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Tvardi Therapeutics (TVRD) investor relations material
Tvardi Therapeutics Chardan's 10th Annual Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Program overview
STAT3-focused portfolio spans oncology and inflammatory disease; phase I solid-tumor data showed PK/PD activity and tolerability, with a liver cancer phase II readout expected later in 2026.
TTI-109 is expected to advance in I&I, while TTI-101 remains the oncology molecule.
IPF findings and formulation
The U.S. IPF trial did not meet its goals; discontinuations were higher than expected when TTI-101 was combined with background nintedanib, which most participants received.
In completers, TTI-101 showed a greater than fourfold decrease in IL6 versus placebo and a 7% placebo-adjusted decline in fibrosis after 12 weeks; FVC results were confounded by no decline in the placebo arm.
TTI-109, an inert prodrug that converts to active drug systemically, showed placebo-like GI tolerability in phase I and reduced UC-associated T-cell and B-cell populations in healthy volunteers.
Mechanism and safety
The non-covalent approach inhibits STAT3 activation without removing the protein; management contrasted this with covalent inhibitors linked to mitochondrial toxicities.
Across 400 subjects treated with TTI-101 and TTI-109, no drug-related mitochondrial toxicity was observed.
Preclinical models, nine-month monkey toxicology, and patient treatment up to two years showed no reported wound-healing issues; long-term mouse data indicated changes in gut dysbiosis and the microbiome.
- TTI-109, an oral STAT3 inhibitor, shows promising safety and efficacy for unmet UC needs.TVRD
KOL event - TTI-109 offers targeted STAT3 inhibition with improved safety and efficacy for UC and HCC.TVRD
Corporate presentation - Q2 2026 net loss was $6.5M, cash $15.8M, and further funding is urgently needed.TVRD
Q2 2026 - STAT3 inhibitors TTI-101 and TTI-109 show clinical promise in IPF and HCC, with key data expected in 2026.TVRD
Company presentation - TTI-109 showed rapid conversion, immune modulation, and tolerability; TTI-101 reduced fibrosis in IPF.TVRD
Study result - STAT3 inhibitor TTI-109 aims to address fibrosis and immune disorders, with key data expected soon.TVRD
Jefferies Global Healthcare Conference 2026 - Net loss narrowed to $6.8M as clinical milestones approach, but funding concerns persist.TVRD
Q1 2026 - Up to $200M in securities registered, including $12.5M ATM equity, to fund clinical pipeline.TVRD
Registration filing - Annual meeting to elect directors, approve pay, and ratify auditor, with board support.TVRD
Proxy filing
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