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BridgeBio Reports Results From Phase 1/2 Trial Of Investigational Gene Therapy For Congenital Adrenal Hyperplasia; Says Increase In Endogenous Cortisol Production Achieved In All Patients In Higher Dose Cohorts Of BBP-631

Author: Benzinga Newsdesk | September 10, 2024 04:49pm

BBP-631 has been well tolerated with only mild to moderate treatment-emergent adverse events (TEAEs) and no treatment-related SAEs reported.

"Given that the results of the trial did not meet the threshold to warrant additional capital investment at this time, BridgeBio will be reducing the gene therapy budget more than $50M, consistent with our capital allocation principles, and reserving gene therapy for priority targets that we cannot treat any other way," said Brian Stephenson, Ph.D., CFA, Chief Financial Officer of BridgeBio. 

Posted In: BBIO

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