From Discovery to Translation: Building the Next Generation of RNA Therapeutics

Apterna’s pipeline is built around precision delivery and clinically meaningful outcomes. Our lead programme is advancing toward first-in-human readiness in severe liver disease, with the goal of restoring hepatic resilience and supporting real-world access and durability for established therapies, including GLP-1R+ regimens. In parallel, we are progressing a second platform designed for systemic delivery across the blood-brain barrier to address CNS-involved oncology and neurological indications. Every step is milestone-led, data-driven, and focused on high-impact unmet need.

A Portfolio Anchored in Precision Delivery

Apterna’s programmes are built around two validated, organ-targeted delivery platforms:

Liver-targeted platform

Focused on restoring hepatic resilience and improving metabolic health, with the goal of expanding real-world eligibility and durability for GLP-1R+ therapy in patients whose liver dysfunction limits treatment options.

Brain-targeted platform

Designed for systemic, non-invasive transport across the blood-brain barrier to deliver RNA payloads to the CNS, supporting partnering opportunities in CNS oncology and brain metastases.

Both platforms are non-viral, chemically defined, and engineered for scalable development and safety. Our objective is to progress from robust preclinical validation to IND and CTA readiness and early clinical translation.

Hepatocyte Uptake

GalNAc liver delivery pathway

BBB Transport

Receptor-guided brain delivery pathway

Apterna's Development Programmes

Current outline of our active and emerging programmes. Timelines reflect planned progression from preclinical to early clinical development.
```html Apterna Development Programmes
Apterna's Development Programmes
Programme Target Organ Therapeutic Focus Indication Stage Next Milestone
APX-101 Liver Restoration of liver function, supporting GLP-1R+ eligibility and durability Severe liver disease, including advanced hepatic impairment (GLP-1R+ enablement) Late Preclinical IND and CTA-enabling studies
APX-102 Liver Metabolic modulation designed for combination potential with GLP-1R+ therapies MASLD, MASH and NASH (GLP-1R+ combination and durability) Preclinical
Discovery
Candidate selection
APX-201 Brain RNA delivery across BBB Brain metastases Preclinical
Validation
Biodistribution studies
APX-202 Brain Neuroprotection CNS indications Discovery Platform optimisation
APX-301 Multisystem Platform co-development Partner-led indications Strategic Out-licensing
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APX-101: Liver Restoration in Advanced Liver Disease

Pioneering a Functional Rescue Approach

Rationale:

Programme Objectives:

Development Process

Programme Objectives:

Metabolic Intervention

Lipid accumulation → RNA intervention → Restored balance

APX-102: Fatty Liver and Metabolic Dysfunction

Addressing the Global Epidemic

Fatty liver disease is highly prevalent and continues to rise alongside obesity and metabolic dysfunction. APX-102 is designed to modulate hepatocyte pathways that drive lipid accumulation and inflammatory signalling, with the goal of reducing hepatic fat burden and slowing progression across the MASLD to MASH spectrum, including settings where liver status limits the real-world safety and durability of GLP-1R+ therapy.

Scientific Rationale:

Apterna’s liver delivery platform enables selective targeting of metabolic pathways within hepatocytes, helping minimise systemic exposure that has constrained many prior metabolic liver programmes.

  • Demonstrate meaningful reduction in hepatic lipid content and inflammatory markers

  • Evaluate dosing durability, repeat-dose tolerability, and longer-term liver safety

  • Position for expansion into obesity-associated liver dysfunction and GLP-1R+ combination strategies

Current Stage: Early preclinical exploration with candidate optimisation ongoing. Mechanistic validation planned for 2025–2026.

APX-201: Reaching the Brain Without Surgery

Our second technological pillar — a receptor-guided RNA delivery platform capable of crossing the blood–brain barrier after systemic administration.

Non-Viral System

Fully synthetic with proven brain penetration

RNA Modalities

Compatible with silencing, activating, coding

Partnership Ready

Extensive licensing potential

Key Highlights:

Current Work:

  •  Ongoing preclinical validation with academic partners
  •  Biodistribution and brain uptake studies
  • Expanding platform data package for partnerships in 2026

Strategic Roadmap Toward First-in-Human Studies

Collaborate With Us to Advance Precision RNA Medicine

Apterna offers multiple engagement models for pharmaceutical and academic partners

Co-Development

Joint work on specific disease indications

Platform Licensing

Access to liver or brain delivery systems for proprietary RNA payloads

Collaborative Research

Shared preclinical studies to accelerate validation

Our goal is to build partnerships that expand the therapeutic reach of RNA medicine while maintaining rigorous scientific and ethical standards.

From Precision Science to Real-World Impact

Apterna’s pipeline is built to deliver measurable patient benefit through safe, targeted RNA delivery. By combining validated chemistry, scalable design, and translational expertise, we aim to move beyond theoretical potential — toward a new generation of clinically meaningful RNA therapeutics.
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