Bezuclastinib shows significant symptom improvement in NonAdvSM patients after 48 weeks, suggesting potential as a disease-modifying agent.
Quiver AI Summary
Cogent Biosciences, Inc. has reported promising new clinical data from the SUMMIT trial regarding bezuclastinib, a treatment for patients with NonAdvanced Systemic Mastocytosis (NonAdvSM). At 48 weeks of treatment, patients experienced a mean reduction of 32.0 points in the Total Symptom Score (TSS), with 99% achieving over a 50% reduction in serum tryptase levels. The results indicate significant improvement across various symptoms, demonstrating bezuclastinib's potential as the first disease-modifying agent for this patient population. Notably, the medication also positively affected bone mineral density and showed a favorable safety profile, reinforcing its suitability for long-term use. Cogent aims for bezuclastinib to become the preferred standard of care for NonAdvSM patients, highlighting the ongoing need for effective treatment options.
Potential Positives
- Bezuclastinib shows a significant mean TSS reduction of –32.0 points at 48 weeks, indicating a strong clinical benefit.
- 99% of patients achieved over 50% reduction in serum tryptase, with 83% normalizing their serum levels, demonstrating efficacy.
- Evidence suggests bezuclastinib may be the first disease-modifying agent for patients with NonAdvanced Systemic Mastocytosis, addressing a high unmet medical need.
- The press release emphasizes a favorable safety and tolerability profile for bezuclastinib, supporting its potential for chronic use in patients.
Potential Negatives
- Inducement equity awards granted to new employees may raise concerns about potential dilution of shares and the company's reliance on incentives to attract talent.
- The company's forward-looking statements highlight significant uncertainty about achieving future milestones, which may lead to investor skepticism regarding their clinical development plans.
FAQ
What is bezuclastinib's impact on TSS after 48 weeks?
Bezuclastinib showed a mean TSS reduction of -32.0 points, indicating significant symptom improvement over 48 weeks.
How many patients achieved serum tryptase normalization?
At 48 weeks, 83% of patients treated with bezuclastinib achieved normalization of serum tryptase levels.
What kind of safety profile does bezuclastinib have?
Bezuclastinib demonstrated a favorable safety and tolerability profile, making it suitable for chronic use in NonAdvSM patients.
What population benefits from bezuclastinib treatment?
Bezuclastinib is particularly beneficial for patients with NonAdvanced Systemic Mastocytosis (NonAdvSM) who have high unmet medical needs.
When were the results of the SUMMIT trial presented?
The additional results from the SUMMIT trial were presented at the AAAAI Annual Meeting on February 28, 2026.
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.
$COGT Insider Trading Activity
$COGT insiders have traded $COGT stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $COGT stock by insiders over the last 6 months:
- FUNDS MANAGEMENT LLC FAIRMOUNT sold 3,500,000 shares for an estimated $127,400,000
- JOHN EDWARD ROBINSON (Chief Scientific Officer) sold 90,000 shares for an estimated $3,486,600
- JESSICA SACHS (Chief Medical Officer) sold 82,642 shares for an estimated $3,198,245
- JOHN L. GREEN (Chief Financial Officer) sold 77,000 shares for an estimated $2,978,360
- EVAN KEARNS (Chief Legal Officer) sold 65,000 shares for an estimated $2,515,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$COGT Hedge Fund Activity
We have seen 172 institutional investors add shares of $COGT stock to their portfolio, and 104 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RTW INVESTMENTS, LP added 7,592,241 shares (+inf%) to their portfolio in Q4 2025, for an estimated $269,676,400
- COMMODORE CAPITAL LP removed 5,053,155 shares (-69.7%) from their portfolio in Q4 2025, for an estimated $179,488,065
- VANGUARD GROUP INC added 3,756,664 shares (+48.4%) to their portfolio in Q4 2025, for an estimated $133,436,705
- PARADIGM BIOCAPITAL ADVISORS LP removed 3,156,398 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $112,115,256
- VESTAL POINT CAPITAL, LP removed 3,080,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $44,228,800
- BLACKROCK, INC. added 2,605,056 shares (+25.1%) to their portfolio in Q4 2025, for an estimated $92,531,589
- PRICE T ROWE ASSOCIATES INC /MD/ added 2,474,346 shares (+2758.0%) to their portfolio in Q4 2025, for an estimated $87,888,769
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$COGT Analyst Ratings
Wall Street analysts have issued reports on $COGT in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wedbush issued a "Outperform" rating on 01/21/2026
- HC Wainwright & Co. issued a "Buy" rating on 01/06/2026
- JP Morgan issued a "Overweight" rating on 12/19/2025
- Leerink Partners issued a "Outperform" rating on 11/10/2025
- Raymond James issued a "Strong Buy" rating on 09/03/2025
To track analyst ratings and price targets for $COGT, check out Quiver Quantitative's $COGT forecast page.
$COGT Price Targets
Multiple analysts have issued price targets for $COGT recently. We have seen 8 analysts offer price targets for $COGT in the last 6 months, with a median target of $51.0.
Here are some recent targets:
- Christopher Raymond from Piper Sandler set a target price of $52.0 on 02/18/2026
- David Nierengarten from Wedbush set a target price of $55.0 on 01/21/2026
- Robert Burns from HC Wainwright & Co. set a target price of $52.0 on 01/06/2026
- Anupam Rama from JP Morgan set a target price of $67.0 on 12/19/2025
- Colleen Kusy from Baird set a target price of $34.0 on 11/11/2025
- Andrew Berens from Leerink Partners set a target price of $50.0 on 11/10/2025
- Laura Prendergast from Stifel set a target price of $16.0 on 10/16/2025
Full Release
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Bezuclastinib mean TSS reduction deepens to –32.0 points at 48 weeks of treatment with further improvement shown across all measured symptoms
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99% of patients achieve >50% reduction in serum tryptase at 48 weeks, with 83% rate of normalization
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Strong evidence of bezuclastinib’s potential as first disease modifying agent for NonAdvSM patient population given clear correlation between objective measures of disease burden and symptomatic improvement
WALTHAM, Mass. and BOULDER, Colo., Feb. 28, 2026 (GLOBE NEWSWIRE) -- Cogent Biosciences, Inc. (Nasdaq: COGT), a biotechnology company focused on developing precision therapies for genetically defined diseases, today announced additional clinical results from the pivotal SUMMIT trial with bezuclastinib in patients with NonAdvanced Systemic Mastocytosis (NonAdvSM) at the American Academy of Allergy Asthma & Immunology (AAAAI) Annual Meeting. As previously reported, bezuclastinib demonstrated clinically meaningful and highly statistically significant improvements across the primary and all key secondary endpoints. New results highlight the deepening of clinical benefit over longer treatment duration, the benefit of bezuclastinib in populations with high unmet need, and bezuclastinib’s impact on bone mineral density as additional evidence of disease modification.
“The additional SUMMIT data presented at AAAAI today reinforce our belief that bezuclastinib can rapidly and meaningfully improve a wide variety of symptoms that impact the daily lives of patients with NonAdvanced SM,” said Andrew Robbins, Cogent’s President and Chief Executive Officer. “These posters underscore the significance of our findings and build upon the data we shared at ASH last year. Adding
all these results together, bezuclastinib’s profile continues to be a very active, well-tolerated option for NonAdvSM patients, which we believe has the opportunity to become the preferred standard of care.”
Data Highlights from the SUMMIT Posters
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Treatment with bezuclastinib resulted in rapid, durable, statistically significant symptomatic improvements which continued to deepen out to 48 weeks:
- Patients on bezuclastinib reported a -32.0 point mean change in TSS, representing a 56% relative improvement in TSS from baseline
- 86% of patients achieved a clinically meaningful threshold of 30% improvement in symptoms
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99% of patients had at least 50% reduction in serum tryptase, with 83.3% of patients achieving normalization
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Patients treated with bezuclastinib reported clear improvements across all relevant organ systems as evidenced by relative improvement at 48 weeks:
| Symptom/Domain |
Mean Change from
Baseline |
Relative Improvement
from Baseline |
|
| Dermatologic | -13.94 |
-65.0%
|
|
| Neurocognitive | -12.77 |
-53.6%
|
|
| Gastrointestinal | -6.63 |
-62.5%
|
|
| Pain | -5.43 |
-45.8%
|
|
| Fatigue | -3.02 |
-41.3%
|
|
-
Bezuclastinib demonstrates strong evidence of disease modification in NonAdvSM patients based on:
- Significant correlation shown between serum tryptase reduction and symptomatic improvement as measured by TSS (primary endpoint), all symptom domains, and 10/11 individual symptoms
- Clinically meaningful improvements in bone mineral density (BMD) at week 24 for patients treated with bezuclastinib, regardless of baseline bone health severity.
-
50% of patients reported a dose reduction and/or discontinuation of best supportive care medicines during the treatment period at week 48
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Bezuclastinib demonstrates consistent biomarker and symptomatic improvement in patients with smoldering SM, a subgroup of NonAdvSM with high unmet need.
As previously reported, bezuclastinib demonstrated a favorable safety and tolerability profile, supporting its potential for chronic use in patients with NonAdvSM.
Copies of Cogent’s data presentations from the AAAAI Annual Meeting will be available in the Posters and Publications section of the company’s website at cogentbio.com.
Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Cogent also announced today that, on February 25, 2026, the Compensation Committee of Cogent’s Board of Directors, made up entirely of independent directors, approved the grants of “inducement” equity awards to three new employees under the company’s 2020 Inducement Plan with a grant date of February 25, 2026. The awards were approved in accordance with Listing Rule 5635(c)(4) of the corporate governance rules of the Nasdaq Stock Market. The employees received, in the aggregate, (i) nonqualified options to purchase 24,000 shares of Cogent common stock and (ii) 21,000 restricted stock units (RSUs). Each option has a 10-year term, an exercise price equal to the closing price of Cogent’s common stock on the grant date, and a 4-year vesting schedule with 25% vesting on the 1-year anniversary of the grant date and the remainder vesting in equal monthly installments over the subsequent 36 months, provided such employee remains employed through each such vesting date. The RSUs vest annually in equal installments over 4 years from the grant date, provided such employee remains employed through each such vesting date.
About Cogent Biosciences, Inc.
Cogent Biosciences is a biotechnology company focused on developing precision therapies for genetically defined diseases. The most advanced clinical program, bezuclastinib, is a selective tyrosine kinase inhibitor that is designed to potently inhibit the KIT D816V mutation as well as other mutations in KIT exon 17. KIT D816V is responsible for driving systemic mastocytosis, a serious disease caused by unchecked proliferation of mast cells. Exon 17 mutations are also found in patients with advanced gastrointestinal stromal tumors (GIST), a type of cancer with strong dependence on oncogenic KIT signaling. The company also has an ongoing Phase 1 study of its novel internally discovered FGFR2/3 inhibitor. In addition, the Cogent Research Team is developing a portfolio of novel targeted therapies to help patients fighting serious, genetically driven diseases targeting mutations in ErbB2, PI3Kα, KRAS and JAK2. Cogent Biosciences is based in Waltham, MA and Boulder, CO. Visit our website for more information at www.cogentbio.com. Follow Cogent Biosciences on social media:
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Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: bezuclastinib’s potential to be the first disease modifying agent for patients with NonAdvSM; the company’s belief that bezuclastinib can rapidly and meaningfully improve a wide variety of symptoms that impact the daily lives of patients with NonAdvSM; the company’s belief that bezuclastinib has the opportunity to become the preferred standard of care for patients with NonAdvSM; and the potential for bezuclastinib’s chronic use in patients with NonAdvSM. The use of words such as, but not limited to, "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "project," "should," "target," "will," or "would" and similar words expressions are intended to identify forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, our clinical results, the rate of enrollment in our clinical trials and other future conditions. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. We may not actually achieve the forecasts or milestones disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Such forward-looking statements are subject to a number of material risks and uncertainties including but not limited to those set forth under the caption "Risk Factors" in Cogent's most recent Quarterly Report on Form 10-Q filed with the SEC. Any forward-looking statement speaks only as of the date on which it was made. Neither we, nor our affiliates, advisors or representatives, undertake any obligation to publicly update or revise any forward-looking statement, whether as result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date hereof.
Contact:
Christi Waarich
Senior Director, Investor Relations
[email protected]
617-830-1653