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Climb Bio (NASDAQ: CLYM) advances CLYM116 toward Phase 2 IgAN trial

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

Rhea-AI Filing Summary

Climb Bio, Inc. reported translational pharmacometric modeling and initial Phase 1 safety data for CLYM116, its anti-APRIL monoclonal antibody. The data come from a Phase 1 study in Australia and a parallel Phase 1 study run by partner Beijing Mabworks Biotech in China.

Based on the safety profile observed so far and supportive preclinical results, Climb Bio plans to continue advancing CLYM116 in clinical development. Mabworks expects to begin dosing IgA nephropathy (IgAN) patients in the Phase 2 portion of its ongoing study in the third quarter of 2026, marking a move toward testing the drug in its target indication.

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Insights

Climb Bio advances CLYM116 from early safety data toward Phase 2 IgAN testing.

Climb Bio is highlighting early clinical progress for CLYM116, an anti-APRIL monoclonal antibody. Initial Phase 1 safety data from company-run trials in Australia and partner-run trials in China, together with preclinical work, support continued development toward kidney and autoimmune indications.

The filing notes Mabworks expects to start dosing IgA nephropathy patients in the Phase 2 portion of its ongoing study in the third quarter of 2026. This moves CLYM116 closer to testing in its core disease setting, but outcomes, regulatory paths, and commercial potential remain dependent on future trial data and approvals.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
translational pharmacometric modeling medical
"announced translational pharmacometric modeling and initial Phase 1 safety data for CLYM116"
anti-APRIL monoclonal antibody medical
"CLYM116, its anti-APRIL monoclonal antibody"
Phase 1 study medical
"These clinical data include results from a Phase 1 study being conducted by the Company in Australia"
A phase 1 study is the first stage of testing a new drug or medical treatment in people, focused primarily on safety, side effects and the right dose rather than proving effectiveness. Think of it as a short, closely monitored test drive that checks how the body tolerates the treatment and how it behaves inside the body; results matter to investors because positive safety and dosing data are needed before larger, more value-driving trials can begin.
Phase 2 portion medical
"initiate dosing in IgAN patients in the Phase 2 portion of its ongoing study"
IgA nephropathy medical
"develop treatments for primary membranous nephropathy, immune thrombocytopenia, systemic lupus erythematosus, IgA nephropathy"
A kidney disease caused when deposits of the antibody called IgA collect in the tiny filters of the kidney, gradually reducing their ability to clear waste — like grit building up in a water filter. It matters to investors because it creates demand for diagnostics, drugs and long‑term care, drives clinical trial activity and regulatory decisions, and can influence the financial outlook of companies in pharma, biotech, medical devices and health insurance.
technology transfer and exclusive license agreement financial
"its technology transfer and exclusive license agreement with Mabworks"
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false 0001768446 0001768446 2026-06-05 2026-06-05
 
 

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): June 5, 2026

 

 

CLIMB BIO, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   001-40708   83-2273741

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

20 William Street, Suite 145

Wellesley Hills, Massachusetts

    02481
(Address of Principal Executive Offices)     (Zip Code)

Registrant’s Telephone Number, Including Area Code: (866) 857-2596

Not Applicable

(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 (see General Instruction A.2. below):

 

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 $0.0001 per share   CLYM  

The Nasdaq Stock Market LLC

(The Nasdaq Global Market)

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 June 5, 2026, Climb Bio, Inc. (the “Company”) announced translational pharmacometric modeling and initial Phase 1 safety data for CLYM116, its anti-APRIL monoclonal antibody:

 

   

A translational pharmacokinetic/pharmacodynamic model derived from pooled non-human primate (“NHP”) data projected healthy human exposure and dose-dependent IgA suppression for CLYM116, suggesting the potential for less-frequent dosing than first generation anti-APRIL approaches.

 

   

Literature analysis shows strong correlation in IgA reduction between NHP and healthy volunteer studies.

 

   

Global Phase 1 strategy, incorporating parallel healthy volunteer datasets ex-China and China (n≈80, doses 25 mg to 640 mg), expected to support a robust population pharmacokinetic foundation to inform dose selection.

 

   

CLYM116 has been generally well tolerated based on preliminary safety data from healthy volunteers receiving single doses up to 320 mg or placebo (n=49), with no unexpected safety findings reported to date.

 

  o

No serious adverse events, dose limiting toxicities, or adverse event related discontinuations observed.

 

  o

All adverse events observed were mild to moderate (Grade 1-2), transient, and self-resolving.

 

  o

Injection site reactions observed in two patients, both Grade 1, and resolved without intervention.

These clinical data include results from a Phase 1 study being conducted by the Company in Australia, and a parallel ongoing Phase 1 study being conducted by the Company’s partner, Beijing Mabworks Biotech (“Mabworks”), in China. With the safety profile observed to date and supportive preclinical data, the Company plans to continue to advance CLYM116 into further clinical development, and Mabworks expects to initiate dosing in IgAN patients in the Phase 2 portion of its ongoing study in the third quarter of 2026.

Forward-Looking Statements

This Current Report on Form 8-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding: future expectations, plans and prospects for the Company; expectations regarding the therapeutic benefits, clinical potential and clinical development of CLYM116; the anticipated timelines for announcing data from the Company’s ongoing and planned clinical trials; the anticipated timelines for enrolling patients in planned clinical trials; the Company’s expectations regarding the translation of results observed in preclinical animal model models to humans; the anticipated benefits of the Company’s technology transfer and exclusive license agreement with Mabworks; and other statements containing the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “suggest,” “target,” “would,” “will,” “working” and similar expressions. Forward-looking statements are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in, or implied by, such forward-looking statements. The Company may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, important risks and uncertainties associated with: the ability of the Company to timely and successfully achieve or recognize the anticipated benefits of its acquisition of Tenet Medicines, Inc. and its technology transfer and exclusive license agreement with Mabworks; the Company’s ability to advance budoprutug and CLYM116 on the timelines expected or at all and to obtain and maintain necessary approvals from the U.S. Food and Drug Administration and other regulatory authorities; obtaining and maintaining the necessary approvals from investigational review boards at clinical trial sites and independent data safety monitoring boards; replicating in clinical trials positive results found in early-stage clinical trials or nonclinical studies; competing successfully with other companies that are seeking to develop treatments for primary membranous nephropathy, immune thrombocytopenia, systemic lupus erythematosus, IgA nephropathy and other immune-mediated diseases; maintaining or protecting intellectual property rights related to budoprutug, CLYM116 and/or its other product candidates; managing expenses; changes in applicable laws or regulation; the possibility that the Company may be adversely affected by other economic, business and/or competitive factors; and raising the substantial additional capital needed, on the timeline necessary, to continue development of budoprutug, CLYM116 and any other product candidates the Company may develop. For a discussion of other risks and uncertainties, and other important factors, any of which could cause the Company’s actual results to differ materially from those contained in the forward-looking statements, see the “Risk Factors” section, as well as discussions of potential risks, uncertainties and other important factors, in the Company’s most recent filings with the U.S. Securities and Exchange Commission. In addition, the forward-looking statements included in this Current Report on Form 8-K represent the Company’s views as of the date hereof and should not be relied upon as representing the Company’s views as of any date subsequent to the date hereof. The Company anticipates that subsequent events and developments will cause the Company’s views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law.

 


SIGNATURES

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

 

      Climb Bio, Inc.
Date: June 5, 2026     By:  

/s/ Aoife Brennan

            Aoife Brennan, M.B., Ch.B.
            President and Chief Executive Officer

FAQ

What clinical update did Climb Bio (CLYM) provide on CLYM116?

Climb Bio reported translational pharmacometric modeling and initial Phase 1 safety data for CLYM116, its anti-APRIL monoclonal antibody. The update reflects early clinical experience from company and partner studies and supports continued development of this investigational therapy.

Where are Climb Bio and Mabworks conducting CLYM116 Phase 1 studies?

Climb Bio is running a Phase 1 study of CLYM116 in Australia, while its partner Beijing Mabworks Biotech is conducting a parallel Phase 1 study in China. These combined efforts provide broader early safety and pharmacology information across different clinical settings.

How does Climb Bio plan to advance CLYM116 after the Phase 1 data?

Climb Bio plans to continue advancing CLYM116 in clinical development, based on the safety profile observed to date and supportive preclinical data. Further trials are expected to evaluate the antibody’s potential in immune-mediated kidney and autoimmune diseases.

When will Mabworks begin Phase 2 dosing of CLYM116 in IgAN patients?

Mabworks expects to initiate dosing of IgA nephropathy (IgAN) patients in the Phase 2 portion of its ongoing CLYM116 study in the third quarter of 2026. This milestone would move CLYM116 into testing directly within its target disease population.

Which diseases is Climb Bio targeting with CLYM116 and its other programs?

Climb Bio’s programs, including CLYM116 and budoprutug, are aimed at immune-mediated diseases such as primary membranous nephropathy, immune thrombocytopenia, systemic lupus erythematosus, and IgA nephropathy. The company highlights a broad focus on serious autoimmune and kidney-related conditions.

What key risks does Climb Bio cite around CLYM116 development?

Climb Bio cites risks in achieving benefits from its Tenet Medicines acquisition and Mabworks license, advancing budoprutug and CLYM116 on expected timelines, obtaining regulatory and ethics approvals, protecting intellectual property, competing therapies, and raising substantial additional capital for development activities.

Filing Exhibits & Attachments

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