Ongoing PreciSION CF Phase 2a proof-of-concept trial evaluating NBD1 stabilizer SION-719 as an add-on to standard of care in participants with cystic fibrosis is on track with topline data anticipated in mid-2026
Ongoing Phase 1 trial evaluating NBD1 stabilizer SION-451 in proprietary dual combinations with SION-2222 and with SION-109 in healthy volunteers is on track with topline data anticipated in mid-2026
Maintained strong cash position with approximately
“2025 was a remarkable and transformative year for Sionna. Propelled by the momentum of our upsized IPO in February, we have been steadily executing across our pipeline and strengthening the capabilities of our team. We delivered positive results from the two Phase 1 trials of our first-in-class NBD1 stabilizers SION-719 and SION-451 and expeditiously advanced these candidates into the next stages of development,” said
Pipeline Updates
NBD1 Stabilizers
- Ongoing PreciSION CF Phase 2a Proof-of-Concept Trial with SION-719 On Track: In
October 2025 , Sionna announced the initiation of the PreciSION CF Phase 2a proof-of-concept (POC) trial (NCT07108153)?evaluating SION-719 as an add-on to standard of care (SOC) in CF patients. The trial is evaluating the safety, tolerability, and pharmacokinetics (PK) of SION-719 when administered with SOC and assessing change in CFTR function as measured by sweat chloride levels. Topline data from this trial are anticipated in mid-2026. - Ongoing Phase 1 Dual Combination Trial with SION-451 and Complementary Modulators On Track: In
August 2025 , Sionna announced the initiation of the Phase 1 trial (NCT07035990) evaluating SION-451 in proprietary dual combinations with SION-2222 (galicaftor), a transmembrane domain 1 (TMD1)-directed CFTR corrector, and with SION-109, an intracellular loop 4 (ICL4)-directed CFTR corrector, in healthy volunteers. The trial is ongoing, with topline data anticipated in mid-2026. - Data Presented at 2025
North American Cystic Fibrosis Conference : InOctober 2025 , Sionna presented data at the 2025 North American Cystic Fibrosis Conference (NACFC). An oral presentation highlighted data from the two single agent healthy volunteer Phase 1 clinical trials of novel NBD1 stabilizers, SION-719 and SION-451. As previously disclosed, in these Phase 1 trials, both SION-719 and SION-451 were generally well tolerated and exceeded target exposure levels. A poster presentation included new preclinical data that show the impact of SION-719 and SION-451 on the half-life of F508del-CFTR protein. In preclinical studies, NBD1 stabilizers SION-719 and SION-451 increased the half-life of mature F508del-CFTR protein up to levels seen in wild-type. This effect was apparent when NBD1 stabilizers were used as single agents or when combined with complementary modulators. These data reinforce the differentiation of the NBD1 mechanism of action.
Financial Results for the Quarter and Year Ended
Research and Development Expenses: Research and development expenses were $15.2 million for the fourth quarter of 2025 and
General and Administrative Expenses: General and administrative expenses were $8.4 million for the fourth quarter of 2025 and
Net Loss:?Net loss was
Cash and Cash Equivalents:?Cash, cash equivalents and marketable securities totaled?$310.3 million?as of
About?Sionna Therapeutics
Sionna intends to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor Sionna’s Investor Relations website, in addition to following Sionna’s press releases,
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, implied and express statements about Sionna’s beliefs and expectations regarding: its goal of transforming the treatment paradigm for CF and providing clinically meaningful benefit to CF patients; the initiation, timing, progress and results of Sionna’s research and development programs, clinical trials and studies, including the timing of topline data from Sionna’s Phase 2a proof-of-concept trial and Phase 1 dual combination trial; the ability of clinical trials to demonstrate safety and efficacy of Sionna’s product candidates, including the potential of an NBD1 stabilizer added to the standard of care or used in a proprietary dual combination to provide clinically meaningful benefit; the ability of Sionna’s preclinical studies or earlier clinical trials to predict later clinical trial results; and financial projections and expectations regarding the time period in which Sionna’s capital resources will be sufficient to fund its anticipated operations, including cash runway, use of capital, expenses and other financial results. In some cases, the forward-looking statements can be identified by terms such as “may,” “will,” “should,” “would,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions. Any forward-looking statements in this press release are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by the forward-looking statements contained in this press release. Factors that could cause actual results to differ include, but are not limited to, risks and uncertainties inherent in the development of product candidates, including uncertainties concerning the initiation, timing, progress, and results of Sionna’s ongoing, planned and future clinical trials and studies; the company’s ability to replicate positive results from earlier preclinical studies or clinical trials in current or future clinical trials; Sionna’s ability to demonstrate that its NBD1 stabilizers, complementary CFTR modulators, and any potential future product candidates are safe and effective for their proposed indications; regulatory developments in
Media Contact
Adam Daley
CG Life
212.253.8881
adaley@cglife.com
Investor Contact
Juliet Labadorf
ir@sionnatx.com
| Consolidated Statements of Operations | |||||||||||||||
| (In thousands, except per share data) | |||||||||||||||
| (unaudited) | |||||||||||||||
| Three Months Ended | Year Ended | ||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||
| Operating expenses: | |||||||||||||||
| Research and development | $ | 15,168 | $ | 14,254 | $ | 60,263 | $ | 57,288 | |||||||
| General and administrative | 8,444 | 3,880 | 28,719 | 13,268 | |||||||||||
| Total operating expenses | 23,612 | 18,134 | 88,982 | 70,556 | |||||||||||
| Loss from operations | (23,612 | ) | (18,134 | ) | (88,982 | ) | (70,556 | ) | |||||||
| Other income: | |||||||||||||||
| Interest income | 3,172 | 2,119 | 13,295 | 8,170 | |||||||||||
| Other income | - | 167 | 419 | 698 | |||||||||||
| Total other income | 3,172 | 2,286 | 13,714 | 8,868 | |||||||||||
| Net loss | $ | (20,440 | ) | $ | (15,848 | ) | $ | (75,268 | ) | $ | (61,688 | ) | |||
| Net loss per share, basic and diluted | $ | (0.46 | ) | $ | (3.38 | ) | $ | (1.88 | ) | $ | (15.99 | ) | |||
| Weighted-average common shares outstanding, basic and diluted | 44,635,136 | 4,691,141 | 39,962,163 | 3,858,859 | |||||||||||
| Selected Consolidated Balance Sheet Data | |||||||
| (In thousands) | |||||||
| (Unaudited) | |||||||
| 2025 | 2024 | ||||||
| Cash, cash equivalents, and marketable securities | $ | 310,302 | $ | 168,043 | |||
| Working capital1 | 229,707 | 140,573 | |||||
| Total assets | 325,953 | 185,752 | |||||
| Total stockholders’ equity (deficit) | 306,833 | (163,713 | ) | ||||
| 1Sionna defines working capital as current assets minus current liabilities. | |||||||
Source: 