other material
confidence high
sentiment negative
materiality 0.80
Tango Therapeutics discontinues TNG348 program due to liver toxicity in phase 1/2 trial
Tango Therapeutics, Inc.
- Phase 1/2 trial of TNG348, a USP1 inhibitor, terminated because of Grade 3/4 liver function abnormalities in patients on study >8 weeks.
- No patient had received TNG348 in combination with olaparib; single-agent toxicity drove decision.
- Cash runway extended into 2027; PRMT5 (TNG908/TNG462) and CoREST programs remain on track with clinical update expected H2 2024.
- CEO Barbara Weber cited patient safety as priority; stock may react to loss of pipeline candidate.