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Septerna reports strong Q1 2026 results, advances SEP-631 and SEP-479 clinical trials, with cash to fund operations through 2029.

Company Fundamentals
11 May 2026
GlobeNewsWire
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Bullish
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Septerna, Inc. announced positive progress in its drug pipeline with successful Phase 1 results for SEP-631 and the start of a Phase 1 trial for SEP-479, targeting chronic spontaneous urticaria and hypoparathyroidism respectively. The company reported a net loss of $8.6 million in Q1 2026 but holds a strong cash position of $522.1 million, expected to support operations into 2029. Upcoming milestones include a Phase 2b trial for SEP-631 in the second half of 2026 and data from SEP-479's trial expected by late 2026 or early 2027. Septerna continues to develop therapies for multiple diseases using its proprietary Native Complex Platform® and maintains collaborations with Novo Nordisk.

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