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Interim GX-03 eczema data from Turn Therapeutics (Nasdaq: TTRX)

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

Rhea-AI Filing Summary

Turn Therapeutics reported interim results from the first 50 subjects in its randomized, double-blind, vehicle-controlled Phase 2 trial of topical GX-03 for moderate-to-severe atopic dermatitis. In this interim cohort, 92.6% of GX-03-treated subjects achieved at least a 50% reduction in eczema severity at 4 weeks (EASI-50), compared with 65.2% for vehicle.

Deeper response thresholds also favored GX-03, with Week 4 EASI-90 responses of 44.4% versus 30.4% for vehicle, rising by Week 8 to 51.9% versus 34.8%. No treatment-related serious adverse events, tolerability issues, or discontinuations were observed during the interim period, supporting a favorable safety and tolerability profile.

The company is using these findings to refine enrollment criteria, endpoint hierarchy, and overall trial optimization while enrollment continues, and plans FDA interactions to discuss regulatory strategy for GX-03. Turn Therapeutics expects to present more detailed data at the Jefferies Global Healthcare conference on June 4, 2026.

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Insights

Interim Phase 2 GX-03 data show higher responder rates vs vehicle with clean safety, but results are early and exploratory.

The interim analysis from 50 subjects in the Phase 2 atopic dermatitis trial shows higher responder rates for GX-03 than vehicle across multiple EASI thresholds. At 4 weeks, EASI-50 responses were 92.6% for GX-03 versus 65.2% for vehicle, with deeper responses (EASI-90) also numerically higher.

Importantly, no treatment-related serious adverse events, tolerability concerns, or discontinuations were reported, which supports continued development from a safety standpoint in this dataset. The company is using these data to refine enrollment criteria, better control baseline disease measures, and prioritize earlier inflammatory burden endpoints, which may sharpen signal detection in the second stage of the trial.

While encouraging, these are interim findings from a limited cohort and the trial is still ongoing. The upcoming detailed presentation at the Jefferies Global Healthcare conference on June 4, 2026 and planned FDA interactions should provide more clarity on how regulators might view the efficacy and safety profile and how GX-03’s development pathway could evolve.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Interim cohort size 50 subjects First completed cohort in Phase 2 GX-03 trial
GX-03 Week 4 EASI-50 92.6% Subjects with ≥50% eczema severity reduction at 4 weeks
Vehicle Week 4 EASI-50 65.2% Vehicle-treated subjects with ≥50% reduction at 4 weeks
GX-03 Week 4 EASI-90 44.4% Subjects with 90% eczema severity reduction at 4 weeks
Vehicle Week 4 EASI-90 30.4% Vehicle-treated subjects with 90% reduction at 4 weeks
GX-03 Week 8 EASI-90 51.9% Subjects with 90% eczema severity reduction at 8 weeks
Vehicle Week 8 EASI-90 34.8% Vehicle-treated subjects with 90% reduction at 8 weeks
Phase 2 clinical trial clinical
"ongoing randomized, double-blind, vehicle-controlled Phase 2 clinical trial evaluating GX-03"
A phase 2 clinical trial is a research study that tests a new medical treatment or drug to see if it is effective and safe for a specific condition. It involves a larger group of people than earlier trials and helps determine whether the treatment should move forward to more extensive testing. For investors, successful phase 2 results can signal potential for future approval and commercial success, while setbacks may indicate challenges ahead.
atopic dermatitis clinical
"Phase 2 GX-03 Trial in Moderate-to-Severe Atopic Dermatitis"
A chronic inflammatory skin condition, often called eczema, that causes dry, itchy, red patches and recurring flare-ups; think of it as a persistent rash that can come and go over a person’s life. It matters to investors because its chronic nature and large patient population create steady demand for treatments, influence drug development and approval decisions, affect healthcare costs and reimbursement, and can drive revenue and valuation shifts for companies working on therapies and diagnostics.
EASI-50 clinical
"92.6% of GX-03-treated subjects achieved a 50% reduction in eczema severity in 4 weeks (EASI-50)"
EASI-90 clinical
"44.4% achieved a 90% reduction in 4 weeks (EASI-90); and 51.9% achieved a 90% reduction in 8 weeks (EASI-90)"
A clinical-trial endpoint that measures a 90% improvement in a patient’s eczema signs and affected skin area compared with their baseline score. It’s a high bar for treatment effectiveness—like cutting nine out of ten problem spots—and matters to investors because achieving EASI-90 can signal a therapy is substantially better than existing options, boosting chances of regulatory approval, market adoption, and commercial value.
independent data monitoring committee clinical
"The interim review was conducted under the study’s established independent data monitoring committee"
A panel of independent medical, statistical and ethical experts who review ongoing clinical trial data to judge participant safety, study integrity and whether the trial should continue, change or stop. Like impartial referees or safety inspectors, their decisions can speed, delay or halt a drug’s development and therefore materially affect a company’s timelines, regulatory chances and investment risk.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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false 0002023016 0002023016 2026-06-01 2026-06-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

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 1, 2026

 

TURN THERAPEUTICS INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-42875   32-0456090
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer
Identification Number)

 

250 N. Westlake Blvd., Westlake Village, California   91362
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (818) 564-4011

 

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   Name of Each Exchange on Which Registered
Common Stock, par value $0.0001 per share   TTRX   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 7.01 Regulation FD Disclosure.

 

On June 1, 2026, Turn Therapeutics Inc. issued a press release (the “Press Release”). A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in Item 7.01 of this Current Report on Form 8-K and the Press Release furnished as Exhibit 99.1 hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
99.1   Press Release, dated June 1, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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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.

 

  TURN THERAPEUTICS INC.
   
Date: June 1, 2026  
   
  By: /s/ Bradley Burnam
  Name:  Bradley Burnam
  Title: Chief Executive Officer

 

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Exhibit 99.1

 

 

 

Turn Therapeutics Reports Interim Analysis Findings and Adaptive Optimization Strategy from Phase 2 GX-03 Trial in Moderate-to-Severe Atopic Dermatitis

 

92.6% of GX-03-treated subjects achieved a 50% reduction in eczema severity in 4 weeks (EASI-50); 70.4% achieved a 75% reduction in 4 weeks (EASI-75); 44.4% achieved a 90% reduction in 4 weeks (EASI-90); and 51.9% achieved a 90% reduction in 8 weeks (EASI-90)

 

Interim analysis informed refinement of enrollment criteria, endpoint hierarchy, and overall trial optimization strategy

 

No treatment-related serious adverse events observed in either treatment group; no treatment-related tolerability issues or discontinuations reported during the interim analysis period

 

Westlake Village, Calif. – June 1, 2026 – Turn Therapeutics Inc. (Nasdaq: TTRX), a clinical-stage biotechnology company developing targeted, localized therapies for inflammatory skin diseases, today announced interim analysis findings from the first 50 completed subjects enrolled in its ongoing randomized, double-blind, vehicle-controlled Phase 2 clinical trial evaluating GX-03 in adults with moderate-to-severe atopic dermatitis.

 

The interim review was conducted under the study’s established independent data monitoring committee (“IDMC”) framework. Upon the advice of the Company’s independent statisticians and clinical and regulatory advisors, including former FDA Commissioner Dr. Stephen Hahn, Turn Therapeutics elected to utilize the completed cohort as an integrated Stage 1 analysis to comprehensively evaluate responder dynamics, endpoint sensitivity, inflammatory burden behavior, and opportunities to optimize the second stage of the trial while enrollment continued. The Company believed that the complexity of atopic dermatitis and the evaluation of efficacy across multiple clinical endpoints and timepoints warranted a broader assessment than conditional probability analysis of a single endpoint to inform trial optimization, future regulatory planning, and better characterize where GX-03 treatment effects appear most visible.

 

Within the completed interim cohort, 92.6% of GX-03-treated subjects achieved at least a 50% reduction in overall eczema severity within 4 weeks (EASI-50) compared to 65.2% for vehicle-treated subjects. Additional separation was observed across deeper responder thresholds designed to measure near-clearance of disease, including Week 4 EASI-90 responses (90% reduction) of 44.4% for GX-03 versus 30.4% for vehicle, which further increased to 51.9% versus 34.8%, respectively, by Week 8. These findings suggest that a substantial proportion of GX-03-treated subjects experienced rapid and progressively deeper reductions in eczema severity over the course of treatment.

 

 

 

 

There were no observed or reported treatment-related serious adverse events during the interim analysis period, no treatment-related tolerability concerns reported by subjects, and no treatment-related discontinuations, with GX-03 continuing to demonstrate a favorable safety and tolerability profile.

 

 

 

“What became increasingly apparent during the interim review was the speed with which responses emerged,” said Bradley Burnam, Chief Executive Officer of Turn Therapeutics. “The review identified opportunities to refine enrollment criteria and endpoint selection while providing valuable insight into where GX-03 activity appears most visible. The consistency of response across earlier efficacy measures suggests clinically meaningful improvement may emerge sooner than originally anticipated, which could have important implications for both future regulatory strategy and patient outcomes.”

 

Skin and inflammatory disease expert Dr. Stephen Bresnick, who recently coauthored a peer-reviewed publication on GX-03 and its role in modulating inflammatory signaling within the skin microenvironment, commented: “In inflammatory skin disease, earlier control can have a meaningful impact on both disease burden and patient quality of life. Seeing rapid responder activity alongside a favorable safety and tolerability profile is encouraging and supports the potential for GX-03 to become an important first-line treatment option if these findings continue to be observed as development progresses.”

 

The Company is now strategically utilizing the interim findings to optimize the remainder of the trial, including refinement of enrollment criteria to better control for baseline EASI and body surface area involvement in a manner more consistent with comparable atopic dermatitis studies, as well as increased focus on earlier inflammatory burden endpoints following observation of higher-than-anticipated vehicle response within subsets of the study population. Enrollment has continued throughout the interim analysis process and is nearing completion of the originally planned target population. In parallel, the Company is preparing to initiate FDA interactions, including a requested meeting to discuss the evolving regulatory strategy for GX-03 and potential pathways that may support more efficient advancement of the program toward market following successful completion of the trial.

 

Turn Therapeutics plans to present detailed findings during the Jefferies Global Healthcare conference in New York on June 4, 2026. A live webcast of the presentation may be accessed on the Investors section of the Turn Therapeutics website at https://ir.turntherapeutics.com/news-events/events.

 

###

 

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About GX-03

 

GX-03 is an investigational extended-release topical formulation designed to provide sustained localized exposure to polyhexanide at the skin surface. GX-03 is being developed as a targeted, localized therapy for inflammatory skin diseases.

 

About Turn Therapeutics

 

Turn Therapeutics is a clinical-stage biotechnology company focused on developing targeted, localized therapies for inflammatory and infectious skin diseases.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including statements regarding clinical development plans, optimization of enrollment criteria and endpoints, interpretation of interim clinical observations, expected trial timing, regulatory interactions, and the therapeutic potential of GX-03. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Turn’s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict, including risks related to the success of development programs, the availability of additional financing, and the Company’s ability to execute its strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Turn Therapeutics in general, see the risk disclosures in the Company’s filings with the SEC. All such forward-looking statements speak only as of the date they are made, and Turn undertakes no obligation to update or revise these statements, whether as a result of new information, future events, or otherwise.

 

Investor Relations / Media Contact 

 

Sasha Damouni 
Damouni Group LLC 
Sasha@damounigroup.com 

 

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FAQ

What interim Phase 2 results did Turn Therapeutics (TTRX) report for GX-03 in atopic dermatitis?

Turn Therapeutics reported interim Phase 2 data from 50 adults with moderate-to-severe atopic dermatitis. GX-03 showed higher responder rates than vehicle across multiple EASI thresholds and timepoints, including 92.6% achieving EASI-50 at four weeks versus 65.2% for vehicle.

How did GX-03 perform versus vehicle on key EASI response measures for Turn Therapeutics (TTRX)?

GX-03 outperformed vehicle on several EASI thresholds. At four weeks, 92.6% of GX-03 subjects achieved EASI-50 versus 65.2% for vehicle, while EASI-90 responses were 44.4% versus 30.4%, increasing by week eight to 51.9% versus 34.8%, respectively.

What safety outcomes were observed in the interim GX-03 Phase 2 trial by Turn Therapeutics (TTRX)?

During the interim analysis period, there were no observed or reported treatment-related serious adverse events, no treatment-related tolerability concerns, and no treatment-related discontinuations in either group, supporting a favorable safety and tolerability profile for GX-03 in this dataset.

How is Turn Therapeutics (TTRX) using the interim GX-03 data to optimize its Phase 2 trial?

Turn Therapeutics is refining enrollment criteria to better control baseline EASI scores and body surface area involvement and is adjusting endpoint hierarchy. The company is placing more focus on earlier inflammatory burden endpoints after observing higher-than-anticipated vehicle responses in certain subsets.

What are Turn Therapeutics’ (TTRX) next steps for GX-03 following the interim Phase 2 analysis?

Turn Therapeutics is continuing trial enrollment toward the original target population and preparing to initiate FDA interactions, including a requested meeting on regulatory strategy. The company also plans to present detailed findings at the Jefferies Global Healthcare conference on June 4, 2026.

What is GX-03 and what condition is Turn Therapeutics (TTRX) targeting?

GX-03 is an investigational extended-release topical formulation designed to provide sustained localized exposure to polyhexanide at the skin surface. Turn Therapeutics is developing GX-03 as a targeted, localized therapy for inflammatory skin diseases, including moderate-to-severe atopic dermatitis.

Filing Exhibits & Attachments

4 documents