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Corvus Pharmaceuticals Confirms Plans to Announce Results from Cohort 4 of Placebo-Controlled Phase 1 Clinical Trial of Soquelitinib for Atopic Dermatitis in January 2026 Following Annual Healthcare Conference

Key Takeaway: Corvus Pharmaceuticals has confirmed it will announce results from cohort 4 of its Phase 1 clinical trial for soquelitinib in January 2026. The trial focuses on patients with moderate to severe atopic dermatitis. In light of the upcoming data, the company has canceled its participation in the J.P. Morgan 2026 Healthcare Conference.
Price reaction · baseline $7.32 (2026-01-02 close) · hit pre-market · clean, no other CRVS news in the window
day 0 close
-7.2%
day 1 · peak
-8.7%
day 3
-5.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Corvus Pharmaceuticals is advancing its clinical trial for soquelitinib.
  • Results from cohort 4 are expected soon, indicating progress in research.
  • The company is focusing on a significant healthcare issue: atopic dermatitis.

CONCERNS & RISKS

  • The company has canceled its participation in upcoming conferences.
  • There are inherent risks in clinical trials that could affect results.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+522%
120-day peak, hindsight
Typical move
60.3%
average across 3 past catalysts
Cash runway
~41 mo
Minimal dilution risk
Lead asset
CPI-006
Phase 1 · COVID-19

Full Press Release Details

SOUTH SAN FRANCISCO, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS), a clinical-stage biopharmaceutical company, confirms the planned announcement of the results from cohort 4 of the randomized, blinded, placebo-controlled Phase 1 clinical trial evaluating soquelitinib in patients with moderate to severe atopic dermatitis in the second half of January 2026. Given the proximity to our upcoming data, we are cancelling all previously planned conference attendances, including our presentation at the J.P. Morgan 2026 Healthcare Conference on Monday, January 12th.
About Corvus PharmaceuticalsCorvus Pharmaceuticals is a clinical-stage biopharmaceutical company pioneering the development of ITK inhibition as a new approach to immunotherapy for a broad range of immune diseases and cancer. The Company’s lead product candidate is soquelitinib, an investigational, oral, small molecule drug that selectively inhibits ITK. Soquelitinib is now in a registration Phase 3 clinical trial for relapsed/refractory PTCL and in a Phase 1 clinical trial for the treatment of atopic dermatitis. For more information, visitwww.corvuspharma.comor follow the Company onLinkedIn.
Forward-Looking StatementsThis press release contains forward-looking statements related to the timing of the announcement of the results from cohort 4 of the Company’s Phase 1 clinical trial evaluating soquelitinib in patients with moderate to severe atopic dermatitis. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, as well as other documents that may be filed by the Company from time to time with the Securities and Exchange Commission. In particular, the following factors, among others, could cause results to differ materially from those expressed or implied by such forward-looking statements: the Company’s ability to demonstrate sufficient evidence of efficacy and safety in its clinical trials of its product candidates; the accuracy of the Company’s estimates relating to its ability to initiate and/or complete preclinical studies and clinical trials and release data from such studies and clinical trials; the results of preclinical studies and interim data from clinical trials not being predictive of future results; the Company’s ability to enroll sufficient numbers of patients in its clinical trials; the unpredictability of the regulatory process; regulatory developments in the United States and foreign countries; the costs of clinical trials may exceed expectations; and the Company’s ability to raise additional capital. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur, and the timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Frequently Asked Questions

What is soquelitinib used for?

Soquelitinib is being evaluated for treating moderate to severe atopic dermatitis.

When will the results from cohort 4 be announced?

Results from cohort 4 are expected to be announced in January 2026.

Why did Corvus cancel its conference attendance?

Corvus canceled its conference attendance to focus on the upcoming trial results.

What phase is the clinical trial for soquelitinib?

The clinical trial for soquelitinib is currently in Phase 1.

Last updated: Jan 5, 2026