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ReadoutTopline Readout↗ date slipped

Tarcocimab DAYLIGHT Phase 3 nAMD Topline

KOD·tarcocimab tedromer·Wet AMD··NCT04567303
current best date
AUG–AUG
2026
WINDOW3 months
Takeaway

Phase 3 efficacy readout for tarcocimab in wet AMD. Tarcocimab missed primary endpoints in two prior Phase 3 trials (BEACON for RVO, GLOW for DR). Watch: BCVA non-inferiority vs. aflibercept (Eylea).

What’s at stake

market · comparables · base rate · prior moves
Market opportunity
company filings
Peer comparables
2 readouts
ClinicalTrials.gov
Stage base rate
~58%
BIO Industry Analysis 2023 (2011–2020)
Avg prior-readout move
historical price reactions
Drug
biologic
tarcocimab tedromer
INN
MoAanti-VEGF antibody biopolymer conjugate

Tarcocimab tedromer is an anti-VEGF therapy developed by Kodiak Sciences using a novel antibody-biopolymer conjugate platform designed to extend the duration of action in retinal disease and reduce the frequency of intravitreal injections. The active antibody inhibits VEGF — the driver of abnormal retinal blood vessel growth in wet AMD and diabetic macular edema — while the biopolymer prolongs retention in the eye toward a 6-month dosing interval. Standard anti-VEGF drugs require injections every 1–3 months; tarcocimab has missed primary endpoints in two prior Phase 3 programs and is in a new pivotal trial for wet AMD versus aflibercept.

Indication
Other
Wet AMD
MeSH · D014602

No primer in glossary yet.

Trial
active
NCT04567303
DAYLIGHT Phase 3 Tarcocimab in nAMD
Phase
Ph 3
N
670
Primary completion
Jun 30, 2026

Prior KOD reactions to Readout events

2 historical events · base rate, not prediction
Median 1W move
-1.0%
Median 1M move
+7.1%
Positive outcomes
1/ 2
50%
Negative outcomes
1/ 2
50%
DateHeadlineOutcome1W1M6M
May 2025tarcocimab tedromer — Phase 2b Topline Met Primary Endpointpositive+27.3%+41.8%+36.2%
Mar 2025tarcocimab tedromer — Phase 2b Topline Met Primary Endpointnegative-29.4%-27.5%-15.0%

Historical KOD stock reaction to past Readout catalysts. Past performance is not a forecast — base rates anchor expectations, not outcomes. Positive rate 50%.

Disclosure trail

2 observations · sorted by confidence
  1. Apr 4, 2026·26d agopinned · highest confidence
    HIGH conf8-K
    top claim
    AUG–AUG2026
    WINDOW 61dvs prior
    Following completion of additional masked image adjudication, the Company now expects to report DAYLIGHT topline results in late Q3 2026.
    conf 91%via llm
  2. Feb 25, 2026·2mo ago
    MED conf8-K
    other claim
    JUN–JUN2026
    WINDOW
    We continue to expect DAYLIGHT topline data in mid-2026.
    conf 83%via llm

MethodologyEvery catalyst date is anchored to a primary source. Disclosures with confidence ≥ 0.85 auto-publish; the rest are reviewed by a human within 24 hours. We never interpret data — we organize public information.

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