Dutch rare diseases biotech firm ProQR Therapeutics (Nasdaq: PRQR) saw its share rise as much as 11% in early trading today, after it announced encouraging results from a planned analysis of its Phase I/II Stellar trial of QR-421a in adults with Usher syndrome and non-syndromic retinitis pigmentosa (nsRP) due to USH2A exon 13 mutations.
In the trial, QR-421a demonstrated benefit on multiple measures of vision that moved in concordance, including visual acuity, visual fields, and optical coherence tomography (OCT) retinal imaging, after a single dose. QR-421a was observed to be well tolerated with no serious adverse events reported. Based on these findings, the company plans to advance QR-421a to two parallel pivotal Phase II/III trials by year end 2021 – one in early-moderate patients, one in advanced patients.
Early last year, the US Food and Drug Administration awarded a Rare Pediatric disease designation for QR-421a, designed to address the underlying cause of vision loss related to this type of genetic abnormality.
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