Rallybio Corporation (Nasdaq: RLYB), a clinical-stage
biotechnology company translating scientific advances into
transformative therapies for patients with devastating rare
diseases, announced today that Fierce Life Sciences and Fierce
Healthcare has named Rallybio an Innovation Honoree as part of the
2024 Fierce 50 list. The Fierce 50 showcases 50 individuals and
companies driving advancements in medicine, fostering innovation,
and shaping the future of biopharma and healthcare.
“The annual Fierce 50 special report highlights individuals and
companies that are driving progress in the pharmaceutical,
healthcare and biotechnology industries,” said Ayla Ellison,
Editor-in-Chief of Fierce Life Sciences and Healthcare. “These 50
outstanding organizations and people demonstrate excellence in
their fields, and their commitment to innovation, equity and
improving lives is truly commendable. Congratulations to this
year’s honorees.”
Rallybio was co-founded in January 2018 by Martin Mackay, PhD,
Jeffrey Fryer, CPA, and Stephen Uden, MD, recognized leaders from
the biopharma industry. Rallybio’s team is dedicated to developing
life-transforming therapies for patients with severe and rare
diseases, with an initial focus on maternal-fetal health as well as
diseases of complement dysregulation. The Company’s lead program is
RLYB212, an anti-HPA-1a monoclonal antibody for the prevention of
fetal and neonatal alloimmune thrombocytopenia (FNAIT), a
potentially devastating disease that threatens more than 30,000
pregnancies each year.
“It is an incredible honor for Rallybio to be recognized as part
of this year’s Fierce 50. This award is a testament to the
important work our team is doing to combat FNAIT and bring new
therapies to underserved areas of medicine,” said Stephen Uden,
M.D., Chief Executive Officer of Rallybio. “We look forward to
continuing to tackle medicine's toughest challenges with new
solutions, and through our lead program, moving forward in our
mission to eliminate FNAIT and its devastating consequences.”
Rallybio is on track to initiate a Phase 2 trial in pregnant
women at higher risk for HPA-1a alloimmunization and FNAIT in the
fourth quarter of 2024. In addition, Rallybio is currently
conducting an FNAIT natural history study, which is designed to
provide a contemporary dataset for HPA-1a alloimmunization
frequency in a racially and ethnically diverse population that can
serve as a control arm for the planned Phase 3 trial. Pregnant
women at higher risk for FNAIT can be identified through currently
available laboratory screening tests.
The Fierce 50 is a constellation of the most brilliant
visionaries and trailblazers, handpicked by the discerning editors
of Fierce Biotech, Fierce Pharma and Fierce Healthcare. These
individuals and companies are a driving force in healthcare
delivery, drug development, research, and more. For more
information about the Fierce 50, visit
https://fierce50.fiercelifesciences.com/.
About FNAIT
Fetal and Neonatal Alloimmune Thrombocytopenia (FNAIT) is a
potentially life-threatening rare disease that can cause
uncontrolled bleeding in fetuses and newborns. FNAIT can arise
during pregnancy due to an immune incompatibility between an
expectant mother and her fetus in a specific platelet antigen
called human platelet antigen 1, or HPA-1.
There are two predominant forms of HPA-1, known as HPA-1a and
HPA-1b, which are expressed on the surface of platelets.
Individuals who are homozygous for HPA-1b, meaning that they have
two copies of the HPA-1b allele and no copies of the HPA-1a allele,
are also known as HPA-1a negative. Upon exposure to the HPA-1a
antigen, these individuals can develop antibodies to that antigen
in a process known as alloimmunization. In HPA-1a-negative
expectant mothers bearing a HPA-1a-positive fetus, alloimmunization
can occur upon mixing of fetal blood with maternal blood. When
alloimmunization occurs in an expectant mother, the anti-HPA-1a
antibodies that develop in the mother can cross the placenta and
destroy platelets in the fetus. The destruction of platelets in the
fetus can result in severely low platelet counts, or
thrombocytopenia, and potentially lead to devastating consequences
including miscarriage, stillbirth, death of the newborn, or severe
lifelong neurological disability in those babies who survive. There
is currently no approved therapy for the prevention or prenatal
treatment of FNAIT.
About Rallybio
Rallybio (NASDAQ: RLYB) is a clinical-stage biotechnology
company with a mission to develop and commercialize
life-transforming therapies for patients with severe and rare
diseases. Rallybio has built a broad pipeline of promising product
candidates aimed at addressing diseases with unmet medical need in
areas of maternal fetal health, complement dysregulation,
hematology, and metabolic disorders. The Company has two clinical
stage programs: RLYB212, an anti-HPA-1a antibody for the prevention
of fetal and neonatal alloimmune thrombocytopenia (FNAIT) and
RLYB116, an inhibitor of complement component 5 (C5), with the
potential to treat several diseases of complement dysregulation, as
well as additional programs in preclinical development. Rallybio is
headquartered in New Haven, Connecticut. For more information,
please visit www.rallybio.com and follow us on LinkedIn and
Twitter.
Forward-Looking Statements
This press release contains forward-looking statements that are
based on our management’s beliefs and assumptions and on currently
available information. All statements, other than statements of
historical facts contained in this press release are
forward-looking statements. In some cases, forward-looking
statements can be identified by terms such as “may,” “will,”
“should,” “expect,” “plan,” “anticipate,” “could,” “intend,”
“target,” “project,” “contemplate,” “believe,” “estimate,”
“predict,” “potential” or “continue” or the negative of these terms
or other similar expressions, although not all forward-looking
statements contain these words. Forward-looking statements in this
press release include, but are not limited to, statements
concerning the timing of the RLYB212 Phase 2 trial, whether
regulators will agree that the FNAIT natural history study data
will be an adequate control arm for a RLYB212 Phase 3 trial, and
the potential success of our pipeline. The forward-looking
statements in this press release are only predictions and are based
largely on management’s current expectations and projections about
future events and financial trends that management believes may
affect Rallybio’s business, financial condition and results of
operations. These forward-looking statements speak only as of the
date of this press release and are subject to a number of known and
unknown risks, uncertainties and assumptions, including, but not
limited to, our ability to successfully initiate and conduct our
planned clinical trials, including the FNAIT natural history study,
and the Phase 2 clinical trial for RLYB212, and complete such
clinical trials and obtain results on our expected timelines, or at
all, whether our cash resources will be sufficient to fund our
operating expenses and capital expenditure requirements and whether
we will be successful raising additional capital, our ability to
enter into strategic partnerships or other arrangements,
competition from other biotechnology and pharmaceutical companies,
and those risks and uncertainties described in Rallybio’s filings
with the U.S. Securities and Exchange Commission (SEC), including
Rallybio’s Quarterly Report on Form 10-Q for the period ended June
30, 2024, and subsequent filings with the SEC. The events and
circumstances reflected in our forward-looking statements may not
be achieved or occur and actual future results, levels of activity,
performance and events and circumstances could differ materially
from those projected in the forward-looking statements. Except as
required by applicable law, we are not obligated to publicly update
or revise any forward-looking statements contained in this press
release, whether as a result of any new information, future events,
changed circumstances or otherwise.
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Investor Contacts Samantha Tracy Rallybio Corporation
(475) 47-RALLY (Ext. 282) investors@rallybio.com Kevin Lui
Precision AQ (212) 698-8691 kevin.lui@precisionaq.com Media
Contact Victoria Reynolds Mission North (760) 579-2134
rallybio@missionnorth.com
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