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Ultragenyx Phase 3 Angelman trial misses goals

Ultragenyx’s Phase 3 Aspire trial of apazunersen in Angelman syndrome failed key efficacy endpoints, prompting a review of the program and planned significant cost reductions.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Ultragenyx Pharmaceutical Inc. (RARE) reported that its Phase 3 Aspire study of apazunersen (GTX-102) in Angelman syndrome did not meet the primary endpoint of change from Baseline in Bayley-4 cognitive raw score or the key secondary endpoint of net response in the Multidomain Responder Index. The safety profile in Aspire was consistent with the earlier Phase 1/2 study, and randomized groups were comparable at baseline. Ultragenyx plans to evaluate the future of the apazunersen program in light of these results and to assess its planned operations to define and implement significant expense reductions while continuing to support its growing commercial business.

Positive

  • None.

Negative

  • Phase 3 Aspire study for apazunersen in Angelman syndrome failed its primary and key secondary efficacy endpoints, removing a potential late-stage pipeline value driver.
  • Ultragenyx plans to implement significant expense reductions, indicating potential restructuring and cost-cutting in response to the unsuccessful trial outcome.

Insights

Analyzing...

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Announcement date September 2, 2026 Date Ultragenyx reported Phase 3 Aspire trial results for apazunersen
Trial phase Phase 3 Stage of Aspire study for apazunersen in Angelman syndrome
Key efficacy endpoints not met 2 endpoints Primary Bayley-4 cognitive raw score and key secondary MDRI net response
Phase 3 Aspire study medical
"announced results from the Phase 3 Aspire study for apazunersen"
Angelman syndrome medical
"apazunersen (GTX-102) in Angelman syndrome"
A rare genetic disorder that causes severe developmental delays, problems with movement and balance, limited speech, and frequent seizures; it results from a missing or malfunctioning gene that acts like a broken instruction in the body’s manual for brain development. Investors watch it because treatments are a focus of drug development—successful therapies or clinical trial results can change the commercial outlook for biotech firms working on targeted genetic or neurological medicines.
Bayley-4 cognitive raw score medical
"primary endpoint of change from Baseline in Bayley-4 cognitive raw score"
Multidomain Responder Index medical
"key secondary endpoint of net response in Multidomain Responder Index"
significant expense reductions financial
"assess its planned operations to define and implement significant expense reductions"

FAQ

What did Ultragenyx (RARE) announce about the Phase 3 Aspire study for apazunersen?

Ultragenyx announced that the Phase 3 Aspire study of apazunersen (GTX-102) in Angelman syndrome did not achieve its primary Bayley-4 cognitive raw score endpoint or the key secondary MDRI net response endpoint. The company will evaluate the program based on this outcome.

Which endpoints were missed in Ultragenyx’s Aspire Phase 3 trial reported in this 8-K?

The trial missed the primary endpoint of change from Baseline in Bayley-4 cognitive raw score and the key secondary endpoint of net response in the Multidomain Responder Index, with no supportive differences seen between treated and control groups.

How was the safety profile of apazunersen in the Phase 3 Aspire study according to Ultragenyx (RARE)?

Ultragenyx reported that the safety profile of apazunersen in the Phase 3 Aspire study was consistent with the Phase 1/2 study, indicating no new safety issues were observed in the larger, randomized setting.

What operational changes does Ultragenyx plan following the Aspire Phase 3 results?

Ultragenyx stated it will assess its planned operations to define and implement significant expense reductions, while continuing to support its growing commercial business after the unsuccessful Aspire Phase 3 trial outcome.

What are the implications for Ultragenyx’s apazunersen program after the Aspire trial results?

Ultragenyx said it will evaluate the apazunersen program in light of the Phase 3 Aspire trial failing key endpoints and then make a decision on its disposition, which could include changes to or discontinuation of the program.

When did Ultragenyx announce the Aspire Phase 3 trial results for apazunersen?

Ultragenyx announced the Aspire Phase 3 trial results for apazunersen on September 2, 2026, as disclosed in the current report signed by Executive Vice President and Chief Financial Officer, Corporate Strategy, Howard Horn.

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

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0001515673false00015156732026-09-022026-09-02

 

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): September 02, 2026

 

 

Ultragenyx Pharmaceutical Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-36276

27-2546083

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

60 Leveroni Court

 

Novato, California

 

94949

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 415 483-8800

 

 

(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, $0.001 par value

 

RARE

 

Nasdaq Global Select 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 September 2, 2026, Ultragenyx Pharmaceutical Inc. (“Ultragenyx” or the “Company”) announced results from the Phase 3 Aspire study for apazunersen (GTX-102) in Angelman syndrome. The study did not achieve the primary endpoint of change from Baseline in Bayley-4 cognitive raw score nor the key secondary endpoint of net response in Multidomain Responder Index (“MDRI”). The safety profile observed in Aspire was consistent with Phase 1/2.

In Aspire, the randomized groups were comparable at baseline and consistent with the patients studied in Phase 2. There were no differences between the treated and control groups that could support efficacy in the Bayley Cognition raw scores nor in the MDRI when looking at net response or mean changes of the individual five endpoints included in the MDRI.

The Company will evaluate the apazunersen program in light of this outcome and make a decision on its disposition. The Company will also assess its planned operations to define and implement significant expense reductions, while supporting its growing commercial business.

 


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.

 

 

 

Ultragenyx Pharmaceutical Inc.

 

 

 

 

Date:

September 2, 2026

By:

/s/ Howard Horn

 

 

 

Howard Horn
Executive Vice President, Chief Financial Officer, Corporate Strategy

 


Filing Exhibits & Attachments

1 document