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Xenon reports positive Phase 1 results for pain drugs XEN1701 and XEN1120, advancing to Phase 2 in 2027

Market News
29 Oct 2026, 15:30 WIB
GlobeNewsWire
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Bullish
Xenon reports positive Phase 1 results for pain drugs XEN1701 and XEN1120, advancing to Phase 2 in 2027

Xenon Pharmaceuticals announced successful Phase 1 trial results for its pain treatment candidates XEN1701 and XEN1120, showing good safety and effective target engagement. Both drugs demonstrated strong potential as non-opioid pain therapies, with XEN1701 achieving high receptor occupancy without cardiovascular side effects and XEN1120 showing analgesic activity in preclinical models. Encouraged by these findings, Xenon plans to start Phase 2 proof-of-concept studies for acute pain in the first half of 2027. This progress highlights promising new options for acute and chronic pain management beyond opioids.

Xenon Pharmaceuticals' pain treatment candidates are progressing with positive Phase 1 results and plans for Phase 2 studies. For readers following the health sector, here is Pluang's market snapshot as of Oct 29, 2026 19:12 WIB: out of 150 priced US health stocks, 91 rose and 53 fell. Notable movers include Incyte Corporation (INCY) at USD 112.32 with a 3.89% decline and 100% buy order activity, Amgen, Inc. (AMGN) at USD 468.69 up 3.73% with 82% buy orders, and Baxter International Inc (BAX) at USD 26.40 up 3.69%.

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