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Taysha Gene Therapies Provides Clinical Updates for Investigational Programs TSHA-120 in Giant Axonal Neuropathy (GAN) and TSHA-102 in Rett Syndrome at R&D Day Company views that results of comprehensive data analysis of

Key Takeaway: Taysha Gene Therapies has provided updates on its clinical programs TSHA-120 for Giant Axonal Neuropathy (GAN) and TSHA-102 for Rett syndrome. Comprehensive analyses suggest a potential regulatory path for TSHA-120, addressing prior FDA concerns. In addition, initial positive observations were noted for the first adult patient treated with TSHA-102 in its ongoing REVEAL Phase 1/2 trial. Further updates, including a formal meeting with the FDA concerning TSHA-120, are anticipated in Q3 2023.
Price reaction · baseline $0.62 (2023-06-27 close) · hit after-hours · clean, no other TSHA news in the window
day 0 close · peak
-4.8%

Market Sentiment Analysis

POSITIVE FACTORS

  • Promising clinical observations in the TSHA-102 trial for Rett syndrome.
  • Potential approval pathway for TSHA-120 following comprehensive data analysis.
  • FDA indicated openness to regulatory flexibility for study design.
  • Identification of meaningful treatment effects from TSHA-120 based on multiple measurements.

CONCERNS & RISKS

  • Initial concerns from FDA regarding the heterogeneity of disease progression in GAN.
  • Need for addressing the effort-dependent nature of MFM32 as a primary endpoint.
  • Dependence on future regulatory discussions to solidify the approval pathway.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+67%
120-day peak, hindsight
Typical move
1.7%
average across 4 past catalysts
Cash runway
~33 mo
Minimal dilution risk
Lead asset
TSHA-101
Phase 1 · Infantile GM2 Gangliosidosis (Disorder)

Full Press Release Details

Taysha Gene Therapies Provides Clinical Updates for Investigational Programs TSHA-120 in
Giant Axonal Neuropathy (GAN) and TSHA-102 in Rett Syndrome at R&D Day
Company views that results of comprehensive data analysis of TSHA-120 and development of disease
progression model (DPM) address U.S. Food and Drug Administration (FDA) feedback regarding the effort-dependent nature of MFM32 as primary endpoint in an unblinded study and heterogeneity of GAN; Taysha plans to review potential regulatory pathway
for TSHA-120 at a formal meeting with the FDA expected in Q3 2023
identified multiple functional, electrophysiological and biological measurements that demonstrate a clinically meaningful and objective measurement of TSHA-120 treatment effect on disease progression
Encouraging initial clinical observations seen in the first adult patient with Rett syndrome recently dosed with TSHA-102 in REVEAL Phase 1/2 trial; safety and efficacy update and Independent Data Monitoring Committee (IDMC) approval to dose second patient expected in early Q3 2023
Detailed updates will be presented at virtual R&D Day today at 10:00 AM ET
DALLAS, June 28, 2023 (GLOBE NEWSWIRE) Taysha Gene Therapies, Inc. (Nasdaq: TSHA), a clinical-stage gene therapy company focused on
developing and commercializing AAV-based gene therapies for the treatment of monogenic diseases of the central nervous system (CNS), announced new data analyses for
TSHA-120 in GAN and initial clinical observations for TSHA-102 in Rett syndrome. Taysha will host a virtual R&D Day today at 10:00 AM ET to discuss these updates.
The webcast link can be accessed on the Events and Presentations section of Taysha s website.
Late last year, the company submitted and
discussed with the FDA a subset of available evidence supporting the potential therapeutic benefit and safety profile for TSHA-120 in patients with GAN, an ultra-rare disease with currently no approved
treatments. FDA feedback included the need to address the heterogeneity of disease progression in GAN and the effort-dependent nature of MFM32 as a primary endpoint, considering the unblinded study design, said Sean P. Nolan, Chairman and
Chief Executive Officer of Taysha. Given the FDA also indicated it is open to regulatory flexibility in a controlled trial setting and willing to consider alternative study designs, we undertook an extensive analysis of the totality of data
available to determine a feasible regulatory path forward for TSHA-120.
Mr. Nolan continued, We
believe the new analyses may help support an approval pathway for TSHA-120 for the treatment of GAN. Our newly developed disease progression model demonstrates predictable and homogenous disease progression in
classic GAN, which in our view supports the use of natural history data as an external control. Additionally, we identified objective functional, electrophysiological and biological measurements that demonstrated a
clinically meaningful treatment effect, which is also accompanied by over seven years of clinical data supporting the safety profile. We ve requested a formal FDA meeting to discuss these
new developments to support a potential regulatory path forward for TSHA-120. We expect the meeting to take place in the third quarter of this year.
For our TSHA-102 program in Rett syndrome, we are encouraged by the initial clinical observations of the first
adult patient recently dosed in the REVEAL Phase 1/2 trial, said Sukumar Nagendran, M.D., President, and Head of R&D. We look forward to providing further clinical updates on the safety and efficacy observations for the first patient
early in the third quarter of this year, following the required IDMC adjudication of the initial clinical data. Subsequent REVEAL trial updates will be provided quarterly, thereafter. We remain on track to submit a CTA to the UK MHRA in pediatric
patients in mid-2023 and to submit an IND application to the FDA in the second half of 2023.
TSHA-120: a self-complimentary intrathecally delivered AAV9 gene therapy being evaluated
in an open-label, dose-escalation, non-randomized Phase 1/2 trial for GAN, an ultra-rare inherited genetic neurodegenerative disorder with no approved treatments.
TSHA-102: a self-complementary intrathecally delivered AAV9 gene transfer therapy being evaluated in the first-in-human, open
labeled, randomized dose escalation and expansion REVEAL Phase 1/2 trial for Rett syndrome, a rare genetic neurodevelopmental disorder caused by mutations in the X-linked MECP2 gene. TSHA-102 utilizes a novel miRNA-Responsive Auto-Regulatory Element (miRARE) platform designed to regulate cellular MECP2 expression.
About Taysha Gene Therapies
Taysha Gene Therapies (Nasdaq: TSHA) is on a mission to eradicate monogenic CNS disease. With a singular focus on developing curative medicines, we aim to
rapidly translate our treatments from bench to bedside. We have combined our team s proven experience in gene therapy drug development and commercialization with the world-class UT Southwestern Gene Therapy Program. Together, we leverage our
fully integrated platform with a goal of dramatically improving patients lives. More information is available at www.tayshagtx.com.
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as anticipates, believes, expects, intends, projects, plans,
and future or similar expressions are intended to identify forward-looking statements. Forward-looking statements include statements concerning the timing, progress and results of our preclinical studies and clinical trials of our
product candidates, including TSHA-102 and TSHA-120, including statements regarding the timing of initiation and completion of studies or trials and related preparatory
work and the period during which the results of the trials will become available, the potential of our product candidates, including TSHA-120 and TSHA-102, to positively
impact quality of life and alter the course of disease in the patients we seek to treat, our research, development and regulatory plans for our product candidates, the potential for these product candidates to receive regulatory approval from the
FDA or equivalent foreign regulatory agencies, and whether, if approved, these product candidates will be successfully distributed and marketed and the potential market opportunity for these product candidates. Forward-looking statements are based
on management s current expectations and are subject to various risks and uncertainties that could cause actual results to differ materially and adversely from those expressed or implied by such forward-looking statements. Accordingly, these
forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding our business are described in detail in our Securities and
Exchange Commission ( SEC ) filings, including in our Annual Report on Form 10-K for the full-year ended December 31, 2022, which is available on the SEC s website
at www.sec.gov. Additional information will be made available in other filings that we make from time to time with the SEC. Such risks may be amplified by the impacts of the COVID-19 pandemic.
These forward-looking statements speak only as of the date hereof, and we disclaim any obligation to update these statements except as may be required by law.
Director, Head of Corporate Communications
Taysha Gene Therapies, Inc.

Frequently Asked Questions

What is TSHA-120 being investigated for?

TSHA-120 is being evaluated for treating Giant Axonal Neuropathy (GAN), an ultra-rare genetic disorder.

What updates are expected for TSHA-102?

Updates on safety and efficacy for TSHA-102 in Rett syndrome are anticipated in early Q3 2023.

When will Taysha meet with the FDA regarding TSHA-120?

Taysha plans to meet with the FDA to discuss TSHA-120's regulatory pathway in Q3 2023.

What type of trial is TSHA-102 undergoing?

TSHA-102 is in a Phase 1/2 trial for Rett syndrome, evaluating safety and efficacy.

What is the delivery method for TSHA-120?

TSHA-120 is a self-complementary AAV9 gene therapy delivered intrathecally.

Last updated: Jun 28, 2023