropathy.

The trial met its primary endpoint with a 33.75% UPCR reduction at 9 months, showed multiple renal function improvements, and was generally well tolerated. A Japanese New Drug Application is targeted by end of 2026.

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Positive

  • Primary endpoint met with 33.75% reduction in geometric mean UPCR at 9 months
  • Statistically significant UPCR reductions also observed at 6 and 12 months
  • Improvements in eGFR, serum creatinine, and UACR at 9 months vs baseline
  • Improved microhematuria and sustained proteinuria reduction support therapeutic benefit
  • No patients progressed to dialysis, kidney transplant, or severe renal impairment
  • VR-205 generally well tolerated with safety profile consistent with prior experience
  • Japanese NDA submission for VR-205 targeted by end of 2026
  • Exclusive license with Calliditas to commercialize VR-205 for IgAN in Japan

Negative

  • None.

News Market Reaction – VTRS

-0.61%
-0.61% Session close to close

In the Jun 29 session, VTRS declined 0.61%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights statistically robust Phase 3 IgAN data, including a 33.75% UPCR reducti...
Analysis

This announcement highlights statistically robust Phase 3 IgAN data, including a 33.75% UPCR reduction and no progression to dialysis or transplant, with a Japan NDA targeted by end-2026. Key risks remain regulatory review outcomes and competitive IgAN treatments.

Key Figures

VR-205 dose: 16 mg Treatment duration: 9 months Follow-up period: 3 months +5 more
8 metrics
VR-205 dose 16 mg Daily dose in Phase 3 study of Japanese adults with primary IgAN
Treatment duration 9 months VR-205 treatment period in Japanese Phase 3 trial
Follow-up period 3 months Post-treatment follow-up duration after VR-205 therapy
UPCR reduction 33.75% Reduction in geometric mean UPCR at 9 months vs baseline
95% CI for UPCR change -45.27 to -19.80 Confidence interval for UPCR reduction at 9 months
P-value p < 0.001 Statistical significance for primary UPCR endpoint at 9 months
Severe renal impairment threshold eGFR ≤15 mL/min per 1.73 m2 Definition of severe renal impairment used in study outcomes
Japan NDA timing End of 2026 Targeted New Drug Application submission for VR-205 in Japan

Previous Clinical trial Reports

5 past events · Latest: May 18 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 18 NDA acceptance Positive +0.1% FDA accepted NDA for fast-acting meloxicam with Phase 3 support and PDUFA date.
Feb 25 sNDA acceptance Positive +0.1% FDA accepted sNDA for MR-141 in presbyopia backed by positive Phase 3 VEGA data.
Jul 18 Trial setback Negative -4.2% Phase 3 MR-139 blepharitis trial failed primary endpoint, prompting program reassessment.
Jun 26 Positive Phase 3 data Positive +2.6% VEGA-3 presbyopia trial met primary and all secondary endpoints with strong safety.
Jun 02 Phase 3 trial update Positive -1.1% Positive LYNX-2 night-driving data with Fast Track status, but shares traded lower.

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 updates have usually produced modest, directionally intuitive moves, with only one notable negative reaction to positive data.

Key Terms

urine protein-to-creatinine ratio (upcr), estimated glomerular filtration rate (egfr), urine albumin-to-creatinine ratio (uacr), new drug application
4 terms
urine protein-to-creatinine ratio (upcr) medical
"a 33.75 percent reduction in geometric mean urine protein-to-creatinine ratio (UPCR) at 9 months"
A urine protein-to-creatinine ratio (UPCR) is a lab test that compares the amount of protein in a single urine sample to the amount of creatinine, a normal waste product, to estimate how much protein the kidneys are leaking. Like checking how much dye comes out relative to a steady marker in a faucet, it standardizes readings so doctors can track kidney damage or treatment effect. For investors, UPCR is a common clinical marker used in drug trials and patient monitoring to gauge a therapy’s effectiveness and safety, which can influence regulatory decisions, market size estimates and valuation.
estimated glomerular filtration rate (egfr) medical
"significant improvement in estimated glomerular filtration rate (eGFR) and reductions in serum creatinine"
Estimated glomerular filtration rate (eGFR) is a test that measures how well your kidneys are filtering waste from your blood. It helps doctors check kidney health and detect problems early, much like how a water filter's effectiveness can be tested by how clean the water becomes.
urine albumin-to-creatinine ratio (uacr) medical
"reductions in serum creatinine and urine albumin-to-creatinine ratio (UACR) at 9 months"
The urine albumin-to-creatinine ratio (uACR) is a simple lab measure comparing the amount of albumin, a protein, to creatinine, a waste product, in a urine sample to detect and quantify kidney damage. For investors it is an important clinical biomarker used in trials and regulatory decisions—like a dashboard light for kidney health—because changes in uACR can influence drug approvals, labeling, market potential and reimbursement prospects for treatments targeting kidney disease.
new drug application regulatory
"Viatris is targeting submission of a New Drug Application in Japan by the end of 2026."
A new drug application is a formal request submitted to government regulators seeking approval to market a new medicine. It is like a detailed proposal that shows the drug has been tested for safety and effectiveness. For investors, receiving approval signals that the drug may soon become available for sale, potentially leading to revenue growth and impacting the company's value.

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

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VR-205 Met Primary Endpoint and Key Secondary Endpoints and Was Well Tolerated

VR-205 Efficacy and Safety Profile in Japanese Patients Was Consistent with the Profile Observed in Global Studies 

Japanese New Drug Application Submission Targeted by End of 2026

PITTSBURGH and TOKYO, June 29, 2026 /PRNewswire/ -- Viatris Inc. (Nasdaq: VTRS), a global healthcare company, today announced positive top-line results from a Phase 3 clinical trial evaluating the efficacy and safety of VR-205 (targeted-release budesonide formulation) (Nefecon®) in Japanese adult patients with primary immunoglobulin A nephropathy (IgAN) at risk of developing end-stage renal disease.

The Phase 3 clinical trial was a multicenter, interventional, open-label study designed to evaluate the efficacy and safety of 16 mg of VR-205 in Japanese adult patients with primary IgAN. Patients were treated for nine months, followed by a three-month follow-up period.

The study achieved its primary endpoint, with VR-205 demonstrating a 33.75 percent reduction in geometric mean urine protein-to-creatinine ratio (UPCR) at 9 months compared to baseline [95% CI: -45.27 to -19.80; p < 0.001]. These results were statistically significant and clinically meaningful, and were consistent with those observed in the global Phase 3 program for the product. Key findings included:

  • In addition to a statistically significant and clinically meaningful reduction in UPCR at 6 and 12 months, VR-205 demonstrated a significant improvement in estimated glomerular filtration rate (eGFR) and reductions in serum creatinine and urine albumin-to-creatinine ratio (UACR) at 9 months compared to baseline.
  • The overall therapeutic benefit of VR-205 was further supported by improvements in microhematuria and a sustained proteinuria reduction.
  • No study participants progressed to dialysis, kidney transplant or severe renal impairment (eGFR ≤15 mL/min per 1.73 m2) by the end of the study.
  • VR-205 was generally well tolerated over the nine-month treatment period, with a safety profile consistent with the known safety profile of targeted-release budesonide in non-Japanese patients.

"We are pleased with these top-line results, which highlight VR-205 as a potentially meaningful, disease-modifying treatment option for patients with primary IgAN," said Viatris Chief R&D Officer Philippe Martin. "In Japan, where IgAN incidence is the highest globally, VR-205 could become the first IgAN-specific, targeted-release budesonide oral therapy. This progress reflects the continued execution of Viatris' strategy focused on building a differentiated and increasingly innovative portfolio in Japan, with an emphasis on delivering therapies that provide meaningful value and address significant unmet needs."

"Primary IgAN is a designated intractable disease in Japan, and remains a significant unmet need, with no curative treatment despite the risk of progression to end-stage renal disease," said Yuko Asami, Head of R&D, Viatris Japan. "These top-line results mark an important step toward expanding treatment options for patients and healthcare providers."

Viatris is targeting submission of a New Drug Application in Japan by the end of 2026.

In 2022, Calliditas Therapeutics AB and Viatris Pharmaceuticals Japan Inc., a subsidiary of Viatris Inc., entered into an exclusive license agreement to obtain marketing authorization and to commercialize VR-205 for the treatment of primary IgAN in Japan. It is currently a specialty drug approved and marketed as Tarpeyo® in the U.S. and as Kinpeygo® in Europe.

About Phase 3 Study (VR-205A-01-CAZ-3001)
The Phase 3 trial was a multicenter, interventional, open-label study conducted in Japan to evaluate the efficacy and safety of oral VR-205 (targeted-release budesonide formulation) for the treatment of primary IgA nephropathy in Japanese adult patients at risk of developing end-stage renal disease. The study enrolled a total of 39 participants who were treated with 16 mg of VR-205 daily (four capsules) over a nine-month treatment period.

Following completion of treatment, participants entered a three-month follow-up period including a two-week dose tapered to 8 mg of VR-205 (two capsules) daily at the start of the follow-up period.

About Immunoglobulin A Nephropathy (IgAN)
IgAN is a progressive, immune-mediated kidney disease and the most common primary glomerulonephritis worldwide. Japan reports the highest incidence rates globally, at 39 to 45 cases per million population per year, with peak age at diagnosis between 30 and 39 years. In Japan, adult-onset IgAN is reported to progress to end-stage renal disease (dialysis or transplantation) in approximately 15-20 percent of patients within 10 years. Most patients reaching end-stage renal disease face decades of dialysis. The total national cost of maintenance hemodialysis in Japan is approximately JPY 1.5 trillion per year. Chronic glomerulonephritis (with IgAN as a leading underlying cause) accounts for 23.4 percent of Japan's more than 340,000 dialysis patients. Despite this burden, therapies that target the underlying immunological drivers of IgAN to preserve long-term kidney function have remained limited, and a clear need persists for disease-modifying treatment options.

About Viatris
Viatris Inc. (Nasdaq: VTRS) is a global healthcare company whose mission is to empower people worldwide to live healthier at every stage of life. We meet the needs of patients around the world by acting decisively with ingenuity and resolve. Whether we're developing new medicines, working to maintain a resilient supply of needed therapies, or pursuing bold innovation, we strive to deliver solutions that are effective at scale and built to endure. We're purpose-built to make an impact with a dynamic portfolio that spans generics, established brands and innovative medicines that address areas of significant unmet need. We are headquartered in the U.S., with global centers in Pittsburgh, Shanghai, China, and Hyderabad, India. Learn more at viatris.com and investor.viatris.com, and connect with us on LinkedIn, Instagram, YouTube and X.

Forward-Looking Statements
This press release includes statements that constitute "forward-looking statements." These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include statements that positive top-line results from a Phase 3 clinical trial evaluating the efficacy and safety of VR-205 (targeted-release budesonide formulation) (Nefecon®) in Japanese adult patients with primary immunoglobulin A nephropathy (IgAN) at risk of developing end-stage renal disease; VR-205 met primary endpoint and key secondary endpoints, and was well tolerated; VR-205 efficacy and safety profile in Japanese patients was statistically significant and clinically meaningful and were consistent with the profile observed in global studies; we are pleased with these top-line results, which highlight VR-205 as a potentially meaningful, disease-modifying treatment option for patients with primary IgAN; in Japan, where IgAN incidence is the highest globally, VR-205 could become the first IgAN-specific, targeted-release budesonide oral therapy; this progress reflects the continued execution of Viatris' strategy focused on building a differentiated and increasingly innovative portfolio in Japan, with an emphasis on delivering therapies that provide meaningful value and address significant unmet needs; these top-line results mark an important step toward expanding treatment options for patients and healthcare providers; Viatris is targeting submission of a New Drug Application in Japan by the end of 2026. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: the uncertainties inherent in research and development, including the outcomes of clinical trials; the ability to meet anticipated clinical endpoints; the possibility of unfavorable new clinical data and further analyses of existing clinical data; the risk that clinical trial data are subject to differing interpretations and assessments by regulatory authorities; whether regulatory authorities will be satisfied with the design of and results from clinical studies; failure to achieve the intended benefits of our strategic initiatives and priorities; goodwill or impairment charges or other losses; any changes in or difficulties with the Company's manufacturing facilities; failure to achieve expected or targeted future financial and operating performance and results; Viatris' or its partners' ability to develop, manufacture, and commercialize products; any regulatory, legal or other impediments to Viatris' ability to bring new products to market; products in development and/or that receive regulatory approval may not achieve expected levels of market acceptance, efficacy or safety; actions and decisions of healthcare and pharmaceutical regulators; changes in healthcare and pharmaceutical laws and regulations in the U.S. and abroad; the scope, timing and outcome of any ongoing legal proceedings, and the impact of any such proceedings on Viatris; any significant breach of data security or data privacy or disruptions to our IT systems; risks associated with international operations; changes in third-party relationships; the effect of any changes in Viatris' or its partners' customer and supplier relationships and customer purchasing patterns; the impacts of competition; changes in the economic and financial conditions of Viatris or its partners; uncertainties regarding future demand, pricing and reimbursement for the Company's products; uncertainties and matters beyond the control of management, including but not limited to general political and economic conditions, potential adverse impacts from future tariffs and trade restrictions, inflation rates and global exchange rates; and the other risks described in Viatris' filings with the Securities and Exchange Commission ("SEC"). Viatris routinely uses its website as a means of disclosing material information to the public in a broad, non-exclusionary manner for purposes of the SEC's Regulation Fair Disclosure (Reg FD). Viatris undertakes no obligation to update these statements for revisions or changes after the date of this press release other than as required by law.

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SOURCE Viatris Inc.

FAQ

What Phase 3 results did Viatris (VTRS) announce for VR-205 in Japanese IgA nephropathy on June 29, 2026?

Viatris announced that VR-205 met the primary endpoint in a Phase 3 study in Japanese adults with primary IgA nephropathy. According to Viatris, VR-205 achieved a 33.75% reduction in geometric mean urine protein-to-creatinine ratio (UPCR) at 9 months versus baseline.

Did VR-205 meet the primary and key secondary endpoints in Viatris (VTRS) Japanese Phase 3 IgA nephropathy trial?

Yes, VR-205 met the primary endpoint and key secondary endpoints in the Japanese Phase 3 trial. According to Viatris, the drug significantly reduced UPCR, improved estimated glomerular filtration rate, and lowered serum creatinine and urine albumin-to-creatinine ratio at 9 months compared to baseline.

What safety and tolerability profile did VR-205 show in the Japanese Phase 3 study reported by Viatris (VTRS)?

VR-205 was generally well tolerated during nine months of treatment in Japanese adults with primary IgA nephropathy. According to Viatris, its safety profile was consistent with the known safety profile of targeted-release budesonide observed previously in non-Japanese patients.

How did VR-205 affect progression to dialysis or severe renal impairment in Viatris (VTRS) Japanese Phase 3 trial?

No study participants progressed to dialysis, kidney transplant, or severe renal impairment by study end. According to Viatris, no patients reached an eGFR of 15 mL/min per 1.73 m2 or less during the Phase 3 trial treatment and follow-up period.

When does Viatris (VTRS) plan to submit a Japan New Drug Application for VR-205 in IgA nephropathy?

Viatris is targeting submission of a New Drug Application for VR-205 in Japan by the end of 2026. According to Viatris, this filing would seek approval to treat Japanese adults with primary immunoglobulin A nephropathy at risk of end-stage renal disease.

What is the relationship between Viatris (VTRS) and Calliditas for VR-205 commercialization in Japan?

Viatris has an exclusive license agreement with Calliditas to commercialize VR-205 for primary IgA nephropathy in Japan. According to Viatris, the product is already approved as Tarpeyo in the United States and Kinpeygo in Europe for this indication.