CLYM Climb Bio, Inc.
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Executive Summary
Climb Bio announced translational pharmacometric modeling and initial Phase 1 safety data for CLYM116, its anti-APRIL monoclonal antibody. Preliminary data from 49 healthy volunteers showed no serious adverse events, dose-limiting toxicities, or discontinuations, with all adverse events mild-to-moderate and self-resolving. The company plans to advance CLYM116 into further development, and partner Mabworks expects to initiate Phase 2 dosing in IgAN patients in Q3 2026.
Actionable Insight
Early safety data is clean but from a small sample (n=49) — not yet de-risking the program. The key catalyst is Phase 2 initiation in IgAN patients by partner Mabworks in Q3 2026. Monitor for efficacy data and any safety signals as dosing expands.
Key Facts
- CLYM116 is an anti-APRIL monoclonal antibody for IgA nephropathy and other immune-mediated diseases.
- Initial Phase 1 safety data from 49 healthy volunteers (single doses up to 320 mg or placebo) showed no SAEs, DLTs, or discontinuations.
- All adverse events were Grade 1-2, transient, and self-resolving; injection site reactions in two patients (Grade 1) resolved without intervention.
- Translational PK/PD model from NHP data projects dose-dependent IgA suppression and potential for less-frequent dosing vs. first-generation anti-APRIL approaches.
- Partner Mabworks expects to initiate Phase 2 dosing in IgAN patients in Q3 2026.
- Global Phase 1 strategy includes parallel healthy volunteer datasets ex-China and China (n=80, doses 25 mg to 640 mg).
Financial Impact
No financial figures disclosed; early-stage clinical data with no revenue or expense impact reported.
Risk Factors
- Small sample size (n=49) limits safety conclusions; larger Phase 2 may reveal new safety signals.
- Translational PK/PD model from NHP data may not predict human efficacy; IgA suppression correlation is literature-based, not from CLYM116 human data.
- Partner-dependent development in China adds execution risk; timelines may slip.
- No financial data or guidance provided; pre-revenue biotech with no near-term revenue catalyst.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-258372 |
| Document: 0001193125-26-258372-index-headers.html | 0001193125-26-258372 |
| Document: 0001193125-26-258372-index.html | 0001193125-26-258372 |
| Document: 0001193125-26-258372.txt | 0001193125-26-258372 |
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Jun 5, 2026
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8-K
| — | awaiting T+1 | — | — |
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May 29, 2026
8d ago
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S-3
| $11.80 $11.20 | ▼ −5.08% | ▼ −5.24% | $10.55 (−10.59%) |
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May 7, 2026
4w ago
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8-K
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May 5, 2026
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8-K
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Apr 3, 2026
9w ago
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Mar 5, 2026
13w ago
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Press Release
| $7.39 $7.18 | ▼ −2.84% | ▼ −1.53% | $10.55 (+42.76%) |
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