logo
Aurinia Announces Positive Results from Phase 1 Study of Aritinercept (AUR200)

Aurinia Announces Positive Results from Phase 1 Study of Aritinercept (AUR200)

Business Wire9 hours ago

ROCKVILLE, Md. & EDMONTON, Alberta--(BUSINESS WIRE)--Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) today announced positive results from a Phase 1 single-ascending-dose (SAD) study of aritinercept (AUR200), its dual inhibitor of B cell-activating factor (BAFF) and a proliferation-inducing ligand (APRIL). The study investigated aritinercept doses of 5 mg, 25 mg, 75 mg, 150 mg, 225 mg and 300 mg and placebo, administered by subcutaneous injection, in 61 healthy subjects.
Aritinercept was well tolerated at all dose levels tested. There were no treatment-related Grade ≥3 adverse events, there were no treatment‑related serious adverse events (SAEs) and there were no discontinuations due to treatment-related adverse events. Adverse events that occurred in more than one subject included injection site reactions (24% aritinercept, 13% placebo), headache (11% aritinercept, 7% placebo), upper respiratory tract infection (7% aritinercept, 0% placebo) and back pain (4% aritinercept, 0% placebo). All injection site reactions were Grade 1.
Single doses of aritinercept led to robust and long-lasting reductions in immunoglobulins (antibodies). Specifically, mean reductions from baseline to Day 28 of up to 48%, 55% and 20% were observed for immunoglobulin A (IgA), immunoglobulin M (IgM) and immunoglobulin G (IgG), respectively.
'Dual inhibition of BAFF and APRIL to modulate B cells, including plasma cells, holds great promise in the treatment of a wide range of autoimmune immune diseases where these cells produce disease-causing autoantibodies,' said Dr. Greg Keenan, Chief Medical Officer of Aurinia. 'Based on today's positive results, which indicate robust and long‑lasting pharmacodynamic effects supportive of once-monthly dosing, we plan to initiate clinical studies of aritinercept in at least two autoimmune diseases in the second half of this year.'
Webcast & Conference Call Details
A webcast and conference call will be hosted today, June 30, at 8:30 a.m. ET. The link to the webcast is available here. To join the conference call, please dial 877-407-9170/+1 201-493-6756. Click here for participant International Toll-Free access numbers. A replay of the webcast will be available on Aurinia's website.
About Aurinia
Aurinia is a biopharmaceutical company focused on delivering therapies to people living with autoimmune diseases with high unmet medical needs. In January 2021, the Company introduced LUPKYNIS ® (voclosporin), the first FDA‑approved oral therapy for the treatment of adult patients with active lupus nephritis. Aurinia is also developing aritinercept (AUR200), a dual inhibitor of B cell-activating factor (BAFF) and a proliferation-inducing ligand (APRIL) for the potential treatment of autoimmune diseases.
Forward-Looking Statements
This press release contains forward-looking information within the meaning of applicable Canadian securities law and forward-looking statements within the meaning of applicable U.S. securities law. We caution investors that forward-looking statements are based on management's expectations and assumptions as of the date of this press release and involve substantial risks and uncertainties that could cause the actual outcomes to differ materially from what we currently expect. These risks and uncertainties include, but are not limited to, those associated with the development of aritinercept and other risks and uncertainties identified in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements in this press release apply only as of the date made, and we undertake no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances. Additional information related to Aurinia, including a detailed list of the risks and uncertainties affecting Aurinia and its business, can be found in Aurinia's most recent Annual Report on Form 10-K and its other public available filings available by accessing the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedarplus.ca or the U.S. Securities and Exchange Commission's Electronic Document Gathering and Retrieval System (EDGAR) website at www.sec.gov/edgar, and on Aurinia's website at www.auriniapharma.com.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Arbor Day Foundation: 30% of Tree Projects Related to Extreme Heat in 2024
Arbor Day Foundation: 30% of Tree Projects Related to Extreme Heat in 2024

Business Wire

time32 minutes ago

  • Business Wire

Arbor Day Foundation: 30% of Tree Projects Related to Extreme Heat in 2024

LINCOLN, Neb.--(BUSINESS WIRE)--New data shows that last year, nearly one-third of the Arbor Day Foundation's tree planting work in cities and towns was related to addressing extreme heat. 'Communities are struggling to endure the pressures of rising heat and they're reaching for trees as a way to cope. This data is a validator of trees in their role as critical infrastructure. In our world's cities, trees are a 'must-have', not just a 'nice-to-have',' said Dan Lambe, chief executive of the Arbor Day Foundation. 'As the rate of extreme heat increases, so must our response. The Arbor Day Foundation is focused on leveraging the latest data and technology to help reach communities in need. Alongside our global network of planting partners, we're meeting the moment with action.' The new data analysis from the Arbor Day Foundation revealed last year's 115 heat-related projects resulted in more than 52,000 trees planted or distributed with the specific aim of creating cooling. These trees were brought into front yards, back yards, city streets, parks, playgrounds, and school campuses across 27 U.S. states and seven additional countries. Trees planted in cities and neighborhoods have the power to reduce life-threatening heat by up to 10 degrees Fahrenheit and improve air quality worsened by the heat. According to the World Meteorological Organization, the last 10 years have been the hottest years on the planet, with 2024 being the hottest ever recorded. The rising heat has proven deadly. The National Weather Service estimates extreme heat accounts for more deaths annually in the U.S. than every other natural disaster combined. Additionally, extreme heat is proven to increase hospitalizations related to cardiovascular and respiratory illnesses. In total in 2024, the Arbor Day Foundation planted or distributed a combined 1.5 million trees across 409 tree planting projects in cities and towns. In addition to extreme heat, projects helped to improve air quality, support disaster recovery efforts, establish food forests, and grow green spaces in undercanopied areas. The work was accomplished in collaboration with 235 local planting partners in 46 U.S. states and 28 countries. Click here to learn more about how the Arbor Day Foundation leverages data, science and mapping to focus its work in communities where extreme heat has a disproportionate impact. About the Arbor Day Foundation The Arbor Day Foundation is a global nonprofit inspiring people to plant, nurture, and celebrate trees. They foster a growing community of more than 1 million leaders, innovators, planters, and supporters united by their bold belief that a more hopeful future can be shaped through the power of trees. For more than 50 years, they've answered critical need with action, planting more than half a billion trees alongside their partners. And this is only the beginning. The Arbor Day Foundation is a 501(c)(3) nonprofit pursuing a future where all life flourishes through the power of trees. Learn more at

Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station
Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station

Business Wire

time32 minutes ago

  • Business Wire

Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful installation of Clifton-8, the first 6-meter tracking antenna dedicated to its upcoming C-3 mobile satellite system, officially kicking off a sweeping global expansion of Globalstar's ground infrastructure related to the new Extended MSS Network. The inaugural installation at the Company's largest and longest-operating ground station in Clifton, Texas, marks the beginning of a months-long process to install more than 90 new antennas across approximately 35 ground stations in 25 countries and territories. This initiative includes not only major upgrades to existing sites but also the construction of entirely new ground stations, further strengthening the Company's ability to deliver resilient, high-performance satellite connectivity. With more than two decades of continuous service, the Clifton station plays a critical role in supporting coverage across the continental U.S., Mexico, and Canada. Clifton-8 is the eighth tracking antenna installed at this site and the first of five new antennas planned to support the C-3 system, representing a significant investment in the functionality, capacity, and future-proofing of Globalstar's satellite network. 'As Globalstar drives forward with its plans to launch its technologically advanced Extended MSS Network, it is essential that the ground infrastructure to support that system be installed and licensed to operate,' said L. Barbee Ponder, General Counsel & Vice President of Regulatory Affairs. 'The installation and operation of Clifton-8 is the first step in a global expansion of our ground infrastructure designed to support our next generation of mobile satellite services to hundreds of millions of people around the world.' About Globalstar, Inc. Globalstar empowers its customers to connect, transmit, and communicate smarter – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company's low Earth orbit ("LEO") satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar's terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar's XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation Internet of Things ("IoT") hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability. For more information, visit

Macquarie Asset Management Launches Health Wave Partners, a Senior Housing Platform
Macquarie Asset Management Launches Health Wave Partners, a Senior Housing Platform

Yahoo

timean hour ago

  • Yahoo

Macquarie Asset Management Launches Health Wave Partners, a Senior Housing Platform

Health Wave Partners strategy will focus on compelling investment opportunities in the senior housing sector Strategic partnership with Macquarie Asset Management enables investment in high-quality properties and partnerships with experienced operators in regions with strong demographic and economic fundamentals NEW YORK, June 30, 2025--(BUSINESS WIRE)--Today, Macquarie Asset Management announced the launch of Health Wave Partners, a senior housing platform with a strategy aimed at targeting investments in modern senior housing assets alongside established operators. The platform will be led by a management team that comprises: John Cobb, Chief Executive Officer Philip Kayden, Chief Investment Officer Elliot Pessis, Chief Operating Officer Sean O'Malley, Managing Director, Finance Holden Torrens, Director of Investments The management team collectively brings more than 75 years of experience in the senior housing sector and has collectively been involved in over $US50 billion worth of healthcare real estate transactions. Health Wave Partners will aim to capitalize on the strength of Macquarie Asset Management's extensive experience and demonstrated track record of growing and institutionalizing specialist operators by partnering with global institutions in an effort to seize this opportunity and deliver attractive risk-adjusted returns. Macquarie Asset Management's real estate team believes the senior housing sector is poised for growth given a shift in demographics driving demand and a current undersupply. In the U.S., the aging baby boomer generation is set to expand the population aged 80+ at the fastest pace in history, materially outpacing new senior housing supply. This shift comes as higher interest rates and building costs have led to a rapid deceleration in construction. "We have extensive experience in targeting sectors bolstered by structural tailwinds and selecting the optimal team within those sectors to partner with," said Eric Wurtzebach, Head of Real Estate for Macquarie Asset Management. "We believe Health Wave Partners is uniquely positioned to access pipeline and mitigate execution risks." "Health Wave Partners will focus on investing in what it views to be high-quality properties and partner with experienced operators in regions with strong demographic and economic fundamentals," said John Cobb, CEO of Health Wave Partners. "We believe our team's expertise and strategic partnership with Macquarie Asset Management positions us for success and are excited to pursue what we believe is a strong opportunity in the market." Macquarie Asset Management has over 35 years of experience in the real estate sector and a current network of 15 specialist operator investments globally, offering clients access to a differentiated approach and local market expertise by investing in and partnering with specialist operators to create opportunities in hard-to-access sectors. About Macquarie Asset Management Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately $US588.1 billion in assets, we provide a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset. Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 20,000 people in 34 markets and is listed on the Australian Securities Exchange. All figures as of 31 March 2025. About Health Wave Partners Health Wave Partners is a Chicago-based housing platform, investing to deliver modern, best-in-class accommodation for seniors alongside experienced operators. It is supported in this goal through its strategic partnership with Macquarie Asset Management (MAM). MAM's differentiated real estate strategy focuses on investing into specialist operating platforms. Through the partnership, Health Wave Partners is supported by access to MAM's deep resources and expertise. Health Wave Partners' highly experienced team invests in high-quality properties and experienced operators in regions with strong demographic and economic fundamentals to deliver compelling risk-adjusted returns. View source version on Contacts Lee +1-347-302-3000 Rachel +1-310-800-4512 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store