Terns Hits In NASH, But Trails Its Rivals

TERN-501 monotherapy looks serviceable in a mid-stage NASH trial, but others are ahead. Perhaps partnership is the way forward.

Liver
• Source: Shutterstock: SvetaZi

One thyroid hormone receptor-β agonist – Madrigal Pharmaceuticals, Inc.’s resmetirom – is fast approaching approval for non-alcoholic steatohepatitis (NASH), but that has not stopped Terns Pharmaceuticals, Inc. from working on another. Unfortunately, while yesterday’s Phase IIa results with TERN-501 were not bad, exactly, they did not mark the project out as notably better than the competition. The company’s stock opened down by 9% to $6.40 on the NASDAQ on 9 August.

The DUET trial assessed TERN-501’s ability to cut liver fat levels, a proxy for liver health that is assessed by...

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