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Ventyx Biosciences Reports Second Quarter 2025 Financial Results and Highlights Recent Corporate Progress

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Ventyx Biosciences (NASDAQ:VTYX) reported Q2 2025 financial results and pipeline updates, highlighting positive developments across its drug portfolio. The company reported a strong cash position of $209.0 million, expected to fund operations into H2 2026.

Key highlights include positive Phase 2a biomarker data for VTX3232 in Parkinson's disease, demonstrating safety, high drug exposure, and potent NLRP3 biomarker suppression. Two Phase 2 studies are expected to yield results in Q4 2025: VTX2735 for recurrent pericarditis and VTX3232 for obesity with cardiometabolic risk factors.

The company's Q2 2025 financials showed reduced losses, with net loss decreasing to $27.0 million from $32.0 million year-over-year. R&D expenses decreased to $22.3 million from $27.8 million in Q2 2024.

Ventyx Biosciences (NASDAQ:VTYX) ha comunicato i risultati finanziari del secondo trimestre 2025 e gli aggiornamenti sul pipeline, evidenziando sviluppi positivi nel suo portafoglio di farmaci. L'azienda ha riportato una solida posizione di cassa di 209,0 milioni di dollari, che si prevede possa finanziare le operazioni fino alla seconda metà del 2026.

I punti salienti includono dati positivi di biomarcatori di Fase 2a per VTX3232 nella malattia di Parkinson, che dimostrano sicurezza, elevata esposizione al farmaco e una potente soppressione del biomarcatore NLRP3. Sono attesi risultati da due studi di Fase 2 nel quarto trimestre 2025: VTX2735 per la pericardite recidivante e VTX3232 per l'obesità con fattori di rischio cardiometabolico.

I dati finanziari del secondo trimestre 2025 hanno mostrato una riduzione delle perdite, con una perdita netta scesa a 27,0 milioni di dollari rispetto ai 32,0 milioni dell'anno precedente. Le spese in Ricerca e Sviluppo sono diminuite a 22,3 milioni di dollari dai 27,8 milioni del secondo trimestre 2024.

Ventyx Biosciences (NASDAQ:VTYX) informó los resultados financieros del segundo trimestre de 2025 y actualizaciones de su cartera, destacando avances positivos en su portafolio de medicamentos. La compañía reportó una sólida posición de efectivo de 209,0 millones de dólares, que se espera financie las operaciones hasta la segunda mitad de 2026.

Los puntos clave incluyen datos positivos de biomarcadores de Fase 2a para VTX3232 en la enfermedad de Parkinson, mostrando seguridad, alta exposición al fármaco y una potente supresión del biomarcador NLRP3. Se esperan resultados de dos estudios de Fase 2 en el cuarto trimestre de 2025: VTX2735 para pericarditis recurrente y VTX3232 para obesidad con factores de riesgo cardiometabólicos.

Los estados financieros del segundo trimestre de 2025 mostraron una reducción en las pérdidas, con una pérdida neta que disminuyó a 27,0 millones de dólares desde 32,0 millones año tras año. Los gastos en I+D disminuyeron a 22,3 millones de dólares desde 27,8 millones en el segundo trimestre de 2024.

Ventyx Biosciences (NASDAQ:VTYX)� 2025� 2분기 재무 결과 � 파이프라� 업데이트� 발표하며 약물 포트폴리� 전반� 걸친 긍정적인 발전� 강조했습니다. 회사� 2� 900� 달러� 강력� 현금 보유고를 보고했으�, 이는 2026� 하반기까지 운영 자금� 지원할 것으� 예상됩니�.

주요 내용으로� 파킨슨병� 대� VTX3232� 2a� 바이오마� 긍정� 데이�가 포함되며, 안전�, 높은 약물 노출 � 강력� NLRP3 바이오마� 억제� 입증했습니다. � 건의 2� 연구 결과가 2025� 4분기� 나올 예정입니�: 재발� 심낭� 치료� 위한 VTX2735와 심혈관 대� 위험 인자� 동반� 비만 치료� 위한 VTX3232.

회사� 2025� 2분기 재무� 손실 감소� 보여주었으며, 순손실은 전년 동기 대� 2,700� 달러� 줄었습니�. 연구개발비는 2024� 2분기 2,780� 달러에서 2,230� 달러� 감소했습니다.

Ventyx Biosciences (NASDAQ:VTYX) a publié ses résultats financiers du deuxième trimestre 2025 ainsi que des mises à jour sur son pipeline, mettant en avant des développements positifs dans son portefeuille de médicaments. La société a annoncé une solide trésorerie de 209,0 millions de dollars, prévue pour financer ses opérations jusqu'à la seconde moitié de 2026.

Les points clés incluent des données positives de biomarqueurs de phase 2a pour VTX3232 dans la maladie de Parkinson, démontrant la sécurité, une forte exposition au médicament et une suppression puissante du biomarqueur NLRP3. Deux études de phase 2 devraient fournir des résultats au quatrième trimestre 2025 : VTX2735 pour la péricardite récidivante et VTX3232 pour l'obésité avec des facteurs de risque cardiométaboliques.

Les résultats financiers du deuxième trimestre 2025 ont montré une réduction des pertes, avec une perte nette diminuant à 27,0 millions de dollars contre 32,0 millions l'année précédente. Les dépenses en R&D ont baissé à 22,3 millions de dollars contre 27,8 millions au deuxième trimestre 2024.

Ventyx Biosciences (NASDAQ:VTYX) berichtete über die Finanzergebnisse des zweiten Quartals 2025 und Updates zur Pipeline und hob positive Entwicklungen im Medikamentenportfolio hervor. Das Unternehmen meldete eine starke Barreserve von 209,0 Millionen US-Dollar, die voraussichtlich die Geschäftstätigkeit bis zur zweiten Hälfte 2026 finanzieren wird.

Zu den wichtigsten Highlights zählen positive Phase-2a-Biomarkerdaten für VTX3232 bei Parkinson, die Sicherheit, hohe Arzneimittelexposition und eine starke Unterdrückung des NLRP3-Biomarkers zeigen. Ergebnisse von zwei Phase-2-Studien werden im vierten Quartal 2025 erwartet: VTX2735 bei rezidivierender Perikarditis und VTX3232 bei Adipositas mit kardiometabolischen Risikofaktoren.

Die Finanzergebnisse des zweiten Quartals 2025 zeigten reduzierte Verluste, wobei der Nettoverlust von 32,0 Millionen US-Dollar im Vorjahresvergleich auf 27,0 Millionen US-Dollar sank. Die F&E-Ausgaben verringerten sich von 27,8 Millionen US-Dollar im zweiten Quartal 2024 auf 22,3 Millionen US-Dollar.

Positive
  • Positive Phase 2a results for VTX3232 in Parkinson's disease showing safety and efficacy
  • Strong cash position of $209.0M funding operations into H2 2026
  • Reduced net loss to $27.0M from $32.0M year-over-year
  • Two potential catalysts with Phase 2 data readouts expected in Q4 2025
  • Successful Phase 2 data for tamuzimod in ulcerative colitis published in The Lancet
  • Promising Phase 2 results for VTX958 in Crohn's disease showing dose-dependent response
Negative
  • Exploring partnership opportunities for tamuzimod and VTX958, suggesting possible challenges in independent development
  • Continued R&D expenses of $22.3M despite pipeline progress

Insights

Ventyx reports positive Parkinson's data for VTX3232 with multiple upcoming readouts amid strong cash position for continued development.

Ventyx's Phase 2a trial of VTX3232 in early-stage Parkinson's disease delivered compelling evidence of potential disease-modifying properties. The NLRP3 inhibitor demonstrated excellent CNS penetration with drug concentrations in cerebrospinal fluid exceeding the IC90 for NLRP3 inhibition by �3-fold throughout the dosing period. More importantly, VTX3232 showed clear target engagement through robust reductions in downstream biomarkers including IL-1β, IL-6 and high-sensitivity C-reactive protein in both plasma and CSF.

The neuroinflammatory hypothesis of Parkinson's disease has gained significant traction, with NLRP3-mediated inflammation increasingly recognized as a key driver of disease progression. By potently suppressing this pathway, VTX3232 addresses the underlying pathophysiology rather than merely treating symptoms. The reported improvements in both motor and non-motor symptoms measured by MDS-UPDRS are particularly encouraging at this early stage.

The selection of this data for presentation at both the International Congress of Parkinson's Disease and Movement Disorders and the Michael J. Fox Foundation's Therapeutics Conference indicates the scientific community's interest. The company's exploration of VTX3232 in Alzheimer's disease makes strategic sense given the shared neuroinflammatory mechanisms. With $209M in cash providing runway into H2 2026, Ventyx has sufficient resources to advance this promising program through more definitive clinical trials.

Ventyx's NLRP3 inhibitor platform is advancing with multiple catalysts approaching in Q4 2025. Beyond the positive Parkinson's data, their recurrent pericarditis program with VTX2735 represents a strategic move into a niche inflammatory condition with limited treatment options. Current standards of care rely heavily on biologics like IL-1 inhibitors, presenting a clear opportunity for an oral therapy to disrupt this market.

The company's fully-enrolled obesity/cardiometabolic study for VTX3232 is particularly intriguing as it includes arms testing the NLRP3 inhibitor both as monotherapy and in combination with semaglutide. This trial design demonstrates foresight in exploring potential synergies with GLP-1 receptor agonists, which have revolutionized obesity treatment but may benefit from complementary anti-inflammatory approaches.

Financially, Ventyx has streamlined operations with R&D expenses decreasing to $22.3 million from $27.8 million year-over-year, while G&A expenses dropped to $7.1 million from $7.9 million. Their net loss improved to $27.0 million from $32.0 million in the comparable quarter. With $209 million in cash providing runway into at least H2 2026, the company has sufficient capital to reach multiple value-creating data readouts. The exploration of partnership opportunities for their IBD assets (tamuzimod and VTX958) could further extend their cash runway while allowing focus on their NLRP3 inhibitor portfolio.

  • Positive topline Phase 2a biomarker data position VTX3232 as a potential disease-modifying therapy for patients with Parkinson’s disease
  • Data from the Phase 2 study of VTX2735 in patients with recurrent pericarditis expected in Q4 2025
  • Phase 2 study of VTX3232 in participants with obesity and cardiometabolic risk factors is fully-enrolled and on track to yield topline data in early Q4 2025
  • Cash, cash equivalents and marketable securities balance of $209.0M as of
    June 30, 2025 expected to fund planned operations into at least H2 2026

SAN DIEGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Ventyx Biosciences, Inc. (Nasdaq: VTYX) (“Ventyx�, “Company�), a clinical-stage biopharmaceutical company focused on developing innovative oral therapies for patients with autoimmune, inflammatory, and neurodegenerative diseases, today reported second quarter financial results and highlighted recent pipeline and business progress.

“We continue to enroll patients in our Phase 2 trial of VTX2735 in recurrent pericarditis (RP), where we believe upregulation of NLRP3 and Caspase-1 inflammasome are central to the pathogenesis of this disease. VTX2735, an oral agent with potent inhibition of NLRP3 and Caspase-1, has the potential to displace biologic therapies used today in patients with severe RP, as well as penetrate RP market segments underserved by current biologic therapies� said Raju Mohan, PhD, President and Chief Executive Officer. “The other ongoing Phase 2 study of VTX3232 in obese participants with cardiometabolic risk factors is fully enrolled and we are on track to release topline results in early Q4 2025. Finally, recapping positive data from our Phase 2a trial of VTX3232 in patients with early-stage Parkinson’s disease, the study accomplished its primary objectives by demonstrating safety and tolerability, achieving high drug exposure in the cerebral spinal fluid (CSF) and potent suppression of NLRP3-related biomarkers in CSF and plasma. As previously indicated, we continue with Phase 2 planning in Parkinson’s disease with input from academic and industry experts.�

Pipeline Updates and Anticipated Milestones

NLRP3 Inhibitor Portfolio: Ventyx’s portfolio of potential best-in-class oral NLRP3 inhibitors in clinical development include VTX2735, a peripherally restricted NLRP3 inhibitor, and VTX3232, a central nervous system (CNS)-penetrant NLRP3 inhibitor.

  • VTX3232 in Parkinson’s Disease (, June 2025): The Phase 2a trial of VTX3232 in patients with early stage, idiopathic Parkinson’s disease met its goal of establishing the safety and tolerability of VTX3232 in this patient population with no drug-related treatment-emergent adverse events observed. The compound demonstrated high drug exposures with steady state concentrations in CSF and plasma exceeding the IC90 for NLRP3 inhibition by �3-fold for 24-hours post-dose with a once-daily formulation. VTX3232 also showed clear evidence of target engagement in plasma and CSF with robust reductions in downstream biomarkers of NLRP3 inhibition, such as IL-1β, IL-6 and high-sensitivity C-reactive protein (hsCRP). In addition, VTX3232 treatment was associated with improved motor and non-motor symptoms of Parkinson’s disease, as measured by the MDS-UPDRS.

    Given the Phase 2a study met Ventyx’s internal criteria for continued clinical development, the Company initiated planning discussions for a placebo-controlled, Phase 2 trial in Parkinson’s disease and potentially in additional neurodegenerative disorders such as Alzheimer’s disease.

    Ventyx has been invited to present the Phase 2a data for VTX3232 at two Parkinson’s disease meetings this fall. An abstract detailing the Phase 2a VTX3232 study results has been selected for an Oral Platform Presentation at the International Congress of Parkinson’s Disease and Movement Disorders from October 5th � 9th. In addition, Ventyx will present the Phase 2a VTX3232 results at the Michael J. Fox Foundation’s Parkinson’s Disease Therapeutics Conference, being held on October 16th.
  • VTX2735 in Recurrent Pericarditis (Q4 2025 data): The ongoing Phase 2, multicenter, 30-patient, open-label trial is evaluating VTX2735, dosed twice daily, in patients with recurrent pericarditis over a 6-week primary treatment period, followed by a 7-week extension period. Key endpoints include safety, change in the numerical rating scale (NRS) pain score, and change in hsCRP. Ventyx expects to release topline results from this study in Q4 2025.

    With the possibility of treating patients experiencing an active flare and preventing future recurrences with an oral agent, VTX2735 has the potential to streamline treatment for patients with recurrent pericarditis.
  • VTX3232 in Cardiometabolic Diseases (Q4 2025 data): The Phase 2, multicenter, double-blind, placebo-controlled trial of VTX3232 in participants with obesity and cardiometabolic risk factors is fully-enrolled with subjects randomized to one of four groups for a 12-week primary treatment period: monotherapy placebo, monotherapy VTX3232, combination semaglutide + placebo, or combination semaglutide + VTX3232. Key endpoints include safety and change in hsCRP. The trial will also assess a panel of exploratory endpoints, including biomarkers of inflammation and cardiometabolic disease, as well as imaging to assess body composition and liver fat.

    Data from the Phase 2 trial are expected to guide future development of the Company’s NLRP3 inhibitors in cardiometabolic diseases.

Inflammatory Bowel Disease (IBD) Portfolio:

  • Tamuzimod (S1P1R Modulator, ulcerative colitis): Phase 2 induction data published in The Lancet (January 2025, ) showed that patients treated with tamuzimod experienced robust clinical and endoscopic remission rates compared to placebo. We believe combination treatment is emerging as a compelling concept in IBD to break through the modest clinical remission rates seen with monotherapies today. Tamuzimod’s efficacy and safety profile could position it as the backbone of future combination regimens with another oral or biologic agent. The Company is exploring partnership opportunities for tamuzimod in ulcerative colitis.

  • VTX958 (TYK2 Inhibitor, Crohn’s disease): Phase 2 data suggest that VTX958 may have disease-modifying benefits in Crohn’s disease. Presentation of results in Crohn’s disease (20th Congress of the European Crohn’s and Colitis Organisation (ECCO), February 2025, Journal of Crohn's and Colitis, demonstrated a robust, dose-dependent endoscopic response at Week 12 for VTX958 compared to placebo, with a greater magnitude of reduction in two key biomarkers of inflammation, CRP and fecal calprotectin.

    Ventyx is exploring multiple options for continued development of VTX958 in Crohn's disease, including partnership opportunities.

Second Quarter Financial Results

  • Cash Position: Cash, cash equivalents and marketable securities were $209.0 million as of June 30, 2025. We believe our current cash, cash equivalents and marketable securities are sufficient to fund our planned operations into at least H2 2026.
  • Researchand Development (R&D) expenses: R&D expenses were $22.3million for the second quarter of 2025, compared to $27.8 million for the second quarter of 2024.
  • General and Administrative (G&A) expenses: G&A expenses were $7.1 million for the second quarter of 2025, compared to $7.9 million for the second quarter of 2024.
  • Net loss: Net loss was $27.0 million for the second quarter of 2025, compared to $32.0 million for the second quarter of 2024.

About Ventyx Biosciences
Ventyx Biosciences is a clinical-stage biopharmaceutical company developing innovative oral therapies for patients with autoimmune, inflammatory, and neurodegenerative diseases. Our expertise in medicinal chemistry, structural biology, and immunology enables the discovery of differentiated oral small molecule therapeutics for conditions with high unmet medical need, and our extensive experience in clinical development allows the rapid progression of these drug candidates through clinical trials.

Our portfolio of NLRP3 inhibitors includes VTX2735, a peripherally restricted NLRP3 inhibitor in Phase 2 development for recurrent pericarditis, and VTX3232, a CNS-penetrant NLRP3 inhibitor in Phase 2 development for neurodegenerative and cardiometabolic diseases. Our inflammatory bowel disease portfolio includes two Phase 2 compounds: tamuzimod (VTX002), an S1P1R modulator, and VTX958, a TYK2 inhibitor.

For more information on Ventyx, please visit our website at .

Forward-Looking Statements
Ventyx cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on Ventyx’s current beliefs and expectations. Such forward-looking statements include, but are not limited to, statements regarding: the potential of each of Ventyx’s product candidates, including the potential of VTX2735 and VTX3232, to emerge as best-in-class NLRP3 inhibitors and produce safe, effective or disease modifying results for the treatment of systemic inflammatory conditions or cardiometabolic or neurodegenerative diseases, the potential of VTX3232 as a disease-modifying therapy for Parkinson’s disease and additional neurodegenerative disorders such as Alzheimer’s disease, the anticipated timing of the enrollment of subjects and the estimated total subjects to enroll in the Phase 2 trials for VTX2735 and VTX3232; the timing of reporting data from either Phase 2 trial in Q4 2025; the potential for VTX2735 to penetrate the market for recurrent pericarditis, whether for severe cases or otherwise; management’s belief that upregulation of NLRP3 and Caspase-1 inflammasome are central to the pathogenesis of RP; management’s plans with respect to additional clinical trials of VTX3232 in patients with Parkinson’s, Alzheimer’s or another neurodegenerative disease as well as any cardiometabolic diseases, including the timing to commence, or funding of, such trials; management’s plans with respect to the commitment of internal resources toward further analysis, or development, including future studies, partnerships or other source of non-dilutive financing for tamuzimod in ulcerative colitis and VTX958 in Crohn’s disease, and related statements regarding strategic positioning; the potential for VTX3232 and VTX2735 in multiple cardiometabolic, systemic or neurological diseases and the continued development related thereto; the utility, safety or efficacy of a combination regimen including tamuzimod; the publication or presentation of clinical trial results at the International Congress of Parkinson’s Disease and Movement Disorders and the MJFF Parkinson’s Disease Therapeutics Conference; and the expected timeframe for funding Ventyx’s operating plan with current cash, cash equivalents and marketable securities.

The inclusion of forward-looking statements should not be regarded as a representation by Ventyx that any of its plans will be achieved. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in Ventyx’s business, including, without limitation: potential delays in the commencement, enrollment and completion of clinical trials; Ventyx’s dependence on third parties in connection with product manufacturing, research and preclinical and clinical testing; disruptions in the supply chain, including raw materials needed for manufacturing and animals used in research, delays in site activations and enrollment of clinical trials; the results of preclinical studies and clinical trials; early clinical trials not necessarily being predictive of future results; interim results not necessarily being predictive of final results; the potential of one or more outcomes to materially change as a trial continues and more patient data become available and following more comprehensive audit and verification procedures; regulatory developments in the United States and foreign countries; economic uncertainty in global markets caused by, among other things, geopolitical conditions, tariffs, military conflicts, and inflation volatility; unexpected adverse side effects or inadequate efficacy of Ventyx’s product candidates that may limit their development, regulatory approval and/or commercialization, or may result in recalls or product liability claims; Ventyx’s ability to obtain and maintain intellectual property protection for its product candidates; the use of capital resources by Ventyx sooner than expected; and other risks described in Ventyx’s prior press releases and Ventyx’s filings with the Securities and Exchange Commission (SEC), including in Part II, Item 1A (Risk Factors) of Ventyx’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed on or about the date hereof, and Ventyx’s subsequent filings with the SEC.

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Ventyx undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Investor Relations Contact:
Joyce Allaire
Managing Director
LifeSci Advisors

Ventyx Biosciences, Inc.
Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
(unaudited)
Three months ended June 30,Six months ended June 30,
2025202420252024
Operating expenses:
Research and development$22,266$27,805$45,164$61,552
General and administrative7,0677,90714,26615,928
Total operating expenses29,33335,71259,43077,480
Loss from operations(29,333)(35,712)(59,430)(77,480)
Other (income) expense:
Interest income(2,367)(3,783)(5,033)(7,010)
Other expense21213052
Total other (income) expense(2,346)(3,762)(5,003)(6,958)
Net loss$(26,987)$(31,950)$(54,427)$(70,522)
Unrealized loss on marketable securities(152)(119)(266)(181)
Foreign currency translation246(8)357(17)
Comprehensive loss$(26,893)$(32,077)$(54,336)$(70,720)
Net loss per share attributable to common shareholders, basic and diluted$(0.38)$(0.45)$(0.76)$(1.07)
Shares used to compute basic and diluted net loss per share attributable to common shareholders71,198,65270,554,71871,165,44066,192,348


Ventyx Biosciences, Inc.
Selected Condensed Consolidated Balance Sheet Data
(in thousands)
(unaudited)
June 30,December 31,
20252024
Cash, cash equivalents and marketable securities$208,959$252,943
Working capital207,853216,849
Total assets230,009276,563
Total liabilities20,62622,518
Accumulated deficit(608,736)(554,309)
Total stockholders' equity209,383254,045

FAQ

What were the key findings from VTYX's Phase 2a trial of VTX3232 in Parkinson's disease?

The trial demonstrated safety and tolerability with no drug-related adverse events, showed high drug exposure in CSF and plasma, and achieved robust reductions in NLRP3-related biomarkers. The treatment also showed improvements in motor and non-motor Parkinson's disease symptoms.

What is Ventyx Biosciences' (VTYX) cash runway as of Q2 2025?

Ventyx reported $209.0 million in cash, cash equivalents, and marketable securities, which is expected to fund planned operations into at least the second half of 2026.

When will VTYX report Phase 2 results for VTX2735 in recurrent pericarditis?

Ventyx expects to release topline results from the Phase 2 trial of VTX2735 in recurrent pericarditis in Q4 2025.

How did Ventyx Biosciences' (VTYX) Q2 2025 financial results compare to Q2 2024?

VTYX showed improved financial metrics with net loss decreasing to $27.0M from $32.0M, R&D expenses reducing to $22.3M from $27.8M, and G&A expenses declining to $7.1M from $7.9M year-over-year.

What upcoming catalysts does Ventyx Biosciences (VTYX) have in Q4 2025?

VTYX has two major catalysts in Q4 2025: Phase 2 data for VTX2735 in recurrent pericarditis and Phase 2 results for VTX3232 in obesity with cardiometabolic risk factors.
Ventyx Biosciences, Inc.

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VTYX Stock Data

183.60M
68.23M
4.12%
74.35%
6.98%
Biotechnology
Pharmaceutical Preparations
United States
SAN DIEGO