Jasper’s Briquilimab Stands Up To Competition, But Investors Bail

The company reported positive Phase II data from the BEACON trial testing the c-Kit inhibitor in chronic spontaneous urticaria and said it is planning a Phase IIb/III program.

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Key Takeaways

Jasper’s Phase II BEACON trial testing the c-Kit inhibitor briquilimab in chronic spontaneous urticaria was positive.

Investors reacted negatively to the news, however, perhaps due to data inconsistencies across doses and the competitive dynamics in the market.

Novartis and Celldex are further ahead in development with rival drugs, though briquilimab’s efficacy appeared to be on par on with data reported for those drugs.

Jasper Therapeutics’ c-Kit inhibitor, briquilimab, demonstrated efficacy in a Phase II trial in patients with chronic spontaneous urticaria (CSU) that appears on par with rival Celldex’s barzolvolimab. However, the small...

In the Phase Ib/IIa BEACON trial, moderate-to-severe CSU patients treated with various doses of briquilimab experienced substantial reductions in Urticaria Activity Score over 7 days (UAS7), a weekly disease activity...

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