other material
confidence high
sentiment negative
materiality 0.90
Fulcrum Therapeutics Phase 3 losmapimod trial fails; program suspended
Fulcrum Therapeutics, Inc.
- REACH trial missed primary endpoint: RSA change p=0.75 vs placebo at week 48.
- All secondary endpoints (MFI, shoulder strength, PROs) did not reach statistical significance.
- Fulcrum suspends losmapimod development; safety profile consistent with prior studies.
- $273.8M cash as of June 30 used for pociredir (SCD), DBA programs, and early discovery.