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Concert Pharma Sees US Application Submission For Patchy Hair Loss Candidate In 2023

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  • Concert Pharmaceuticals Inc (NASDAQ: CNCE) has announced updated data from its ongoing open-label, long-term extension study of CTP-543 in patients with moderate to severe alopecia areata.

  • Alopecia areata is an autoimmune disorder that results in patchy or complete hair loss.

  • The data showed that relative to the previous Phase 2 study results of CTP-543, hair regrowth was maintained or improved in the majority of patients through one year of continuous dosing with 12 mg twice-daily of CTP-543.

  • Approximately 57% of participants receiving 12 mg of CTP-543 twice-daily following 52 weeks of dosing achieved a clinically meaningful disease severity score of 20 or less.

  • Dosing in the long-term extension study is ongoing, and patients completing the ongoing Phase 3 THRIVE-AA trials are eligible to enroll in the study.

  • These data will be presented virtually during the virtual JAK Inhibitors Drug Development Summit.

  • The company plans to file a marketing application in early 2023.

  • Price Action: CNCE shares are down 2.65% at $4.11 during the market session on the last check Thursday.

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