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Surrozen (SRZN) investor relations material
Surrozen Guggenheim Securities 2nd Annual Healthcare Innovation Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Scientific and clinical background
Focus on Wnt pathway activation for tissue regeneration, particularly in ophthalmology, due to strong genetic and clinical evidence in retinal diseases.
Wnt pathway activation offers VEGF-like efficacy in retinal diseases, with potential for greater benefit when combined with VEGF and IL-6 inhibition.
Preclinical models show synergy and superior efficacy when combining Wnt agonism with VEGF inhibition, outperforming single-mechanism approaches.
Wnt biology is prioritized for diabetic macular edema (DME) due to clearer biological rationale, but wet AMD remains a target.
Safety profile for Wnt agonists is favorable, with no significant clinical safety signals reported to date.
Pipeline and partnerships
Lead molecule 8141 (Wnt/VEGF) is on track for IND filing in 2026, with 8143 (Wnt/VEGF/IL-6) following a few months later.
8141 and 8143 are designed for both DME and wet AMD, with initial trials likely to include both indications and focus on treatment-naive patients.
Partnership with Boehringer Ingelheim (BI) involves a licensed molecule more potent than Merck’s RESTRA; BI’s program is now a straight license with limited information sharing.
Preclinical data suggest combining mechanisms in a single molecule is more effective than separate injections.
Intellectual property position is strong, with broad patents covering multivalent antibodies targeting Frizzled LRP5/6.
Competitive landscape and expectations
Merck and Roche are key competitors, with Merck’s RESTRA studies (Brunello and Barolo) expected to read out in Q3 next year.
Clinical feedback highlights the need for improved retinal drying and visual function, areas where Wnt-based therapies may excel.
Monthly dosing for RESTRA is limited by formulation constraints; 8141 aims for less frequent dosing (every 8–12 weeks).
Anticipated additive benefits from combining Wnt, VEGF, and IL-6 mechanisms, supported by recent clinical data.
Company positions itself as a scientific leader in Wnt biology, with opportunities to educate clinicians and differentiate from competitors.
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