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Septerna Announces Discontinuation of SEP-786 Phase 1 Clinical Trial and Plans to Advance Next-Generation Oral Small Molecule PTH1R Agonist
SEPNSepterna, Inc.(SEPN) GlobeNewswire·2025-02-18 13:00

Core Insights - Septerna, Inc. has decided to discontinue the Phase 1 clinical trial of SEP-786 due to unanticipated severe events of elevated unconjugated bilirubin levels observed in participants [1][2][3] - The company is committed to advancing its PTH1R agonist program with multiple next-generation candidates that have distinct chemical structures [1][3] Group 1: Clinical Trial and Observations - The Phase 1 trial of SEP-786 was halted after two participants experienced Grade 3 elevations in unconjugated bilirubin, although no liver enzyme elevations were noted [2] - Dosing was stopped for the affected participants, and the bilirubin elevations were reversible, with no serious adverse events reported in the trial [2] Group 2: Future Plans and Financial Position - Septerna plans to select a next-generation PTH1R agonist candidate to accelerate clinical development later this year, despite the discontinuation of SEP-786 [3][4] - The company reported a cash position of 137.5millionasofSeptember30,2024,alongwith137.5 million as of September 30, 2024, along with 302.6 million in net proceeds from its IPO in October 2024, which is expected to support operations into at least the second half of 2027 [4]