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Shattuck Labs Provides Company Update and Announces SL-325, a First-In-Class Death Receptor 3 (DR3) Antagonist Targeting the TL1A/DR3 Signaling Pathway
Shattuck Labs (Nasdaq: STTK) announced a strategic pipeline prioritization, discontinuing its SL-172154 clinical program due to modest improvements in overall survival for TP53 mutant AML and HR-MDS patients. The company will focus on SL-325, a first-in-class DR3 antagonist antibody for inflammatory bowel disease (IBD), with an IND filing expected in Q3 2025.

Key points:
SL-172154 showed only modest improvement in median overall survival compared to azacitidine monotherapy benchmarks

Approximately 40% workforce reduction as part of restructuring

Cash runway extended into 2027

Mutual termination of collaboration agreement with Ono Pharmaceutical

SL-325 demonstrates high affinity binding and superior efficacy over TL1A antibodies in preclinical studies
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