Spyre Therapeutics Stock Soars as SPY001 Shows Promising Phase 2 Results in Ulcerative Colitis Study

April 13, 2026
Spyre Therapeutics Stock Soars as SPY001 Shows Promising Phase 2 Results in Ulcerative Colitis Study
  • Spyre Therapeutics reported early positive Phase 2 results for SPY001 in ulcerative colitis, with SKYLINE Part A showing safety and the primary endpoint met.

  • The news drove a roughly 25% jump in Spyre's stock after the Phase 2 results were announced.

  • Recruitment for Part A has closed and Part B is now enrolling, evaluating three monotherapy cohorts and three combination cohorts of SPY001 with SPY002 and SPY003.

  • SPY001 is being developed as a potential improvement over existing anti-alpha4beta7 therapies.

  • Spyre’s release notes AI-assisted article generation and editorial review of the announcement.

  • In 12-week Part A data, SPY001 achieved a statistically significant 9.2-point reduction in the Robarts Histopathology Index, indicating histological improvement.

  • The SKYLINE Part A trial enrolled 43 patients; SPY001 showed a safety profile consistent with anti-alpha4beta7 antibodies, with six treatment-emergent adverse events during induction, one unrelated serious AE, and back pain most common (in two patients).

  • STAT+ exclusive coverage notes that full data require a subscription, with publicly available excerpts confirming initial positive results but not the complete data set.

  • Secondary endpoints showed a 40% clinical remission rate and 51% endoscopic improvement, alongside a 3.7-point decline in the Modified Mayo Score from baseline.

  • Analysts expect proof-of-concept induction data for SPY002 in mid-2026 and SPY003 in Q3 2026, with Part B induction data for all cohorts on track for 2027.

  • The announcement covers one of Spyre’s three drug candidates and signals potential progression toward broader development and competition in ulcerative colitis.

  • Across SKYLINE Part A, SPY001 yielded an average 9.2-point drop in disease activity and about 40% of participants achieved remission after 12 weeks.

Summary based on 2 sources


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