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Tyra Biosciences' TYRA-300 Shows Promise in Metastatic Urothelial Cancer

• TYRA Biosciences reported positive interim results for TYRA-300 in metastatic urothelial cancer (mUC) from the SURF301 Phase 1/2 study, demonstrating notable anti-tumor activity. • The company's IND was cleared for a Phase 2 study of TYRA-300 in pediatric achondroplasia (BEACH301), with plans to initiate the study in Q1 2025. • TYRA-300 is also on track for a Phase 2 IND submission for non-muscle invasive bladder cancer (NMIBC) by the end of 2024, expanding its clinical development. • Doug Warner, MD, was appointed as Chief Medical Officer, bringing extensive experience in oncology and skeletal disease drug development to Tyra Biosciences.

Tyra Biosciences announced encouraging interim clinical proof-of-concept results for TYRA-300 in patients with metastatic urothelial cancer (mUC) from the SURF301 Phase 1/2 study. The data, presented at ENA 2024, demonstrated impressive anti-tumor activity at dose levels ≥ 90 mg once daily, with a generally well-tolerated safety profile.

TYRA-300 Shows Efficacy in mUC

The interim data from the SURF301 study revealed that 6 out of 11 (54.5%) patients with FGFR3+ mUC achieved a confirmed partial response (PR) at doses ≥ 90 mg once daily. The disease control rate was 100%, with sustained duration of activity. These findings support the continued development of TYRA-300 for mUC, with the company prioritizing once-daily dosing in ongoing and future oncology studies.
Todd Harris, CEO of TYRA, stated, "These data provide clinical support that an FGFR3 inhibitor designed to be highly selective can deliver meaningful clinical benefit to heavily pretreated patients with cancer." He added that the results allow the company to expand into larger studies for multiple bladder cancer indications, including mUC and non-muscle invasive bladder cancer (NMIBC).

Expansion into Achondroplasia and NMIBC

In October 2024, the FDA cleared Tyra's IND application for a Phase 2 clinical trial of TYRA-300 in children with achondroplasia (BEACH301). This multicenter, open-label, dose-escalation/dose-expansion study will evaluate TYRA-300 in children ages 3 to 10 with achondroplasia and open growth plates. The company expects to dose the first child in Q1 2025.
TYRA is also on track to submit an IND for a Phase 2 study of TYRA-300 in NMIBC before the end of 2024, aiming to address unmet needs in this cancer population with an efficacious, orally available therapy.

Advancing Other Pipeline Programs

The SURF201 Phase 1 study evaluating TYRA-200 in patients with FGFR2+ cholangiocarcinoma and other advanced solid tumors is ongoing. TYRA-200 is an investigational FGFR1/2/3 inhibitor with potency against activating FGFR2 gene alterations and resistance mutations.
Following IND clearance, TYRA is also planning a Phase 1 clinical study of TYRA-430, an investigational FGFR4/3-biased inhibitor for FGF19+/FGFR4-driven cancers, specifically advanced hepatocellular carcinoma (HCC) and other solid tumors with activating FGF/FGFR pathway aberrations.

Corporate Developments

In September 2024, Doug Warner, MD, was appointed as Chief Medical Officer (CMO). Dr. Warner brings over twenty years of clinical development leadership experience, having previously held roles at Amgen and eFFECTOR Therapeutics.

Financial Status

As of September 30, 2024, TYRA had cash, cash equivalents, and marketable securities of $360.1 million, which is expected to fund operations through at least 2026.
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Reference News

[1]
Tyra Biosciences Reports Third Quarter 2024 Financial Results and Highlights
finance.yahoo.com · Nov 7, 2024

Tyra Biosciences reported positive interim results for TYRA-300 in mUC, IND clearance for pediatric achondroplasia study...

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