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Jasper Therapeutics Announces Late-Breaking Briquilimab Presentation at the American Academy of Dermatology (AAD) Annual Meeting

Key Takeaway: Jasper Therapeutics, a clinical-stage biotechnology company, has announced a late-breaking oral presentation for briquilimab at the upcoming 2025 AAD Annual Meeting. The presentation will share data from the Phase 1b/2a BEACON study focusing on chronic spontaneous urticaria (CSU). Briquilimab, an antibody therapy targeting c-Kit, demonstrates rapid and meaningful reductions in disease activity, highlighting its potential for treating mast cell-driven diseases. However, the company acknowledges various risks associated with the therapy's future development and market acceptance.

Market Sentiment Analysis

POSITIVE FACTORS

  • Jasper Therapeutics announces a late-breaking presentation at a major dermatology conference.
  • Briquilimab shows promising results in reducing disease activity in clinical trials.
  • The oral presentation will provide updated data from the BEACON study, indicating progress in development.

CONCERNS & RISKS

  • Forward-looking statements caution about risks in clinical development and regulatory approvals.
  • There is uncertainty regarding the replication of prior test results in future studies.
  • Market acceptance and physicians' willingness to prescribe the therapy are not guaranteed.

Full Press Release Details

REDWOOD CITY, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Jasper Therapeutics, Inc. (Nasdaq: JSPR) (Jasper), a clinical stage biotechnology company focused on development of briquilimab, a novel antibody therapy targeting c-Kit to address mast cell driven diseases such as chronic spontaneous urticaria (CSU), chronic inducible urticaria (CIndU) and asthma, today announced a late-breaking oral presentation of briquilimab data from the Phase 1b/2a BEACON in CSU study at the 2025 AAD Annual Meeting, being held March 7 - 11, 2025, in Orlando, FL. The presentation will consist of data from patients included in the Company’s January 8th, 2025, disclosure of preliminary data from the BEACON study.
Details of the presentation are as follows:
Abstract Title: Briquilimab demonstrates rapid, clinically meaningful reduction in disease activity in adults with chronic spontaneous urticaria (CSU): Results from a Phase 1b/2a study ​
Abstract Number: S040
Session Title: Late Breaking Research: Session 2
Session Type: Oral Abstract Session
Presentation Date / Time: Saturday, March 8, 2025; 1 p.m. PST
Jasper is a clinical-stage biotechnology company focused on developing briquilimab as a therapeutic for chronic mast cell diseases. Briquilimab is a targeted aglycosylated monoclonal antibody that blocks stem cell factor from binding to the cell-surface receptor c-Kit, thereby inhibiting signaling through the receptor. This inhibition disrupts the critical survival signal, leading to the depletion of the mast cells via apoptosis which removes the underlying source of the inflammatory response in mast cell driven diseases such as chronic urticaria and asthma. Jasper is currently conducting clinical studies of briquilimab as a treatment in patients with CSU, CIndU or asthma. Briquilimab has a demonstrated efficacy and safety profile in patients and healthy volunteers, with positive clinical outcomes in CSU and CIndU. For more information, please visit us at www.jaspertx.com.
Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding briquilimab’s potential, including with respect to its potential in mast cell driven diseases such as CSU, CIndU, and asthma; and Jasper’s late-breaking oral presentation of briquilimab data at the 2025 AAD Annual Meeting. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Jasper and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Many actual events and circumstances are beyond the control of Jasper. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, political and business conditions; the risk that the potential product candidates that Jasper develops may not progress through clinical development or receive required regulatory approvals within expected timelines or at all; the risk that clinical trials may not confirm any safety, potency or other product characteristics described or assumed in this press release; the risk that prior test, study and trial results may not be replicated in continuing or future studies and trials; the risk that Jasper will be unable to successfully market or gain market acceptance of its product candidates; the risk that prior study results may not be replicated; the risk that Jasper’s product candidates may not be beneficial to patients or successfully commercialized; patients’ willingness to try new therapies and the willingness of physicians to prescribe these therapies; the effects of competition on Jasper’s business; the risk that third parties on which Jasper depends for laboratory, clinical development, manufacturing and other critical services will fail to perform satisfactorily; the risk that Jasper’s business, operations, clinical development plans and timelines, and supply chain could be adversely affected by the effects of health epidemics; the risk that Jasper will be unable to obtain and maintain sufficient intellectual property protection for its investigational products or will infringe the intellectual property protection of others; and other risks and uncertainties indicated from time to time in Jasper’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent Quarterly Reports on Form 10-Q. If any of these risks materialize or Jasper’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. While Jasper may elect to update these forward-looking statements at some point in the future, Jasper specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Jasper’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Alex Gray (investors)
Joyce Allaire (investors)
Lauren Walker (media)

Frequently Asked Questions

What is briquilimab developed for?

Briquilimab targets mast cell-driven diseases like chronic urticaria and asthma.

When will the briquilimab presentation occur?

The presentation is scheduled for March 8, 2025, at 1 p.m. PST.

What is the focus of Jasper Therapeutics?

Jasper Therapeutics is focused on developing briquilimab for chronic mast cell diseases.

What is the significance of the BEACON study?

The BEACON study evaluates briquilimab's efficacy in patients with chronic spontaneous urticaria.

How does briquilimab work?

It blocks stem cell factor from binding to c-Kit, inhibiting mast cell survival.

Last updated: Feb 28, 2025