Gain Therapeutics Reports Financial Results for First Quarter 2026 and Provides Corporate Update

About this update from Gain Therapeutics, Inc.

BETHESDA, Md., May 11, 2026 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today reported financial results for the quarter ended March 31, 2026, and provided a corporate update. “The first quarter of 2026 marked another exciting quarter for Gain, as we continued to build on the important advancements achieved in 2025 related to both the scientific understanding and clinical development of our lead candidate GT-02287, in development for the treatment of Parkinson’s disease with or without a GBA1 mutation. This is underscored by the promising biomarker and early clinical evidence from our ongoing Phase 1b study supporting the potential disease modifying properties of GT-02287 that we presented at AD/PD™ 2026 in Copenhagen this past March,” said Gene Mack, President and CEO of Gain Therapeutics. Mr. Mack added, “The analysis of biomarkers and clinical evidence of efficacy is ongoing throughout the nine-month extension of the Phase 1b study, which is expected to complete in October 2026. MDS-UPDRS scores have remained durable to date, and we look forward to sharing more details at the upcoming 3rd International GBA1 Meeting later this month in Phoenix, Arizona. We believe the totality of the data supports the potential of GT-02287 to treat both idiopathic and GBA1 Parkinson’s disease, and we remain focused on helping to shift the treatment paradigm from managing symptoms of Parkinson’s disease towards disease modification and addressing the underlying biology causing those symptoms. We expect to receive FDA clearance of our IND during Q2 2026 and remain on track to begin our Phase 2 study in Q3 2026.” First Quarter 2026 and Recent Corporate and Pipeline Highlights Pipeline Updates GT-02287 GT-04686 Corporate Updates Upcoming Anticipated Milestones Q1 2026 Financial Results Research and development (R&D) expenses increased by $0.5 million to $2.8 million for the three months ended March 31, 2026, as compared to $2.3 million for the three months ended March 31, 2025. The increases in research and development expenses were primarily related to costs associated with the Company’s lead program compound GT-02287 for the treatment of Parkinson’s disease, unfavorable foreign excha...

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