aTyr Pharma Announces First Quarter 2026 Results and Provides Corporate Update
Company to continue development of efzofitimod in pulmonary sarcoidosis following Type C meeting with the FDA.
Company plans to submit an IND in
On track to complete enrollment in Phase 2 EFZO-CONNECT™ study of efzofitimod in SSc-ILD in the first half of 2026.
Ended the first quarter 2026 with
“2026 is off to a productive start, as we now have a clear path forward for efzofitimod in pulmonary sarcoidosis, a major form of interstitial lung disease (ILD), following our recent Type C meeting with the
First Quarter 2026 and Subsequent Period Highlights
- Announced plans to continue the development of efzofitimod in pulmonary sarcoidosis following a Type C meeting with the FDA to review the results of the Phase 3 EFZO-FIT™ study and determine the path forward for efzofitimod in pulmonary sarcoidosis. The Company plans to file an IND in
June 2026 for a new Phase 3 study in patients with chronic, symptomatic pulmonary sarcoidosis with restrictive lung disease utilizing FVC as the primary endpoint of the study and the KSQ-Lung score as the key secondary endpoint. The Phase 3 trial is expected to be a global, randomized, double-blind, placebo-controlled study to evaluate the efficacy and safety of efzofitimod in patients with moderate to severe pulmonary sarcoidosis. The 54-week study will consist of two parallel cohorts randomized equally to either 5.0 mg/kg efzofitimod or placebo dosed intravenously once every 3 weeks for a total of 17 doses. The study is intended to enroll up to approximately 372 patients with symptomatic pulmonary sarcoidosis with restrictive lung disease who are receiving a stable dose of ≤ 5.0 mg daily oral corticosteroid and/or a background immunosuppressant. All background treatment will remain stable throughout the duration of the study. The primary endpoint of the study will be change from baseline in FVC at week 48 and the key secondary endpoint will be change from baseline in the KSQ-Lung score at week 48. - On track to complete enrollment in the Phase 2 EFZO-CONNECT™ study to evaluate the efficacy, safety and tolerability of efzofitimod in patients with limited or diffuse systemic sclerosis (SSc, or scleroderma)-related ILD (SSc-ILD) in the first half of 2026. This proof-of-concept study is a randomized, double-blind, placebo-controlled, 28-week study consisting of three parallel cohorts randomized 2:2:1 to either 270 mg or 450 mg of efzofitimod or placebo administered intravenously monthly for a total of six doses. The study intends to enroll up to 25 patients at multiple centers in
the United States . Promising interim data from the study were reported in the second quarter of 2025. - Poster related to the Company’s investigational new drug candidate, ATYR0101, accepted for presentation at the
Extracellular Matrix Pharmacology Congress , which is scheduled to take placeJune 14 – 17, 2026 inCopenhagen, Denmark . The poster, which is titled, “Natural Asp-tRNA Synthetase Fragment Interacts with LTBP-1 on the ECM Promoting Myofibroblast Apoptosis and Reducing Fibrosis,” presents research indicating that AYTR0101 selectively induces myofibroblast apoptosis via modulation of focal adhesion kinase (FAK) signaling through a novel binding interaction with latent-transforming growth factor beta binding protein 1 (LTBP-1) and results in a significant reduction of fibrosis in lung and kidney models. The poster will be available on the Company’s website once presented.
First Quarter 2026 Financial Highlights and Cash Position
- Cash & Investment Position: Cash, cash equivalents, restricted cash and available-for-sale investments as of
March 31, 2026 , were$68.3 million .
- R&D Expenses: Research and development expenses were
$7.3 million for the first quarter 2026, which consisted primarily of costs for the Phase 3 EFZO-FIT™ and Phase 2 EFZO-CONNECT™ studies and research and development costs for the Company’s preclinical product candidates. - G&A Expenses: General and administrative expenses were
$4.1 million for the first quarter 2026.
About Efzofitimod
Efzofitimod is a novel biologic immunomodulator in clinical development for the treatment of interstitial lung disease (ILD), a group of immune-mediated disorders that can cause inflammation and fibrosis, or scarring, of the lungs. Efzofitimod is a tRNA synthetase derived therapy that selectively modulates activated myeloid cells through neuropilin-2 to resolve inflammation without immune suppression and potentially prevent the progression of fibrosis. Efzofitimod is currently being investigated in the Phase 2 EFZO-CONNECT™ study in patients with systemic sclerosis (SSc, or scleroderma)-related ILD, and aTyr intends to submit an investigational new drug (IND) application in
About aTyr
aTyr is a clinical stage biotechnology company leveraging evolutionary intelligence to translate tRNA synthetase biology into new therapies for fibrosis and inflammation. tRNA synthetases are ancient, essential proteins that have evolved novel domains that regulate diverse pathways extracellularly in humans. aTyr’s discovery platform is focused on unlocking hidden therapeutic intervention points by uncovering signaling pathways driven by its proprietary library of domains derived from all 20 tRNA synthetases. aTyr’s lead therapeutic candidate is efzofitimod, a novel biologic immunomodulator in clinical development for the treatment of interstitial lung disease, a group of immune-mediated disorders that can cause inflammation and progressive fibrosis, or scarring, of the lungs. For more information, please visit www.atyrpharma.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are usually identified by the use of words such as “aims,” “anticipates,” “believes,” “can,” “designed,” “expects,” “hopes,” “intends,” “look toward,” “may,” “plans,” “potential,” “project,” “suggest,” “will,” and variations of such words or similar expressions. We intend these forward-looking statements to be covered by such safe harbor provisions for forward-looking statements and are making this statement for purposes of complying with those safe harbor provisions. These forward-looking statements include, among others, statements regarding the potential therapeutic benefits and applications of efzofitimod and ATYR0101; timelines and plans with respect to certain development activities and development goals, including the submission (and planned timing of submission) of an IND for a Phase 3 study of efzofitimod in pulmonary sarcoidosis in
| Condensed Consolidated Statements of Operations | ||||||||
| (in thousands, except share and per share data) | ||||||||
| Three Months Ended | ||||||||
| 2026 | 2025 | |||||||
| (unaudited) | ||||||||
| Operating expenses: | ||||||||
| Research and development | 7,317 | 11,814 | ||||||
| General and administrative | 4,119 | 3,959 | ||||||
| Total operating expenses | 11,436 | 15,773 | ||||||
| Loss from operations | (11,436 | ) | (15,773 | ) | ||||
| Total other income (expense), net | 644 | 892 | ||||||
| Consolidated net loss | (10,792 | ) | (14,881 | ) | ||||
| Net loss attributable to noncontrolling interest in |
1 | 1 | ||||||
| Net loss attributable to |
$ | (10,791 | ) | $ | (14,880 | ) | ||
| Net loss per share, basic and diluted | $ | (0.11 | ) | $ | (0.17 | ) | ||
| Shares used in computing net loss per share, basic and diluted | 98,043,839 | 86,485,126 | ||||||
| Condensed Consolidated Balance Sheets | ||||||||
| (in thousands) | ||||||||
| 2026 | 2025 | |||||||
| (unaudited) | ||||||||
| Cash, cash equivalents, restricted cash and available-for-sale investments | $ | 68,318 | $ | 80,922 | ||||
| Other receivables | 477 | 873 | ||||||
| Property and equipment, net | 4,237 | 4,263 | ||||||
| Operating lease, right-of-use assets | 5,441 | 5,524 | ||||||
| Financing lease, right-of-use assets | 447 | 596 | ||||||
| Prepaid expenses and other assets | 734 | 825 | ||||||
| Total assets | $ | 79,654 | $ | 93,003 | ||||
| Accounts payable and accrued expenses | $ | 10,213 | $ | 13,682 | ||||
| Current portion of operating lease liability | 890 | 836 | ||||||
| Current portion of financing lease liability | 596 | 630 | ||||||
| Long-term operating lease liability, net of current portion | 10,063 | 10,308 | ||||||
| Long-term financing lease liability, net of current portion | 151 | 259 | ||||||
| Total stockholders’ equity | 57,741 | 67,288 | ||||||
| Total liabilities and stockholders’ equity | $ | 79,654 | $ | 93,003 | ||||
| Contact: |
| Sr. Director, Investor Relations and Public Affairs |
| adunston@atyrpharma.com |
Source: aTyr Pharma, Inc.
