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Stoke Therapeutics

Stoke Therapeutics logo
🇺🇸United States
Ownership
Public
Established
2014-01-01
Employees
110
Market Cap
$730.2M
Website
http://www.stoketherapeutics.com
Introduction

Stoke Therapeutics, Inc. is a biotechnology company, which engages in the research and development of treatments for genetic diseases. It offers a wide range of relevant tissues including the central nervous system, eye, kidney, and liver. The company was founded by Isabel Aznarez and Adrian R. Krainer in June 2014 and is headquartered in Bedford, MA.

Biogen and Stoke Therapeutics Collaborate to Advance Zorevunersen for Dravet Syndrome

• Biogen and Stoke Therapeutics will collaborate to develop and commercialize zorevunersen for Dravet syndrome outside the U.S., Canada, and Mexico. • Stoke's Phase 3 EMPEROR study of zorevunersen, expected to begin in mid-2025, aims to reduce seizure frequency and improve cognition and behavior in children with Dravet syndrome. • Zorevunersen, an antisense oligonucleotide targeting the SCN1A gene, has shown promising results in earlier trials, including an 87% median reduction in convulsive seizure frequency. • Biogen will provide Stoke with an upfront payment of $165 million, potential milestone payments up to $385 million, and tiered royalties on net sales in Biogen's territory.

Zorevunersen Receives FDA Breakthrough Therapy Designation for Dravet Syndrome

• Stoke Therapeutics' zorevunersen has received FDA Breakthrough Therapy Designation for Dravet syndrome with confirmed SCN1A gene mutation. • Clinical data from Phase 1/2a and open-label extension studies demonstrated substantial seizure reduction and improvements in cognition and behavior. • Zorevunersen is a novel antisense oligonucleotide designed to upregulate NaV1.1 protein expression, addressing the underlying cause of Dravet syndrome. • Stoke plans to provide an update on its global Phase 3 registrational study plans by the end of the year.

Stoke Therapeutics Advances Dravet Syndrome Treatment with Zorevunersen

• Stoke Therapeutics is progressing zorevunersen (STK-001) for Dravet syndrome, with ongoing discussions with regulatory agencies for a global Phase 3 study. • Recent data from clinical studies of zorevunersen demonstrate substantial and sustained effects across multiple measures of Dravet syndrome. • The FDA has removed the partial clinical hold on higher doses of zorevunersen, allowing for continued chronic dosing in ongoing trials. • Stoke Therapeutics reported $269.2 million in cash, cash equivalents, and marketable securities as of September 30, 2024, ensuring operations are funded through at least the end of 2025.

Stoke Therapeutics' STK-001 Shows Promising Results in Dravet Syndrome Trials

• Stoke Therapeutics' STK-001 demonstrated substantial reductions in convulsive seizure frequency in children and adolescents with Dravet syndrome. • The treatment also showed improvements in cognition and behavior, suggesting potential disease modification in this patient population. • The FDA has allowed Stoke to proceed with a dosing regimen of 70mg followed by 45mg, paving the way for registrational studies. • Stoke Therapeutics is preparing to meet with regulatory agencies to discuss a registrational study based on the encouraging data.
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