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VYNE Therapeutics Announces Topline Results from Phase 2b Trial with Repibresib Gel in Nonsegmental Vitiligo

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VYNE Therapeutics (Nasdaq: VYNE) reported disappointing topline results from its Phase 2b trial of Repibresib gel for nonsegmental vitiligo. The trial, involving 177 subjects, failed to meet its primary endpoint of F-VASI50 and key secondary endpoint of F-VASI75 at week 24 compared to vehicle.

Despite missing main endpoints, the 3% concentration showed nominally significant effects in secondary endpoints: -43.6% change from baseline in F-VASI score (vs. -25.6% vehicle) and -28.3% in T-VASI score (vs. -16.2% vehicle). Results were impacted by an unusually high vehicle effect and higher dropout rates in active arms (36.6% for 3% concentration vs. 10.6% for vehicle).

The company will terminate the trial's extension phase and seek an external partner for Repibresib's continued development. VYNE reported approximately $39.6 million in cash and equivalents as of June 30, 2025.

VYNE Therapeutics (Nasdaq: VYNE) ha riportato risultati deludenti dalla sua sperimentazione di fase 2b con il gel Repibresib per la vitiligine non segmentale. Lo studio, che ha coinvolto 177 soggetti, non ha raggiunto l'endpoint primario F-VASI50 né il principale endpoint secondario F-VASI75 alla settimana 24 rispetto al veicolo.

Nonostante il mancato raggiungimento degli endpoint principali, la concentrazione al 3% ha mostrato effetti nominalmente significativi negli endpoint secondari: una riduzione del 43,6% rispetto al basale nel punteggio F-VASI (contro il 25,6% del veicolo) e del 28,3% nel punteggio T-VASI (contro il 16,2% del veicolo). I risultati sono stati influenzati da un effetto veicolo insolitamente elevato e da tassi di abbandono più alti nei gruppi attivi (36,6% per la concentrazione al 3% contro il 10,6% per il veicolo).

L'azienda interromperà la fase di estensione dello studio e cercherà un partner esterno per lo sviluppo futuro di Repibresib. Al 30 giugno 2025, VYNE ha riportato circa 39,6 milioni di dollari in liquidità e equivalenti.

VYNE Therapeutics (Nasdaq: VYNE) informó resultados decepcionantes en la línea principal de su ensayo de fase 2b con gel de Repibresib para vitiligo no segmentario. El ensayo, que incluyó a 177 sujetos, no logró alcanzar el endpoint primario F-VASI50 ni el endpoint secundario clave F-VASI75 en la semana 24 en comparación con el vehículo.

A pesar de no alcanzar los endpoints principales, la concentración al 3% mostró efectos nominalmente significativos en los endpoints secundarios: un cambio del -43.6% desde la línea base en la puntuación F-VASI (vs. -25.6% con vehículo) y -28.3% en la puntuación T-VASI (vs. -16.2% con vehículo). Los resultados se vieron afectados por un efecto vehículo inusualmente alto y mayores tasas de abandono en los grupos activos (36.6% para la concentración al 3% vs. 10.6% para vehículo).

La compañía terminará la fase de extensión del ensayo y buscará un socio externo para el desarrollo continuado de Repibresib. VYNE reportó aproximadamente 39.6 millones de dólares en efectivo y equivalentes al 30 de junio de 2025.

VYNE Therapeutics (나스�: VYNE)� 비분절성 백반� 치료� Repibresib 젤의 2b� 임상시험에서 실망스러� 주요 결과� 보고했습니다. 177명의 피험자가 참여� 이번 시험은 24주차� 차량 대� 1� 평가변수인 F-VASI50� 주요 2� 평가변수인 F-VASI75� 충족하지 못했습니�.

주요 평가변수를 달성하지 못했음에� 불구하고, 3% 농도� 2� 평가변수에� 명목� 유의미한 효과� 보였습니�: F-VASI 점수� 기준� 대� -43.6% 변�(차량 대� -25.6%), T-VASI 점수� -28.3%(차량 대� -16.2%) 감소했습니다. 결과� 비정상적으로 높은 차량 효과와 활성군의 높은 중도 탈락�(3% 농도 36.6% vs. 차량 10.6%)� 의해 영향� 받았습니�.

회사� 시험 연장 단계� 종료하고 Repibresib� 지속적� 개발� 위해 외부 파트너를 찾을 예정입니�. VYNE� 2025� 6� 30� 기준 � 3,960� 달러� 현금 � 현금� 자산� 보고했습니다.

VYNE Therapeutics (Nasdaq : VYNE) a annoncé des résultats décevants pour son essai de phase 2b du gel Repibresib dans le vitiligo non segmentaire. L'étude, impliquant 177 sujets, n'a pas atteint son critère d'évaluation principal F-VASI50 ni le critère secondaire clé F-VASI75 à la semaine 24 par rapport au véhicule.

Malgré l'échec des critères principaux, la concentration à 3 % a montré des effets nominalement significatifs sur les critères secondaires : une réduction de 43,6 % par rapport au départ du score F-VASI (contre 25,6 % pour le véhicule) et de 28,3 % pour le score T-VASI (contre 16,2 % pour le véhicule). Les résultats ont été affectés par un effet véhicule anormalement élevé et des taux d'abandon plus élevés dans les groupes actifs (36,6 % pour la concentration à 3 % contre 10,6 % pour le véhicule).

L'entreprise mettra fin à la phase d'extension de l'essai et cherchera un partenaire externe pour poursuivre le développement de Repibresib. VYNE a déclaré disposer d'environ 39,6 millions de dollars en liquidités et équivalents au 30 juin 2025.

VYNE Therapeutics (Nasdaq: VYNE) meldete enttäuschende Ergebnisse aus der Phase-2b-Studie mit Repibresib-Gel bei nicht-segmentalem Vitiligo. Die Studie mit 177 Teilnehmern verfehlte den primären Endpunkt F-VASI50 sowie den wichtigsten sekundären Endpunkt F-VASI75 nach 24 Wochen im Vergleich zum Vehikel.

Trotz des Verfehlens der Hauptendpunkte zeigte die 3%-Konzentration nominal signifikante Effekte bei sekundären Endpunkten: eine Veränderung des F-VASI-Scores von -43,6% gegenüber dem Ausgangswert (vs. -25,6% Vehikel) und -28,3% beim T-VASI-Score (vs. -16,2% Vehikel). Die Ergebnisse wurden durch einen ungewöhnlich hohen Vehikel-Effekt und höhere Abbruchraten in den aktiven Gruppen beeinflusst (36,6% bei 3% Konzentration vs. 10,6% beim Vehikel).

Das Unternehmen wird die Verlängerungsphase der Studie abbrechen und einen externen Partner für die weitere Entwicklung von Repibresib suchen. VYNE berichtete über ca. 39,6 Millionen US-Dollar an liquiden Mitteln und Äquivalenten zum 30. Juni 2025.

Positive
  • None.
Negative
  • Failed to meet primary endpoint (F-VASI50) and key secondary endpoint (F-VASI75)
  • High discontinuation rate in active arms (36.6% for 3% concentration vs 10.6% for vehicle)
  • Higher rate of treatment emergent adverse events compared to vehicle
  • Company forced to terminate trial extension phase
  • Need to seek external partner for continued development

Insights

VYNE's vitiligo treatment failed primary endpoints with unexpectedly high vehicle response; company terminating extension trial despite some secondary endpoint benefits.

VYNE Therapeutics' Phase 2b trial evaluating Repibresib gel for nonsegmental vitiligo has failed to meet its primary endpoint of F-VASI50 (facial repigmentation of at least 50%) and the key secondary endpoint of F-VASI75. The highest concentration (3%) achieved 19.5% F-VASI50 response versus 23.4% for vehicle (placebo), falling short of statistical significance.

Despite the primary endpoint miss, the 3% concentration did show nominally statistically significant improvements in two other measures: percent change from baseline in F-VASI (-43.6% vs -25.6% for vehicle, p=0.0020) and T-VASI (-28.3% vs -16.2%, p=0.0436). These results suggest some biological activity, but the overall efficacy profile is compromised.

Two critical factors undermined the trial results: an unusually high vehicle (placebo) effect and disproportionate dropout rates between active treatment (26.1-36.6%) and vehicle (10.6%). This imbalance likely skewed the intent-to-treat analysis, as patients who discontinued were counted as non-responders.

The safety profile revealed higher rates of application site adverse events with Repibresib compared to vehicle, with application site pain being most common (3% concentration: 14.0% vs vehicle: 3.8%). Eight subjects on active treatment discontinued due to adverse events versus none on vehicle, further contributing to the high dropout rate.

Based on these disappointing results, VYNE is terminating the extension phase of the trial and shifting strategy to seek an external development partner for Repibresib while refocusing on their broader InhiBET� platform. With $39.6 million in cash as of June 30, 2025, the company will need to carefully manage resources while pivoting their clinical development strategy.

Trial Did Not Meet Primary Endpoint or Key Secondary Endpoint of F-VASI50 and F-VASI75

Nominally Statistically Significant Effects Observed in Key Secondary and Exploratory Endpoints of Change from Baseline in F-VASI and T-VASI at 3% Concentration

Company Will Terminate Extension Phase of Trial and Seek External Partner for Continued Development of Repibresib

BRIDGEWATER, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- VYNE Therapeutics Inc. (Nasdaq: VYNE) (“VYNE� or the “Company�), a clinical-stage biopharmaceutical company focused on developing differentiated therapies to treat chronic inflammatory and immune-mediated conditions with high unmet need, today announced topline results from its Phase 2b trial evaluating Repibresib gel in nonsegmental vitiligo.

The trial, which evaluated 177 subjects, did not meet its primary endpoint of the proportion of subjects achieving an improvement in Facial Vitiligo Area Scoring Index of at least 50% from baseline (F-VASI50) at week 24 compared to vehicle. The trial also missed a key secondary endpoint of F-VASI75. However, the trial showed a nominally statistically significant treatment effect for the highest dose cohort in a key secondary endpoint, percent change-from-baseline (CFB) in F-VASI score at week 24 compared to vehicle (Repibresib 3%: -43.6% v. Vehicle: -25.6%), and an exploratory endpoint of percent CFB in T-VASI score at week 24 compared to vehicle (Repibresib 3%: -28.3% v. Vehicle: -16.2%). In evaluating the results of the trial, the Company believes the results were impacted by an unusually high vehicle effect and further impacted by a higher-than-expected dropout rate in the active arms of the trial relative to vehicle (Repibresib 3%: 36.6%; Repibresib 2%: 30.2%; Repibresib 1%: 26.1% and vehicle: 10.6%). Based on these data, the company will discontinue treatment in the ongoing extension phase of the trial and will terminate the trial.

The Phase 2b trial was a randomized double-blind, vehicle-controlled, multi-center trial that evaluated the safety and efficacy of Repibresib dosed once daily (QD) at 1%, 2% and 3% concentrations, versus vehicle in 177 subjects (mITT population) with nonsegmental vitiligo. The trial was conducted at 45 sites in North America and assessed various efficacy endpoints, including the primary endpoint of the proportion of subjects achieving F-VASI50 at Week 24 versus vehicle, as well as key secondary endpoints, which included the proportion of subjects achieving F-VASI75 at Week 24, percent CFB in F-VASI score at week 24 and exploratory endpoints including percent CFB in T-VASI score at week 24.

“We are disappointed with the results of our Phase 2b trial, which were impacted by an unexpectedly high treatment effect in the vehicle arm and a high discontinuation rate in the active arms,� said David Domzalski, President and Chief Executive Officer of VYNE. “Although we missed our F-VASI50 and F-VASI75 endpoints, we did see a meaningful reduction in the percent change from baseline in both F-VASI and T-VASI for our highest dose and are conducting a thorough evaluation of the full dataset to analyze any other data that may inform the results and our strategic next steps. Vitiligo remains an area of significant unmet need and we are grateful to the patients, investigators, and clinical staff who participated in the trial. Despite this outcome, we remain confident in the potential of our InhiBET™BET inhibitor platform as a promising and innovative mechanistic approach for the treatment of a broad range of serious immune-mediated diseases. We intend to seek a development and commercialization partner for Repibresib and we will provide an update on our plans, including those for our oral BET inhibitor VYN202, in the coming weeks.�

While the Company has not finalized its full financial results for the quarter ended June 30, 2025, the Company expects to report that it had cash, cash equivalents and investments of approximately $39.6 million (unaudited) as of June 30, 2025.

Primary endpoint: proportion of subjects achieving F-VASI50 at Week 24 versus vehicle in modified intent to treat population (mITT)

Endpoint at Week 24
Repibresib 3%Repibresib 2%Repibresib 1%Vehicle
(N=41)(N=43)(N=46)(N=47)
Proportion of Subjects Achieving F-VASI5019.5%16.3%17.4%23.4%
P-Value0.12450.64970.9718


Key Secondary and Exploratory Endpoints

Proportion of subjects achieving F-VASI75 at Week 24 (mITT)

Endpoint at Week 24
Repibresib 3% Repibresib 2% Repibresib 1% Vehicle
(N=41)(N=43)(N=46)(N=47)
Proportion of Subjects Achieving F-VASI759.8%7.0%10.9%6.4%
P-Value0.14680.40960.2946


Percent Change from Baseline (% CFB) in F-VASI at Week 24 (mITT)

Endpoint at Week 24
Repibresib 3% Repibresib 2% Repibresib 1% Vehicle
(N=41)(N=43)(N=46)(N=47)
Mean Percent Change from Baseline in F-VASI, % (SD)-43.6 (5.7)-25.7 (5.7)-30.2 (5.2)-25.6 (4.9)
P-Value0.00200.98920.4002


Percent Change from Baseline (% CFB) in T-VASI at Week 24 (mITT)

Endpoint at Week 24
Repibresib 3% Repibresib 2% Repibresib 1% Vehicle
(N=41)(N=43)(N=46)(N=47)
Mean Percent Change from Baseline in T-VASI, % (SD)-28.3 (6.1)-15.2 (6.1)-16.4 (5.2)-16.2 (4.9)
P-Value0.04360.87570.9670


Safety and Tolerability

There was a higher rate of treatment emergent adverse events (TEAE) for subjects receiving Repibresib gel compared to vehicle. The most common TEAEs (>5%) were cutaneous in nature. The most frequent adverse event was application site pain (Repibresib 3%: 14.0%; Repibresib 2%: 5.9%; Repibresib 1%: 13.7%; Vehicle: 3.8%). There were 8 subjects receiving Repibresib gel that discontinued due to an AE compared to none in the vehicle. The majority of skin-related TEAEs were mild in severity and resolved during study conduct (76.0% “M�, 23.7% “Moderate� and 0.2% “Severe�) and there was no clear dose-dependent increase in frequency of skin-related TEAEs. There was one treatment emergent serious adverse event, cholelithiasis without obstruction, not drug related in the Repibresib 1% cohort, and there was no increased risk of thrombocytopenia or GI-related serious adverse events.

About Repibresib
Repibresib is a pan-bromodomain BET inhibitor designed to be locally administered as a “soft� drug to address diseases involving multiple, diverse inflammatory cell signaling pathways, while providing low systemic exposure. Repibresib has produced consistent reductions in pro-inflammatory and disease-related biomarkers and improvements in disease severity in several preclinical models (using several different routes of administration).

About VYN202
VYN202 is an innovative, oral small molecule BET inhibitor that has potential class-leading selectivity and potency for BD2 vs. BD1. By maximizing BD2 selectivity, VYNE believes VYN202 has the potential to be a differentiated, more conveniently administered, non-biologic treatment option for both acute control and chronic management of immuno-inflammatory indications, in which the damaging effects of unrestricted inflammatory signaling activity are common.

About VYNE Therapeutics Inc.

VYNE is a clinical-stage biopharmaceutical company focused on developing differentiated therapies to treat chronic inflammatory and immune-mediated conditions with high unmet need. VYNE’s unique and proprietary BET inhibitors, which comprise its InhiBET� platform, are designed to overcome limitations of early generation BET inhibitors by leveraging alternative routes of administration and enhanced selectivity.

For more information about VYNE Therapeutics Inc. or its product candidates, visit www.vynetherapeutics.com. VYNE may use its website to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor VYNE’s website in addition to following its press releases, filings with the U.S. Securities and Exchange Commission, public conference calls, and webcasts.

Investor Relations:
John Fraunces
LifeSci Advisors, LLC
917-355-2395
[email protected]

Tyler Zeronda
VYNE Therapeutics Inc.
908-458-9106
[email protected]

Cautionary Statement Regarding Forward-Looking Statements
This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the clinical development of VYNE’s product candidates and other statements regarding the future expectations, plans and prospects of VYNE. All statements in this press release which are not historical facts are forward-looking statements, including the Company’s intention to seek a development and commercialization partner for repibresib, timing of an update on the Company’s plans for repibresib and the expectations around its cash position as of June 30, 2025. The Company’s cash estimate is preliminary and is subject to change pending the actual results of, and completion of, the Company’s condensed consolidated financial statements for the quarter ended June 30, 2025. Additional information and disclosures would be required for a more complete understanding of the Company’s financial position and results of operations as of June 30, 2025. The Company’s independent registered public accounting firm has not reviewed or performed any procedures with respect to this preliminary information and, accordingly, does not express an opinion or any other form of assurance about them. Any forward-looking statements in this release are based on VYNE’s current knowledge and its present beliefs and expectations regarding possible future events and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially and adversely from those set forth or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: VYNE’s ability to successfully develop its product candidates; the timing of commencement of future preclinical studies and clinical trials; VYNE’s ability to complete and receive favorable results from clinical trials of its product candidates; VYNE’s ability to find a partner for repibresib; VYNE’s ability to obtain additional funding, either through equity or debt financing transactions or collaboration arrangements; and VYNE’s ability to comply with various regulations applicable to its business. For a discussion of other risks and uncertainties, and other important factors, any of which could cause VYNE’s actual results to differ from those contained in the forward-looking statements, see the section titled “Risk Factors� in VYNE’s Annual Report on Form 10-K for the year ended December31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and VYNE’s other filings from time to time with the U.S. Securities and Exchange Commission. Although VYNE believes these forward-looking statements are reasonable, they speak only as of the date of this announcement and VYNE undertakes no obligation to update publicly such forward-looking statements to reflect subsequent events or circumstances, except as otherwise required by law. Given these risks and uncertainties, you should not rely upon forward-looking statements as predictions of future events.

Third-party products and company names mentioned herein may be the trademarks of their respective owners


FAQ

What were the main results of VYNE's Phase 2b Repibresib gel trial for vitiligo?

The trial failed to meet its primary endpoint of F-VASI50 and key secondary endpoint of F-VASI75. However, the 3% concentration showed a -43.6% change in F-VASI score compared to -25.6% for vehicle.

Why did VYNE's Repibresib trial fail to meet its endpoints?

The trial was impacted by an unusually high vehicle (placebo) effect and a higher-than-expected dropout rate in active treatment arms (36.6% for 3% concentration vs 10.6% for vehicle).

What are the safety concerns with VYNE's Repibresib gel?

The most common side effect was application site pain (14% in 3% concentration). Most adverse events were mild (76%) or moderate (23.7%), with no increased risk of thrombocytopenia or serious GI-related events.

What is VYNE's next step after the Repibresib trial results?

VYNE will terminate the trial's extension phase and seek an external development and commercialization partner for Repibresib while evaluating plans for their oral BET inhibitor VYN202.

What is VYNE's current financial position in 2025?

VYNE reported approximately $39.6 million in cash, cash equivalents and investments as of June 30, 2025.
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Biotechnology
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BRIDGEWATER