One Investigational Therapy. Multiple Fronts Against Serious Liver Disease

Our pipeline is currently anchored in pemvidutide*, a novel dual-action investigational therapy engineered to target both the cause and the consequence of serious liver disease. With a single differentiated molecule, we are advancing programs across metabolic dysfunction-associated steatohepatitis (MASH), alcohol use disorder (AUD) and alcohol-associated liver disease (ALD).

Our Priority Programs in Serious Liver Diseases

Pemvidutide, our dual-action investigational therapy, is advancing across metabolic dysfunction-associated steatohepatitis (MASH), alcohol use disorder (AUD), and alcohol-associated liver disease (ALD). In August 2026, we announced the initiation of the PERFORMA Phase 3 trial in MASH, which we plan to have serve as our registrational study for pemvidutide for that indication.

Altimmune also continues to advance development of pemvidutide for AUD and ALD. In July 2026, we reported positive Phase 2 topline data from the RECLAIM Phase 2 trial in AUD. In August 2026, we announced the completion of patient enrollment in the RESTORE Phase 2 trial in ALD.

The U.S. Food and Drug Administration granted Fast Track designations to pemvidutide for the treatment of MASH and AUD, as well as Breakthrough Therapy Designation for MASH, underscoring both the significant unmet need in these diseases and the potential of our investigational therapy.

Pemvidutide
Preclinical
Phase 1
Phase 2
Phase 3
Key Milestones
Preclinical
Phase 1
Phase 2
Phase 3
MASH
(FDA Fast Track Designation)
(FDA Breakthrough Therapy Designation)

Title

90%
Key Catalysts
4Q25: IMPACT Phase 2b 48w data
4Q25: End of Phase 2 FDA meeting complete
2H26: PERFORMA Phase 3 trial initiated
AUD
(FDA Fast Track Designation)

Title

60%
Key Catalysts
4Q25: RECLAIM Phase 2 trial enrollment complete
3Q26: RECLAIM Phase 2 topline data
ALD

Title

55%
Key Catalysts
3Q26: RESTORE Phase 2 trial enrollment complete
2H27: RESTORE Phase 2 trial topline data