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Dianthus Therapeutics (DNTH) investor relations material
Dianthus Therapeutics Corporate Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic focus and pipeline overview
Advancing two autoimmune therapeutics, claseprubart and DNTH212, each with best-in-class, pipeline-in-a-product potential targeting infrequent, patient-friendly self-administration.
Claseprubart is a potent classical pathway inhibitor with clinical proof-of-concept in gMG, CIDP, and MMN, aiming for convenient subcutaneous dosing every 2 or 4 weeks.
DNTH212 is a bifunctional BDCA2 and BAFF/APRIL inhibitor, showing superior in vitro efficacy and targeting both innate and adaptive immune systems.
Strong financial position with ~$525M in cash, providing runway into 2028 to fund multiple near-term catalysts.
Key upcoming milestones include multiple Phase 3 and Phase 2 trial initiations and readouts for both assets through 2026.
Claseprubart clinical data and market opportunity
Phase 2 MaGic trial in gMG showed rapid, sustained, and statistically significant improvements in MG-ADL, QMG, MGC, and MG-QOL-15r scores versus placebo.
Over 60% of patients on 300mg/2mL achieved ≥5-point improvement in MG-ADL and QMG; 37% achieved minimal symptom expression at week 13.
Safety profile was favorable, with no serious infection signals, no autoimmune activation, and no boxed warning or REMS anticipated.
Targeting a large, underpenetrated U.S. gMG market (>100,000 patients), with <20% currently treated with biologics and a market size >$3.5B.
Phase 3 trial to include Q4W dosing and refined screening criteria, aiming to further differentiate on efficacy and convenience.
Expansion into CIDP and MMN
CIDP market (>40,000 U.S. patients) has high unmet need; active C1s inhibition validated by riliprubart, but claseprubart offers superior potency and more convenient dosing.
Phase 3 CAPTIVATE trial in CIDP includes open-label and randomized withdrawal design, with interim responder analysis expected in Q2'26.
MMN market (~10,000 U.S. patients) is underdiagnosed; classical pathway inhibition validated, and claseprubart aims to become new standard of care with low-volume, self-administered dosing.
Phase 2 MOMENTUM trial in MMN is ongoing, with top-line data expected in 2H'26.
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