Successful Data Readouts
Positive data readouts from both the CORAL trial for chronic cough in IPF patients and the RIVER trial for RCC patients, leading to significant progress in clinical development.
Strong Financial Position
Raised approximately $115 million, resulting in total cash and investments of approximately $204 million as of June 30, 2025, providing a solid financial runway into 2029.
CORAL Trial Success
The CORAL trial met the primary endpoint with statistically significant reduction in 24-hour cough frequency and significant improvements in quality of life assessments using the Leicester Cough Questionnaire.
Planned Phase III Trials
Plans to initiate Phase III trials for chronic cough in IPF patients and a study for non-IPF interstitial lung diseases, expanding the potential market.
Advancement in Drug-Drug Interaction Studies
Ongoing Phase I studies, including a drug-drug interaction study, are expected to provide crucial data for the end of Phase II meeting with the FDA.