STOCK TITAN

Aardvark Therapeutics (AARD) widens HERO Phase 3 PWS trial, targets Q3 2026 data

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Aardvark Therapeutics, Inc. announced U.S. Institutional Review Board approval of an amended protocol for its Phase 3 HERO trial of lead candidate ARD-101 in Prader-Willi Syndrome. The change lowers the minimum enrollment age from 10 to 7 years for U.S. participants.

The randomized, double-blind, placebo-controlled HERO study plans to enroll 90 patients across the U.S., Australia, Canada, the U.K. and South Korea, measuring change in Hyperphagia Questionnaire for Clinical Trials scores at Week 12 as the primary endpoint. Enrollment is described as progressing steadily, with topline data targeted for the third quarter of 2026.

Positive

  • None.

Negative

  • None.

Insights

Protocol change broadens HERO trial access and clarifies ARD-101 Phase 3 timelines.

Aardvark Therapeutics obtained U.S. IRB approval for an amended Phase 3 HERO protocol that lowers the minimum age of Prader-Willi Syndrome participants from 10 to 7 years. This may allow more eligible U.S. patients into the trial while maintaining its randomized, double-blind, placebo-controlled design.

The HERO trial targets 90 patients across five countries, with a primary endpoint based on change in Hyperphagia Questionnaire for Clinical Trials scores from baseline to Week 12. Secondary measures include caregiver and clinician global severity impressions, and all completers may enter an open-label extension.

Management reiterates that enrollment is progressing and that topline Phase 3 HERO data are planned for the third quarter of 2026. ARD-101, which has Orphan Drug and Rare Pediatric Disease designations for Prader-Willi Syndrome, acts as a gut-restricted TAS2R agonist that stimulates gut hormones such as GLP-1 and CCK, aligning the trial with its proposed hunger-suppression mechanism.

false000177485700017748572026-02-102026-02-10

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 10, 2026

 

 

Aardvark Therapeutics, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-42513

82-1606367

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

4370 La Jolla Village Drive, Suite 1050

 

San Diego, California

 

92122

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (858) 225-7696

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.00001 per share

 

AARD

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events.

On February 10, 2026, Aardvark Therapeutics, Inc. (the “Company”) issued a press release announcing that Institutional Review Board approval has been granted in the United States for an amended protocol to its ongoing Phase 3 HERO pivotal clinical trial evaluating ARD-101 for the treatment of hyperphagia in individuals with Prader-Willi Syndrome. The amended protocol, submitted to the U.S. Food and Drug Administration, lowers the minimum age of eligibility for participation in the Phase 3 HERO pivotal clinical trial from ten to seven years old. The full text of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

 

 

Exhibit
No.

Description

99.1

Press Release, dated February 10, 2026.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

AARDVARK THERAPEUTICS, INC.

 

 

 

 

Date:

February 10, 2026

By:

/s/ Tien-Li Lee, M.D.

 

 

 

Tien-Li Lee, M.D.
Chief Executive Officer

 


Exhibit 99.1

img213560662_0.gif

Aardvark Therapeutics Announces FDA Submission and IRB Approval of Amended Trial Protocol for Lead Candidate ARD-101, Expanding Eligibility in Phase 3 Study of Prader-Willi Syndrome

 

Protocol Expansion Broadens Phase 3 HERO Trial Eligibility Criteria to Include Children Ages 7+ in the United States

 

SAN DIEGO, February 10, 2026 -- Aardvark Therapeutics, Inc. (Aardvark) (Nasdaq: AARD), a clinical-stage biopharmaceutical company focused on developing novel, small-molecule therapeutics to activate innate homeostatic pathways for the treatment of metabolic diseases, today announced that Institutional Review Board (IRB) approval has been granted in the United States for an amended protocol to its ongoing Phase 3 HERO pivotal clinical trial evaluating ARD-101 for the treatment of hyperphagia in individuals with Prader-Willi Syndrome (PWS). The amended protocol, submitted to the U.S. Food and Drug Administration (FDA), lowers the minimum age of eligibility for trial participation from 10 to 7 years old.

 

This protocol amendment reflects Aardvark’s continued focus on reducing barriers to participation and expanding access for those affected by PWS, a rare genetic disorder characterized by chronic hyperphagia. By expanding enrollment to younger children who meet eligibility criteria, the HERO trial may better capture the potential impact of ARD-101 in the PWS population.

 

“We are very pleased to report this important protocol expansion, which allows us to broaden the patient population for our Phase 3 HERO trial to include children as young as 7 years of age in the U.S.,” said Tien Lee, M.D., Founder and Chief Executive Officer of Aardvark. “Hyperphagia may begin early in life for some individuals with PWS, and it presents a persistent burden for patients and caregivers. Expanding eligibility reflects our commitment to addressing the urgent need in the PWS community for a differentiated therapy and we aim to ensure broad and equitable access.”

 

Dr. Lee added, “Enrollment in HERO is progressing steadily and remains on track to report topline data in the third quarter of 2026. We believe these data will further inform our understanding of ARD-101’s potential role as a differentiated therapeutic approach for the treatment of hyperphagia associated with PWS.”

 

About the HERO Trial
The Hunger Elimination or Reduction Objective (HERO) trial (NCT06828861) is a Phase 3 randomized, double-blind, placebo-controlled trial assessing ARD-101 for the treatment of hyperphagia in patients with Prader-Willi Syndrome (PWS). Aardvark plans to enroll 90 patients in this clinical trial across the U.S., Australia, Canada, the United Kingdom and

 


 

 

 

South Korea. The primary endpoint is change in the Hyperphagia Questionnaire for Clinical Trials (HQ-CT) score from baseline to Week 12. Secondary outcome measures include change in Caregiver Global Impression of Severity (CaGI-S) for hyperphagia in PWS patients and change in Clinical Global Impression of Severity (CGI-S) score for hyperphagia in PWS patients. All participants who complete the 12-week clinical trial will have the option to participate in an Open Label Extension trial. More information about the study can be found at www.heroforpws.com.

 

About ARD-101
ARD-101 is a gut-restricted small molecule agonist of select taste receptors (TAS2Rs) expressed on the luminal side of the intestine. As a potent bitter taste receptor pan-agonist, ARD-101 stimulates enteroendocrine cells of the digestive tract to release multiple gut-peptide hormones, including GLP-1 and the satiety hormone cholecystokinin (CCK), which activates gut-brain neurologic signaling to mediate hunger. ARD-101 has demonstrated an ability to reduce hunger when used alone or in combination with currently available GLP-1 therapies. The FDA has granted ARD-101 both Orphan Drug Designation and Rare Pediatric Disease Designation for Prader-Willi Syndrome (PWS).

 

ARD-101 is being evaluated in the Phase 3 HERO trial for hyperphagia associated with PWS.

 

About Aardvark Therapeutics, Inc.

Aardvark is a clinical-stage biopharmaceutical company developing novel, small-molecule therapeutics designed to suppress hunger for the treatment of Prader-Willi Syndrome (PWS) and metabolic diseases. Hunger, which is the discomfort from not having eaten recently, is a distinct neural signaling pathway separate from appetite, the reward-seeking desire for food. Our programs explore therapeutic applications in hunger-associated indications and potential complementary uses with anti-appetite therapies. Our lead compound, oral ARD-101, is in Phase 3 clinical development for the treatment of hyperphagia associated with PWS, a rare disease characterized by insatiable hunger. Aardvark is also developing ARD-201, a planned fixed-dose combination of ARD-101 with a DPP-4 inhibitor, through two separate Phase 2 trials with a goal of addressing some of the limitations of currently marketed GLP-1 therapies for obesity and obesity-related conditions. For more information, visit www.aardvarktherapeutics.com.

 

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include, but are not limited to, statements concerning: Aardvark’s business strategy, product candidates, ongoing clinical trials, planned clinical trials, expected timing for data readouts and reporting interim, preliminary or topline results, likelihood of success, as well as plans and objectives of management for future operations. The words, without limitation, “anticipate,” “believe,”

 


 

 

 

“continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these or similar identifying words. Forward-looking statements in this press release include statements regarding ARD-101, including the expected timeline for receiving topline data from the Phase 3 HERO trial, the potential for younger patients to benefit from early intervention, the potential that the change in eligibility criteria will allow Aardvark to better capture the potential impact of ARD-101 or increase enrollment in the Phase 3 HERO trial, and the intended sites for conducting and completing enrollment for the trial. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: uncertainties related to potential delays in the commencement, enrollment and completion of clinical trials; the risk that Aardvark may use its capital resources sooner than expected and that they may be insufficient to allow Aardvark to achieve its anticipated milestones; risks related to its dependence on third parties for manufacturing, shipping and production of drug product for use in clinical trials and preclinical studies; the risk of unfavorable clinical trial results; the risk that results from earlier clinical trials and preclinical studies may not necessarily be predictive of future results; and other risks and uncertainties, including the factors described under the “Risk Factors” section of Aardvark’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 that Aardvark filed with the Securities and Exchange Commission on November 13, 2025. When evaluating Aardvark’s business and prospects, careful consideration should be given to these risks and uncertainties. Any forward-looking statements contained in this press release are based on the current expectations of Aardvark’s management team and speak only as of the date hereof, and Aardvark specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, unless required by law.

 

Investor Contact:

Argot Partners

Aardvark@Argotpartners.com

 

Media Contact:

Andrea Cohen
Sam Brown LLC

(917) 209-7163
andreacohen@sambrown.com

 

 

# # #

 

 

 

 


FAQ

What did Aardvark Therapeutics (AARD) announce about the HERO Phase 3 trial?

Aardvark Therapeutics announced U.S. IRB approval for an amended protocol to its Phase 3 HERO trial of ARD-101 in Prader-Willi Syndrome. The amendment broadens eligibility and supports ongoing enrollment toward planned topline data in the third quarter of 2026.

How did Aardvark (AARD) change age eligibility in the HERO Phase 3 PWS study?

The amended HERO trial protocol lowers the minimum age for U.S. participants from 10 to 7 years. This change is intended to expand access for younger children with Prader-Willi Syndrome who meet eligibility criteria, potentially increasing enrollment in the Phase 3 study.

What is ARD-101, Aardvark Therapeutics’ lead candidate in Prader-Willi Syndrome?

ARD-101 is an oral, gut-restricted small molecule that activates bitter taste receptors (TAS2Rs) in the intestine. It stimulates enteroendocrine cells to release hormones like GLP-1 and CCK, engaging gut-brain pathways that help mediate hunger in conditions such as Prader-Willi Syndrome.

What are the key design features of Aardvark’s (AARD) Phase 3 HERO trial?

The HERO trial is a Phase 3 randomized, double-blind, placebo-controlled study enrolling 90 Prader-Willi Syndrome patients across five countries. Its primary endpoint is change in Hyperphagia Questionnaire for Clinical Trials score from baseline to Week 12, with several caregiver and clinician severity measures as secondary endpoints.

When does Aardvark Therapeutics expect topline data from the HERO Phase 3 trial?

Aardvark Therapeutics states that enrollment in the HERO Phase 3 trial is progressing steadily and remains on track to deliver topline data in the third quarter of 2026. These results are expected to further clarify ARD-101’s potential in treating hyperphagia in Prader-Willi Syndrome.

What regulatory designations has ARD-101 received for Prader-Willi Syndrome?

ARD-101 has received both Orphan Drug Designation and Rare Pediatric Disease Designation from the U.S. Food and Drug Administration for Prader-Willi Syndrome. These designations recognize the rarity and seriousness of the condition and can offer potential incentives for the therapy’s development.

Filing Exhibits & Attachments

2 documents
Aardvark Therapeutics

NASDAQ:AARD

AARD Rankings

AARD Latest News

AARD Latest SEC Filings

AARD Stock Data

267.38M
18.60M
14.41%
50.61%
3.07%
Biotechnology
Pharmaceutical Preparations
Link
United States
SAN DIEGO