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Kyntra Bio Presents New Roxadustat Data on Improvements in Transfusion Independence Regardless of Ring Sideroblast Status in Patients with Anemia due to Lower-Risk Myelodysplastic Syndromes

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Kyntra Bio (Nasdaq: KYNB) reported new post hoc Phase 3 MATTERHORN data for roxadustat in anemia due to lower-risk MDS. Roxadustat improved transfusion independence versus placebo, with similar benefits in ring sideroblast positive and negative disease, and higher TI rates in high transfusion burden patients. TEAEs were mostly lower grade with no new safety signals, and a pivotal Phase 3 trial is planned to start in 2H 2026 after FDA feedback.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • Overall MATTERHORN: 48% transfusion independence with roxadustat vs 33% with placebo
  • RS- subgroup: 48% achieved ≥8-week TI over 28 weeks vs 28% placebo
  • High transfusion burden subgroup (n=37) showed higher ≥8-,12-,16-week TI rates vs placebo
  • TEAEs generally lower grade, medically managed, with no new safety signals reported
  • Pivotal Phase 3 trial protocol finalized based on FDA feedback

Negative

  • Key MATTERHORN efficacy findings are derived from post hoc analyses
  • Pivotal Phase 3 roxadustat trial for LR-MDS and high transfusion burden has not yet initiated, targeted for 2H 2026

News Market Reaction – KYNB

+4.14% 28.3x vol
11 alerts
+4.14% News Effect
+10.5% Peak in 22 min
+$1M Valuation Impact
$32.06M Market Cap
28.3x Rel. Volume

On the day this news was published, KYNB gained 4.14%, reflecting a moderate positive market reaction. Argus tracked a peak move of +10.5% during that session. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $32.06M at that time. Trading volume was exceptionally heavy at 28.3x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement provides detailed Phase 3 MATTERHORN post hoc data for roxadustat in lower-risk MD...
Analysis

This announcement provides detailed Phase 3 MATTERHORN post hoc data for roxadustat in lower-risk MDS, including a 48% transfusion independence rate in RS- patients versus 28% on placebo and a reported p=0.22. The findings support a pivotal Phase 3 trial in high transfusion burden LR‑MDS, targeting initiation in 2H 2026. Investors may watch for the final trial design, enrollment progress, and future efficacy and safety readouts to assess how this program could influence Kyntra Bio’s long-term clinical and strategic profile.

Key Figures

Roxadustat TI rate: 48% Placebo TI rate: 33% P-value: p=0.22 +5 more
8 metrics
Roxadustat TI rate 48% Transfusion independence in overall MATTERHORN roxadustat arm
Placebo TI rate 33% Transfusion independence in overall MATTERHORN placebo arm
P-value p=0.22 Comparison of TI rates roxadustat vs placebo in MATTERHORN
RS- patients 84 of 140 Number of RS- patients in total MATTERHORN population
RS- TI rate roxadustat 48% RS- patients achieving ≥8-week TI over 28 weeks with roxadustat
RS- TI rate placebo 28% RS- patients achieving ≥8-week TI over 28 weeks with placebo
HTB subgroup size n=37 High transfusion burden patients meeting IWG-2018 criteria
HTB definition ≥4 units pRBCs per 8-week for 2 periods IWG-2018 criteria for high transfusion burden

Historical Context

5 past events · Latest: May 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 11 Earnings and pipeline Positive +6.3% Q1 2026 results, narrowed loss, cash runway and roxadustat Phase 3 plans.
May 04 Earnings date set Neutral -1.4% Announcement of upcoming Q1 2026 results call and webcast schedule.
Apr 08 Conference appearance Neutral -1.5% Plan to present at Needham Virtual Healthcare Conference with webcast access.
Mar 16 Earnings and update Positive +5.3% Q4/FY2025 results plus FG‑3246 data and roxadustat Phase 3 protocol submission.
Mar 09 Earnings date set Neutral +7.3% Scheduling announcement for Q4/FY2025 earnings release and business update call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Price often reacted strongly to both earnings and neutral scheduling news, with several instances where modest or neutral headlines led to notable moves in either direction.

Recent Company History

Over the last few months, Kyntra Bio has focused on financial updates and pipeline progress. Earnings reports on Mar 16, 2026 and May 11, 2026 highlighted advancing FG-3246 trials and plans for a pivotal Phase 3 roxadustat study in LR‑MDS, with share price gains of 5.29% and 6.25%. Even neutral items like earnings date announcements and a Needham conference appearance saw moves between about -1.5% and +7.3%, indicating the stock has been sensitive to news flow as development milestones approach.

Regulatory & Risk Context

Short Interest: 2.94%
Short Interest
2.94% of shares outstanding
as of 2026-05-29 Days to cover: 14.83

Key Terms

post hoc analysis, ring sideroblast, myelodysplastic syndromes, transfusion independence, +4 more
8 terms
post hoc analysis medical
"In a post hoc analysis, patients treated with roxadustat showed a durable"
Post hoc analysis is an exploratory look at data carried out after a study or trial is finished to search for patterns or effects that were not specified beforehand. Because it’s done after seeing the results, findings can arise by chance and are less reliable than preplanned tests; investors should treat post hoc claims as hypothesis-generating signals that may need confirmatory studies or regulatory review before they meaningfully affect a company’s value.
ring sideroblast medical
"independence regardless of Ring Sideroblast Status in Patients with Anemia"
A ring sideroblast is an immature red blood cell in the bone marrow that shows a visible ring of iron-loaded mitochondria around its nucleus when stained for iron. It signals a problem with how the marrow makes and uses iron, often found in certain anemias and bone marrow disorders. For investors, its presence can influence diagnosis rates, drug development, regulatory decisions, and the commercial outlook for therapies that target these blood disorders.
myelodysplastic syndromes medical
"patients with anemia associated with lower-risk myelodysplastic syndromes (LR-MDS)"
Myelodysplastic syndromes are a group of disorders in which the bone marrow — the body’s blood cell factory — makes blood cells that are abnormal or too few, leading to anemia, infections, or bleeding and sometimes progressing to leukemia. Investors monitor them because demand for effective drugs, clinical trial results, and regulatory approvals can materially affect the revenues and valuations of healthcare companies and influence projected treatment costs and market opportunities.
transfusion independence medical
"showing improvements in transfusion independence in patients with anemia"
Transfusion independence describes a sustained period during which a patient no longer needs blood transfusions because a treatment restores or maintains adequate blood levels on its own; it’s a common goal in therapies for severe anemia and certain blood disorders. For investors, achieving transfusion independence in clinical results is a clear sign of meaningful patient benefit, potential cost savings for healthcare systems, and a strong commercial signal that a therapy could gain market adoption — like repairing a broken pump so you no longer need to haul water by hand.
high transfusion burden medical
"LR-MDS and high transfusion burden (HTB) compared to placeboSimilar"
A high transfusion burden describes patients who require frequent, regular blood transfusions to manage chronic anemia or blood disorders—often multiple times per month or year. For investors it signals ongoing, predictable medical costs and a clear unmet need: therapies that reduce transfusion frequency can improve patient quality of life, lower long‑term care costs, and become valuable commercial or regulatory differentiators in clinical trials, much like fixing a leaky bucket saves repeated refills.
TEAEs medical
"TEAEs were generally lower grade and managed medically with no new"
Treatment-emergent adverse events (TEAEs) are side effects or new health problems that appear or worsen after a patient begins a study treatment in a clinical trial. Investors watch TEAEs because how often and how severe they are shapes a drug’s safety profile, regulatory approval chances, market acceptance and potential legal or commercial risks—think of them like a report of defects that can make or break a product’s success.
pRBCs medical
"HTB (≥ 4 units pRBCs per 8-week period for 2 consecutive 8-week"
Packed red blood cells (PRBCs) are units of blood that have most of the plasma removed so they deliver a concentrated dose of red blood cells to raise a patient’s oxygen-carrying capacity, similar to giving concentrated fuel instead of a full tank of mixed fluids. For investors, PRBCs matter because demand, supply, manufacturing processes, storage needs and regulatory approvals affect hospitals’ costs and revenue for blood-related services and can influence companies that produce, process or transport blood products.
Phase 3 trial medical
"pivotal Phase 3 trial protocol of roxadustat for the treatment of anemia"
A Phase 3 trial is a large, late-stage test of a new drug or medical treatment done on many people to make sure it really works and is safe. For investors, it matters because a successful Phase 3 usually means the company can ask regulators to sell the product and could earn lots of money, while failure can sharply reduce the company’s value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • In a post hoc analysis, patients treated with roxadustat showed a durable and clinically meaningful improvement in transfusion independence (TI) in patients with LR-MDS and high transfusion burden (HTB) compared to placebo

  • Similar rates of TI for patients treated with roxadustat were observed in both ring sideroblast positive (RS+) and ring sideroblast negative (RS-) disease

  • Pivotal Phase 3 trial protocol of roxadustat for the treatment of anemia in patients with LR-MDS and high transfusion burden is being finalized based on feedback received from the Food and Drug Administration (FDA)

SAN FRANCISCO, June 11, 2026 (GLOBE NEWSWIRE) -- Kyntra Bio (Nasdaq: KYNB) today announced additional data from the Phase 3 MATTERHORN trial showing improvements in transfusion independence in patients with anemia associated with lower-risk myelodysplastic syndromes (LR-MDS) treated with roxadustat will be presented as a poster at the European Hematology Association (EHA) Congress 2026, taking place June 11-14, 2026 in Stockholm, Sweden.

“In addition to roxadustat demonstrating clinically meaningful efficacy in patients with lower-risk MDS and high transfusion burden, improvements in transfusion independence in both RS+ and RS- disease were also observed in this post-hoc analysis, which is an important finding given the limited effectiveness of currently available treatment options for patients with RS- disease,” said Thane Wettig, Chief Executive Officer of Kyntra Bio. “These findings underscore the potential of roxadustat to elevate the standard of care for patients with lower-risk MDS who are in need of additional treatment options. We are finalizing the protocol for the pivotal Phase 3 trial, which we expect to initiate in the second half of 2026, with the aim to build upon and confirm these findings in patients with lower-risk MDS and high transfusion burden, including both RS+ and RS- disease.”

“Through this novel MOA, stabilizing HIF1-⍺, thereby normalizing erythroid precursor development and improving hemoglobin production, these findings highlight the potential for roxadustat to address a significant unmet need, providing a convenient, well-tolerated and effective treatment option for anemia in patients with LR-MDS independent of RS histology,” said Amer Zeidan, MD, Professor of Medicine at Yale School of Medicine and Chief of the Division of Hematologic Malignancies at Yale Cancer Center. “This post-hoc analysis from the MATTERHORN trial shows clinically meaningful RBC transfusion independence among high transfusion burden patients, as well as clear evidence of hemoglobin increase among patients who received roxadustat compared to placebo. I am excited to be able to share this data with the MDS community at the EHA meeting and believe they provide strong rationale for the planned randomized Phase 3 trial in anemic patients with LR-MDS and high RBC transfusion burden,” concluded Dr. Zeidan, who is also the global principal investigator of the planned randomized Phase 3 trial.

As previously disclosed, the initial analysis with all of the patients who participated in the Phase 3 MATTERHORN trial showed that more patients receiving roxadustat achieved transfusion independence vs. placebo (48% vs. 33%; p=0.22). The presentation highlights data from a post hoc analysis of the entire trial population, demonstrating that roxadustat led to similar rates of transfusion independence in both RS+ and RS- patients. In RS- patients, which comprised 84 of the 140 patients enrolled in the trial, treatment with roxadustat led to transfusion independence for ≥8 weeks over 28 weeks in 48% of patients vs. 28% for placebo.

The presentation at EHA also provides additional details on the subgroup of patients (n=37) who met the criteria of HTB (≥ 4 units pRBCs per 8-week period for 2 consecutive 8-week periods) per IWG-2018, where roxadustat achieved clinically meaningful efficacy in patients with LR-MDS and HTB with higher rates of ≥8-, 12-, 16-week RBC TI vs placebo. TEAEs were generally lower grade and managed medically with no new safety signals.

The poster presentation, titled “Roxadustat improves transfusion independence in LR-MDS patients with anemia and high transfusion burden and in ring sideroblast positive and negative disease: post-hoc analysis of MATTERHORN study” is scheduled for the poster session taking place on June 12, 2026 at 18:45 CEST.

The pivotal Phase 3 trial protocol of roxadustat for the treatment of anemia in patients with LR-MDS and high transfusion burden is being finalized based on feedback received from the FDA.

About Myelodysplastic Syndromes Anemia
Myelodysplastic syndromes (MDS) are a group of disorders characterized by dysfunctional progenitor blood cells and stem cells, resulting in chronic anemia in most patients. Annual incidence rates of MDS are estimated to be 4.9/100,000 adults in the U.S., thereof 77% are considered lower-risk MDS. Approximately 80% of patients with MDS have anemia at the time of diagnosis, and around 60% of patients with MDS will experience severe anemia (hemoglobin <8 g/dL) at some point during the course of their disease. Anemia in patients with MDS is associated with increased risk of cardiovascular complications and the need for blood transfusion. Approximately 50% of patients with MDS require regular red blood cell transfusions. Transfusion dependent MDS patients suffer higher rates of cardiac events, infections, and iron overload with the related complications. In addition, anemia frequently leads to significant fatigue, cognitive dysfunction, and decreased quality of life. Today, patients are routinely treated with erythropoiesis-stimulating agents (ESAs), luspatercept, imetelstat, or lenalidomide in lower-risk MDS with isolated del(5q), and hypomethylating agents (HMAs) in higher-risk disease. Only 35-40% of patients respond to current treatments and the durability of response is short. Moreover, these treatments are challenging to dose-calibrate and can only be administered via subcutaneous injection or through IV infusion. There remains a high unmet need for the treatment of anemia associated with MDS, and new strategies that provide durable response and the convenience of oral administration are highly desired in managing patients with MDS.

About Roxadustat
Roxadustat, an oral medication, is the first in a new class of medicines comprising HIF-PH inhibitors that promote erythropoiesis, or red blood cell production, through increased endogenous production of erythropoietin, improved iron absorption and mobilization, and downregulation of hepcidin.

Roxadustat is approved in Europe, Japan, and numerous other countries for the treatment of anemia of CKD in adult patients on dialysis (DD) and not on dialysis (NDD). Kyntra Bio has the sole rights to roxadustat in the United States, Canada, Mexico, and in all markets not held by AstraZeneca or licensed to Astellas. Astellas and Kyntra Bio are collaborating on the commercialization of roxadustat for the treatment of anemia in territories including Japan, Europe, Turkey, Russia, and the Commonwealth of Independent States, the Middle East, and South Africa.

About Kyntra Bio
Kyntra Bio is a biopharmaceutical company focused on development of novel therapies in oncology and rare disease. Roxadustat (爱瑞卓®, EVRENZO™) is currently approved in Europe, Japan, China, and numerous other countries for the treatment of anemia in chronic kidney disease (CKD) patients on dialysis and not on dialysis. The Company continues to evaluate the development plan for the Phase 3 trial of roxadustat in anemia associated with lower-risk myelodysplastic syndromes (LR-MDS) in the U.S. FG-3246 (also known as FOR46), a first-in-class antibody-drug conjugate (ADC) targeting CD46, is in Phase 2 development for the treatment of metastatic castration-resistant prostate cancer. This program also includes the development of FG-3180, an associated CD46-targeted PET biomarker. For more information, please visit www.kyntrabio.com.

Note: Amer Zeidan’s views are his own personal views and do not necessarily represent his employer’s views. He has also consulted and received honoraria and travel support from Kyntra Bio.

Forward-Looking Statements 
This release contains forward-looking statements regarding Kyntra Bio’s strategy, future plans and prospects, including statements regarding its commercial products and clinical programs . These forward-looking statements include, but are not limited to, statements regarding the efficacy, safety, and potential clinical or commercial success of Kyntra Bio products and product candidates, and statements about Kyntra Bio’s plans and objectives. These forward-looking statements are typically identified by use of terms such as “may,” “will”, “should,” “on track,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue” and similar words, although some forward-looking statements are expressed differently. Kyntra Bio’s actual results may differ materially from those indicated in these forward-looking statements due to risks and uncertainties related to the continued progress and timing of its various programs, including the enrollment and results from ongoing and potential future clinical trials, and other matters that are described in Kyntra Bio’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, each as filed with the Securities and Exchange Commission (SEC), including the risk factors set forth therein. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and Kyntra Bio undertakes no obligation to update any forward-looking statement in this press release, except as required by law.

For Investor Inquiries:
David DeLucia, CFA
Senior Vice President and Chief Financial Officer
ir@kyntrabio.com 


FAQ

What did Kyntra Bio (Nasdaq: KYNB) announce on June 11, 2026 about roxadustat in lower-risk MDS?

Kyntra Bio announced new post hoc Phase 3 MATTERHORN data showing roxadustat improved transfusion independence in lower-risk MDS patients. According to Kyntra Bio, benefits were seen across ring sideroblast positive and negative disease, and results will be presented at EHA 2026 in Stockholm.

What were the transfusion independence results for roxadustat in the MATTERHORN Phase 3 trial (KYNB)?

Roxadustat achieved transfusion independence in 48% of MATTERHORN patients compared with 33% on placebo. According to Kyntra Bio, this analysis covered the full trial population and evaluated red blood cell transfusion independence over defined 28-week assessment periods.

How did roxadustat perform in ring sideroblast negative lower-risk MDS patients in MATTERHORN?

In ring sideroblast negative patients, 48% on roxadustat achieved ≥8-week transfusion independence over 28 weeks versus 28% on placebo. According to Kyntra Bio, this subgroup included 84 of 140 enrolled patients and showed similar transfusion independence rates to ring sideroblast positive disease.

What did Kyntra Bio report about high transfusion burden patients in the MATTERHORN trial for KYNB?

Among 37 high transfusion burden patients, roxadustat led to higher rates of ≥8-, 12-, and 16-week transfusion independence than placebo. According to Kyntra Bio, high transfusion burden followed IWG-2018 criteria of at least four RBC units per 8-week period for two consecutive periods.

What are the safety findings for roxadustat in lower-risk MDS patients reported by Kyntra Bio?

Treatment-emergent adverse events were generally lower grade and managed medically, with no new safety signals identified. According to Kyntra Bio, these safety observations come from the MATTERHORN trial analysis in lower-risk MDS patients treated with roxadustat compared with placebo.

When will Kyntra Bio start the pivotal Phase 3 roxadustat trial in lower-risk MDS (KYNB)?

Kyntra Bio expects to initiate the pivotal Phase 3 roxadustat trial in the second half of 2026. According to Kyntra Bio, the protocol for this study in lower-risk MDS with high transfusion burden is being finalized based on feedback from the FDA.