Stock Markets April 27, 2026 08:13 AM

FDA Grants Breakthrough Therapy Designation to TERN-701 for Certain Chronic Myeloid Leukemia Patients

Designation follows Phase 1/2 CARDINAL data showing molecular responses at 24 weeks and a generally favorable safety profile

By Ajmal Hussain TERN
FDA Grants Breakthrough Therapy Designation to TERN-701 for Certain Chronic Myeloid Leukemia Patients
TERN

Terns Pharmaceuticals said on Monday that the U.S. Food and Drug Administration has awarded Breakthrough Therapy Designation to its oral allosteric BCR::ABL1 inhibitor, TERN-701, for adults with chronic phase chronic myeloid leukemia without the T315I mutation who have previously received two or more tyrosine kinase inhibitors. The decision was based on data from the ongoing Phase 1/2 CARDINAL trial that reported major and deep molecular responses at week 24 and a predominantly low-grade adverse event profile.

Key Points

  • The FDA granted Breakthrough Therapy Designation to TERN-701 for adult patients with chronic phase CML without the T315I mutation who previously received two or more TKIs - impacts the biopharma development landscape.
  • Designation was based on Phase 1/2 CARDINAL data showing major and deep molecular responses at week 24, including in patients with high baseline disease burden and multiple prior therapies - relevant to clinical trial outcomes and oncology therapeutics markets.
  • Safety data from CARDINAL reported mostly low-grade treatment-emergent adverse events with a low incidence of severe events and discontinuations - pertinent to clinical risk assessment and regulatory review.

Terns Pharmaceuticals Inc. (NASDAQ:TERN) announced on Monday that the U.S. Food and Drug Administration has granted Breakthrough Therapy Designation to TERN-701 for the treatment of adult patients with chronic myeloid leukemia (CML) in the chronic phase who do not carry the T315I mutation and who have been treated previously with two or more tyrosine kinase inhibitors (TKIs).

TERN-701 is described by the company as an oral allosteric inhibitor of BCR::ABL1. The FDA designation was awarded on the basis of interim results from the ongoing Phase 1/2 CARDINAL clinical trial. CARDINAL enrolled patients with chronic phase CML who had been treated with at least one prior TKI and who experienced either treatment failure, a suboptimal response, or intolerance to prior therapy.

According to the trial data cited by Terns, the study showed both major molecular response (MMR) and deep molecular response (DMR) rates at the 24-week assessment. Responses were observed in patients who had a high disease burden at baseline and among individuals who had already received multiple lines of prior therapy.

On safety, the company reported that the majority of treatment-emergent adverse events (TEAEs) observed in the CARDINAL trial were low grade. There was a low incidence of severe adverse events and a low rate of treatment discontinuations attributed to adverse effects.

The Breakthrough Therapy Designation is a regulatory pathway intended to expedite the development and FDA review of medicines that target serious conditions or address unmet medical needs. The designation is intended to facilitate more intensive guidance from the FDA and potentially faster development timelines for qualifying therapies.

Terns' announcement focuses on the specific adult CML population without the T315I mutation who have previously been exposed to multiple TKIs, and it ties the regulatory recognition directly to the interim CARDINAL data showing molecular responses at week 24 alongside a generally manageable safety profile.

Risks

  • CARDINAL is an ongoing Phase 1/2 trial; the data supporting the designation are interim and subject to change as the study continues - this affects investors and stakeholders in the biopharma sector.
  • The FDA designation covers a defined patient subset - adults in chronic phase CML without the T315I mutation who have had prior TKI exposure - limiting the immediate addressable patient population and influencing market potential in oncology.
  • While most adverse events were low grade, the presence of any severe adverse events and discontinuations, even at low incidence, introduces clinical and regulatory uncertainty for further development and commercial timelines.

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