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Upstream Bio to Host Webcast to Report Top-Line Results from the Phase 2 VALIANT Trial of Verekitug in Patients with Severe Asthma

Key Takeaway: Upstream Bio will host a webcast on February 11, 2026, to report top-line results from the Phase 2 VALIANT trial of verekitug, a treatment for severe asthma. The trial involved 478 patients and assessed the drug's safety and efficacy over a minimum of 24 weeks. Verekitug is the only known antagonist targeting the TSLP receptor currently in clinical development.
Price reaction · baseline $27.81 (2026-02-10 close) · hit pre-market · 1 other UPB headline(s) in the window, move may be shared
day 0 close
-47.2%
day 1
-54%
day 3 · peak
-70%

Market Sentiment Analysis

POSITIVE FACTORS

  • Upstream Bio is advancing its innovative treatment for severe asthma.
  • The VALIANT trial is a significant step in evaluating verekitug's efficacy.
  • The webcast will provide crucial insights into the trial results.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+35%
120-day peak, hindsight
Typical move
17.4%
average across 4 past catalysts
Cash runway
~22 mo
Low dilution risk
Lead asset
Verekitug
Phase 2 · Chronic Obstructive Pulmonary Disease

Full Press Release Details

– Webcast to be held Wednesday, February 11, 2026, at 8:00 a.m. ET –
WALTHAM, Mass., Feb. 10, 2026 (GLOBE NEWSWIRE) --Upstream Bio, Inc.(Nasdaq: UPB), a clinical-stage company developing treatments for inflammatory diseases, with an initial focus on severe respiratory disorders, today announced it will report top-line results from the Phase 2 VALIANT trial of verekitug, the only known antagonist currently in clinical development that targets and inhibits the thymic stromal lymphopoietin (TSLP) receptor, on Wednesday, February 11, 2026 at 8:00 a.m. ET.
The VALIANT trial (NCT06196879) is a Phase 2 global, randomized, double-blind, placebo-controlled, dose-ranging, parallel group clinical trial that evaluated the safety and efficacy of verekitug for up to 60 weeks, with a minimum of 24 weeks of treatment, in 478 patients with severe asthma. Participants were randomized into one of four groups, receiving either 100 mg of verekitug every 24 weeks, 400 mg of verekitug every 24 weeks, 100 mg of verekitug every 12 weeks, or placebo, administered subcutaneously.
Webcast InformationUpstream Bio’s webcast to discuss the top-line results from the Phase 2 VALIANT trial will begin Wednesday, February 11, 2026, at 8:00 a.m. ET. The live webcast can be accessed via thislinkor on the Events tab on the Investors section of the Company’s website athttps://investors.upstreambio.com/news-events/events. A replay of the webcast will be available on the website following the call.
About Upstream BioUpstream Bio is a clinical-stage biotechnology company developing treatments for inflammatory diseases, with an initial focus on severe respiratory disorders. The Company is developing verekitug, the only known antagonist currently in clinical development that targets the receptor for thymic stromal lymphopoietin (TSLP), a cytokine which is a clinically validated driver of inflammatory response positioned upstream of multiple signaling cascades that affect a variety of immune mediated diseases. The Company has advanced this highly potent monoclonal antibody into separate Phase 2 trials for the treatment of chronic rhinosinusitis with nasal polyps (CRSwNP), severe asthma, and chronic obstructive pulmonary disease (COPD). Upstream Bio’s team is committed to maximizing verekitug’s unique attributes to address the substantial unmet needs for patients underserved by today’s standard of care. To learn more, please visitwww.upstreambio.com.

Investor and Media Contact:Meggan BuckwellDirector, Corporate Communications and Investor Relationsir@upstreambio.com

Frequently Asked Questions

What is the VALIANT trial?

The VALIANT trial is a Phase 2 clinical study evaluating verekitug's safety and efficacy in severe asthma patients.

When will the webcast take place?

The webcast will be held on February 11, 2026, at 8:00 a.m. ET.

How many patients were involved in the VALIANT trial?

The trial included 478 patients with severe asthma.

What is verekitug targeting?

Verekitug targets and inhibits the thymic stromal lymphopoietin (TSLP) receptor.

Last updated: Feb 11, 2026