Soleno Therapeutics announced positive clinical results for VYKAT XR in treating hyperphagia in Prader-Willi syndrome at a conference.
Quiver AI Summary
Soleno Therapeutics, Inc. has announced positive results from its clinical program for VYKAT™ XR (diazoxide choline) extended-release tablets, aimed at treating hyperphagia in individuals with Prader-Willi syndrome (PWS). Presented at the 2025 Pediatric Endocrine Society Annual Meeting, data showed significant improvements in hyperphagia and behavioral symptoms following a 16-week randomized withdrawal period. Participants who resumed treatment with VYKAT XR displayed a notable reduction in hyperphagia scores after 13 weeks and continued benefits throughout the year. VYKAT XR, which received FDA approval in March 2025, is now available for adult and pediatric PWS patients aged four and older. The press release also included safety information regarding potential adverse effects and contraindications for VYKAT XR.
Potential Positives
- Data presented at the Pediatric Endocrine Society (PES) Annual Meeting highlights significant improvements in hyperphagia and behavioral symptoms for participants with Prader-Willi syndrome (PWS) after resuming treatment with VYKAT XR.
- VYKAT XR has been shown to be effective in long-term management, with participants demonstrating sustained benefits over one year after treatment initiation.
- The FDA approval of VYKAT XR expands treatment options for patients with PWS, allowing it to be commercially available to both adults and pediatric patients age 4 and older.
Potential Negatives
- Despite showing improvements in some symptoms, the need for long-term continuous treatment with VYKAT XR indicates potential challenges in managing Prader-Willi syndrome effectively, which may raise concerns about therapy sustainability and patient compliance.
- The press release lists several contraindications and warnings related to VYKAT XR, including the risk of hyperglycemia and fluid overload, which may lead to safety concerns among physicians and patients regarding the medication's use.
- The mention of adverse reactions, such as hypertrichosis and edema, which occurred in over 10% of participants, may deter potential users or healthcare providers from prescribing VYKAT XR due to safety and tolerability issues.
FAQ
What is VYKAT XR used for?
VYKAT XR is indicated for treating hyperphagia in adults and children 4 years and older with Prader-Willi syndrome.
When was VYKAT XR approved by the FDA?
VYKAT XR was approved by the U.S. FDA on March 26, 2025.
What improvements were shown in the clinical study?
Participants showed significant reductions in hyperphagia and behavioral symptoms after resuming VYKAT XR treatment.
What are the common side effects of VYKAT XR?
The most common side effects include hypertrichosis, edema, hyperglycemia, and rash.
Where can I find more information about Soleno Therapeutics?
More information can be found on Soleno Therapeutics' website at www.soleno.life.
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.
$SLNO Insider Trading Activity
$SLNO insiders have traded $SLNO stock on the open market 84 times in the past 6 months. Of those trades, 0 have been purchases and 84 have been sales.
Here’s a breakdown of recent trading of $SLNO stock by insiders over the last 6 months:
- OPPORTUNITY, LLC VIVO has made 0 purchases and 3 sales selling 1,833,557 shares for an estimated $124,449,124.
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- PATRICIA C HIRANO (SEE REMARKS) has made 0 purchases and 20 sales selling 163,127 shares for an estimated $11,113,218.
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- MICHAEL F. HUANG (Sr. VP of Clinical Development) has made 0 purchases and 9 sales selling 14,583 shares for an estimated $1,013,627.
- MATTHEW PAULS sold 5,937 shares for an estimated $424,797
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$SLNO Hedge Fund Activity
We have seen 140 institutional investors add shares of $SLNO stock to their portfolio, and 87 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NANTAHALA CAPITAL MANAGEMENT, LLC removed 2,171,943 shares (-55.3%) from their portfolio in Q1 2025, for an estimated $155,185,327
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$SLNO Analyst Ratings
Wall Street analysts have issued reports on $SLNO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Guggenheim issued a "Buy" rating on 03/28/2025
- Laidlaw issued a "Buy" rating on 03/27/2025
- Cantor Fitzgerald issued a "Overweight" rating on 03/27/2025
- H.C. Wainwright issued a "Buy" rating on 12/02/2024
To track analyst ratings and price targets for $SLNO, check out Quiver Quantitative's $SLNO forecast page.
$SLNO Price Targets
Multiple analysts have issued price targets for $SLNO recently. We have seen 4 analysts offer price targets for $SLNO in the last 6 months, with a median target of $91.5.
Here are some recent targets:
- Debjit Chattopadhyay from Guggenheim set a target price of $81.0 on 03/28/2025
- An analyst from Robert W. Baird set a target price of $102.0 on 03/27/2025
- An analyst from UBS set a target price of $105.0 on 03/27/2025
- Raghuram Selvaraju from H.C. Wainwright set a target price of $70.0 on 12/02/2024
Full Release
REDWOOD CITY, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- Soleno Therapeutics, Inc. (NASDAQ: SLNO), a biopharmaceutical company developing novel therapeutics for the treatment of rare diseases, today announced data presented from its clinical development program of VYKAT™ XR (diazoxide choline) extended-release tablets, previously referred to as DCCR, at the Pediatric Endocrine Society (PES) Annual Meeting 2025, which was held May 15-18 in National Harbor, Maryland, USA. The presentation showed that resumption of VYKAT XR treatment in participants with PWS following a 16-week randomized withdrawal was associated with significant improvements in both hyperphagia and behavioral symptoms.
“We are pleased to share the results from our ongoing clinical development program for VYKAT XR,” said Anish Bhatnagar, M.D., Chairman and Chief Executive Officer of Soleno Therapeutics. “These results support the effectiveness of VYKAT XR in managing the critical symptoms of PWS and highlight the importance of long-term, continuous treatment.”
Data Presented at the 2025 Pediatric Endocrine Society (PES) Annual Meeting
Following long-term open label treatment with VYKAT XR for approximately 3 years (C602-OLE) and 16 weeks of randomized withdrawal (C602-RWP), participants who were randomized to placebo and restarted VYKAT XR in the open-label Study C614 showed improvements in hyperphagia by 13 weeks, with continued benefit through one year. Specifically, these participants showed a 6.3-point reduction in the Hyperphagia Questionnaire for Clinical Trials (HQ-CT) total score at one year —returning to levels similar to their pre-withdrawal baseline. Behavioral improvements were also demonstrated through one year, with improvements across all six domains assessed.
About PWS
The Prader-Willi Syndrome Association USA estimates that PWS occurs in one in every 15,000 live births. The hallmark symptom of this disorder is hyperphagia, a chronic and life-threatening condition characterized by feelings of intense, persistent hunger, food pre-occupation, and an extreme drive to seek and consume food, which can severely diminish the quality of life for individuals with PWS and their families. Additional characteristics of PWS include behavioral problems, cognitive disabilities, low muscle tone, short stature (when not treated with growth hormone), the accumulation of excess body fat, developmental delays, and incomplete sexual development. Hyperphagia can lead to significant mortality (e.g., stomach rupture, choking, accidental death due to food seeking behavior) and longer term, co-morbidities such as diabetes, obesity, and cardiovascular disease.
About VYKAT XR
VYKAT XR was approved by the U.S. Food and Drug Administration (FDA) on March 26, 2025, and is now commercially available to U.S. patients.
VYKAT XR is indicated for the treatment of hyperphagia in adults and pediatric patients 4 years of age and older with Prader-Willi syndrome (PWS).
IMPORTANT SAFETY INFORMATION
Contraindications
Use of VYKAT XR is contraindicated in patients who have a known hypersensitivity to diazoxide, other components of VYKAT XR, or to thiazides.
Warnings and Precautions
Hyperglycemia
Hyperglycemia, including diabetic ketoacidosis, has been reported. Before initiating VYKAT XR, test fasting plasma glucose (FPG) and HbA1c; optimize blood glucose in patients who have hyperglycemia. During treatment, regularly monitor fasting glucose (FPG or fasting blood glucose) and HbA1c. Monitor fasting glucose more frequently during the first few weeks of treatment in patients with risk factors for hyperglycemia.
Risk of Fluid Overload
Edema, including severe reactions associated with fluid overload, has been reported. Monitor for signs or symptoms of edema or fluid overload. VYKAT XR has not been studied in patients with compromised cardiac reserve and should be used with caution in these patients.
Adverse Reactions
The most common adverse reactions (incidence ≥10% and at least 2% greater than placebo) included hypertrichosis, edema, hyperglycemia, and rash.
Please see the full Prescribing Information, including Medication Guide .
About Soleno Therapeutics, Inc.
Soleno is focused on the development and commercialization of novel therapeutics for the treatment of rare diseases. The company’s first commercial product, VYKAT XR (diazoxide choline) extended-release tablets, formerly known as DCCR, is a once-daily oral treatment for hyperphagia in adults and children 4 years of age and older with Prader-Willi syndrome. For more information, please visit
www.soleno.life
.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this press release are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions, including those described in the company's prior press releases and in the periodic reports it files with the SEC. The events and circumstances reflected in the company's forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Except as required by applicable law, the company does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.
Corporate Contact:
Brian Ritchie
LifeSci Advisors, LLC
212-915-2578
Media Contact:
Soleno Therapeutics
[email protected]
650-213-8444, #2