Protagonist Therapeutics Inc. (PTGX)
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Protagonist Therapeutics, Inc. (PTGX) Discusses FDA Approval of Mimrylo for Erythrocytosis in Polycythemia Vera Transcript
Protagonist Therapeutics, Inc. (PTGX) Discusses FDA Approval of Mimrylo for Erythrocytosis in Polycythemia Vera Transcript
Protagonist Wins FDA Approval for MIMRYLO in Rare Blood Cancer Treatment
Protagonist Therapeutics NASDAQ: PTGX said the U.S. Food and Drug Administration has approved rusfertide, to be marketed as MIMRYLO, for the treatment of erythrocytosis in adults with polycythemia vera, or PV.
Protagonist Therapeutics: "Strong Buy" ICOTYDE FDA Approval And PN-881 Advancement
Protagonist Therapeutics (PTGX) maintains a "Strong Buy" rating, driven by FDA approval of ICOTYDE for moderate-to-severe plaque psoriasis and strong partnership economics. Company is advancing rusfertide for polycythemia vera, with FDA Priority Review decision expected August 2026 and substantial milestone and royalty potential from Takeda. Development pipeline includes oral IL-17 antagonist PN-881 for psoriasis and other inflammatory disorders, with phase 2b study initiation planned for Q1 2027.
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Protagonist Therapeutics Inc. Profile
| Biotechnology Industry | Healthcare Sector | Dinesh V. Patel CEO | XMEX Exchange | US74366E1029 ISIN |
| US Country | 141 Employees | - Last Dividend | - Last Split | 11 Aug 2016 IPO Date |
Overview
Protagonist Therapeutics, Inc. is a biopharmaceutical company focused on the development of peptide-based drugs to address unmet medical needs in the areas of hematology and blood disorders, as well as inflammatory and immunomodulatory diseases. Incorporated in 2006, the company has dedicated its research and development efforts to create innovative treatments, leveraging its expertise in peptide technology. Headquartered in Newark, California, Protagonist Therapeutics stands at the forefront of drug development, working in collaboration with industry leaders such as Takeda and JNJ Innovative Medicines to bring new therapies to market.
Products and Services
List of key developmental drugs and collaborations:
- Rusfertide (PTG-300): An injectable hepcidin mimetic designed for the treatment of polycythemia vera and other blood disorders. Rusfertide has completed phase 2 clinical trials, showing promise as a novel therapeutic option. This development is part of a licensing and commercialization agreement with Takeda, aiming to make a significant impact on patients' lives by addressing the unmet needs in hematology.
- JNJ-2113: This orally delivered investigational drug is designed to block biological pathways involved in moderate-to-severe plaque psoriasis. Having completed phase 2b clinical trials, JNJ-2113 is developed in collaboration with JNJ Innovative Medicines. The partnership focuses on co-developing this Interleukin-23 receptor antagonist compound, which represents a novel approach to treating inflammatory diseases.
- PN-943: An orally delivered, gut-restricted alpha 4 beta 7 specific integrin antagonist, PN-943 has completed a phase 2 clinical trial for patients with moderate to severe ulcerative colitis. This drug aims to offer a targeted therapeutic approach, reducing the systemic side effects often associated with current treatments for this chronic and debilitating condition.
