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Climb Bio (CLYM) investor relations material

Climb Bio Piper Sandler 37th Annual Healthcare Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Piper Sandler 37th Annual Healthcare Conference summary2 Dec, 2025

Key milestones and upcoming data

  • 2026 will be pivotal with multiple data readouts for two clinical-stage monoclonal antibodies targeting rare autoimmune diseases.

  • Budoprutug (CD19 mAb) will have subQ formulation data in healthy volunteers in H1 2026, and ITP/SLE data in H2 2026.

  • CLYM116 (anti-APRIL) for IgA nephropathy will have healthy volunteer data mid-2026.

  • Additional milestones and indication strategy updates are expected in the coming months.

  • Dose-ranging studies will inform phase III dose selection across all three indications.

Program differentiation and strategy

  • Budoprutug is one of only two CD19 mAbs in clinical development, with high affinity and subQ formulation for broader patient access.

  • Indications chosen include PMN (lead), ITP, and SLE, all with high unmet needs and commercial potential.

  • PMN has no approved therapies and represents a significant opportunity; regulatory path is clear with a single 150-patient registrational study.

  • ITP and SLE development will depend on achieving meaningful clinical benefit and safety, with high bars for further advancement.

  • Dose optimization is tailored to each indication, with subQ formulation planned for phase III if advanced.

Clinical development and data expectations

  • PMN efficacy will be measured by rapid and high rates of proteinuria reduction and renal response.

  • ITP success will be defined by durable remission and increased platelet counts, reducing need for chronic therapy.

  • SLE program focuses on safety, immune reset, and identifying responsive subtypes, especially renal.

  • Dose selection is informed by deep B-cell depletion and biomarker analysis, not just peripheral B-cell suppression.

  • SubQ Budo PK/PD data will be available in H1 2026, guiding phase III planning.

Budo: ITP/SLE data bar vs PMN
How will 116's sweeper mechanism be demonstrated?
What drives Budo's dose selection strategy?
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Q4 202527 Mar, 2026
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Eliem Therapeutics, Inc. is a biotechnology company focused on developing therapies for neuronal excitability disorders, which are associated with conditions like chronic pain, epilepsy, depression, and anxiety. The company’s approach involves advancing clinical-stage compounds that target neurological diseases, aiming to address significant unmet medical needs. Eliem Therapeutics is headquartered in Wilmington, Delaware, and its shares are listed on the NASDAQ.

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