Tempest Therapeutics (TPST) Study Update summary
Event summary combining transcript, slides, and related documents.
Study Update summary
19 Jun, 2026Study background and rationale
Amezalpat (TPST-1120) is a first-in-class PPAR-alpha antagonist targeting both tumor and immune suppressor cells, designed for difficult-to-treat tumors, including immune cold and beta-catenin mutated cancers.
Earlier phase I data showed clinical benefit as monotherapy and in combination with checkpoint inhibitors.
Liver cancer was prioritized due to high PPAR-alpha expression and promising early results.
Beta-catenin mutations, which upregulate PPAR-alpha, may enhance response to amezalpat.
Study design and patient population
Global randomized phase 1b/2 trial in first-line unresectable/metastatic HCC, comparing amezalpat plus atezolizumab/bevacizumab to standard of care across 26 sites in 7 countries.
70 patients randomized: 40 in the amezalpat arm, 30 in control, with balanced demographics and baseline characteristics.
Primary endpoint was confirmed objective response rate; secondary endpoints included progression-free survival, overall survival, and safety.
Stratification factors and eligibility criteria aligned with prior registrational studies.
Efficacy and survival outcomes
Median overall survival in the amezalpat arm was 21 months versus 15 months in control, a six-month improvement.
Hazard ratio for OS was 0.65, indicating a 35% reduction in risk of death.
Confirmed objective response rate was 30% for amezalpat versus 13.3% for control; PFS HR was 0.8 (median 7 vs. 4.27 months).
50% of amezalpat patients remain in survival follow-up, compared to 30% in control.
Early and sustained separation of survival curves observed, with benefit seen as early as three months.
Latest events from Tempest Therapeutics
- Biotech registers 2.4M shares for resale; proceeds from warrant exercises fund operations.TPST
Registration filing26 Jun 2026 - Approval sought for major warrant-related share issuances to support liquidity and Nasdaq compliance.TPST
Proxy filing8 Jun 2026 - Shareholders to vote on major stock issuances tied to PIPE and Inducement Warrants, with Board support.TPST
Proxy filing29 May 2026 - Q1 2026 saw a $27.7M net loss, $1.8M cash, and urgent financing needs amid pipeline progress.TPST
Q1 202614 May 2026 - TPST-2003 dual CAR-T achieves deep, durable responses and strong safety in rrMM, including EMD.TPST
Corporate presentation11 May 2026 - Biotech registers 2.78M shares for resale; proceeds from warrant exercises support operations.TPST
Registration filing2 Apr 2026 - 8.27M shares registered for resale after a CAR-T asset acquisition; no proceeds to the company.TPST
Registration filing30 Mar 2026 - Transformative year with CAR-T asset acquisition, strong clinical data, and reduced net loss.TPST
Q4 202530 Mar 2026 - TPST-1120's phase II success in liver cancer propels a global phase III launch, with key data ahead.TPST
Jefferies Global Healthcare Conference1 Feb 2026