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Satellos (NASDAQ: MSLE) to present new SAT-3247 Duchenne data at ICNMD 2026

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Form Type
6-K

Rhea-AI Filing Summary

Satellos Bioscience Inc., a clinical-stage biotechnology company, reported that it will present new data from its SAT-3247 clinical development program at the 19th International Congress on Neuromuscular Diseases in Florence, Italy from July 7–11, 2026. The company will share six-month follow-up results from participants who completed its Phase 1b SAT-3247-CL-101 trial and entered the ongoing Phase 2 TRAILHEAD (LT-001) study, and will also give a Showcase Theatre presentation.

SAT-3247 is an investigational, orally administered small molecule designed to enhance muscle repair and regeneration in Duchenne muscular dystrophy and other degenerative muscle diseases by targeting AAK1. It is being evaluated in two Phase 2 trials, BASECAMP in pediatric patients and TRAILHEAD in adults, and is not yet approved by any health authority.

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ICNMD 2026 dates July 7–11, 2026 19th International Congress on Neuromuscular Diseases in Florence, Italy
Poster session time 10:30–11:15 a.m. LT-001 long-term follow-up poster on July 8, 2026
Showcase presentation time 4:05–4:20 p.m. Showcase Theatre talk on July 8, 2026
Phase 1b medical
"six-month follow-up data from participants who completed the Phase 1b SAT-3247-CL-101 trial"
"Phase 1b" is an early stage in testing a new medical treatment or vaccine, where it is given to a small group of people to evaluate its safety and determine the right dose. For investors, this phase signals progress in development, indicating the treatment is advancing through initial safety checks, which can influence expectations for future success and potential market impact.
Phase 2 medical
"with ongoing Phase 2 clinical studies, including TRAILHEAD, an open-label study in adult participants, and BASECAMP"
Phase 2 is the mid-stage clinical trial where a new drug or treatment is tested in a larger group of patients to see if it works and to keep checking safety after initial human testing. Think of it as a field test that proves whether a product actually delivers its promised benefit. Investors watch Phase 2 closely because its results strongly influence a medicine’s chances of reaching the market, the size of its potential sales, and the company’s valuation.
Duchenne muscular dystrophy medical
"regenerating skeletal muscle lost in Duchenne muscular dystrophy (DMD) and other degenerative muscle diseases"
A rare, inherited condition that progressively weakens muscles, Duchenne muscular dystrophy causes the body’s muscle fibers to break down over time, often leading to severe disability. For investors, it matters because the small, well-defined patient population, high unmet medical need and complex regulatory and pricing dynamics mean successes or failures in clinical trials, approvals, or therapies can have outsized effects on a company’s valuation and future revenue prospects.
AAK1 medical
"SAT-3247 targets AAK1, a protein that is a key regulator of the body’s natural muscle repair"
AAK1 is a human gene that makes a protein acting like a traffic controller inside cells, helping move and sort molecules into and out of the cell. Investors care because drugs that block or modify AAK1 can change how cells handle infections or neurological signals, so evidence that a therapy affects AAK1 can influence the value of biotech pipelines, clinical trial prospects, and future regulatory or commercial outcomes.
dystrophin-independent medical
"in a dystrophin-independent manner. This mechanistic feature offers SAT-3247 the potential for broad applicability"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2026

Commission File Number: 001-43107

SATELLOS BIOSCIENCE INC.
(Translation of registrant's name into English)

15 Allstate Parkway, Suite 600, Markham,
Ontario, Canada L3R 5B4

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

 

 


DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K  

Exhibit Description
   
99.1 Satellos to Present Clinical Program Updates at ICNMD 2026

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, thereunto duly authorized.

      SATELLOS BIOSCIENCE INC.    
  (Registrant)
   
  
Date: June 25, 2026     /s/ Elizabeth Williams, CPA, CA    
  Elizabeth Williams, CPA, CA
  Chief Financial Officer
  

EXHIBIT 99.1

Satellos to Present Clinical Program Updates at ICNMD 2026

TORONTO, June 25, 2026 (GLOBE NEWSWIRE) -- Satellos Bioscience Inc. (NASDAQ: MSLE, TSX: MSCL) (“Satellos” or the “Company”), a clinical-stage biotechnology company developing novel therapies to treat degenerative muscle diseases, today announced that new data from its SAT-3247 clinical development program will be featured at the 19th International Congress on Neuromuscular Diseases (ICNMD), taking place July 7–11, 2026, in Florence, Italy, at Fortezza da Basso.

Presentations will include a poster highlighting six-month follow-up data from participants who completed the Phase 1b SAT-3247-CL-101 trial and enrolled in the ongoing Phase 2 TRAILHEAD (LT-001) trial. Satellos will also participate in a Showcase Theatre presentation.

POSTER

LT-001: A Long-Term Follow-Up Study for Participants That Completed the SAT-3247-CL-101 Study: 6-Month Update

Presenter: Wildon Farwell, MD, MPH, Satellos Chief Medical Officer
Session: AM Break & Poster Tours
Date: Wednesday, July 8, 2026
Time: 10:30–11:15 a.m.
Location: Spadolini – Exhibit & Poster Hall

SHOWCASE THEATRE PRESENTATION

From Regeneration to Function: Advancing Muscle Repair with SAT-3247

Presenter: Wildon Farwell, MD, MPH, Satellos Chief Medical Officer
Date: Wednesday, July 8, 2026
Time: 4:05–4:20 p.m.
Location: Showcase Theatre ST01

ABOUT SAT-3247

SAT-3247 is an investigational, proprietary, oral, small molecule drug candidate being developed by Satellos as a novel approach to regenerating skeletal muscle lost in Duchenne muscular dystrophy (DMD) and other degenerative muscle diseases or injury conditions. Satellos is evaluating SAT-3247 as a potential treatment for DMD that is independent of dystrophin regardless of exon mutation status, with ongoing Phase 2 clinical studies, including TRAILHEAD, an open-label study in adult participants, and BASECAMP, a global, randomized, placebo-controlled study in pediatric participants. SAT-3247 is not yet approved by any health authority.

ABOUT SATELLOS BIOSCIENCE INC.

Satellos is a clinical-stage drug development company evaluating SAT-3247, a first-of-its-kind, orally administered small molecule therapy designed to enhance the body’s natural muscle repair and regeneration process in degenerative muscle diseases. SAT-3247 is being evaluated as a potential disease-modifying treatment, initially for DMD, in two Phase II clinical trials: BASECAMP in pediatrics and TRAILHEAD in adults. SAT-3247 targets AAK1, a protein that is a key regulator of the body’s natural muscle repair and regeneration biology, which Satellos discovered is disrupted in DMD and other degenerative conditions. By inhibiting AAK1, SAT-3247 is designed to re-establish a critical biochemical signal needed to guide this process, in a dystrophin-independent manner. This mechanistic feature offers SAT-3247 the potential for broad applicability as either a stand-alone treatment to potentially enhance muscle and function, or as adjunctive therapy alongside other approaches. Satellos has identified additional degenerative muscle diseases where enhancing muscle repair and regeneration may have therapeutic benefit and plans to pursue these opportunities in future clinical development. For more information, visit www.satellos.com.

NOTICE ON FORWARD-LOOKING STATEMENTS

This press release includes forward-looking information or forward-looking statements within the meaning of applicable securities laws regarding Satellos and its business, which may include, but are not limited to, statements regarding the potential for SAT-3247 to represent a disease modifying approach to the therapeutic treatment of people living with Duchenne; anticipated benefits to patients from a small molecule treatment for Duchenne; the advancement SAT-3247 through clinical trials; the pharmacodynamic properties and mechanism-of-action of SAT-3247; the potential of our approach in other degenerative muscle diseases and our plans to pursue those opportunities; SAT-3247’s prospective impact on Duchenne patients, patients with other degenerative muscle disease and on muscle regeneration generally; and Satellos’ technologies and drug development plans. All statements that are, or information which is, not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, occurrences or developments, are “forward-looking information or statements.” Often, but not always, forward-looking information or statements can be identified by the use of words such as “shall”, “intends”, “believe”, “plan”, “expect”, “intend”, “estimate”, “anticipate”, “potential”, “prospective” , “assert” or any variations (including negative or plural variations) of such words and phrases, or state that certain actions, events or results “may”, “might”, “can”, “could”, “would” or “will” be taken, occur, lead to, result in, or, be achieved. Such statements are based on the current expectations and views of future events of the management of the Company. These statements are based on assumptions and subject to risks and uncertainties. Although management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release, may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including, without limitation, risks relating to the pharmaceutical and bioscience industry (including the risks associated with preclinical and clinical trials and regulatory approvals), the research and development of therapeutics, the results of preclinical and clinical trials, general market conditions and equity markets, economic factors and management’s ability to manage and to operate the business of the Company generally, including inflation and the costs of operating a biopharma business, and those risks and uncertainties described in more detail in the “Risk Factors” section of Satellos’ Annual Information Form dated March 26, 2026 (which is located on Satellos’ profile at www.sedarplus.ca) and in Satellos’ public filings on SEDAR+ (sedarplus.ca) and EDGAR (sec.gov). Although Satellos has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Satellos does not undertake any obligation to publicly update or revise any forward-looking statement, whether resulting from new information, future events, or otherwise.

CONTACTS

Investors: Dan Ferry, LifeSci Advisors, daniel@lifesciadvisors.com
Media: Emily Williams, Senior Director of Communications, media@satellos.com

FAQ

What did Satellos Bioscience Inc. (MSLE) announce in this 6-K filing?

Satellos announced it will present new SAT-3247 clinical program data at ICNMD 2026. The updates include six-month follow-up results from a Phase 1b trial and information from the ongoing Phase 2 TRAILHEAD study in degenerative muscle diseases.

What is SAT-3247 in Satellos Bioscience’s clinical pipeline?

SAT-3247 is an investigational oral small molecule drug candidate targeting degenerative muscle diseases, including Duchenne muscular dystrophy. It aims to enhance the body’s natural muscle repair and regeneration by inhibiting AAK1, a regulator Satellos identified as disrupted in Duchenne and related conditions.

Which clinical trials of SAT-3247 will be highlighted by Satellos (MSLE)?

Satellos will highlight six-month follow-up data from participants in the Phase 1b SAT-3247-CL-101 trial who enrolled in the Phase 2 TRAILHEAD (LT-001) study. SAT-3247 is also being studied in BASECAMP, a global randomized, placebo-controlled Phase 2 trial in pediatric participants.

When and where will Satellos present SAT-3247 data at ICNMD 2026?

Satellos will present at ICNMD 2026 in Florence, Italy from July 7–11, 2026. A poster session and a Showcase Theatre talk featuring SAT-3247 data are scheduled on Wednesday, July 8, 2026, during morning and afternoon sessions, respectively.

Is SAT-3247 approved for use in patients with Duchenne muscular dystrophy?

SAT-3247 is not yet approved by any health authority. It remains an investigational therapy in Phase 2 clinical trials, being evaluated as a potential disease-modifying, dystrophin-independent treatment approach for Duchenne muscular dystrophy and other degenerative muscle diseases.

How does Satellos describe the mechanism of action of SAT-3247?

Satellos states that SAT-3247 inhibits AAK1, a protein regulating muscle repair and regeneration biology. By inhibiting AAK1, the drug candidate is designed to restore a critical biochemical signal for muscle repair in a dystrophin-independent manner, potentially allowing broad therapeutic applicability.

Filing Exhibits & Attachments

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