Eledon advances tegoprubart with FDA Fast Track and LEGACY Phase 3 plans
Positive long-term data, a regulatory milestone (Fast Track), and a large Phase 3 trial start signal potential improvement in valuation and risk/reward for ELDN.
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Positive long-term data, a regulatory milestone (Fast Track), and a large Phase 3 trial start signal potential improvement in valuation and risk/reward for ELDN.
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Eledon reported longer-term BESTOW data showing tegoprubart improves kidney graft function versus tacrolimus, with a 24-month mean eGFR of 71 versus 58 mL/min/1.73 m². There were no biopsy-proven acute rejections beyond six months in tegoprubart, while seven occurred in tacrolimus. FDA Fast Track designation supports a Q4 2026 initiation of the LEGACY Phase 3 trial, potentially accelerating development and market access.
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