Stock Markets February 6, 2026

uniQure Shares Tick Higher After AMT-191 Shows Strong Early Activity in Fabry Trial

Phase I/IIa data show dose-dependent α-Gal A increases and ERT discontinuations, while mid-dose liver enzyme elevations pause further dosing

By Sofia Navarro QURE
uniQure Shares Tick Higher After AMT-191 Shows Strong Early Activity in Fabry Trial
QURE

uniQure NV’s stock rose modestly in premarket trading after the company released preliminary Phase I/IIa results for AMT-191, a gene therapy candidate for Fabry disease. All 11 treated patients demonstrated raised α-galactosidase A activity, with the highest-dose cohort achieving 27.7- to 223.7-fold increases over normal. Six patients met criteria to stop enzyme replacement therapy, and plasma lyso-Gb3 levels remained stable. Safety signals in the mid-dose group have prompted a temporary halt to further dosing in mid- and high-dose cohorts.

Key Points

  • All 11 trial participants showed increased α-Gal A activity with dose-dependent responses
  • Six patients discontinued enzyme replacement therapy after meeting study criteria; plasma lyso-Gb3 remained stable
  • Two asymptomatic Grade 3 liver enzyme elevations at mid-dose were dose-limiting and paused further mid- and high-dose dosing

uniQure NV (NASDAQ:QURE) shares climbed 3.1% in premarket trading Friday after the company published preliminary findings from its Phase I/IIa study of AMT-191, an investigational one-time gene therapy for Fabry disease.

The data, encompassing 11 patients spread across three ascending dose groups, showed increased activity of the deficient enzyme α-galactosidase A (α-Gal A) in every treated individual. The company reported a clear dose response: the highest-dose cohort recorded α-Gal A activity ranging from 27.7- to 223.7-fold above normal levels. One patient in that cohort sustained supraphysiological enzyme expression for more than a year following dosing.

According to the company, six of the 11 participants satisfied predefined criteria allowing them to discontinue standard enzyme replacement therapy (ERT). Across all cohorts and irrespective of whether patients remained on ERT, plasma lyso-Gb3 concentrations were reported as stable after dosing.

Walid Abi-Saab, M.D., uniQure’s chief medical officer, said, "These updated preliminary data reinforce our confidence in the biological activity of AMT-191, including sustained and dose-dependent increases in α-Gal A activity across all dose cohorts of the treated patients."

On safety, uniQure described AMT-191 as having a manageable profile overall but disclosed two notable events: at the mid-dose level, two patients experienced asymptomatic Grade 3 elevations in liver enzymes. Those events were confirmed as dose-limiting toxicities. As a result, the company has paused additional dosing in the mid- and high-dose cohorts while it evaluates those findings further.

Fabry disease is a rare genetic condition caused by insufficient α-Gal A activity, which leads to accumulation of a certain lipid within cells. Current standard of care typically requires repeated ERT infusions; a successful one-time gene therapy could change the treatment paradigm for affected patients.


Key points

  • All 11 patients in the Phase I/IIa AMT-191 trial showed elevated α-Gal A activity, with clear dose-dependent increases.
  • Six patients met pre-specified criteria to stop enzyme replacement therapy, and plasma lyso-Gb3 levels remained stable post-dose across cohorts.
  • Two asymptomatic Grade 3 liver enzyme elevations at the mid-dose level were classified as dose-limiting, prompting a pause in further mid- and high-dose enrollments.

Risks and uncertainties

  • Safety signal: confirmed Grade 3 liver enzyme elevations in two mid-dose patients have paused additional dosing in mid- and high-dose cohorts - this directly affects clinical development timelines and risk assessments.
  • Limited sample size: the data are preliminary and derived from 11 patients across three dose cohorts, which constrains the ability to generalize durability and safety across broader populations.
  • Regulatory and clinical follow-up: further evaluation of the dose-limiting toxicities is required before resuming higher-dose administration, creating uncertainty around next steps in the trial.

Market and sector impact

The results are relevant to the biotechnology and rare-disease therapeutics sectors. Positive early biological activity and ERT discontinuations may influence investor sentiment toward companies developing one-time genetic treatments, while safety events can weigh on near-term clinical and regulatory prospects.

Risks

  • Confirmed Grade 3 liver enzyme elevations at the mid-dose level have led to a halt in additional mid- and high-dose dosing, creating clinical and timeline risk
  • Findings are preliminary and stem from 11 patients across three cohorts, limiting generalizability
  • Further evaluation is required before resuming higher-dose administration, leaving regulatory and development uncertainty

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