Athira Pharma announces positive Phase 1 trial results for ATH-1105 and plans ALS patient trials by late 2025.
Quiver AI Summary
Athira Pharma, Inc. has announced favorable results from a Phase 1 clinical trial of its drug candidate ATH-1105, which targets neurodegenerative diseases like amyotrophic lateral sclerosis (ALS). The trial, which involved 80 healthy volunteers, showed that ATH-1105 has a good safety and tolerability profile, as well as dose-proportional pharmacokinetics and central nervous system penetration. The company plans to advance the development of ATH-1105, targeting the initiation of a clinical trial in ALS patients by late 2025. The encouraging preclinical and clinical findings will be presented at the 4th Annual ALS Drug Development Summit in Boston.
Potential Positives
- Phase 1 clinical trial results for ATH-1105 demonstrated a favorable safety and tolerability profile in healthy volunteers, which supports ongoing clinical development.
- The trial data revealed dose proportional pharmacokinetics and penetration into the central nervous system, indicating promising therapeutic potential for neurodegenerative diseases like ALS.
- A clinical trial in ALS patients is on track to initiate in late 2025, signaling progress in the company's development pipeline.
- Preclinical models showed consistent and robust beneficial effects of ATH-1105, bolstering confidence in its efficacy for treating ALS and related conditions.
Potential Negatives
- The forward-looking statements indicate uncertainty regarding the efficacy and safety of ATH-1105, suggesting that the drug may not achieve its intended outcomes in future trials.
- Potential delays in the development of ATH-1105 or regulatory objections could hinder progress, reflecting a lack of control over timelines and development processes.
- The mention of risks, such as difficulty in patient recruitment and possible legal proceedings, highlights vulnerabilities that could adversely impact the company’s operations and financial stability.
FAQ
What are the results of the ATH-1105 Phase 1 clinical trial?
The Phase 1 trial showed a favorable safety and tolerability profile for ATH-1105 in healthy volunteers.
When will clinical trials for ALS patients begin?
Athira Pharma plans to initiate clinical trials for ALS patients in late 2025.
What is ATH-1105 designed to treat?
ATH-1105 is being developed for the treatment of neurodegenerative diseases, particularly amyotrophic lateral sclerosis (ALS).
Who will present the Phase 1 trial data?
The Phase 1 trial data will be presented by Sherif Reda, Ph.D., and Kai-Bin Ooi from Athira Pharma.
What are the key highlights from the ATH-1105 presentations?
Key highlights include favorable safety data, dose proportional pharmacokinetics, and preclinical evidence supporting its efficacy in ALS models.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ATHA Insider Trading Activity
$ATHA insiders have traded $ATHA stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ATHA stock by insiders over the last 6 months:
- MARK JAMES LITTON (President and CEO) sold 25,107 shares for an estimated $14,107
- MARTIN JAVIER SAN (CHIEF MEDICAL OFFICER) sold 10,826 shares for an estimated $6,083
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$ATHA Hedge Fund Activity
We have seen 13 institutional investors add shares of $ATHA stock to their portfolio, and 29 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BML CAPITAL MANAGEMENT, LLC added 424,782 shares (+15.3%) to their portfolio in Q1 2025, for an estimated $121,020
- DIMENSIONAL FUND ADVISORS LP removed 321,447 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $188,592
- QUBE RESEARCH & TECHNOLOGIES LTD added 286,974 shares (+455.3%) to their portfolio in Q4 2024, for an estimated $168,367
- TWO SIGMA INVESTMENTS, LP removed 258,473 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $151,646
- RENAISSANCE TECHNOLOGIES LLC removed 245,487 shares (-54.2%) from their portfolio in Q4 2024, for an estimated $144,027
- GSA CAPITAL PARTNERS LLP removed 208,323 shares (-70.2%) from their portfolio in Q1 2025, for an estimated $59,351
- ROYAL BANK OF CANADA added 174,677 shares (+2094.2%) to their portfolio in Q4 2024, for an estimated $102,482
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Data from Phase 1 clinical trial of ATH-1105 in healthy volunteers showed a favorable safety and tolerability profile; dose proportional pharmacokinetics and CNS penetration support continued clinical development
On-track to enable initiation of a clinical trial in ALS patients in late 2025
BOTHELL, Wash., May 13, 2025 (GLOBE NEWSWIRE) -- Athira Pharma, Inc. (NASDAQ: ATHA), a clinical stage biopharmaceutical company focused on developing small molecules to restore neuronal health and slow neurodegeneration, today announced that the Company will present data from a Phase 1 clinical trial of ATH-1105 in healthy volunteers at the 4 th Annual ALS drug Development Summit taking place from May 12-14, 2025 in Boston, Massachusetts.
ATH-1105 is the Company’s novel, orally available, brain-penetrant, next-generation small molecule drug candidate designed to positively modulate the neurotrophic HGF system for the potential treatment of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS).
“We are very encouraged by these first-in-human safety and pharmacokinetic data and how they reinforce ATH-1105’s continued development as a potential treatment for ALS,” noted Javier San Martin, M.D., Chief Medical Officer at Athira. “We look forward to enabling the initiation of a clinical trial in ALS patients in late 2025 and to evaluating ATH-1105's effect on an ALS validated biomarker (NfL).”
The data will be highlighted in an oral presentation titled, “Advancing ATH-1105 for ALS Through Early Clinical and PK Data,” on Tuesday, May 13, 2025, at 11 am ET and a poster presentation titled, “ATH-1105 Enhances Motor Neuron Survival and Reduces TDP-43 Pathology in Preclinical ALS Models,” on Tuesday, May 13, 2025, at 3 p.m. ET. The data, to be presented by Sherif Reda, Ph.D., Director, Discovery Research at Athira Pharma, and Kai-Bin Ooi, Director, Drug Development and Operations at Athira Pharma, will feature preclinical and Phase 1 data supporting the continued clinical development of ATH-1105 in ALS.
Key Highlights from the Presentation
- ATH-1105 has demonstrated consistent and robust beneficial effects in preclinical models of ALS
- ATH-1105 showed a favorable safety profile and was well tolerated in both single and multiple ascending dose studies in healthy volunteers
-
ATH-1105 showed dose proportional pharmacokinetics and central nervous system (CNS) penetration
ATH-1105’s potential is supported by a growing body of preclinical evidence demonstrating statistically significant improvements in nerve and motor function, biomarkers of inflammation and neurodegeneration, and survival in various models of ALS. These data have been presented at a variety of key scientific and medical meetings including the American Association of Neurology (AAN), the Alzheimer’s Association International Congress (AAIC), the Northeast Amyotrophic Lateral Sclerosis Consortium® (NEALS), and the Motor Neurone Disease Association (MNDA), and published in Frontiers in Neuroscience, 2024.
About the Phase 1 Clinical Trial
The first-in-human Phase 1 (
NCT 06432647
) double-blind, placebo-controlled clinical trial enrolled 80 healthy volunteers to evaluate single and multiple oral ascending doses of ATH-1105. The trial was completed in November 2024 and evaluated the safety and tolerability of ATH-1105 and included measurements of pharmacokinetic outcomes. The results of the Phase 1 trial showed that ATH-1105 demonstrated a favorable safety profile and was well-tolerated in healthy volunteers, supporting continued clinical development.
About Athira Pharma, Inc.
Athira Pharma, Inc., headquartered in the Seattle, Washington area, is a clinical-stage biopharmaceutical company focused on developing small molecules to restore neuronal health and slow neurodegeneration. Athira aims to alter the course of neurological diseases by advancing its pipeline of drug candidates that modulate the neurotrophic HGF system. For more information, visit
w
ww.athira.com
. You can also follow Athira on
Facebook
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Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not based on historical fact and include statements regarding: Athira’s drug candidates as potential treatments for amyotrophic lateral sclerosis and other neurodegenerative diseases; future development plans and the timing thereof; the potential learnings from preclinical studies and other nonclinical data and from our Phase 1 ATH-1105 clinical trial and their ability to inform future clinical development plans; expectations and timing regarding the initiation of a clinical trial of ATH-1105 in ALS patients; expectations regarding the potential efficacy and commercial potential of Athira’s drug candidates; and Athira’s ability to advance its drug candidates into later stages of development. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “on track,” “would,” “expect,” “plan,” “believe,” “intend,” “pursue,” “continue,” “suggest,” “potential,” “target,” and similar expressions. Any forward-looking statements are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the data from preclinical and clinical trials may not support the safety, efficacy and tolerability of Athira’s drug candidates; development of drug candidates may cease or be delayed; regulatory authorities could object to protocols, amendments and other submissions; future potential regulatory milestones for drug candidates, including those related to current and planned clinical studies, may be insufficient to support regulatory submissions or approval; whether Athira’s trials are sufficiently powered to meet the planned endpoints; Athira may not be able to recruit sufficient patients for its clinical trials; the outcome of legal proceedings that may in the future be instituted against Athira, its directors and officers; possible negative interactions of Athira's drug candidates with other treatments; FDA regulatory delays and uncertainty and new policies implemented under the current administration, including executive orders, changes in the leadership of federal agencies such as the FDA and SEC, staff layoffs, budget cuts to agency programs and research, and changes in drug pricing controls; Athira’s assumptions regarding its financial condition and the sufficiency of its cash, cash equivalents and investments to fund its planned operations may be incorrect; adverse conditions in the general domestic and global economic markets, including as a result of tariffs; the impact of competition; the impact of drug candidate development and clinical activities on operating expenses; the impact of new or changing laws and regulations; risks related to Athira’s exploration of strategic alternatives; as well as the other risks detailed in Athira’s filings with the Securities and Exchange Commission from time to time. These forward-looking statements speak only as of the date hereof and Athira undertakes no obligation to update forward-looking statements. Athira may not actually achieve the plans, intentions, or expectations disclosed in its forward-looking statements, and you should not place undue reliance on the forward-looking statements.
Investor & Media Contact:
Julie Rathbun
Athira Pharma
[email protected]
206-769-9219