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Dose A KER-012

Phase 2

Pulmonary Arterial Hypertension | Monoclonal antibody | Cardiovascular |Keros Therapeutics, Inc.|Last Updated: Sep 30, 2025

Success Probability
Approval Probability 71%
TA Base Rate26%
Adjusted LOA41%
ML RiskLOW_RISK
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Market & Valuation
rNPV $3.2B
Market Size $9.4B
Revenue Basis $1.6B
Competitors 6
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Trial Design
RandomizedDouble-BlindPLACEBO_CONTROLLEDDMCBiomarker
Total Trials1
Total Enrollment113
FDA Designations
No designations recorded
Clinical Trials (1)
NCT IDTitlePhaseStatusEnrollmentVelocityDesignStartCompletionLast UpdatedSitesCountries
NCT05975905A Study to Investigate the Safety and Efficacy of KER-012 in Combination With Background Therapy in Adult Participants With Pulmonary Arterial Hypertension (PAH) (TROPOS Study).PHASE2 COMPLETED 113Oct 17, 2023Mar 11, 2025Sep 30, 202555 United States, Australia +9
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Study Endpoints
Primary Endpoints
Change from Baseline in PVR (Pulmonary Vascular Resistance)
Baseline and Week 24

Evaluate the effect of KER-012 on pulmonary hemodynamics compared to Placebo in participants on background pulmonary arterial hypertension (PAH) therapy

Secondary Endpoints
Change from Baseline in the 6MWD
Through week 24 (primary treatment period) and Through week 96 (extension period)
Incidence of treatment-emergent adverse events (TEAEs)
Through week 24 (primary treatment period) and Through week 96 (extension period)
Number of treatment-related TEAEs
Through week 24 (primary treatment period) and Through week 96 (extension period)
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Study Design & Arms
AllocationRANDOMIZED
MaskingQUADRUPLE
ModelPARALLEL
PurposeTREATMENT
Treatment Arms
ArmTypeDescription
Arm 1EXPERIMENTALKER-012 (Dose A) subcutaneously (SC) (every 4 weeks \[Q4W\]) Treatment Period: Dose A for 24 weeks; Extension Period: Dose A for another 72 weeks
Arm 2EXPERIMENTALKER-012 (Dose B) SC (Q4W) Treatment Period: Dose B for 24 weeks; Extension Period: Dose B for another 72 weeks
Arm 3EXPERIMENTALKER-012 (Dose C) SC (Q4W) Treatment Period: Dose C for 24 weeks; Extension Period: Dose C for another 72 weeks
Arm 4PLACEBO_COMPARATORTreatment Period: Placebo for 24 weeks; Extension Period: Dose B for another 72 weeks
Interventions
NameTypeDescription
Dose A KER-012BIOLOGICALDose A KER-012 (Q4W);
Dose B KER-012BIOLOGICALDose B KER-012 (Q4W);
Dose C KER-012BIOLOGICALDose C KER-012 (Q4W);
Placebo for 24 Weeks followed by Dose B KER-012 for 72 weeksBIOLOGICALTreatment Period (24 weeks): Placebo SC (Q4W) Extension Period (72 weeks after Placebo treatment): KER-012 (Dose B) SC (Q4W)
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Eligibility Criteria
Age Range18 Years — N/A
SexALL
Healthy VolunteersNo
Study Sites55

Inclusion Criteria: * Adult participants ≥ 18 years of age * Symptomatic World Health Organization (WHO) Group 1 Pulmonary Hypertension (PH)(PAH) classified by one of the following subgroups: * Idiopathic pulmonary arterial hypertension (IPAH); * Heritable pulmonary arterial hypertension (HPAH...

Countries:United StatesAustraliaBrazilFranceGermanyPolandPortugalSouth KoreaSpainTaiwanUnited Kingdom
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