other material
confidence high
sentiment positive
materiality 0.60
Gain Therapeutics updates on GT-02287 Phase 1b trial for Parkinson's disease
Gain Therapeutics, Inc.
- Phase 1b trial of GT-02287 approved; dosing imminent in Australia, enrolling 15-20 patients with GBA1 or idiopathic PD.
- Prior healthy volunteer study showed 53% increase in GCase activity and confirmed safety/tolerability.
- Cash of $12M as of September 30, 2024, expected to fund operations through interim analysis in 2Q 2025.
- FDA pre-IND meeting found no significant regulatory hurdles; IND submission on track for Phase 2 planning in 2H 2025.
- Promotion of Gianluca Fuggetta to SVP Finance; company exploring licensing partners and financing options.