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Percheron Therapeutics Cuts ATL1103, Limits ATL1102 Spend, Eyes New Rare Disease Assets

5:13am on Monday 2nd of June, 2025 AEST Biotechnology
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Percheron Therapeutics Cuts ATL1103, Limits ATL1102 Spend, Eyes New Rare Disease Assets

5:13am on Monday 2nd of June, 2025 AEST
Key Points
  • Discontinuation of ATL1103 program and no further material investment in ATL1102
  • ATL1102 Phase IIb trial in Duchenne muscular dystrophy showed pharmacological activity but insufficient clinical efficacy
  • Active in-licensing discussions with non-binding term sheet submitted for a neurological rare disease asset
  • Significant cost containment measures including headcount reduction and executive pay deferrals
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