other material
confidence high
sentiment negative
materiality 0.75
Terns' TERN-201 Phase 1b AVIATION trial meets safety; no efficacy in NASH
Terns Pharmaceuticals, Inc.
- Part 1 of Phase 1b AVIATION trial of TERN-201 10 mg met primary safety endpoint; well-tolerated with no SAEs.
- No meaningful changes in exploratory NASH biomarkers (cT1, ALT, AST, GGT, CK-18) vs placebo.
- Near complete (>98%) VAP-1 inhibition achieved but no efficacy signals.
- Part 2 (20 mg) ongoing; top-line results expected H2 2022.
- Cash runway into 2024; pipeline includes TERN-501 Phase 2a in H1 2022 and TERN-601 Phase 1 in 2023.