IIncyte develops and sells medicines by discovering and developing new drugs, focusing on diseases in inflammation, autoimmunity, and blood cancers. Its core product, Jakafi (ruxolitinib), is a JAK1/2 inhibitor approved to treat a rare blood cancer and works by blocking JAK enzymes to reduce abnormal blood cell growth. The company also expands its pipeline through research collaborations, partnerships, and acquisitions, such as the 2024 purchase of Escient Pharmaceuticals to strengthen its inflammation and autoimmune portfolio. Unlike some competitors that rely mainly on internal programs, Incyte combines in-house discovery with external collaborations and strategic deals to grow its drug candidates from early research to approved therapies. The goal is to deliver medicines that help patients with serious diseases by building a diverse, clinically validated portfolio of treatments through internal efforts and partnerships.
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Edesa Biotech gains FDA clearance to expand Phase 2 vitiligo trial. U.S. enrolment is expected in early 2027, with up to 80 adults testing EB06 against placebo and topline results due late that year. U.S. trial sites can join an ongoing vitiligo study after Edesa Biotech, Inc. NASDAQEDSA reported FDA clearance of its investigational new drug application on Thursday. The Phase 2 study will test EB06 against placebo in up to 80 adults, with topline results expected in the fourth quarter of 2027. The Oct. 15 release says Canadian recruitment is underway and the first U.S. sites are expected to begin enrolling patients in the first quarter of 2027. The clearance allows U.S. clinical testing, while EB06's safety and efficacy remain under evaluation. Edesa is a small Canadian clinical-stage drug developer focused on inflammatory and immune diseases, with programs in dermatology and respiratory medicine. Shares closed at US$2.67, up 0.75 per cent, in Nasdaq trading at 4 p.m. EDT on Oct. 15, according to Google Finance NASDAQEDSA. The trial measures facial scores at week 28. The double-blind study will assign participants equally to EB06 or placebo, with treatment every two weeks through week 22. Its primary endpoint is the mean percentage change from baseline in the Facial Vitiligo Area Scoring Index at week 28. That endpoint measures the average change in the facial vitiligo score. Secondary and exploratory measures include facial and total-body scoring benchmarks, safety, tolerability, pharmacokinetics and immunogenicity, which assess drug behaviour in the body and immune responses. EB06 targets CXCL10, a signalling protein implicated in vitiligo. Edesa says blocking it is intended to interrupt immune-cell recruitment and the loss of melanocytes, the cells responsible for skin pigmentation. "EB06 is currently formulated for intravenous administration, with a subcutaneous formulation anticipated to be ready for follow-on clinical evaluation," Edesa said in its Oct. 15 release. Edesa said EB06 was generally safe and well tolerated in three earlier clinical studies involving 65 subjects. The Oct. 15 announcement reports permission to expand recruitment, without reporting efficacy results from the ongoing vitiligo study. Competing programs have reached later stages. Incyte Corporation NASDAQINCY reported on April 28 that its Opzelura cream generated US$143 million in first-quarter net sales across atopic dermatitis and vitiligo. That combined figure does not isolate vitiligo revenue; the same update reported positive Phase 3 results for oral povorcitinib in nonsegmental vitiligo. AbbVie Inc. NYSEABBV said on Oct. 1 that Rinvoq was approved in the European Union for eligible adults and adolescents with nonsegmental vitiligo and remained under FDA review for that use. Its update described continued repigmentation through week 76 in open-label extensions of its Phase 3 studies. Those dated disclosures put Edesa's placebo-controlled study alongside a marketed cream and later-stage systemic programs. They do not provide a direct comparison with EB06, whose trial uses its own population, treatment schedule and endpoint. Edesa reported US$10.3 million in cash and equivalents at June 30, before its subsequent financing announcement. Research and development expenses for the quarter ended June 30 rose to US$4 million from US$0.9 million, primarily reflecting EB06 manufacturing and trial preparations plus unallocated research costs, partly offset by lower respiratory-program spending. In its Aug. 19 pricing announcement, Edesa said a public offering was expected to generate US$25 million gross, with net proceeds intended for general corporate purposes. That notice described an expected closing; the Oct. 15 trial update supplied neither an updated cash balance nor a cash runway estimate. The next operational milestone is the planned start of U.S. enrolment in the first quarter of 2027. The fourth-quarter 2027 topline results are expected to show how EB06 performs against placebo on the trial's primary facial-score endpoint.
Pfizer pill's Phase 3 data in vitiligo pave way for FDA, EMA submissions. Pfizer's Litfulo significantly improved skin pigment measures in two pivotal studies in vitiligo, results that were presented during the European Academy of Dermatology and Venereology annual meeting. If Pfizer's daily pill is approved, it would compete against an Incyte topical cream that is currently the only FDA-approved therapy for this autoimmune skin disorder. By Frank Vinluan on October 02, 2026 1:47 pm Treatment with Pfizer's Litfulo led to significant improvement in nonsegmental vitiligo, pivotal clinical trial results that could support a label expansion that brings the oral drug to this prevalent immunological skin disorder. Detailed Phase 3 data were presented Friday during the European Academy of Dermatology and Venereology annual meeting in Vienna, Austria. Based on these results, Pfizer said it plans regulatory submissions in vitiligo, a chronic condition that currently has limited treatment options. In vitiligo, the immune system attacks cells that produce melanin, the pigment that gives skin its color. The disease leads to loss of pigment and patches of skin discoloration. Segmental vitiligo affects only one side of the body. The more common non-segmental vitiligo, also called generalized vitiligo, develops on both sides of the body. While the skin changes can appear anywhere, they are most visible on the face, neck, and hands. Vitiligo affects an estimated 1% to 1.5% of the global population, which is about 70 million people, according to the Global Vitiligo Foundation. Healthcare decision-makers, especially at pharmaceutical companies, must prioritize patient input. Data collected from social media listening is a significant step in the right direction. Pfizer's ritlecitinib, brand name Litfulo, is an oral small molecule designed to block the JAK3 and TEC proteins that are part of the immune response driving autoimmune disease. The FDA first approved this once-daily pill in 2023 as a treatment for alopecia areata. In vitiligo, Pfizer advanced Litfulo in two global Phase 3 studies assessing a high dose and a low dose of the drug. A total of 2,174 patients were enrolled. For both studies in the U.S., the two main goals were measuring the proportion of patients who achieved 75% or greater improvement according to a scale used to assess facial re-pigmentation in vitiligo patients and measuring the proportion of patients who achieved 50% improvement across the entire body. Both measures were taken at week 52. Outside the U.S., the 75% facial measure was the primary endpoint and the 50% body measure was a key secondary endpoint. The results presented Friday show that 21.8% of patients who received the high dose achieved the facial measure while 12.4% of participants in the low dose group met that mark. By comparison, about 2.4% of those given a placebo achieved this goal. On the measure of pigment improvement across the entire body, 13% in the high dose cohort achieved this trial goal versus about 2.4% of those in the placebo group. For the low dose, 8.9% of Litfulo-treated participants achieved this trial goal compared to 1.9% of placebo recipients. For both trials, Pfizer said improvement started showing at week 24 and continued through week 52. "Research has shown that Litfulo not only significantly improved facial and total body repigmentation, but also resulted in greater disease stabilization compared to the placebo," Dr. Iltefat Hamzavi, senior staff physician, department of dermatology, Henry Ford Health and Hamzavi Dermatology Specialists, said in prepared statement included in Pfizer's announcement. "The results solidify the potential of Litfulo to support a new treatment paradigm rooted in systemic treatment that can address underlying disease drivers for people living with nonsegmental vitiligo." presented by What if health plans could identify member decline before an avoidable hospitalization occurs? Real-time clinical visibility into long-stay SNF members uncovers risk earlier and drives better outcomes. The most common treatment-emergent adverse events reported in the study included respiratory tract infections; higher blood levels of creatine phosphokinase (an enzyme that can indicate injury to the muscle tissue, the heart, or the brain); nasopharyngitis; and headache. The rates of these events were low for both studies. Pfizer said no new safety signals were observed and Litfulo's safety remains consistent with the drug's profile in alopecia areata. Litfulo's label does carry a black box warning for higher risks of cancer and cardiovascular problems. It's a class-wide warning the FDA requires of all JAK inhibitors, including Opzelura, the Incyte drug that is currently the only FDA-approved vitiligo drug. Opzelura is a topical cream formulation of ruxolitinib, a small molecule inhibitor of JAK1 and JAK2 enzymes. This drug is also approved for treating atopic dermatitis. Incyte reported $678.5 million in Opzelura revenue for 2025, a 33.4% increase compared to the prior year. Pfizer said it plans to submit the Phase 3 results for review by the FDA and the European Medicines Agency. If the pharma company succeeds in adding vitiligo to Litfulo's label, it would enter an increasingly competitive market. In July, the AbbVie JAK inhibitor Rinvoq added non-segmental vitiligo to its label in Europe; the once-daily pill is currently under FDA review in this indication. More competition could be coming. Teva Pharmaceutical is developing an antibody designed to inhibit the signaling protein IL-15 to treat autoimmune disease. Following encouraging Phase 1b results reported in July, Teva said it plans to advance this drug to Phase 2b testing in vitiligo. Meanwhile, Argenx aims to address the skin disorder with a drug from its recent Forte Biosciences acquisition. Forte's antibody blocks IL-2 and IL-15 signaling that activates immune cells. Forte was developing this drug for both vitiligo and celiac disease.
Celcuity appoints David gryska to its Board of Directors. Mr. Gryska brings decades of strategic and financial leadership experience to Celcuity's Board. October 02, 2026 08:00 ET | Source: Celcuity Inc. MINNEAPOLIS, Oct. 02, 2026 (GLOBE NEWSWIRE) - Celcuity Inc. (Nasdaq: CELC), a biotechnology company focused on developing and commercializing targeted therapies for the treatment of multiple solid tumor indications, today announced the appointment of David W. Gryska to its Board of Directors. Mr. Gryska is a seasoned executive who brings over 35 years of strategic and financial leadership experience in the life sciences industry to Celcuity, including advising early-stage biotechnology companies. "On the heels of our first FDA approval for REVTORPYK(TM), we are pleased to welcome David to our Board of Directors as we transition into a commercial-stage company," said Brian Sullivan, Chief Executive Officer and co-founder of Celcuity. "David's extensive experience as a Chief Financial Officer and board member of a number of pharmaceutical companies, through periods of significant clinical development and commercial growth makes him an outstanding addition to our Board. We are confident he will provide valuable expertise as we execute the launch of REVTORPYK, advance our clinical development programs, and continue building the capabilities needed to support long-term growth." Prior to his retirement, Mr. Gryska served as Executive Vice President and Chief Financial Officer of Incyte Corporation; and Senior Vice President and Chief Financial Officer of Celgene Corporation. Mr. Gryska also served as Senior Vice President and Chief Financial Officer as well as Vice President of Finance and Chief Financial Officer at Scios, Inc. Earlier in his career, Mr. Gryska served as a partner at Ernst & Young LLP in California. Throughout the past 25 years, Mr. Gryska has served on the Boards of eight public biotechnology companies and currently serves on the Board of Directors of Definium Therapeutics. He previously served on the Boards of Directors of Seagen Inc. for more than 15 years, Forte Biosciences, Aerie Pharmaceuticals, and GW Pharmaceuticals. Mr. Gryska holds a B.A. in Accounting and Finance from Loyola University and an MBA from Golden Gate University. "Celcuity is entering an exciting new chapter, with the company poised for significant growth over the next few years following the FDA approval and commercial launch of REVTORPYK in advanced breast cancer," said Mr. Gryska. "I look forward to supporting Brian and Celcuity's experienced leadership team as we build on this momentum, advance gedatolisib in additional solid tumor indications, and work to bring meaningful benefits to more patients." About Celcuity Celcuity is a biotechnology company focused on developing and commercializing targeted therapies for the treatment of multiple solid tumor indications. The company's first FDA-approved product is REVTORPYK (gedatolisib), a potent, pan-PI3K and mTORC1/2 inhibitor that comprehensively blockades the PAM pathway. Its mechanism of action and pharmacokinetic properties are differentiated from other currently approved and investigational therapies that target PI3Kα, AKT or mTORC1 alone or together. A Phase 3 clinical trial, VIKTORIA-1, evaluated gedatolisib in combination with fulvestrant, with or without palbociclib, for the treatment of patients with HR+/HER2- ABC. Data from this trial is the basis for FDA approval of REVTORPYK for use in adult patients with HR+/HER2- ABC without a PIK3CA mutation detected following progression on or after treatment with at least one line of endocrine therapy in the metastatic setting. Results for the PIK3CA mutant cohort of the VIKTORIA-1 study have been released. Our Phase 3 clinical trial, VIKTORIA-2, is an ongoing trial incorporating two independent studies, Study 1 and Study 2, in two separate cohorts of patients with ABC who are treatment-naive in the advanced setting. Study 1 is evaluating gedatolisib in combination with palbociclib and fulvestrant as first-line treatment for patients with endocrine-resistant HR+/HER2- ABC. Study 2 is evaluating gedatolisib in combination with palbociclib and letrozole as first-line treatment for patients with endocrine-sensitive HR+/HER2- ABC. A Phase 1b/2 clinical trial, CELC-G-201, evaluating gedatolisib in combination with darolutamide in patients with metastatic castration-resistant prostate cancer, is ongoing. More detailed information about Celcuity's active clinical trials can be found at ClinicalTrials.gov. Celcuity is headquartered in Minneapolis. Further information about Celcuity can be found at www.celcuity.com. Follow us on LinkedIn and X. Forward-Looking Statements This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 including statements relating to REVTORPYK and the potential therapeutic benefits of gedatolisib; the size, design and timing of the Company's clinical trials; the Company's interpretation of clinical trial data; the status and timing of the submission, and the FDA's review, of the Company's supplemental New Drug Application ("sNDA") for REVTORPYK, and for making comparable filings with other regulatory authorities outside the U.S.; the market opportunity for REVTORPYK; the Company's expectations regarding the timing of and its ability to commercialize REVTORPYK; the Company's strategy, marketing and commercialization plans, including the benefits of strategic decisions regarding studies and trials; other expectations with respect to gedatolisib, including subcutaneous formulations to support potential future indications for gedatolisib regimens; the Company's anticipated use of cash; and the strength of its balance sheet. Words such as, but not limited to, "look forward to," "believe," "expect," "anticipate," "estimate," "intend," "confidence," "encouraged," "potential," "plan," "targets," "likely," "may," "will," "would," "should" and "could," and similar expressions or words identify forward-looking statements. The forward-looking statements included in this press release are based on management's current expectations and beliefs which are subject to a number of risks, uncertainties and factors, including that the Company's topline clinical results are based on an ongoing analysis of efficacy and safety data and such data may change following a more comprehensive review of the data related to the clinical trial; unforeseen delays in the Company's clinical trials or the submission, and FDA's review of, its sNDA for REVTORPYK; the Company's ability to obtain regulatory approval of its sNDA and maintain regulatory approvals to commercialize REVTORPYK in the U.S. and obtain regulatory approval of gedatolisib outside the U.S., and the market acceptance of REVTORPYK; the development of therapies and tools competitive with gedatolisib; and the Company's ability to access capital upon favorable terms. In addition, all forward-looking statements are subject to other risks detailed in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as such risks may be updated in its subsequent filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by these cautionary statements, and the Company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. Celcuity Inc. Brian Sullivan, [email protected] Vicky Hahne, [email protected] (763) 392-0123 Jodi Sievers, [email protected] (415) 494-9924
Mission Bio showcases Tapestri across drug discovery and clinical development at World CDx Summit. South San Francisco, CA (BUSINESS WIRE) - Mission Bio, the single-cell multiomics leader, today announced that Merck & Co. and Incyte will each present new data generated using Mission Bio's Assay Services and Tapestri(R) Platform at the 16th World Clinical Biomarkers & Companion Diagnostics Summit (World CDx), alongside a third presentation from Mission Bio featuring new clinical data in acute myeloid leukemia. Together, the presentations demonstrate the use of single-cell multiomics from early-stage target validation through clinical mechanism-of-action studies and measurable residual disease assessment. Sydney Hart, PhD, Principal Scientist Functional Genomics at Merck & Co. (Merck), will present new functional genomics findings supporting its drug development programs, partnering with Mission Bio's Assay Services team using the Tapestri(R) Platform. Incyte's Erin Crowgey, PhD, Director of Translational Medicine, will present new single-cell data on INCA033989, an antibody targeting mutant calreticulin (CALR)-positive cells in myeloproliferative neoplasms disease subtypes. Mission Bio's Chief Medical Officer, Dr. Zivjena Vucetic, will present new clinical data demonstrating how single-cell measurable residual disease (MRD) profiling improves standard-of-care compared to current methods for acute myeloid leukemia (AML) patients. The presentations from Merck and Incyte reflect the growing use of Tapestri and Mission Bio's Assay Services by pharmaceutical companies to answer pipeline-specific questions across drug discovery and clinical development. MERCK: A SINGLE-CELL PLATFORM FOR LINKING CRISPR-EDITED VARIANTS TO TRANSCRIPTIONAL OUTCOMES * Date: October 8, 2026 * Time: 12:20 PM ET * Track: Biomarker Discovery & Translation * Speaker: Sydney Hart, Scientist, Merck & Co. Merck scientist Sydney Hart, PhD, partnered with Mission Bio's Assay Services team to build a targeted DNA and RNA single-cell assay on the Tapestri(R) Platform to study how CRISPR-edited genetic variants affect immune cell function in autoimmune and inflammatory disease. Evaluating several single-cell platforms, Merck ultimately selected Mission Bio's Tapestri Platform for its ability to capture targeted genomic and transcriptional information from the same cell while preserving cell yield, confirming expected disease effects and establishing a mechanistic link for target validation to improve drug development decision-making. INCYTE: CHARACTERIZING MECHANISM OF ACTION FOR MYELOPROLIFERATIVE NEOPLASMS TARGETED THERAPY (INCA033989) USING SINGLE-CELL MULTIOMICS IN THE CLINIC * Date: October 8, 2026 * Time: 11:30 AM ET * Track: Clinical & CDx Development * Speaker: Erin Crowgey, Director of Translational Medicine, Incyte Incyte's Erin Crowgey, PhD, will present new single-cell clinical data on their monoclonal antibody, INCA033989, that targets mutant calreticulin (CALR)-positive cells in essential thrombocythemia and myelofibrosis, which are disease subtypes of myeloproliferative neoplasms. These data were generated using a custom Tapestri assay designed by Mission Bio's Assay Services to measure 46 proteins and 37 genes in the same cell. The single-cell analysis demonstrated depletion of mutant CALR-positive cells and repopulation by wild-type cells with relevant clinical improvements. This illustrates how single-cell multiomics can help characterize the mechanism of action for targeted therapies and track target cell populations and their responses to therapy in the clinic. MISSION BIO: SINGLE-CELL MRD ASSESSMENT IN AML: ADVANCING BEYOND STANDARD CARE * Date: October 7, 2026 * Time: 2:10 PM ET * Track: Clinical & CDx Development * Speaker: Zivjena Vucetic, Chief Medical Officer, Mission Bio Addressing limitations of standard-of-care AML MRD assays like bulk NGS and flow cytometry due to complex clonal evolution and overlapping immunophenotypes, Dr. Vucetic will present clinical study data showing that single-cell multiomics achieved 93% sensitivity compared to 43% for flow cytometry and 71% for other molecular methods. Additional evidence presented will also support that single-cell MRD profiling provides more accurate stratification of relapse-free survival in AML patient samples. Single-cell multiomic approaches are redefining how functional genomic and clinical readouts are applied across drug development. In discovery, these approaches link genetic edits to their functional consequences to support target validation. In the clinic, they characterize how a targeted therapy acts on disease-driving cells and track molecular response over time. For MRD monitoring, single-cell data offer evidence to better anticipate relapse. Together, the three presentations illustrate how single-cell multiomics can connect genetic variation to cellular function, characterize treatment response in individual cell populations, and identify residual disease with greater resolution across drug development pipelines. All talks are open to registered World CDx attendees. Full agenda and registration details are available at https://world-cdx.com/. About Mission Bio Mission Bio is the single-cell multiomics leader. The company's Tapestri Platform is unique in its capabilities, offering an unparalleled level of granularity and precision that is critical for complex research areas such as cancer studies, pharmaceutical development, and advanced cell and gene therapies. Unlike traditional standard of care methods, Tapestri provides a level of precision that opens the door for more tailored and effective treatment strategies, notably by advancing the clinical utility of measurable residual disease (MRD) monitoring in diseases like acute myeloid leukemia (AML). Researchers globally depend on Tapestri to identify rare cell populations, understand mechanisms of therapeutic resistance and response, and establish key quality metrics for next-generation medical treatments. With the Tapestri Platform, Mission Bio continues to set the standard in the field, contributing significantly to the progress of personalized medicine and targeted therapies. To learn more about Mission Bio and the Tapestri Platform, please visit missionbio.com. (C) 2026 Business Wire, Inc. Like what you are reading?
The US Food and Drug Administration has approved Atebrioz (zilurgisertib) for adult and paediatric patients aged 12 and older with fibrodysplasia ossificans progressiva, a rare genetic disease affecting approximately 300 people in the United States. Mirum Pharmaceuticals and Incyte announced the approval, which makes Atebrioz the latest treatment option for the progressive condition that causes bone to form in muscles, tendons, and other soft tissues. The once-daily oral tablet works by inhibiting ALK2, targeting the disease-driving pathway. Clinical trial data showed that at 24 weeks, mean total new heterotopic ossification volume decreased by 3.2 cm³ in patients receiving the drug compared with an increase of 24.6 cm³ in placebo-treated patients. Atebrioz is expected to be commercially available in October through Mirum Access Plus, with eligible patients paying as little as $0 per month.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Wilmington, Delaware
Founded
1991
Find jobs on Simplify and start your career today