Rezolute announced a late-breaking presentation at ENDO 2025 on a Phase 3 study of ersodetug for congenital hyperinsulinism.
Quiver AI Summary
Rezolute, Inc., a company focused on treating hypoglycemia caused by hyperinsulinism, announced that its abstract for a Phase 3 study of its drug Ersodetug will be presented at ENDO 2025 in San Francisco, taking place from July 12-15, 2025. The study, called sunRIZE, aims to provide insights into patient demographics and baseline characteristics, highlighting the unmet medical needs in this area. With enrollment for the study now complete, topline data is expected by December. Ersodetug, an IgG2 monoclonal antibody, has the potential to treat various forms of congenital hyperinsulinism and is designed to reduce hypoglycemia by targeting insulin receptor over-activation. The study has enrolled approximately 56 participants across several countries, focusing on evaluating the efficacy and safety of Ersodetug in patients with persistent hypoglycemia despite current treatments.
Potential Positives
- The selection of the company's study abstract for a late-breaking presentation at a prominent scientific conference (ENDO 2025) highlights the significance of their research and enhances visibility within the medical community.
- Completion of enrollment for the Phase 3 sunRIZE study indicates strong interest and demand for the therapy, potentially increasing investor confidence in the company's pipeline.
- The expected topline data release in December demonstrates a clear timeline for advancing their treatment, potentially expediting the path towards regulatory approval and commercialization.
- Ersodetug's unique mechanism of action as a treatment for all forms of congenital hyperinsulinism positions it as a potentially critical option for patients with limited current treatment options, addressing a significant unmet medical need.
Potential Negatives
- Press release heavily relies on forward-looking statements, indicating uncertainty in the outcomes of ongoing studies and the efficacy of ersodetug, which may raise concerns among investors.
- The company does not provide specific timelines beyond mentioning topline data is expected in December, leaving stakeholders without a clear understanding of when results will be available.
- The mention of significant unmet medical needs suggests that current therapies may not be adequately addressing patient requirements, potentially highlighting limitations of existing options and raising questions about market competition.
FAQ
What is the focus of Rezolute, Inc.?
Rezolute, Inc. focuses on treating hypoglycemia caused by hyperinsulinism, particularly in patients with rare diseases.
What is the sunRIZE study about?
The sunRIZE study evaluates the efficacy and safety of ersodetug in treating congenital hyperinsulinism-related hypoglycemia.
When will topline data from the sunRIZE study be available?
Topline data from the sunRIZE study is expected to be available in December 2025.
Where will the sunRIZE study findings be presented?
Findings from the sunRIZE study will be presented at ENDO 2025 in San Francisco from July 12-15, 2025.
What is ersodetug?
Ersodetug is a monoclonal antibody designed to reduce hypoglycemia by binding to the insulin receptor in hyperinsulinism conditions.
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.
$RZLT Insider Trading Activity
$RZLT insiders have traded $RZLT stock on the open market 10 times in the past 6 months. Of those trades, 10 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $RZLT stock by insiders over the last 6 months:
- YOUNG-JIN KIM purchased 1,230,769 shares for an estimated $3,999,999
- DARON EVANS (CFO) has made 4 purchases buying 35,549 shares for an estimated $131,116 and 0 sales.
- WLADIMIR HOGENHUIS has made 2 purchases buying 16,758 shares for an estimated $66,733 and 0 sales.
- NEVAN C ELAM (CEO) purchased 12,302 shares for an estimated $34,999
- BRIAN KENNETH ROBERTS (Chief Medical Officer) purchased 2,500 shares for an estimated $10,939
- NERISSA KREHER purchased 3,076 shares for an estimated $9,997
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$RZLT Hedge Fund Activity
We have seen 48 institutional investors add shares of $RZLT stock to their portfolio, and 30 decrease their positions in their most recent quarter.
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- FMR LLC added 6,507,718 shares (+inf%) to their portfolio in Q1 2025, for an estimated $18,872,382
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$RZLT Analyst Ratings
Wall Street analysts have issued reports on $RZLT in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 04/28/2025
- JMP Securities issued a "Market Outperform" rating on 02/13/2025
- Guggenheim issued a "Buy" rating on 02/10/2025
To track analyst ratings and price targets for $RZLT, check out Quiver Quantitative's $RZLT forecast page.
$RZLT Price Targets
Multiple analysts have issued price targets for $RZLT recently. We have seen 2 analysts offer price targets for $RZLT in the last 6 months, with a median target of $11.5.
Here are some recent targets:
- Douglas Tsao from HC Wainwright & Co. set a target price of $14.0 on 04/28/2025
- Jason Butler from JMP Securities set a target price of $9.0 on 02/13/2025
Full Release
REDWOOD CITY, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage rare disease company focused on treating hypoglycemia caused by hyperinsulinism (HI), today announced that the abstract titled “Preliminary Patient Demographics And Baseline Characteristics From A Phase 3 Study (sunRIZE) Of Ersodetug For Hypoglycemia Due To Congenital Hyperinsulinism: Trial In Progress” has been selected for a late-breaking presentation at ENDO 2025 taking place July 12-15, 2025 in San Francisco, CA, USA.
“We are excited to share baseline data from the sunRIZE study, which will offer important insights into this population and its comparability to the Phase 2 RIZE study, further highlighting the persistent unmet medical need,” said Brian Roberts, M.D., Chief Medical Officer at Rezolute. “With enrollment now complete and topline data expected in December, we are one step closer to potentially delivering a much-needed therapy to patients who currently have limited options.”
Presentation details are as follows:
Title
: Preliminary Patient Demographics And Baseline Characteristics From A Phase 3 Study (sunRIZE) Of Ersodetug For Hypoglycemia Due To Congenital Hyperinsulinism: Trial In Progress
Format:
Poster presentation
Session:
Pediatric and Adolescent Endocrinology
Presentation Number
: MON-213
Date/Time
: Monday, July 14, 2025, 12:00 – 01:30 PM Pacific time
Presenters:
Gopal Saha, MBBS and Brian Roberts, MD
About sunRIZE
The Phase 3 sunRIZE study (RZ358-301) is a multi-center, randomized, double-blind, placebo-controlled, parallel arm study designed to evaluate the efficacy and safety of ersodetug in patients with congenital hyperinsulinism (HI), ages 3 months to 45 years old, who are experiencing continued hypoglycemia on currently available standard of care (SOC). Eligible participants are randomized to one of three treatment arms to receive either ersodetug (5 or 10 mg/kg) or matched placebo-control as add on to existing SOC. Study drug is administered every other week during an initial loading phase, and then every 4 weeks during the 6-month controlled pivotal treatment period. Following the pivotal treatment phase of the study, participants may roll-over into an optional open-label extension phase to continue to receive ersodetug, which has had a high rate of continuation thus far.
The study was to enroll approximately 56 participants in more than a dozen countries around the world, inclusive of U.S. patients, which has been completed and exceeded. The primary and key secondary efficacy endpoints in the study are the change from baseline in the average number of hypoglycemia events per week and the average percent time in hypoglycemia, respectively, over six months of treatment.
About Ersodetug
Ersodetug is a fully human IgG2 monoclonal antibody that binds allosterically to the insulin receptor to decrease receptor over-activation by insulin and related substances (such as IGF-2) in the setting of hyperinsulinism (HI), thereby improving hypoglycemia. Because ersodetug acts downstream from the pancreas, it has the potential to be universally effective at treating hypoglycemia due to any congenital or acquired form of HI.
About Congenital Hyperinsulinism
Congenital Hyperinsulinism (HI) is the most common cause of recurrent and persistent hypoglycemia in children. Patients with congenital HI typically present with signs or symptoms of hypoglycemia within the first month of life. These episodes can result in significant brain injury and death if not recognized and managed appropriately. Additionally, recurrent, or cumulative, hypoglycemia can lead to progressive and irreversible damage over time, including serious and devastating brain injury, seizures, neuro-developmental problems, feeding difficulties, and significant impact on patient and family quality of life. In cases of congenital HI that are unresponsive to medical management, surgical removal of the pancreas may be required. More than half of children with congenital HI require long-term medical treatment for hypoglycemia that is not addressed by available therapies.
About Rezolute, Inc.
Rezolute is a late-stage rare disease company focused on treating hypoglycemia caused by hyperinsulinism (HI). The Company’s antibody therapy, ersodetug, is designed to treat all forms of HI and has shown substantial benefit in clinical trials and real-world use for the treatment of both congenital and tumor HI. For more information, visit www.rezolutebio.com.
Forward-Looking Statements
This release, like many written and oral communications presented by Rezolute and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of Rezolute, are generally identified by use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "seek," "strive," "try," or future or conditional verbs such as "could," "may," "should," "will," "would," or similar expressions. These forward-looking statements include, but are not limited to, statements regarding the data presented at ENDO 2025 and subsequent conferences, potential efficacy of ersodetug in the congenital HI patient population, the timeline for achieving results in the Phase 3 study and the potential approval and commercialization of ersodetug. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by applicable law or regulation, Rezolute undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made. Important factors that may cause such a difference include any other factors discussed in our filings with the SEC, including the Risk Factors contained in the Rezolute’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at the SEC’s website at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements in this release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement.
Contacts:
Rezolute, Inc.
Christen Baglaneas
[email protected]
508-272-6717
Media
Sarah Lima
[email protected]
(774) 766-0200