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CLYM
NASDAQ Life Sciences

Climb Bio Reports Positive Phase 1b Data for Budoprutug in ITP

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Biotech Stocks · Healthcare
Sentiment info
Positive
Importance info
8
Price
$11.16
Mkt Cap
$639.027M
52W Low
$1.16
52W High
$12.48
52W Position info
862% above low
Off High info
11% below high
Rel. Volume info
0.2× avg
Market data snapshot near publication time

CLYM has more than doubled off its 52-week low of $1.16 on light trading volume (0.2× avg).

Summary

Climb Bio reported positive Phase 1b clinical trial results for its lead drug candidate, budoprutug, in patients with primary immune thrombocytopenia (ITP), showing good safety and promising efficacy.


Key Events · Product Development and Regulatory · CLYM

  • Positive Phase 1b Clinical Data

    Climb Bio announced initial positive data from the Phase 1b portion of its study evaluating intravenous budoprutug in adults with primary ITP.

  • Favorable Safety Profile

    Budoprutug was generally well tolerated at 250 mg and 500 mg doses, with no serious adverse events or treatment discontinuations.

  • Encouraging Efficacy Signals

    In the 250 mg cohort, patients showed over 90% B-cell depletion, a mean platelet count increase of 111,000 platelets/µL, and durable platelet responses in 4 out of 6 patients, including those previously treated with rituximab.

  • Continued Clinical Development

    The results support ongoing clinical evaluation of budoprutug in ITP, with enrollment continuing in the 1000 mg cohort and additional data expected by year-end 2026.


Analysis · CLYM · Life Sciences

Climb Bio announced encouraging Phase 1b clinical data for its lead asset, budoprutug, in primary immune thrombocytopenia (ITP). The drug demonstrated a favorable safety profile and promising efficacy signals, including durable platelet responses and activity in heavily pretreated patients, some of whom had failed prior rituximab therapy. This positive data significantly de-risks the intravenous formulation of budoprutug and supports its continued development, building on the company's recent positive news flow and strong cash position.

At the time of this filing, CLYM was trading at $11.16 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $639M. The 52-week trading range was $1.16 to $12.48. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.

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CLYM - Latest Insights

CLYM
Jul 07, 2026, 4:41 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
7
Price at Filing: $13.65
Real-time Price: $12.84 info
Change: -$0.810 (-6%) info
Market Cap: $735.257M info
CLYM
Jun 12, 2026, 4:36 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $11.44
Real-time Price: $12.84 info
Change: +$1.40 (+12%) info
Market Cap: $735.257M info
CLYM
Jun 12, 2026, 4:22 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $11.44
Real-time Price: $12.84 info
Change: +$1.40 (+12%) info
Market Cap: $735.257M info
CLYM
Jun 11, 2026, 7:23 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $10.91
Real-time Price: $12.84 info
Change: +$1.93 (+18%) info
Market Cap: $735.257M info
CLYM
Jun 09, 2026, 4:24 PM EDT
Filing Type: 424B3
Importance Score:
8
Price at Filing: $10.92
Real-time Price: $12.84 info
Change: +$1.92 (+18%) info
Market Cap: $735.257M info