InflaRx
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InflaRx (IFRX) investor relations material

InflaRx Guggenheim Securities Emerging Outlook: Biotech Summit 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Guggenheim Securities Emerging Outlook: Biotech Summit 2026 summary11 Feb, 2026

Key product updates and differentiation

  • Izicopan, an oral C5aR antagonist, shows higher bioavailability, faster onset, and lower CYP3A4 inhibition compared to avacopan, suggesting improved safety and efficacy profiles.

  • No hepatotoxicity observed in approximately 200 patients treated with izicopan, even at high doses, supporting a clean safety profile.

  • Izicopan’s rapid achievement of steady-state plasma levels allows for lower dosing and potentially better patient outcomes.

  • The molecule’s lower risk of drug-drug interactions is attributed to significantly reduced CYP3A4 inhibition.

  • If avacopan is withdrawn from the market, izicopan could quickly capitalize on the opportunity due to its differentiated profile.

Clinical development and trial results

  • Proof-of-concept studies in hidradenitis suppurativa (HS) and chronic spontaneous urticaria (CSU) showed encouraging efficacy signals, especially in reducing draining tunnels and pain in HS.

  • Four-week basket study in HS demonstrated responses comparable or superior to other phase II/III HS trials, despite being non-placebo-controlled.

  • Long-term toxicology data now supports indefinite dosing, enabling progression to phase IIB trials.

  • Additional PK simulations and regulatory discussions are ongoing to finalize dosing and trial design for the next phase.

  • Phase IIB study is required before moving to pivotal trials in HS.

Strategic focus and pipeline outlook

  • HS remains the primary focus, but CSU is also under consideration for further development, especially in severe patient subsets.

  • Expansion into other autoimmune indications is possible, with future updates expected at the upcoming Capital Markets Day.

  • Commercial differentiation in HS will rely on biologic-like efficacy, safety, and unique benefits such as draining tunnel reduction.

  • Regulatory discussions are ongoing to define endpoints that reflect clinical benefits beyond standard HiSCR measures.

  • Partnerships may be pursued to expand into additional indications, depending on resources.

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Oppenheimer 36th Annual Healthcare Life Sciences Conference25 Feb, 2026
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Oppenheimer 36th Annual Healthcare Life Sciences Conference25 Feb, 2026

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Frequently asked questions

InflaRx N.V. is a clinical-stage biopharmaceutical company engaged in the discovery and development of drugs that inhibit the activation of the complement system, particularly targeting the C5a component, a potent inflammatory mediator. This focus addresses various autoimmune and other inflammatory diseases. The company's leading product candidate, vilobelimab, is a first-in-class anti-C5a monoclonal antibody with multiple clinical applications, including for diseases like hidradenitis suppurativa and cutaneous squamous cell carcinoma. The company is headquartered in Jena, Germany, and its shares are listed on the NASDAQ.

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