GRI Bio announced positive interim safety results for GRI-0621 in a Phase 2a study for IPF, with data expected Q3 2025.
Quiver AI Summary
GRI Bio, Inc. has announced the completion of patient enrollment for its Phase 2a trial evaluating GRI-0621 for treating Idiopathic Pulmonary Fibrosis (IPF), which currently has limited treatment options and significant side effects. Interim safety results from the first 12 and 24 patients indicate that GRI-0621 is safe and well-tolerated, with no significant lipid abnormalities observed. The trial is assessing the safety, tolerability, and potential anti-fibrotic effects of GRI-0621 through various endpoints, including serum biomarker changes and pharmacokinetics. The company anticipates releasing interim biomarker results in July 2025, with topline data following in the third quarter. GRI Bio emphasizes the innovative role of GRI-0621 as a modulator of Natural Killer T cells, aimed at addressing the unmet needs in treating IPF.
Potential Positives
- GRI Bio has completed patient enrollment for its Phase 2a study of GRI-0621, a significant step towards advancing a potentially new treatment option for patients with idiopathic pulmonary fibrosis (IPF).
- The interim safety results from the first 12 and 24 patients indicate that GRI-0621 is safe and well-tolerated, showing promise as a preferred treatment compared to existing options with significant side effects.
- The upcoming 6-week interim biomarker analysis and topline data expected in Q3 2025 are important milestones that could provide insights into the drug's efficacy and support further development.
- The recommendation from the interim analysis committee to continue the study suggests confidence in GRI-0621’s potential, and the interim results hint at its anti-fibrotic effect.
Potential Negatives
- Currently available treatments for IPF are limited, highlighting the unmet need and urgency for effective therapies, which may put pressure on the company's timeline for GRI-0621.
- The press release emphasizes the ongoing uncertainty regarding the long-term efficacy and safety of GRI-0621, as the reported data is interim and may not predict final results.
- The company faces various risks outlined, including potential difficulties in maintaining its Nasdaq listing, regulatory approvals, and competition, which could impact its ability to move forward successfully with its product candidates.
FAQ
What is GRI-0621 being researched for?
GRI-0621 is being evaluated as a treatment for Idiopathic Pulmonary Fibrosis (IPF).
When will the interim biomarker analysis results be available?
The 6-week interim biomarker results are expected in July 2025.
How many patients are in the Phase 2a study of GRI-0621?
Approximately 35 subjects with IPF were enrolled in the Phase 2a study.
What are the expected benefits of GRI-0621?
GRI-0621 aims to provide a safer treatment option with potential anti-fibrotic effects for IPF patients.
Is GRI-0621 safe compared to existing treatments?
Interim results demonstrate that GRI-0621 is safe and well-tolerated with no significant side effects observed.
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.
$GRI Hedge Fund Activity
We have seen 10 institutional investors add shares of $GRI stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 21,996 shares (+1934.6%) to their portfolio in Q1 2025, for an estimated $70,387
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 11,047 shares (+1451.6%) to their portfolio in Q1 2025, for an estimated $35,350
- COMMONWEALTH EQUITY SERVICES, LLC added 10,925 shares (+1618.5%) to their portfolio in Q1 2025, for an estimated $34,960
- UBS GROUP AG removed 5,435 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $17,392
- CRANBROOK WEALTH MANAGEMENT, LLC added 3,541 shares (+1602.3%) to their portfolio in Q1 2025, for an estimated $11,331
- OSAIC HOLDINGS, INC. added 1,806 shares (+2202.4%) to their portfolio in Q1 2025, for an estimated $5,779
- TWO SIGMA SECURITIES, LLC removed 933 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $2,985
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Currently available treatments for IPF are limited to only two approved drugs that come with significant side-effects, limited patient compliance and no impact on survival
2- and 6-week interim safety results demonstrated GRI-0621 to be safe and well-tolerated in the first 12 and 24 patients evaluated, respectively
Results on track for 6-week interim biomarker analysis (n=24) in July 2025 and topline data in Q3 2025
LA JOLLA, CA, July 01, 2025 (GLOBE NEWSWIRE) -- GRI Bio, Inc. (NASDAQ: GRI) (“GRI Bio” or the “Company”), a biotechnology company advancing an innovative pipeline of Natural Killer T (“NKT”) cell modulators for the treatment of inflammatory, fibrotic and autoimmune diseases, today announced the completion of patient enrollment for its Phase 2a study evaluating GRI-0621 for the treatment of Idiopathic Pulmonary Fibrosis (“IPF”).
“We are pleased to complete enrollment of this important trial and take another step toward potentially providing a much needed treatment option for patients with IPF. Looking ahead, we remain on track to report 6-week interim biomarker results in July 2025, followed by topline data expected in the third quarter of this year. Our team is diligently working to bring this trial across the finish line and we look forward to providing updates in the near future,” commented Marc Hertz, PhD, Chief Executive Officer of GRI Bio.
The Phase 2a, randomized, double-blind, multi-center, placebo-controlled, parallel-design, 2-arm study enrolled approximately 35 subjects with IPF who were randomized in a 2:1 ratio for GRI-0621 4.5mg or a placebo. GRI-0621 dose of 4.5mg will be compared with a dose of placebo following once daily oral administration for 12 weeks. Concurrently, a sub-study will examine the number and activity of NKT cells in bronchoalveolar lavage (“BAL”) fluid for up to 12 eligible subjects (across various centers). The primary endpoint for the study is safety and tolerability of oral GRI-0621 as assessed by clinical labs, vital signs and adverse events after 12 weeks of treatment. Secondary endpoints are baseline changes in serum biomarkers collected at week 6 and week 12; an assessment of the pharmacokinetics (PK) of GRI-0621 at the week 12 visit of treatment (steady state); and a determination of the pharmacodynamic activity of oral GRI-0621 as measured by inhibition of iNKT cell activation in blood after 6 weeks and 12 weeks, and from BAL fluid after 12 weeks of treatment in a sub-study. Additional exploratory endpoints for the study are to assess the effect of GRI-0621 on pulmonary function at baseline and after 6 weeks and 12 weeks of treatment and flow cytometry and differential gene expression at various time points.
As previously announced, the pre-planned interim analysis for 2-week safety results from the ongoing Phase 2a biomarker study demonstrated GRI-0621 (4.5mg orally once daily) to be safe and well-tolerated in the first 12 patients evaluated per protocol and the pre-planned interim analysis for 6-week safety results from the ongoing Phase 2a biomarker study demonstrated GRI-0621 (4.5mg orally once daily) to be safe and well-tolerated in the first 24 patients evaluated per protocol. Hyperlipidemia, as assessed by LDL, HDL and triglyceride (TG) levels, was not seen in the 12 patients assessed at the 2-week visit nor the 24 patients assessed at the 6-week visit. There were no meaningful changes in HDL, LDL or TG levels in patients receiving GRI-0621 observed in either interim analysis. The interim analysis committee recommended the study should continue as planned following each interim analysis. The interim results show that GRI-0621’s receptor selectivity is consistent with the toxicity profile observed in earlier studies evaluating oral tazarotene in over 1,700 patients treated for up to 52 weeks.
Additionally, interim biomarker results from the first 12 subjects at 2 weeks were reviewed by the IDMC and determined that the change from baseline in PRO-C3 of GRI-0621-treated patients compared to placebo patients is suggestive of anti-fibrotic effect. Based on the available interim data reviewed, the IDMC has recommended the Phase 2a study evaluating GRI-0621 to continue as planned as there are no safety concerns seen to date.
The Company expects to report 6-week interim biomarker data in July 2025. Topline results from the Phase 2a biomarker study are expected in the third quarter of 2025.
For more information about the Phase 2a study, please visit clinicaltrials.gov and reference identifier NCT06331624.
About GRI Bio, Inc.
GRI Bio is a clinical-stage biopharmaceutical company focused on fundamentally changing the way inflammatory, fibrotic and autoimmune diseases are treated. GRI Bio’s therapies are designed to target the activity of Natural Killer T (“NKT”) cells, which are key regulators earlier in the inflammatory cascade, to interrupt disease progression and restore the immune system to homeostasis. NKT cells are innate-like T cells that share properties of both NK and T cells and are a functional link between the innate and adaptive immune responses. Type I invariant NKT (“iNKT”) cells play a critical role in propagating the injury, inflammatory response, and fibrosis observed in inflammatory and fibrotic indications. GRI Bio’s lead program, GRI-0621, is an inhibitor of iNKT cell activity and is being developed as a novel oral therapeutic for the treatment of idiopathic pulmonary fibrosis, a serious disease with significant unmet need. The Company is also developing a pipeline of novel type 2 diverse NKT (“dNKT”) agonists for the treatment of systemic lupus erythematosus. Additionally, with a library of over 500 proprietary compounds, GRI Bio has the ability to fuel a growing pipeline.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions. These forward-looking statements are based on the Company’s current beliefs and expectations. Forward-looking statements include, but are not limited to, statements regarding: the Company’s expectations with respect to development and commercialization of the Company’s product candidates, the timing of initiation or completion of clinical trials and availability of resulting data, the potential benefits and impact of the Company’s clinical trials and product candidates and any implication that the data or results observed in preclinical trials or earlier studies or trials will be indicative of results of later studies or clinical trials, the Company’s beliefs and expectations regarding potential shareholder value, the Company’s beliefs and estimates about its cash and available resources and its ability to fund its planned operations through any particular date, the Company’s beliefs about the timing and outcome of regulatory approvals and potential regulatory approval pathways, and the Company’s expected milestones in 2025. Actual results may differ from the forward-looking statements expressed by the Company in this press release and consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including, without limitation: (1) the inability to maintain the listing of the Company’s common stock on The Nasdaq Capital Market and to comply with applicable listing requirements; (2) changes in applicable laws or regulations; (3) the inability of the Company to raise financing in the future; (4) the success, cost and timing of the Company’s product development activities; (5) the inability of the Company to obtain and maintain regulatory clearance or approval for its respective product candidates, and any related restrictions and limitations of any cleared or approved product candidates; (6) the inability of the Company to identify, in-license or acquire additional technology; (7) the inability of the Company to compete with other companies currently marketing or engaged in the development of products and services that the Company is currently developing; (8) the size and growth potential of the markets for the Company’s products and services, and their respective ability to serve those markets, either alone or in partnership with others; (9) the failure to achieve any milestones or receive any milestone payments under any agreements; (10) inaccuracy in the Company’s estimates regarding expenses, future revenue, capital requirements and needs for and the ability to obtain additional financing; (11) the Company’s ability to protect and enforce its intellectual property portfolio, including any newly issued patents; and (12) other risks and uncertainties indicated from time to time in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the risks and uncertainties described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC on March 14, 2025 and subsequently filed reports. In particular, the data discussed in this release is interim data and additional study and additional favorable results will be needed for development of GRI-0621 to continue; this interim data may not be indicative of later or final data for this trial. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Investor Contact:
JTC Team, LLC
Jenene Thomas
(908) 824-0775
[email protected]