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Intellia Therapeutics to Present Updated Interim Data from Ongoing Phase 1/2 Study of NTLA-2002 for the Treatment of Hereditary Angioedema (HAE) at the EAACI Hybrid Congress 2023

Key Takeaway: Intellia Therapeutics has announced the acceptance of a late-breaking abstract for presentation at the EAACI Hybrid Congress 2023, focusing on its NTLA-2002 clinical study for hereditary angioedema. The updated data will cover safety, kallikrein reduction, and HAE attack rates across all dose cohorts from the Phase 1 trial. A live investor webcast is scheduled for June 12, where additional insights on the data and overall treatment landscape for HAE will be discussed. The study aims to assess the long-term effects of NTLA-2002, a CRISPR-based therapy targeting the KLKB1 gene.
Price reaction · baseline $37.55 (2023-05-30 close) · hit after-hours · 1 other NTLA headline(s) in the window, move may be shared
day 0 close · peak
-0.8%

Market Sentiment Analysis

POSITIVE FACTORS

  • Intellia will present updated efficacy and safety data from the Phase 1/2 study of NTLA-2002.
  • The interim results reported promising deep and dose-dependent reductions in plasma kallikrein.
  • NTLA-2002 represents a novel CRISPR-based approach potentially providing a single-dose cure for HAE.

CONCERNS & RISKS

  • The clinical program is still in early-phase trials with uncertainties regarding long-term efficacy.
  • The study's outcomes depend on ongoing patient enrollment and future data which remain unknown.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+76%
120-day peak, hindsight
Typical move
9.6%
average across 8 past catalysts
Cash runway
~22 mo
Low dilution risk
Lead asset
NTLA-2002
Phase 3 · Hereditary Angioedema

Full Press Release Details

Late-breaking presentation will include new safety, kallikrein reduction and attack rate data across all dose cohorts in the Phase 1 portion of the study
Intellia to host investor webcast on Monday, June 12, at 8 a.m. ET
CAMBRIDGE, Mass., May 31, 2023 (GLOBE NEWSWIRE) -- Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage genome editing company focused on developing potentially curative therapies leveraging CRISPR-based technologies, today announced the acceptance of a late-breaking abstract from the Phase 1 portion of the ongoing NTLA-2002 Phase 1/2 study for a presentation at the European Academy of Allergy and Clinical Immunology (EAACI) Hybrid Congress 2023, taking place June 9-11 in Hamburg, Germany, and virtually. NTLA-2002 is an in vivo genome editing candidate designed to inactivate the target gene kallikrein B1 (KLKB1) to permanently reduce plasma kallikrein protein levels and activity and thus prevent hereditary angioedema (HAE) attacks after a single-dose treatment. The presentation will include updated safety and efficacy results from the Phase 1 portion of the study across all three dose cohorts (25 mg, 50 mg and 75 mg).
Presentation Details
Title: Updated safety and efficacy of NTLA-2002, a CRISPR/Cas9-based gene editing therapy targeting KLKB1, in a Phase 1 study of patients with hereditary angioedema
Session: Flash talks on immune-mediated diseases
Date and Time: Sunday, June 11, 2023, from 2:30 – 3:30 p.m. CET
Presenter: Remy Petersen, M.D., and Ph.D. candidate, Amsterdam University Medical Center
Intellia Therapeutics Investor Webcast Information
Intellia will host a live webcast on Monday, June 12, 2023, at 8:00 a.m. ET to review the new data. Joining the Intellia management team will be Timothy J. Craig, D.O., tenured professor of Medicine, Pediatrics and Biomedical Sciences at Penn State University, to provide an overview of the current treatment landscape and unmet medical need for people living with HAE.
To join the webcast, please visit this link, or the Events and Presentations page of the Investors & Media section of the company’s website at www.intelliatx.com. A replay of the webcast will be available on Intellia’s website for at least 30 days following the call.
About the NTLA-2002 Clinical Program
Intellia’s multi-national Phase 1/2 study is evaluating the safety, tolerability, pharmacokinetics and pharmacodynamics of NTLA-2002 in adults with Type I or Type II hereditary angioedema (HAE). This includes the measurement of plasma kallikrein protein levels and activity, as well as HAE attack rate. The Phase 1 portion of the study is an open-label, single-ascending dose design used to identify two dose levels of NTLA-2002 for further evaluation in the Phase 2, randomized, placebo-controlled portion of the study. The Phase 1/2 study will identify the dose of NTLA-2002 for use in future studies. In 2022, Intellia reported positive interim results from the Phase 1 study demonstrating deep, dose-dependent reductions in plasma kallikrein and robust reductions in patient HAE attacks. Patient screening and dosing in the Phase 2 portion of the study is ongoing. Visit clinicaltrials.gov (NCT05120830) for more details.
Based on Nobel-prize winning CRISPR/Cas9 technology, NTLA-2002 is the first single-dose investigational treatment being explored in clinical trials for the potential to continuously reduce kallikrein activity and prevent attacks in people living with hereditary angioedema (HAE). NTLA-2002 is a wholly owned investigational CRISPR therapeutic candidate designed to inactivate the kallikrein B1 (KLKB1) gene, which encodes for prekallikrein, the kallikrein precursor protein. NTLA-2002 is Intellia’s second investigational CRISPR therapeutic candidate to be administered systemically, by intravenous infusion, to edit disease-causing genes inside the human body with a single dose of treatment. Intellia’s proprietary non-viral platform deploys lipid nanoparticles to deliver to the liver a two-part genome editing system: guide RNA specific to the disease-causing gene and messenger RNA that encodes the Cas9 enzyme, which together carry out the precision editing.
About Hereditary Angioedema
Hereditary angioedema (HAE) is a rare, genetic disorder characterized by severe, recurring and unpredictable inflammatory attacks in various organs and tissues of the body, which can be painful, debilitating and life-threatening. It is estimated that one in 50,000 people are affected by HAE, and current treatment options often include life-long therapies, which may require chronic intravenous (IV) or subcutaneous (SC) administration as often as twice per week, or daily oral administration to ensure constant pathway suppression for disease control. Despite chronic administration, breakthrough attacks still occur. Kallikrein inhibition is a clinically validated strategy for the preventive treatment of HAE attacks.
About Intellia Therapeutics
Forward-Looking Statements
This press release contains “forward-looking statements” of Intellia Therapeutics, Inc. (“Intellia” or the “Company”) within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, express or implied statements regarding Intellia’s beliefs and expectations regarding: the safety, efficacy, success and advancement of its clinical program for NTLA-2002 for the treatment of hereditary angioedema pursuant to its clinical trial applications and investigational new drug application and the expected timing of data releases such as the presentation of additional data from the Phase 1 portion of the study at the EAACI Hybrid Congress on June 12, 2023.
Any forward-looking statements in this press release are based on management’s current expectations and beliefs of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: risks related to Intellia’s ability to protect and maintain its intellectual property position; risks related to Intellia’s relationship with third parties, including its licensors and licensees; risks related to the ability of its licensors to protect and maintain their intellectual property position; and uncertainties related to the authorization, initiation, enrollment and conduct of studies and other development requirements for its product candidates, including NTLA-2002.. For a discussion of these and other risks and uncertainties, and other important factors, any of which could cause Intellia’s actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in Intellia’s most recent annual report on Form 10-K as well as discussions of potential risks, uncertainties, and other important factors in Intellia’s other filings with the Securities and Exchange Commission. All information in this press release is as of the date of the release, and Intellia undertakes no duty to update this information unless required by law.

Frequently Asked Questions

What is NTLA-2002 designed to treat?

NTLA-2002 aims to prevent hereditary angioedema (HAE) attacks by inactivating the KLKB1 gene.

When is the presentation of NTLA-2002 findings?

The findings will be presented on June 11, 2023, during the EAACI Hybrid Congress.

What does NTLA-2002 utilize for gene editing?

NTLA-2002 uses CRISPR/Cas9 technology to edit the gene responsible for HAE.

What is the purpose of Intellia's upcoming webcast?

The webcast on June 12, 2023, will review new safety and efficacy data for NTLA-2002.

What are the current treatment options for HAE?

Current treatments involve lifelong therapies, often requiring chronic administration to manage attacks.

Last updated: May 31, 2023