Fractyl Health Inc

Fractyl Health Inc(GUTS)のニュースとイベント

$0.930

+0.035 (+3.81%)終値時点

GUTS のニュース

GUTS のイベント

10/22 09:30

Fractyl Health Discontinues Rejuva Gene Therapy Development

Fractyl Health announced it will discontinue internal development of its Rejuva gene therapy program and is seeking strategic alternatives to maximize the value of the program. There can be no assurance that the review will result in any transaction. The company expects its existing cash and cash equivalents to fund operations into Q2 2027. As cost reductions take effect and REMAIN-1 Pivotal Cohort expenditures decline, the company expects operating quarterly cash burn to be reduced by about 50%, to about $8M, by end of Q2 2027. The company continues to anticipate a planned FDA De Novo marketing application submission for Revita in late Q4, topline 12-month data from the REMAIN-1 Pivotal Cohort in Q1 2027, potential FDA marketing authorization in late 2027 and a potential U.S. commercial launch in early 2028. "We expect the capital we have today to be sufficient to fund our planned De Novo submission and upcoming 12-month pivotal data," said Harith Rajagopalan, co-founder and CEO.

10/22 09:30

Fractyl Health Co-Founder Jay Caplan to Retire on October 30

Fractyl Health announced that Jay Caplan, co-founder, president and chief product officer, will retire from his executive roles effective October 30. Caplan is expected to continue as a senior advisor to the leadership team. "Jay has been instrumental in building the Company," said Harith Rajagopalan, co-founder and CEO.

10/22 09:30

Fractyl Health Focuses on Revita, Cuts 45% of Workforce

Fractyl Health announced that it is sharpening its focus and concentrating its financial and operational resources on advancing Revita, its lead product candidate, toward potential FDA marketing authorization and commercialization in post-GLP-1 weight maintenance. The decision follows the company's recent announcement of positive topline six-month results from the REMAIN-1 Pivotal Cohort, which met its prespecified six-month co-primary endpoint with high statistical significance in weight regain compared to sham. Fractyl will implement a reduction in force affecting about 45% of its workforce, with the reduction expected to be substantially completed by November. "While these decisions are difficult, particularly those impacting our colleagues, we believe this focused strategy will position Fractyl to operate more efficiently and advance Revita toward its clinical and commercial potential," said Harith Rajagopalan, co-founder and CEO.

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