PYC Therapeutics Starts Phase 1b Multiple Ascending Dose Study in Polycystic Kidney Disease; Shares Up Nearly 5%
PYC Therapeutics (ASX:PYC) started a phase 1b multiple ascending dose study in patients with polycystic kidney disease, with the dosing of the first patient with its drug candidate, PYC-003, completed, according to a Thursday Australian bourse filing.The study will seek to determine the safety/tolerability profile and optimal repeat dosing regimen of PYC-003 before a proposed transition to a registrational combined phase 2/3 trial.It will also measure other endpoints, including urinary PC1 protein levels, total kidney volume on magnetic resonance imaging, and the estimated glomerular filtration rate, per the filing.The company's shares gained nearly 5% in recent Thursday trade.