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Dianthus Therapeutics Announces FDA Clearance to Initiate Phase 2 Trial of DNTH103 in Multifocal Motor Neuropathy (MMN)

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Dianthus Therapeutics has received FDA clearance to start a Phase 2 trial for DNTH103 in treating Multifocal Motor Neuropathy (MMN). This trial, named the MoMeNtum study, will assess the safety, tolerability, and efficacy of DNTH103 in 36 patients globally. The trial will follow a randomized, double-blind, placebo-controlled design, with patients receiving subcutaneous injections every two weeks for 17 weeks, followed by a 52-week open-label extension. Top-line results are expected in the second half of 2026. DNTH103, a potent C1s inhibitor, aims to offer a more convenient treatment option than current therapies. Dianthus is also building a neuromuscular franchise with planned trials in generalized Myasthenia Gravis and Chronic Inflammatory Demyelinating Polyneuropathy in 2024.

Positive
  • FDA clearance to initiate Phase 2 trial for DNTH103 in MMN.
  • Potential best-in-class C1s inhibitor designed for self-administration.
  • MoMeNtum trial to evaluate safety, tolerability, and efficacy in 36 MMN patients.
  • DNTH103 aims to offer a more convenient treatment option than current therapies.
  • Building a neuromuscular franchise with additional planned trials in 2024.
  • Top-line results from the MoMeNtum trial anticipated in 2H 2026.
Negative
  • Top-line results for the MoMeNtum trial will not be available until the second half of 2026, indicating a long wait period for potential market entry.
  • The trial's primary endpoint focuses on safety and tolerability, which may delay efficacy-related insights.

The clearance of a Phase 2 trial for DNTH103 in treating Multifocal Motor Neuropathy (MMN) marks a critical milestone for Dianthus Therapeutics. This could significantly impact the company's future, as MMN is a rare and debilitating condition with limited treatment options. By positioning DNTH103 as a potential best-in-class therapy, the company could capture a substantial portion of this niche market.

Considering the pre-clinical and clinical evidence that supports the role of the classical pathway in MMN pathology, DNTH103's selective inhibition of active C1s—without impacting other immune pathways—could offer a unique therapeutic advantage. This specificity might minimize side effects and improve patient compliance compared to existing intravenous immunoglobulin (IVIg) therapies, which are often inconvenient and less tolerable.

From an investor standpoint, the long trial timelines (with results expected in 2H 2026) could mean prolonged uncertainty. However, the initiation of this trial, along with other Phase 2 trials for different indications, showcases the company’s robust pipeline. This strategy might reduce overall risk while enhancing potential long-term value through multiple indications.

The FDA clearance for Dianthus Therapeutics' Phase 2 trial represents significant forward momentum for the company. Such regulatory milestones often lead to increased investor confidence and can positively impact stock prices in the short-term. The focus on developing DNTH103 for multiple neuromuscular conditions, including MMN, generalized Myasthenia Gravis and Chronic Inflammatory Demyelinating Polyneuropathy, could lead to diversified revenue streams in the future.

In terms of financials, the potential market for MMN treatment is relatively small but highly specialized, which can command premium pricing. This, combined with a lack of competing therapies, could result in substantial market penetration for DNTH103 if it proves effective. Investors should consider the financial implications of long trial durations and the accompanying development costs, which may lead to short-term cash burn but could be outweighed by long-term gains if the drug is successful.

The advancement of DNTH103 to a Phase 2 trial for MMN is noteworthy from a clinical perspective. DNTH103's mechanism of action—selective inhibition of active C1s—addresses a critical gap in MMN treatment. Current therapies, such as IVIg, though effective, are cumbersome and associated with a range of side effects. DNTH103’s potential for subcutaneous administration every two weeks could dramatically improve patient quality of life and adherence to treatment.

Furthermore, the inclusion of secondary endpoints like time to IVIg retreatment and muscle strength assessments will provide valuable insights into the drug's efficacy and practical benefits. As a highly specialized treatment, if successful, DNTH103 could become a preferred option, reshaping the therapeutic landscape for MMN.

Top-line results from Phase 2 MoMeNtum trial in Multifocal Motor Neuropathy anticipated in 2H 2026

Building a neuromuscular franchise with DNTH103 following the initiation of the Phase 2 MaGic trial in generalized Myasthenia Gravis (gMG) in 1Q’24 and planned initiation of a Phase 2 trial in Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) in 2H’24

Recently disclosed head-to-head affinity and PD potency data reinforce DNTH103 is a highly potent, potential best-in-class active C1s inhibitor designed for self-administration in a low-volume, subcutaneous autoinjector once every two weeks

NEW YORK and WALTHAM, Mass., June 12, 2024 (GLOBE NEWSWIRE) -- Dianthus Therapeutics, Inc. (Nasdaq: DNTH), a clinical-stage biotechnology company dedicated to advancing the next generation of antibody complement therapeutics to treat severe autoimmune diseases, today announced U.S. Food and Drug Administration (FDA) clearance of its Phase 2 Investigational New Drug (IND) application for the MoMeNtum trial of DNTH103 in patients with Multifocal Motor Neuropathy (MMN).

“Pre-clinical and clinical evidence support the classical pathway’s role in the pathology seen in MMN,” said Simrat Randhawa, MD, Chief Medical Officer of Dianthus Therapeutics. “DNTH103 is a potent and highly selective inhibitor of active C1s resulting in classical pathway inhibition, without inhibiting the alternative and lectin pathways that are critical in the defense against infection. The Dianthus medical team and our MMN steering committee are excited to investigate the potential benefits DNTH103 may bring to MMN patients.”

The MoMeNtum trial is a global, randomized, double-blind, placebo-controlled Phase 2 study designed to evaluate the safety, tolerability, and efficacy of DNTH103 in 36 patients with MMN. Following determination of Ig dependency and responsiveness, patients will be randomized to receive placebo or DNTH103 administered subcutaneously (S.C.) every two weeks (Q2W). The initial S.C. treatment duration is expected to be 17 weeks followed by a 52-week open label extension. The primary endpoint of this study is safety and tolerability. Secondary endpoints include time to IVIg retreatment, time to relapse, and assessments of muscle and grip strength. Initial top-line results from this trial are anticipated to be available in the second half of 2026.

“There is a significant unmet medical need for a targeted biologic to treat patients living with MMN,” said Hans Katzberg, MD, MSc, FRCPC, Associate Professor of Neurology, University of Toronto, Prosserman Centre of Neuromuscular Disease. “Today, treatments for MMN are limited to intravenous or subcutaneous infusions of Ig, which can be both inconvenient for patients and difficult to tolerate. Treating MMN with an active C1s inhibitor, like DNTH103, has the potential to transform the lives of these patients.”

About DNTH103
DNTH103 is an investigational, clinical-stage, potent monoclonal antibody engineered to selectively target the classical pathway by inhibiting only the active form of the C1s protein, a clinically validated complement target. DNTH103 is enhanced with YTE half-life extension technology designed to enable a more convenient subcutaneous, self-administered injection dosed as infrequently as once every two weeks. Additionally, selective inhibition of the classical complement pathway may lower patient risk of infection from encapsulated bacteria by preserving immune activity of the lectin and alternative pathways. As the classical pathway plays a significant role in disease pathology, DNTH103 has the potential to be a best-in-class pipeline-in-a-product across a range of autoimmune disorders with high unmet need. Dianthus is building a neuromuscular franchise with DNTH103 following the initiation of the Phase 2 MaGic trial in generalized Myasthenia Gravis in 1Q’24, regulatory clearance for Multifocal Motor Neuropathy in 2Q’24, and planned initiation of a Phase 2 trial in Chronic Inflammatory Demyelinating Polyneuropathy in 2H’24.

DNTH103 is an investigational agent that is not approved as a therapy in any indication in any jurisdiction worldwide.

About Dianthus Therapeutics
Dianthus Therapeutics is a clinical-stage biotechnology company dedicated to designing and delivering novel, best-in-class monoclonal antibodies with improved selectivity and potency. Based in New York City and Waltham, Mass., Dianthus is comprised of an experienced team of biotech and pharma executives who are leading the development of next-generation antibody complement therapeutics, aiming to deliver transformative medicines for people living with severe autoimmune and inflammatory diseases.

To learn more, please visit www.dianthustx.com and follow us on LinkedIn

Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this press release, other than purely historical information, may constitute “forward-looking statements” within the meaning of the federal securities laws, including for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, express or implied statements regarding future plans and prospects, including statements regarding the expectations or plans for discovery, preclinical studies, clinical trials and research and development programs, in particular with respect to DNTH103, and any developments or results in connection therewith, including the target product profile of DNTH103; the anticipated timing of the initiation and results from those studies and trials; expectations regarding the time period over which the Company’s capital resources are expected to be sufficient to fund its anticipated operations; and expectations regarding the market and potential opportunities for complement therapies, in particular with respect to DNTH103. The words “opportunity,” “potential,” “milestones,” “runway,” “will,” “anticipate,” “achieve,” “near-term,” “catalysts,” “pursue,” “pipeline,” “believe,” continue,” “could,” “estimate,” “expect,” “ intend,” “may,” “might,” “plan,” “possible,” “predict,” “project,” “ should,” “strive,” “would,” “aim,” “target,” “commit,” and similar expressions (including the negatives of these terms or variations of them) generally identify forward-looking statements, but the absence of these words does not mean that statement is not forward looking.

Actual results could differ materially from those included in the forward-looking statements due to various factors, risks and uncertainties, including, but not limited to, that preclinical testing of DNTH103 and data from clinical trials may not be predictive of the results or success of ongoing or later clinical trials, that the development of DNTH103 or the Company's other compounds may take longer and/or cost more than planned, that the Company may be unable to successfully complete the clinical development of the Company’s compounds, that the Company may be delayed in initiating, enrolling or completing its planned clinical trials, and that the Company's compounds may not receive regulatory approval or become commercially successful products. These and other risks and uncertainties are identified under the heading "Risk Factors" included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2023, and other filings that the Company has made and may make with the SEC in the future. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.

The forward-looking statements in this press release speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Dianthus undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Contact
Jennifer Davis Ruff
Dianthus Therapeutics
jdavisruff@dianthustx.com


FAQ

What is the focus of Dianthus Therapeutics' newly announced trial?

The trial focuses on evaluating the safety, tolerability, and efficacy of DNTH103 in treating Multifocal Motor Neuropathy (MMN).

When are the top-line results for the DNTH103 Phase 2 trial expected?

Top-line results are anticipated in the second half of 2026.

What is DNTH103?

DNTH103 is a potent and highly selective C1s inhibitor designed for self-administration in a low-volume, subcutaneous autoinjector.

How frequently will patients in the MoMeNtum trial receive DNTH103?

Patients will receive subcutaneous injections of DNTH103 every two weeks for 17 weeks, followed by a 52-week open-label extension.

What other trials are planned by Dianthus Therapeutics in 2024?

Dianthus plans to initiate trials in generalized Myasthenia Gravis in the first quarter and Chronic Inflammatory Demyelinating Polyneuropathy in the second half of 2024.

Dianthus Therapeutics, Inc.

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