regulatory
confidence high
sentiment negative
materiality 0.85
Equillium announces FDA declined Breakthrough Therapy and Accelerated Approval for itolizumab in aGVHD
Equillium, Inc.
- FDA declined Breakthrough Therapy designation and Accelerated Approval for itolizumab in aGVHD based on EQUATOR study data.
- FDA focused on Day 29 outcomes; itolizumab did not show improvement by Day 29 despite favorable safety and longer-term data.
- Company plans to accelerate closure of EQUATOR study and evaluate options to advance or partner itolizumab.
- Cash and equivalents $14.5M as of March 31, 2025; expected to fund operations into Q3 2025.