Avalo Therapeutics presents positive Phase 2 abdakibart data in hidradenitis suppurativa
AVTX•
AVTX•Avalo Therapeutics said its Phase 2 LOTUS trial met its primary endpoint, with a combined HiSCR75 response of 42.5% for abdakibart versus 25.6% for placebo. The company plans to begin Phase 3 testing in the first half of 2027 and reported $431.3 million in financing, supporting an expected cash runway into 2029.
The LOTUS trial met its primary endpoint, with a combined HiSCR75 response of 42.5% for abdakibart versus 25.6% for placebo. Avalo said abdakibart was well tolerated, with no adverse events related to neutropenia, serious infections or opportunistic infections, and plans to initiate Phase 3 testing in the first half of 2027. The company said its $431.3 million financing supports an expected cash runway into 2029, including anticipated Phase 3 topline data; its next-generation anti-IL-1β antibody AVTX-010 is expected to advance to an investigational new drug application in the first half of 2027.