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Climb Bio (CLYM) investor relations material

Climb Bio Oppenheimer 36th Annual Healthcare Life Sciences Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Oppenheimer 36th Annual Healthcare Life Sciences Conference summary25 Feb, 2026

Strategic focus and pipeline overview

  • Focus on developing differentiated monoclonal antibody therapeutics for immune-mediated diseases, targeting clinically validated pathways such as CD19 and APRIL.

  • Pipeline includes budoprutug (anti-CD19) and CLYM116 (anti-APRIL), both acquired externally and positioned for overlooked opportunities.

  • Budoprutug targets B-cell and autoantibody-driven diseases, with a lead indication in primary membranous nephropathy (PMN), and additional programs in ITP and lupus.

  • CLYM116 is a novel sweeper antibody targeting APRIL, aiming for improved potency and dosing convenience in IgA nephropathy (IgAN).

  • Subcutaneous formulations are in development to enhance patient and provider flexibility.

Clinical development and data readouts

  • Phase 1B data for budoprutug in PMN showed profound B-cell depletion and durable remissions, with 60% of patients achieving complete remission up to three years off treatment.

  • Ongoing phase 2 study in PMN is enrolling, with initial data on B-cell depletion, immunologic response, and proteinuria expected by year-end.

  • Subcutaneous budoprutug phase 1 healthy volunteer data expected in the first half of the year; CLYM116 healthy volunteer data mid-year.

  • Initial data from budoprutug in ITP, SLE, and PMN anticipated in the second half of the year.

  • Preclinical studies of CLYM116 showed superior IgA reduction and longer half-life compared to Sibeprenlimab, supporting potential for less frequent dosing.

Market positioning and competitive landscape

  • Budoprutug is differentiated from existing CD19 therapies (e.g., UPLIZNA) by offering a subcutaneous option and leveraging learnings to accelerate pivotal trials.

  • Antibody approach seen as safer and more broadly applicable than cell therapies like CAR-T, which are reserved for severe cases.

  • CLYM116 aims to address efficacy, convenience, and safety gaps in the evolving IgAN treatment landscape, with a focus on monotherapy but openness to future combinations.

  • The company is positioned to independently advance pivotal trials in core indications, with potential for partnerships in broader or more complex indications.

  • Financial runway extends into 2028, with flexibility to raise additional funds for pivotal trials and expanded indications.

CLYM116: What market advantage from PK/PD?
Budoprutug: How to compete with CAR-T and UPLIZNA?
When would Climb pursue partnerships for assets?
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