Edgewise Therapeutics(EWTX)

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Edgewise Therapeutics, Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-08-14 19:53
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Edgewise Therapeutics, Inc. (“Edgewise Therapeutics” or “the Company”) (NASDAQ: EWTX) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Edgewise Therapeutics investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investo ...
Edgewise Therapeutics(EWTX) - 2025 Q2 - Quarterly Report
2025-08-07 12:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40236 Edgewise Therapeutics, Inc. (Exact name of registrant as specified in its charter) (State or other juris ...
Edgewise Therapeutics(EWTX) - 2025 Q2 - Quarterly Results
2025-08-07 12:01
Exhibit 99.1 News Release Edgewise Therapeutics Reports Second Quarter 2025 Financial Results and Recent Business Highlights – Announced positive top-line data from the open-label extension MESA trial of sevasemten in participants with Becker muscular dystrophy who previously completed ARCH and CANYON studies – – Announced encouraging top-line data from the Phase 2 LYNX and FOX trials of sevasemten in Duchenne muscular dystrophy – – Advanced the Phase 2 CIRRUS-HCM trial of EDG-7500 in Hypertrophic Cardiomyo ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Edgewise Therapeutics, Inc. - EWTX
GlobeNewswire News Room· 2025-07-03 14:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Edgewise Therapeutics and its officers or directors, following a significant stock price drop after clinical trial data was deemed insufficient for accelerated FDA approval [1][3]. Group 1: Company Overview - Edgewise Therapeutics, Inc. is publicly traded on NASDAQ under the ticker EWTX [1]. - The company is focused on developing treatments for Becker and Duchenne muscular dystrophies, with its lead asset being sevasemten [3]. Group 2: Recent Developments - On June 26, 2025, Edgewise reported clinical trial data for sevasemten, which it described as "positive," but the FDA indicated that the data was insufficient for accelerated approval [3]. - Following the announcement, Edgewise's stock price decreased by $1.27, or 8.86%, closing at $14.33 per share [3]. Group 3: Legal Context - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of advocating for victims of securities fraud and corporate misconduct [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Edgewise Therapeutics, Inc. - EWTX
Prnewswire· 2025-06-27 19:46
Group 1 - Edgewise Therapeutics is under investigation for potential securities fraud or unlawful business practices involving its officers and/or directors [1] - The company reported clinical trial data for its lead asset, sevasemten, indicating "positive" results for Becker and Duchenne muscular dystrophies, but the FDA deemed the data insufficient for accelerated approval [2] - Following the announcement, Edgewise's stock price decreased by $1.27 per share, or 8.86%, closing at $14.33 per share [3] Group 2 - Pomerantz LLP is a prominent firm specializing in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [4]
Edgewise Therapeutics (EWTX) Update / Briefing Transcript
2025-06-26 13:30
Summary of Edgewise Therapeutics Conference Call Company Overview - **Company**: Edgewise Therapeutics (EWTX) - **Focus**: Development of treatments for Becker and Duchenne muscular dystrophy (BMD and DMD) Key Industry Insights - **Duchenne Muscular Dystrophy (DMD)**: Affects over 35,000 patients in major markets, with significant unmet medical needs despite recent approvals - **Becker Muscular Dystrophy (BMD)**: Affects over 12,000 adolescent boys and men, with no approved treatment options currently available Core Points and Arguments 1. **Sevasemtin's Efficacy**: - Positive observations in open-label extension study (MESA) and three-year data from ARCH MESA trial indicate significant promise for treating DMD and BMD [6][7][8] - Clinically meaningful decrease in functional decline observed in Duchenne patients compared to natural history [7] - Fast track designation received from the FDA for sevasemtin due to the severity of Becker muscular dystrophy [8] 2. **Regulatory Pathway**: - Positive interaction with the FDA regarding a clear path to approval for sevasemtin [6] - FDA emphasized the need for statistical significance in controlled studies for accelerated approval, indicating that the CANYON data alone was insufficient [21][70] - Plans to share ongoing data from open-label extensions and natural history modeling with the FDA to support future filings [95] 3. **Clinical Trial Updates**: - Enrollment of over 175 patients in the Grand Canyon study, which is powered at over 98% to deliver statistically significant results [10][22] - Top-line data expected in Q4 2026 for the Grand Canyon study [6][63] 4. **Safety and Efficacy Data**: - Sevasemtin demonstrated a favorable safety profile over three years, with significant biomarker responses [8][24] - In the CANYON study, CK levels decreased by 28% and TNNI2 by 77%, indicating a positive treatment effect [13] - Functional data showed stabilization in North Star assessments, contrasting with expected declines in placebo groups [15][19] 5. **Future Directions**: - Plans to initiate Phase III trials for both Becker and Duchenne muscular dystrophy in 2026 [62][64] - Exploration of potential combination therapies and the impact of glucocorticoids on treatment efficacy [58][90] Additional Important Insights - **Patient Population Considerations**: - Emphasis on enrolling a more homogeneous patient population for future studies to enhance signal detection [74][78] - Discussion on the potential for early intervention in younger patients, with ongoing considerations for dosing and pharmacokinetics [99][100] - **Financial Position**: - Company reported $624 million in cash equivalents, with a cash runway through 2028, supporting multiple upcoming clinical milestones [63][64] - **Market Context**: - The company is positioned to be a leader in the treatment of rare diseases with significant unmet needs, particularly in the muscular dystrophy space [59][60] This summary encapsulates the key points discussed during the Edgewise Therapeutics conference call, highlighting the company's advancements, regulatory strategies, and future plans in the context of muscular dystrophy treatments.
Edgewise Therapeutics (EWTX) Earnings Call Presentation
2025-06-26 12:37
Becker Muscular Dystrophy (BMD) - Sevasemten shows positive observations in Becker patients with continued dosing[12] - A positive Type C FDA meeting offers a clear path to potential approval for Sevasemten[12] - The GRAND CANYON trial is on track for topline data in Q4 2026[12], with >98% power to deliver a statistically significant difference in NSAA vs placebo[20] - In the CANYON study, the NSAA score between the Sevasemten group and the placebo group showed a difference of +1.12 at month 12[27] - In the MESA open-label study, 99% of eligible participants are currently enrolled[30] - Natural history modeling reveals that 92% of CANYON participants improved vs their predicted scores[39], and 89% of ARCH participants achieved higher NSAA scores vs predicted[42] Duchenne Muscular Dystrophy (DMD) - In the LYNX & FOX trials, Sevasemten treatment reduced the functional decline in Duchenne patients[15] - A path to Phase 3 is open with the selection of 10 mg as the target dose[16] - In Duchenne patients, a -82% change in TNNI2 was observed in the 30mg cohort at Month 3[72] - In the FOX study, participants are an average of 11 years old and 4 years out from receiving gene therapy[99] Financial Status - Edgewise has approximately $624 million in cash, cash equivalents, and marketable securities as of March 31, 2025, providing a cash runway through 2028[112][113]
Edgewise Therapeutics Reports Positive Results on Sevasemten Program for Becker and Duchenne Muscular Dystrophies
Prnewswire· 2025-06-26 10:00
Core Insights - Edgewise Therapeutics has reported positive results from its sevasemten program for Becker and Duchenne muscular dystrophies, demonstrating sustained disease stabilization and a clear path to potential registration as the first therapy for Becker [1][3]. Group 1: Becker Muscular Dystrophy - The MESA trial data showed that 99% of eligible participants (n=85) are enrolled, with significant improvements in North Star Ambulatory Assessment (NSAA) scores, indicating sustained disease stabilization over 18 months [2]. - Participants from the CANYON trial who transitioned to MESA exhibited an average NSAA score improvement of 0.8 points from baseline, while those on placebo showed a 0.2 point improvement after starting sevasemten [2]. - The FDA has provided a clear path for sevasemten registration, emphasizing the importance of NSAA as a clinically meaningful endpoint for traditional approval [3]. Group 2: Duchenne Muscular Dystrophy - Encouraging topline data from Phase 2 trials (LYNX and FOX) indicate that sevasemten is well-tolerated and shows potential for reducing functional decline at a target dose of 10 mg [4][6]. - The LYNX trial focuses on four- to nine-year-old participants, while the FOX trial involves six- to fourteen-year-old participants previously treated with gene therapy, both assessing safety and biomarkers of muscle damage [5][6]. - The company plans to meet with the FDA in Q4 2025 to discuss Phase 3 design, aiming to initiate the pivotal study in 2026 [7]. Group 3: Company Overview - Edgewise Therapeutics is a biopharmaceutical company focused on developing novel therapeutics for muscular dystrophies and cardiac conditions, with sevasemten being a first-in-class fast skeletal myosin inhibitor [9][12]. - The company has achieved significant regulatory milestones, including FDA Orphan Drug Designation and Fast Track designations for both Becker and Duchenne [9]. - Edgewise is dedicated to changing the lives of patients affected by serious muscle diseases, with a strong emphasis on innovative therapeutic solutions [12].
Edgewise Therapeutics(EWTX) - 2025 FY - Earnings Call Transcript
2025-06-09 20:20
Edgewise Therapeutics (EWTX) FY 2025 Conference June 09, 2025 03:20 PM ET Speaker0 Okay. We'll continue with the next session, which is Edgewise Therapeutics. Good afternoon, everyone. I'm Paul Choi, and I cover biotechnology here at the firm. It's my pleasure to welcome to my immediate left Kevin, CEO and Mehrot, COO. What we'll do is kick it off with let Kevin kick it off with some maybe high level overview of the company, sort of where the lead programs are and then we'll get into Q and A. Speaker1 Yes. ...
Edgewise Therapeutics (EWTX) 2025 Conference Transcript
2025-05-20 14:00
Summary of Edgewise Therapeutics (EWTX) Conference Call Company Overview - **Company**: Edgewise Therapeutics (EWTX) - **Event**: 2025 Conference on May 20, 2025 Key Points on EDG-7500 in Hypertrophic Cardiomyopathy (HCM) 1. **Efficacy Profile**: EDG-7500 shows a unique efficacy profile with no changes in ejection fraction despite increased drug concentration, indicating a differentiated mechanism of action [3][6][10] 2. **Symptomatic Benefits**: 70% of patients became asymptomatic according to New York Heart Association (NYHA) classifications, with KCCQ scores improving by an average of over 20 points [6][9] 3. **Mechanism of Action**: The drug directly addresses hypertrophy without lowering ejection fraction, improving diastolic function and patient symptoms [5][6] 4. **Clinical Observations**: The absence of a placebo arm raised questions, but the deepening response at higher doses supports the drug's efficacy [7][8] 5. **Ejection Fraction Stability**: No relationship was found between drug concentration and changes in ejection fraction, reinforcing the drug's safety profile [10][12][15] 6. **Atrial Fibrillation Cases**: Four cases of atrial fibrillation were noted, but extensive preclinical studies showed no correlation with the drug's mechanism [16][19] 7. **Patient Enrollment Strategy**: Future trials will involve stricter patient selection criteria to minimize risks associated with atrial fibrillation [20][21][23] 8. **Titration Scheme**: The company is exploring a titration scheme that allows for individualized dosing based on patient response rather than relying solely on ejection fraction measurements [28][30][33] Upcoming Data Expectations 1. **Twelve-Week Data**: Anticipated trends in NT proBNP levels and potential deepening of efficacy in non-obstructive patients [25][27] 2. **Individualized Treatment Goals**: The aim is to achieve optimal dosing for each patient based on symptom relief and biomarker normalization [29][33] Sevasemten and DMD Data 1. **Patient Breakdown**: Upcoming data will include approximately 60-70 patients in the LINX group and 20-30 in the FOX group, focusing on biomarker and functional outcomes [38][39] 2. **Long-Term Efficacy**: Observations from previous studies indicate that benefits from gene therapy may diminish after two years, highlighting the need for ongoing assessment [40][41][42] 3. **FDA Discussions**: The company is on track for discussions regarding accelerated approval for Becker by the end of the quarter [44] Conclusion - Edgewise Therapeutics is advancing its clinical programs with a focus on individualized treatment strategies and robust data collection to support the efficacy and safety of its therapies in HCM and DMD. The upcoming data releases and regulatory discussions are critical for the company's future trajectory.