UNITY Biotech Stock Jumps On Additional Data From UBX1325 Trial In Vascular Eye Disease

Loading...
Loading...

UNITY Biotechnology Inc's UBX 24-week data from the Phase 1 study of UBX1325 was presented at the Bascom Palmer Eye Institute Angiogenesis, Exudation, and Degeneration 2022 conference. 

  • UBX1325 was well-tolerated without signs of intraocular inflammation or other related ocular adversities.
  • In the higher dose cohorts with diabetic macular edema (DME) patients, a mean improvement of 9.5 ETDRS letters from baseline at six months was observed.
  • 6.9 ETDRS letters from baseline at six months in all dose cohorts were observed.
  • Related: Why Did Mizuho Upgrade This Biotech Stock Focused On Age-Related Eye Diseases?
  • In age-related macular degeneration (AMD), there were improvements or stabilization of both BCVA and CST through 6 months post-injection.
  • In both diseases, most patients treated with UBX1325 showed durable improvement in vision and did not meet objective rescue criteria requiring a standard of care anti-VEGF treatment.
  • Among patients who received anti-VEGF rescue, there was minimal change in either mean BCVA or CST following treatment in all but one patient.
  • The Company anticipates 12-week data from Phase 2a study in DME by mid-2022 and 16-week data from Phase 2 study in wet AMD in Q4 of 2022.
  • Price Action: UBX shares are up 14.10% at $1.05 during the market session on the last check Monday.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: BiotechNewsPenny StocksHealth CareMoversTrading IdeasGeneralBriefsPhase 1 Trialwhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...