Spyre Therapeutics, Inc. (SYRE) Spyre Therapeutics, Inc. is a biotechnology firm operating at the preclinical stage, dedicated to creating innovative treatments for individuals afflicted with inflammatory bowel disease (IBD). Among its pipeline candidates is SPY001, a human monoclonal immunoglobulin G1 antibody specifically engineered to target and bind with the a4ß7 integrin. This particular therapy is under development for addressing both ulcerative colitis and Crohn's disease, two forms of IBD. Furthermore, Spyre Therapeutics is advancing SPY002, another human monoclonal antibody that aims to interact with tumor necrosis factor-like ligand 1A (TL1A). A synergistic approach is also being explored with SPY120, a compound that merges the anti-a4ß7 action of SPY001 with the anti-TL1A activity of SPY002. All these programs are currently undergoing preclinical evaluation. Beyond these, the company's early-stage portfolio encompasses several additional promising candidates: SPY003, an anti-IL-23 monoclonal antibody; SPY004, a monoclonal antibody with a novel mechanism of action; SPY130, which combines anti-a4ß7 and anti-IL-23 antibodies; and SPY230, a dual antibody therapy featuring anti-TL1A and anti-IL-23 components. Originally incorporated in 2013, the organization was previously known as Aeglea BioTherapeutics, Inc., before rebranding to Spyre Therapeutics, Inc. in November 2023. Its headquarters are located in Waltham, Massachusetts.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Spyre Therapeutics, Inc. NASDAQ:SYRE Healthcare · Biotechnology
Mkt Cap $9.02B
Vol 0
$ Vol 0
RVOL 0
Earnings 0
Press Release ⚠ 1
Spyre Therapeutics Announces Clinical and Preclinical Data Presentations at United European Gastroenterology Week (UEGW) 2026
Spyre Therapeutics will present the first congress data covering all three of its IBD antibodies — SPY001 (anti-α4β7), SPY002 (anti-TL1A), and SPY003 (anti-IL-23) — at United European Gastroenterology Week 2026 in Barcelona.
The data come from the SKYLINE Phase 2 platform trial, where the antibodies are being tested as monotherapies and pairwise combinations; new preclinical data show additive efficacy of the combined mechanisms.
Steering Committee Chair Silvio Danese says clinical proof-of-concept is now demonstrated across all three antibodies, with combination results expected next year — the key catalyst for raising the therapeutic ceiling in IBD.
• 14d ago AI analysis › Press Release ⚠ 1
Spyre Therapeutics Announces Pricing of $350.0 Million Public Offering of Common Stock
Spyre Therapeutics priced an underwritten public offering of 4,117,648 shares at $85.00 per share for gross proceeds of roughly $350 million.
Underwriters hold a 30-day option on up to an additional $52.5 million of shares; the deal is expected to close on or about October 7, 2026.
Proceeds will fund gastroenterology, rheumatology, and dermatology programs, Phase 3 readiness, and a new program advancing SPY072 into late-stage development for hidradenitis suppurativa.
• 27d ago AI analysis › Press Release ⚠ 2
Spyre Therapeutics Announces Proposed Public Offering of its Common Stock
Spyre Therapeutics commenced an underwritten public offering of its common stock, with underwriters holding a 30-day option for an additional 15% of shares offered.
Size and pricing were not disclosed; the deal is being run by Jefferies, TD Cowen, Leerink Partners and Stifel, with LifeSci Capital as passive bookrunner.
Proceeds will fund GI, rheumatology, and dermatology programs, Phase 3 readiness, and advancement of SPY072 into late-stage development for hidradenitis suppurativa.
• 27d ago AI analysis › Press Release
Spyre Therapeutics Announces Grants of Inducement Awards
Spyre Therapeutics disclosed inducement equity grants to two non-executive employees: stock options on 21,424 shares and 6,604 RSUs under the 2018 Equity Inducement Plan.
The options carry a 10-year term with an exercise price of $89.93, equal to the October 1, 2026 Nasdaq close, and vest over four years with a one-year cliff.
The grants were material to the employees' acceptance of employment under Nasdaq Listing Rule 5635(c)(4); this is routine compensation boilerplate with no operational significance.
• 0mo ago AI analysis › Press Release ● Major ⚠ 4
Spyre Announces Potential Best-in-Class SPY003 (anti-IL-23) Part A Induction Results from SKYLINE Trial, Completing Proof-of-Concept for All Three Components of its IBD Combinations
Spyre Therapeutics' SPY003 (anti-IL-23) met its primary endpoint in SKYLINE Part A, delivering a statistically significant 10.0-point reduction in Robart's Histopathology Index at Week 12 (p<0.0001) in moderately-to-severely active ulcerative colitis.
Clinical remission was 20% and endoscopic improvement 30%, with a -3.5 change in modified Mayo Score across 44 subjects; SPY003 was well tolerated with a safety profile consistent with the IL-23 class and no drug-related serious adverse events.
This marks the third positive Part A readout in five months — SPY001 and SPY002 posted RHI reductions of 9.2 and 10.7 points — completing clinical proof-of-concept for every component of Spyre's planned IBD pairwise combinations.
Part B of SKYLINE, testing high-dose combination arms SPY120, SPY130 and SPY230, is actively enrolling with topline induction data expected in 2027; SKYWAY (4Q 2026) and SKYLIGHT (late 2027/early 2028) readouts follow over the next 12-18 months.
• 1mo ago AI analysis › Press Release
Spyre Therapeutics Announces Grants of Inducement Awards
Spyre Therapeutics granted equity inducement awards to one non-executive employee: stock options to purchase 2,106 shares and 745 restricted stock units under its 2018 Equity Inducement Plan.
The options carry a 10-year term with an exercise price of $88.50, matching the September 1, 2026 closing price, and vest 25% at the one-year anniversary followed by monthly vesting; the RSUs vest quarterly.
The grant was made under Nasdaq Listing Rule 5635(c)(4) and was material only to the individual's acceptance of employment. This is boilerplate compensation disclosure with no bearing on the company's immunology pipeline or financials.
• 1mo ago AI analysis › Press Release
Spyre Therapeutics to Participate in Upcoming September Investor Conferences
Spyre Therapeutics announced that management will participate in three September investor conferences: the Citi 2026 BioPharma Back to School Conference on September 9 in New York, the Wells Fargo 21st Annual Healthcare Conference on September 10 in Boston, and the Stifel 2026 Virtual Immunology and Inflammation Forum on September 23.
Management will also host one-on-one investor meetings, with live audio webcasts and replays available on the company's investor events website.
The release contains no new clinical, financial, or regulatory data and is routine investor-relations scheduling for the clinical-stage immunology company.
• 1mo ago AI analysis › Press Release ⚠ 1
Spyre Therapeutics Announces Topline Results from the Rheumatoid Arthritis Sub-study of the SKYWAY Phase 2 Trial of SPY072
Spyre Therapeutics reported Phase 2 SKYWAY trial results for SPY072 in rheumatoid arthritis, showing statistical significance on the primary DAS28-CRP endpoint and key secondary measures like ACR20 and ACR50.
Despite the efficacy signals, the magnitude of effect did not meet internal targets to prioritize monotherapy development in RA, though the safety profile remained consistent with the TL1A class and comparable to placebo.
The company remains focused on other indications, with topline data for psoriatic arthritis and axial spondyloarthritis expected in Q4 2026 and combination therapy data in hidradenitis suppurativa anticipated in late 2027 or early 2028.
• 2mo ago AI analysis › Press Release
Spyre Therapeutics Announces Launch of SPY772 Program and Initiation of Phase 2 SKYLIGHT Trial in Hidradenitis Suppurativa
Spyre Therapeutics launched the SPY772 program, a long-acting coformulation of anti-TL1A and anti-IL-17A/F antibodies, and initiated the Phase 2 SKYLIGHT trial in Hidradenitis Suppurativa.
The randomized study will enroll approximately 150 adults to evaluate the efficacy of adding SPY072 to background bimekizumab therapy, with topline HiSCR75 data expected in late 2027 or early 2028.
Management believes the dual inhibition strategy has the potential to raise the efficacy ceiling in HS and expand applications across other immunologic diseases.
• 2mo ago AI analysis › Press Release
Spyre Therapeutics Announces Grants of Inducement Awards
Spyre Therapeutics granted inducement awards to four new non-executive employees, consisting of options to purchase 19,436 shares and 6,186 restricted stock units.
The awards were approved on August 3, 2026, with an exercise price of $94.93 per share, which was the closing price on that date.
Vesting begins on the first anniversary of employment, with options vesting monthly thereafter and RSUs vesting annually over four years.
• 2mo ago AI analysis › Press Release ● Major
Spyre Therapeutics Reports Second Quarter 2026 Financial Results and Provides Corporate Update
Spyre Therapeutics reported a second quarter net loss of $36.2 million and ended the period with $1.1 billion in cash, providing a runway expected to extend into the second half of 2029.
The company announced positive topline induction data for SPY001 and SPY002 from Part A of the Phase 2 SKYLINE trial, showing statistically significant reductions in the Robart’s Histopathology Index score of 9.2 and 10.7 points, respectively.
Enrollment has completed for the Phase 2 SKYWAY basket trial in rheumatic diseases, with management remaining on track for six proof-of-concept Phase 2 readouts in 2026, including data for the RA sub-study expected in September.
• 2mo ago AI analysis › Press Release
Spyre Therapeutics Announces Grants of Inducement Awards
Spyre Therapeutics granted inducement equity awards to six new non-executive employees, consisting of 58,843 stock options and 2,134 restricted stock units.
The stock options carry a 10-year term and an exercise price of $88.89 per share, which was the closing price on the grant date of July 1, 2026.
These awards were approved by the Compensation Committee in accordance with Nasdaq Listing Rule 5635(c)(4) to facilitate the employees' acceptance of employment.
• 4mo ago AI analysis › Press Release ● Major
Spyre Announces Potential Best-in-Class SPY002 (anti-TL1A) Part A Induction Results from SKYLINE Trial in Moderate-to-Severe Ulcerative Colitis Patients
Spyre Therapeutics reported positive 12-week induction data from Part A of the Phase 2 SKYLINE trial for SPY002, an anti-TL1A antibody for ulcerative colitis.
The drug met its primary endpoint with a statistically significant 10.7-point reduction in Robart’s Histopathology Index (RHI) score (p<0.0001), alongside 33% clinical remission and 42% endoscopic improvement rates.
Safety was consistent with the TL1A class, with 41.7% of subjects experiencing treatment-emergent adverse events and no drug-related serious adverse events reported.
• 4mo ago AI analysis › Press Release
Spyre Therapeutics Announces Grants of Inducement Awards
Spyre Therapeutics granted stock options to purchase 51,300 shares to four non-executive employees as equity inducement awards.
The options carry an exercise price of $70.54, matching the June 1 closing price, and vest over four years with a 25% cliff.
These grants were approved by the Compensation Committee to comply with Nasdaq Listing Rule 5635(c)(4) for new hires.
• 4mo ago AI analysis › Press Release
Spyre Therapeutics Announces Completion of Enrollment in SKYWAY Basket Trial Evaluating SPY072 (anti-TL1A) in RA, PsA, and axSpA
Spyre Therapeutics announced the completion of enrollment for all sub-studies in the SKYWAY Phase 2 basket trial of SPY072.
The trial evaluates the anti-TL1A antibody in rheumatoid arthritis (RA), psoriatic arthritis (PsA), and axial spondyloarthritis (axSpA).
Enrollment was completed in less than nine months, keeping the company on track for its planned six Phase 2 readouts in 2026, with RA data expected in Q3 and PsA/axSpA data in Q4.
• 4mo ago AI analysis › Press Release
Spyre Therapeutics to Participate in Upcoming June Investor Conferences
Spyre Therapeutics announced that management will participate in two upcoming investor conferences in early June.
The company will present at the Jefferies Global Healthcare Conference on June 3 and the Goldman Sachs 47th Annual Global Healthcare Conference on June 8.
One-on-one investor meetings will also be hosted, with webcasts available on the company's investor relations website.
• 5mo ago AI analysis › Press Release ● Major
Spyre Therapeutics Reports First Quarter 2026 Financial Results and Provides Corporate Update
Spyre Therapeutics reported positive topline induction data from Part A of the Phase 2 SKYLINE trial for SPY001, achieving the primary endpoint with a 9.2-point reduction in RHI score.
The company strengthened its balance sheet with $463 million in gross proceeds from a recent offering, bringing pro forma cash to $1.2 billion with a runway into the second half of 2029.
Q1 net loss was $69.0 million, driven by increased R&D expenses of $60.4 million as the company advances its pipeline of six Phase 2 agents.
• 5mo ago AI analysis › Press Release
Spyre Therapeutics Announces Grants of Inducement Awards
Spyre Therapeutics granted stock options to purchase an aggregate of 20,800 shares to four new non-executive employees as inducement awards.
The options have a 10-year term and an exercise price of $69.42, which equals the closing price on the grant date.
Vesting commences on the first anniversary of each employee's start date, followed by monthly vesting thereafter.
• 6mo ago AI analysis › Press Release ● Critical
Spyre Therapeutics, Inc. Announces Closing of Public Offering and Full Exercise of the Underwriters' Option to Purchase Additional Shares for Gross Proceeds of $463.5 Million
globenewswire.com • 6mo ago Press Release ● Critical
Spyre Therapeutics Announces Pricing of Upsized $403.0 Million Public Offering of Common Stock
globenewswire.com • 6mo ago Press Release ● Critical
Spyre Therapeutics Announces Proposed Public Offering of its Common Stock
globenewswire.com • 6mo ago Press Release
Spyre Announces Potential Best-in-Class SPY001 Part A Induction Results from SKYLINE Trial in Moderate-to-Severe Ulcerative Colitis Patients
globenewswire.com • 6mo ago Press Release
Spyre Therapeutics to Host Conference Call to Report SPY001 Part A Induction Topline Results from SKYLINE Trial in Moderate-to-Severe Ulcerative Colitis Patients on April 13, 2026
globenewswire.com • 6mo ago Press Release ● Major
Spyre Therapeutics Announces Grants of Inducement Awards
globenewswire.com • 7mo ago Press Release
Spyre Therapeutics to Participate in Upcoming March Investor Conferences
globenewswire.com • 8mo ago Press Release ● Major
Spyre Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Corporate Update
globenewswire.com • 8mo ago