Biotech Currents

Biotech Currents

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Biotech Currents
Biotech Currents
SanaCurrents on COYA Thera's Treg approach to treat ALS | $COYA

SanaCurrents on COYA Thera's Treg approach to treat ALS | $COYA

Bill Langbein
Jun 26, 2023
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Biotech Currents
Biotech Currents
SanaCurrents on COYA Thera's Treg approach to treat ALS | $COYA
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SUMMARY

Last year’s FDA decision to approve Amylyx Pharmaceuticals, Inc.’s (NASDAQ:AMLX) Re­lyvrio (sodium phenylbutyrate and taurursodiol) to treat amyotrophic lateral sclerosis (ALS) met with controversy, primarily because scientists questioned the overall cost-benefit of the treatment. The controversy did not end despite approvals in the US and Canada. In June 2023, the European Medicines Agency’s Com­mit­tee for Med­i­c­i­nal Prod­ucts for Hu­man Use (CHMP) said clinical testing of Relyvrio did not “con­vinc­ing­ly” demonstrate it slowed the wors­en­ing of ALS, signaling the drug may not gain approval in Europe.

Despite the potential setback for Relyvrio in Europe, ALS patients and families received a surprise this month. The FDA granted accelerated approval to tofersen, a drug designed to treat ALS patients with a mutation in the SOD1 gene. Biogen, Inc. (NASDAQ:BIIB) and Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) developed tofersen, and the drug will be sold under the brand name Qalsody. While tofersen will reach only a small percentage of ALS patients, its approval signals the FDA likely will continue to support new ALS treatments, even if they offer only modest benefit.

COYA Therapeutics, Inc.’s (NASDAQ:COYA) is advancing its ALS drug, COYA 302, to provide a more upstream approach to treating ALS. COYA 302 combines Abatacept and low-dose interleukin-2 (IL-2). COYA expects to release biomarker data in the second half of 2023 that will identify the ALS patients most likely to benefit from COYA 302.

Next Key catalysts

  • Release of blood biomarker data to develop COYA 302 to treat Amyotrophic Lateral Sclerosis (ALS)

Key catalyst dates

  • 2H 2023

Sentiment, MACE Score & The Edge….

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