Theravance Biopharma Inc.’s gut selective JAK inhibitor izencitinib has missed primary and secondary efficacy endpoints in a Phase IIb ulcerative colitis study, dismaying the company which is now awaiting the results of a Crohn’s disease study with the compound, part of an ongoing collaboration with Janssen Biotech Inc..
There were high hopes that izencitinib would be a potent oral gut-selective pan JAK-inhibitor associated with few systemic side effects, but its lack of efficacy in the Phase IIb study also disappointed investors, with the company’s shares falling by 22%