Keros Therapeutics halts certain dosing in TROPOS trial due to safety concerns while continuing to collect safety and efficacy data.
Quiver AI Summary
Keros Therapeutics, Inc. has announced the voluntary halt of dosing in the 3.0 mg/kg and 4.5 mg/kg treatment arms of its ongoing Phase 2 TROPOS trial of cibotercept, aimed at treating pulmonary arterial hypertension (PAH), due to safety concerns related to unexpected pericardial effusion adverse events. The trial remains fully enrolled and dosing continues in the 1.5 mg/kg arm after an assessment by an independent Data Monitoring Committee. Keros prioritizes patient safety and is cooperating with regulatory authorities, including the FDA, to address the findings. The company anticipates sharing topline data from the trial in the second quarter of 2025 and will provide updates as more information becomes available. An update call and webcast are scheduled for today, December 12, 2024, at 8:00 a.m. ET.
Potential Positives
- Keros Therapeutics is prioritizing patient safety by voluntarily halting dosing in certain treatment arms of the TROPOS trial after identifying adverse events, demonstrating a commitment to ethical clinical practices.
- The independent Data Monitoring Committee (DMC) endorsed the decision to continue the lower dose treatment arm, indicating a responsible approach to maintaining trial integrity.
- The TROPOS trial is fully enrolled, ensuring that the company can continue to gather significant data for analysis and future insights.
- Keros expects to present topline data from all treatment arms in the TROPOS trial in the second quarter of 2025, which could provide valuable information for stakeholders and potential future developments.
Potential Negatives
- The voluntary halt of dosing in two treatment arms of the TROPOS trial raises concerns about the safety and efficacy of the investigational drug cibotercept, which could affect company credibility and investor confidence.
- The reported adverse events of pericardial effusion could lead to increased scrutiny from regulatory authorities and potential delays in the trial, impacting the company's timeline for data readout and subsequent drug development.
- The situation highlights the company's reliance on a single product candidate, cibotercept, making it more vulnerable to the ramifications of clinical trial setbacks.
FAQ
What is the purpose of the Keros update call on December 12, 2024?
The update call is to discuss recent developments in the TROPOS trial and patient safety concerns.
Why did Keros halt dosing in the TROPOS trial?
Dosing was halted due to unanticipated pericardial effusion adverse events observed during the trial.
When can we expect topline data from the TROPOS trial?
Keros expects to present topline data from all treatment arms in the second quarter of 2025.
How can I access the Keros update call webcast?
The webcast can be accessed live at Keros' investor relations website or by dialing the conference call numbers provided in the press release.
What is cibotercept and its significance in the trial?
Cibotercept is designed to inhibit TGF-β signaling and is being developed for treating pulmonary arterial hypertension and related cardiovascular disorders.
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.
$KROS Insider Trading Activity
$KROS insiders have traded $KROS stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $KROS stock by insiders over the last 6 months:
- CARL L GORDON has traded it 2 times. They made 0 purchases and 2 sales, selling 250,000 shares.
- ADVISORS LLC ORBIMED has traded it 2 times. They made 0 purchases and 2 sales, selling 250,000 shares.
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$KROS Hedge Fund Activity
We have seen 93 institutional investors add shares of $KROS stock to their portfolio, and 75 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POINT72 ASSET MANAGEMENT, L.P. added 577,220 shares (+155.9%) to their portfolio in Q3 2024
- PARADIGM BIOCAPITAL ADVISORS LP added 525,037 shares (+inf%) to their portfolio in Q3 2024
- PRICE T ROWE ASSOCIATES INC /MD/ added 326,595 shares (+27.5%) to their portfolio in Q3 2024
- ALKEON CAPITAL MANAGEMENT LLC added 298,694 shares (+18.7%) to their portfolio in Q3 2024
- CITADEL ADVISORS LLC added 294,439 shares (+71.7%) to their portfolio in Q3 2024
- FRONTIER CAPITAL MANAGEMENT CO LLC added 287,484 shares (+inf%) to their portfolio in Q3 2024
- MANGROVE PARTNERS IM, LLC added 286,995 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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Keros will host an update call and webcast today, December 12, 2024, at 8:00 a.m. ET
LEXINGTON, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Keros Therapeutics, Inc. (“Keros” or the “Company”) (Nasdaq: KROS), a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapeutics to treat a wide range of patients with disorders that are linked to dysfunctional signaling of the transforming growth factor-beta (“TGF-ß”) family of proteins, today announced that it has voluntarily halted dosing in the 3.0 mg/kg and 4.5 mg/kg treatment arms in the ongoing TROPOS trial, a Phase 2 clinical trial of cibotercept (KER-012) in combination with background therapy in patients with pulmonary arterial hypertension (“PAH”), based on a safety review due to the unanticipated observation of pericardial effusion adverse events in the trial.
“We are working diligently to gain a better understanding of these unanticipated findings,” said Jasbir S. Seehra, Ph.D., Chair and CEO. “Above all, patient safety is our top priority when conducting any clinical trial. We will work with the investigators, the U.S. Food and Drug Administration (“FDA”) and other relevant regulatory authorities to address this as quickly as possible.”
The TROPOS trial is fully enrolled, and dosing in the 1.5 mg/kg treatment arm remains ongoing following completion of a risk and benefit assessment of the data from the ongoing trial that was conducted by the independent Data Monitoring Committee (“DMC”) followed by a select group of unblinded individuals at Keros. The decision to halt the dosing in 3.0 mg/kg and 4.5 mg/kg treatment arms and continue dosing in the 1.5 mg/kg treatment arm was made in consultation with the independent DMC for the trial. The Company intends to continue ongoing safety and efficacy data collection for all treatment arms in the trial. The Company has notified investigators and certain regulatory authorities, including the FDA, about this decision, and is in the process of notifying other relevant regulatory authorities. The Company continues to expect to present topline data from all treatment arms in this trial in the second quarter of 2025. The Company is working diligently to investigate and address this matter and expects to provide additional information when there is a material update.
Conference Call and Webcast Information
Keros will host a conference call and webcast today, December 12, 2024, at 8:00 a.m. Eastern time. The conference call will be webcast live at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=6k3fkWkW . The live teleconference may be accessed by dialing (877) 407-0309 (domestic) or (201) 389-0853 (international). An archived version of the call will be available in the investors section of the Keros website at http://ir.kerostx.com/ for 90 days following the conclusion of the call.
About TROPOS (NCT05975905)
TROPOS is a randomized, double-blind, placebo-controlled, global Phase 2 clinical trial to evaluate cibotercept in combination with background therapy in patients with PAH. The primary objective of this trial is to evaluate the effect of cibotercept on pulmonary hemodynamics compared to placebo in participants on background PAH therapy. The key secondary objective of this trial is to evaluate the effect of cibotercept on exercise capacity compared to placebo on participants on background PAH therapy.
About Cibotercept
Cibotercept is designed to bind to and inhibit the signaling of TGF-β ligands that stimulate smooth muscle hypertrophy and fibrosis, including activin A, activin B and myostatin. Keros believes that cibotercept has the potential to increase the signaling of bone morphogenic protein (“BMP”) pathways through this inhibition of activin A and activin B signaling, and consequently treat diseases such as PAH that are associated with reduced BMP signaling due to inactivating mutations in the BMP receptors. Cibotercept is being developed for the treatment of PAH and for the treatment of cardiovascular disorders.
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “expect” and “will” or similar expressions are intended to identify forward-looking statements. Examples of these forward-looking statements include statements concerning: Keros’ expectations regarding its progress and the design, objectives and timing of its clinical trial for cibotercept, including expected timing for data readout for the TROPOS trial; the response of FDA or any regulatory authorities to our voluntary actions with respect to the TROPOS trial; and the potential of cibotercept to increase the signaling of BMP pathways to treat diseases such as PAH. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among others: Keros’ limited operating history and historical losses; Keros’ ability to raise additional funding to complete the development and any commercialization of its product candidates; Keros’ dependence on the success of its product candidates, cibotercept, elritercept and KER-065; that Keros may be delayed in initiating, enrolling or completing any clinical trials; the risk that initial or interim results from a clinical trial may not be predictive of the final results of the trial or the results of future trials; competition from third parties that are developing products for similar uses; Keros’ ability to obtain, maintain and protect its intellectual property; and Keros’ dependence on third parties in connection with manufacturing, clinical trials and preclinical studies.
These and other risks are described more fully in Keros’ filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Quarterly Report on Form 10-Q, filed with the SEC on November 6, 2024, and its other documents subsequently filed with or furnished to the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, Keros undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Investor Contact:
Justin Frantz
[email protected]
617-221-6042