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Ultragenyx Announces Positive 36-Week Data from Phase 3 Study of DTX301 AAV8 Gene Therapy for the Treatment of Ornithine Transcarbamylase (OTC) Deficiency

(Neutral)

Ultragenyx (NASDAQ: RARE) reported positive 36-week Phase 3 results for DTX301 in OTC deficiency, showing a statistically significant 18% reduction in 24-hour plasma ammonia AUC0-24 versus placebo (p=0.018) and maintenance of average ammonia in the normal range through Week 36.

Patients reduced ammonia scavenger drugs by a mean 27% and increased protein intake ~13% while on DTX301; safety was acceptable with one treatment-related acute hepatitis that resolved. Additional 64-week treatment-burden data are expected in H1 2027.

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Positive

  • Ammonia AUC0-24 reduced by 18% versus placebo (p=0.018)
  • Mean 27% reduction in ammonia scavenger medication use at Week 36
  • Treated patients maintained normal ammonia levels through Week 36

Negative

  • One treatment-related acute hepatitis SAE occurred (resolved with steroids)
  • Small randomized treated cohort: n=18 in DTX301 arm at 36 weeks

News Market Reaction – RARE

-2.25%
2 alerts
-2.25% Session close to close
+9.8% Peak Tracked
$2.15B Market Cap
8.13K Volume

In the Mar 12 session, RARE declined 2.25%, reflecting a moderate negative market reaction. Argus tracked a peak move of +9.8% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reports statistically significant Phase 3 DTX301 results in OTC deficiency, with a...
Analysis

This announcement reports statistically significant Phase 3 DTX301 results in OTC deficiency, with an 18% ammonia reduction (p=0.018) and fewer hyperammonemic crises versus placebo. It extends Ultragenyx’s gene therapy track record alongside prior DTX401 data. Investors may watch for the second primary endpoint on treatment burden through 64 weeks, expected in the first half of 2027, and how this fits within the company’s stated 2027 profitability goals.

Key Figures

Ammonia reduction: 18% reduction vs placebo p-value: p=0.018 Treatment group size: 18 patients +5 more
8 metrics
Ammonia reduction 18% reduction vs placebo 24-hour plasma ammonia AUC0-24 at Week 36 (p=0.018)
p-value p=0.018 Primary endpoint of ammonia control at Week 36
Treatment group size 18 patients DTX301-treated patients in randomized, placebo-controlled period
Placebo group size 19 patients Placebo group in randomized, placebo-controlled period
Normalization of ammonia 8 of 9 patients Abnormal ammonia at baseline reached normal levels on DTX301
Scavenger reduction 27% mean reduction Decrease in ammonia scavenger medications at Week 36 (DTX301)
PGIC much improved 71% treated vs 0% placebo Patient global impression for OTC symptoms at Week 24
Hyperammonemic crises 5 placebo vs 1 treated Hospitalization-requiring crises and deaths during study period

Previous Clinical trial Reports

5 past events · Latest: Jan 23 (Negative)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jan 23 Phase 3 UX143 miss Negative +3.5% Orbit and Cosmic Phase 3 UX143 studies failed fracture-rate primary endpoints.
Dec 29 UX143 trial results Negative -42.3% Phase 3 UX143 trials missed primary endpoints despite bone mineral density gains.
Sep 08 DTX401 long-term data Positive -0.0% Positive 96-week DTX401 data reduced cornstarch use with maintained glycemic control.
Jul 31 GTX-102 enrollment done Positive +4.1% Completed Phase 3 Aspire enrollment for GTX-102 in Angelman Syndrome.
Jul 09 UX143 study progressing Positive -25.1% Data Monitoring Committee allowed UX143 Orbit study to proceed to final analysis.

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

Pattern Detected

Clinical trial headlines have produced mixed to negative average moves, with large downside on trial failures and muted reactions even to positive gene therapy data.

Recent Company History

Over the past year, Ultragenyx has been driven by clinical trial milestones. Phase 3 UX143 osteogenesis imperfecta studies failed primary endpoints, triggering a -42.32% move on Dec 29, 2025. In contrast, positive DTX401 gene therapy data on Sep 8, 2025 saw almost no reaction (-0.03%). Enrollment completion for GTX-102 in Angelman Syndrome on Jul 31, 2025 coincided with a +4.10% move. Today’s positive Phase 3 DTX301 OTC data fits the company’s gene therapy focus but follows a generally cautious trading history around clinical readouts.

Key Terms

aav8, gene therapy, randomized, double-blind placebo-controlled, plasma ammonia (auc0-24), +4 more
8 terms
aav8 medical
"DTX301, an investigational AAV8 gene therapy for the treatment of ornithine..."
AAV8 is a lab-made carrier derived from adeno-associated virus serotype 8 that researchers use to deliver corrective genes into patients’ cells. Think of it as a tiny, specialized delivery van that drops new genetic instructions into target tissues; its efficiency, tissue preference and safety profile strongly influence a gene therapy’s potential effectiveness, manufacturing complexity and regulatory approval risk—key factors for investors evaluating biotech programs.
gene therapy medical
"DTX301, an investigational AAV8 gene therapy for the treatment of ornithine..."
Gene therapy is a medical technique that involves altering or replacing faulty genes in a person's cells to treat or prevent disease. It is considered a promising area of innovation because it has the potential to provide long-term or even permanent solutions to genetic conditions. For investors, advancements in gene therapy can signal opportunities in biotech companies and emerging treatments with significant growth potential.
randomized, double-blind placebo-controlled medical
"At Week 36 in the randomized, double-blind placebo-controlled period of the trial..."
A randomized, double-blind placebo-controlled study is a way to test a treatment where participants are assigned by chance to either the treatment or an inactive dummy (placebo), and neither the participants nor the researchers know who got which until the study ends. Like flipping a coin to pick teams and keeping referees blind to who’s who, this design reduces mistakes and biased judgment, so results carry more weight for regulators, sales forecasts and investor confidence.
plasma ammonia (auc0-24) medical
"18% (p=0.018) reduction in 24-hour plasma ammonia (AUC0-24) compared to placebo..."
Plasma ammonia (AUC0-24) is the total amount of ammonia present in a patient’s blood over a 24‑hour period, summarized as the area under the concentration‑versus‑time curve (AUC0‑24). Investors care because it shows a therapy’s sustained effect on a key biomarker linked to safety and efficacy—similar to measuring total rainfall in a day rather than just the heaviest moment—so changes can affect dosing decisions, regulatory review and market potential.
treatment-emergent adverse events medical
"The most common treatment-emergent adverse events were mild to moderate transient..."
Events or symptoms that either appear for the first time or get worse after a patient starts a treatment; think of new or intensified side effects that show up once medicine or a medical device is used. Investors watch these closely because they affect whether a therapy can gain regulatory approval, be prescribed widely, or face legal and commercial setbacks—similar to how early customer complaints can sink a new product’s prospects.
serious adverse event (sae) medical
"One serious adverse event (SAE) of acute hepatitis was assessed as treatment-related..."
A serious adverse event (SAE) is a harmful medical outcome tied to a drug or treatment that causes death, is life‑threatening, requires or prolongs hospitalization, leads to lasting disability or birth defects, or otherwise needs urgent medical attention. For investors, SAEs act like emergency warning lights for a clinical program or product: they can pause trials, trigger regulatory scrutiny, delay approvals, and cause sharp stock moves because they affect a treatment’s safety profile and commercial prospects.
thrombotic microangiopathy medical
"No SAEs or AEs related to thrombotic microangiopathy, dorsal root ganglion toxicity..."
Thrombotic microangiopathy is a medical condition where tiny blood clots form inside the smallest blood vessels, blocking flow and damaging organs such as the kidneys and brain. Investors should care because TMA can be a serious safety signal in clinical trials or post-market reports, trigger regulatory action or product recalls, and create liability or revenue risk for companies developing or selling related therapies—think of it as microscopic plumbing clogs that can shut down vital systems.
hyperammonemic crises medical
"Hyperammonemic crises requiring hospitalization occurred five times in the placebo group..."
Extremely high levels of ammonia in the blood that rise quickly and trigger confusion, vomiting, seizures, unconsciousness or brain damage; these episodes are life‑threatening and require urgent medical care. For investors, hyperammonemic crises matter because they create clear need for emergency treatments, monitoring tools and long‑term therapies, so clinical trial results, regulatory approvals or changes in standards of care can influence patient demand, company revenue prospects and stock prices in the healthcare sector.

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

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Statistically significant improvements in primary endpoint of ammonia control compared with placebo at 36 weeks

Clinically important changes observed in patient global impression scale for overall OTC symptoms, OTC deficiency symptoms, and OTC impact on daily living

DTX301 was well tolerated with an acceptable safety profile

NOVATO, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- Today Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) announced positive results from its Phase 3 Enh3ance study of DTX301, an investigational AAV8 gene therapy for the treatment of ornithine transcarbamylase (OTC) deficiency. At Week 36 in the randomized, double-blind placebo-controlled period of the trial, DTX301-treated patients (n=18) demonstrated a statistically significant and clinically meaningful 18% (p=0.018) reduction in 24-hour plasma ammonia (AUC0-24) compared to placebo (n=19) and maintained average ammonia AUC0-24 in the normal range through Week 36. Eight of nine patients with abnormal ammonia AUC0-24 at baseline, despite optimal current drug treatment and diet restriction, reached normal ammonia levels rapidly, which were generally maintained during this treatment period.

“Given the importance of and effort made to keep ammonia levels under control in patients with OTC deficiency, the further reduction in ammonia levels in patients treated with DTX301 demonstrates the benefit of this gene therapy and of directly addressing the underlying cause of this disease,” said Eric Crombez, M.D. chief medical officer of Ultragenyx. “Importantly, the improvement in ammonia control was maintained as some patients began reducing use of alternate pathway medications and liberalizing their protein restricted diet. We are extremely encouraged by these findings given the significant medical needs faced by patients with OTC deficiency, who remain at risk for unpredictable and potentially life threatening hyperammonemic crises.”

Baseline 24-hour ammonia AUC levels were normal in 50% of DTX301-treated patients and 68% of placebo patients, who were all on current care of scavenger medications and strict dietary control of protein intake. Patients treated with DTX301 (n=18) experienced reductions in 24-hour ammonia rapidly by Week 6 and were decreased by 18% (p=0.018) compared to placebo (n=19) at Week 36. Ammonia was generally maintained in normal range in treated patients despite their mean 27% reduction in ammonia scavenger medications at Week 36 (n=18) and an approximately 13% increase in protein intake relative to no change in placebo (n=19).

Assessed at Week 24, patient global impression scale (PGIC) for OTC symptoms (total n=15 reporting) overall showed 71% of treated patients were much improved (equivalent to +3) versus 0% of placebo. For Week 24, PGIC evaluations of OTC deficiency symptoms and OTC impact on daily living (total n=30 reporting), both showed 64% were either much improved (43%) or moderately improved (21%) and on placebo only 19% were moderate[HH1] ly improved (none were much improved).

DTX301 was well tolerated with an acceptable safety profile, consistent with prior Phase 1/2 safety data. The most common treatment-emergent adverse events were mild to moderate transient hepatic reactions managed with steroids. One serious adverse event (SAE) of acute hepatitis was assessed as treatment-related and resolved with steroids. No SAEs or AEs related to thrombotic microangiopathy, dorsal root ganglion toxicity, malignancies, or other complex immune reactions. Hyperammonemic crises requiring hospitalization occurred five times in the placebo group with one death, and only one such event in the treated group and no deaths. Two patients in the placebo arm discontinued, including one death due to hyperammonemia crisis and one patient who became AAV8 antibody positive prior to crossover. One patient in the DTX301 arm discontinued after Week 36 for non-clinical reasons.

As planned, the study is continuing to its second primary endpoint which evaluates reduction in treatment burden, including use of ammonia scavengers and dietary management, across both the treatment and placebo-crossover groups following treatment with DTX301 through 64 weeks of follow-up. Data are expected in the first half of 2027. The conduct of the program is reflected in the company’s February 2026 guidance on 2026 spend and will be managed within the company goals of 2027 profitability.

About DTX301 (avalotcagene ontaparvovec)
DTX301 (avalotcagene ontaparvovec) is an investigational AAV type 8 gene therapy designed to deliver stable expression and activity of OTC following a single intravenous infusion. It has been shown in preclinical studies to normalize levels of urinary orotic acid, a marker of ammonia metabolism. DTX301 was granted Orphan Drug Designation in the United States and EU and Fast Track Designation in the United States. 

About the Enh3ance Study
The Phase 3 Enh3ance study enrolled 37 patients across 10 countries and 16 sites. Participants were randomized 1:1 between DTX301 and placebo during the 36-week Randomized Control Period (RCP), at which time study data are unblinded, and placebo patients will cross over to treatment. The primary endpoints of the study are plasma ammonia as measured by 24-hour ammonia (AUC0-24) at Week 36 and Complete Responder rate at the final study visit after DTX301 exposure, with patients from both the crossover and treatment groups followed through 64 Weeks. The Phase 3 dose for DTX301 is 1.7 x 10^13 GC/kg, as determined by the droplet digital PCR (ddPCR) test method.

About OTC Deficiency 
OTC deficiency, the most common urea cycle disorder, is caused by a genetic defect in a liver enzyme responsible for detoxification of ammonia. OTC deficiency is defined by acute hyperammonemic episodes, caused by excessive amounts of ammonia in the blood, that have a profound impact on patients’ health and quality of life, and can lead to hospitalization, cognitive and neurologic impairments, and death. Current management includes a strict diet that limits protein, and ammonia scavenger medications, which provide an alternate pathway for ammonia elimination. Current treatment may improve hyperammonemia but does not completely eliminate the risk of serious hyperammonemic crises as well as the risk of catastrophic outcomes. Many patients still have elevated excursions of their ammonia levels when evaluated over a 24 hour cycle period. It is estimated that more than 10,000 people are affected by OTC deficiency in commercially accessible geographies, of whom approximately 80% are classified as late-onset and represent a clinical spectrum of disease severity. In the late-onset form of the disease, elevated ammonia can lead to significant medical issues for patients. Approved therapies, which must be taken multiple times a day for the patient's entire life, do not eliminate the risk of future metabolic crises.

About Ultragenyx
Ultragenyx is a biopharmaceutical company committed to bringing novel products to patients for the treatment of serious rare and ultra-rare genetic diseases. The company has built a diverse portfolio of approved therapies and product candidates aimed at addressing diseases with high unmet medical need and clear biology for treatment, for which there are typically no approved therapies treating the underlying disease.

The company is led by a management team experienced in the development and commercialization of rare disease therapeutics. Ultragenyx’s strategy is predicated upon time- and cost-efficient drug development, with the goal of delivering safe and effective therapies to patients with the utmost urgency.

For more information on Ultragenyx, please visit the company's website at: www.ultragenyx.com.

Forward-Looking Statements and Use of Digital Media
Except for the historical information contained herein, the matters set forth in this press release, including statements related to the development, timing and progress of DTX301, the timing, scope and outcome of future data results from the Phase 3 study of DTX301, including data expected in the first half of 2027, future regulatory interactions related to DTX301, the safety and tolerability profile of DTX301, the potential clinical benefit of DTX301 for patients with OTC deficiency, business plans and objectives for DTX301, future clinical and regulatory developments for DTX301 and the management of development activities within the Company’s previously issued guidance on 2026 spend and its goal of achieving profitability in 2027 are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks and uncertainties that could cause our clinical development programs, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainty of clinical drug development and unpredictability and lengthy process for obtaining regulatory approvals, the risk that interim or topline clinical results may not be predictive of final study results or longer‑term outcomes, the ability of the company to successfully develop DTX301, complexities related to the development of gene therapy product candidates such as DTX301, the company’s ability to achieve its projected development goals in its expected timeframes, risks related to adverse side effects, risks related to reliance on third party partners to conduct certain activities on the company’s behalf, smaller than anticipated market opportunities for the company’s products and product candidates, manufacturing and supply risks, the ability of the company and its third party manufacturers to comply with regulatory requirements, competition from other therapies or products, and other matters that could affect sufficiency of existing cash, cash equivalents and short-term investments to fund operations, the company’s future operating results and financial performance, the timing of clinical trial activities and reporting results from same, and the availability or commercial potential of Ultragenyx’s products and drug candidates. Ultragenyx undertakes no obligation to update or revise any forward-looking statements. 

For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Ultragenyx in general, see Ultragenyx's Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on February 18, 2026, and its subsequent periodic reports filed with the SEC. 

In addition to its SEC filings, press releases and public conference calls, Ultragenyx uses its investor relations website and social media outlets to publish important information about the company, including information that may be deemed material to investors, and to comply with its disclosure obligations under Regulation FD. Financial and other information about Ultragenyx is routinely posted and is accessible on Ultragenyx’s Investor Relations website (https://ir.ultragenyx.com/) and LinkedIn website (https://www.linkedin.com/company/ultragenyx-pharmaceutical-inc-/).

Ultragenyx Contacts

Investors
Joshua Higa
ir@ultragenyx.com

Media
Jess Rowlands
media@ultragenyx.com


FAQ

What did Ultragenyx (RARE) report for DTX301 at Week 36 in March 2026?

DTX301 showed a statistically significant 18% reduction in 24-hour plasma ammonia versus placebo (p=0.018). According to the company, treated patients maintained average ammonia AUC0-24 in the normal range through Week 36 and reduced scavenger drugs.

How did DTX301 affect ammonia scavenger medication use in the Phase 3 Enh3ance study?

Patients on DTX301 reduced ammonia scavenger medications by a mean 27% at Week 36. According to the company, this reduction occurred while treated patients generally maintained normal ammonia levels and increased protein intake ~13%.

What safety findings did Ultragenyx (RARE) report for DTX301 in March 2026?

DTX301 was generally well tolerated with an acceptable safety profile; one treatment-related acute hepatitis resolved with steroids. According to the company, common events were mild-to-moderate transient hepatic reactions managed with steroids.

Did DTX301 improve patient-reported outcomes in the Phase 3 trial (RARE)?

Yes. At Week 24, 71% of treated patients reported being much improved on overall OTC symptoms versus 0% on placebo. According to the company, symptom and daily-living impact scores showed higher moderate or much improvement in treated patients.

When will Ultragenyx (RARE) report the next DTX301 data and what will it assess?

Additional data are expected in the first half of 2027 and will assess reduction in treatment burden through 64 weeks. According to the company, the second primary endpoint evaluates medication use and dietary management after DTX301 treatment.