Nektar Therapeutics (NKTR) Misses Q1 EPS by 69c, Miss on Revenues

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Nektar Therapeutics (NKTR) Announces Initiation of a Phase 1b Clinical Study of NKTR-358

May 8, 2018 8:36 AM EDT

Nektar Therapeutics (NASDAQ: NKTR) today announced that it has commenced dosing patients with systemic lupus erythematosus (SLE) in a Phase 1b clinical study evaluating NKTR-358, a first-in-class regulatory T cell stimulator. NKTR-358 selectively stimulates the proliferation and activation of regulatory T cells (Tregs) in the body in order to restore the body's self-tolerance mechanisms. Unlike immunosuppressant medicines that treat the symptoms of autoimmune disease by inhibiting the entire immune system which can cause unwanted side effects, NKTR-358 is designed to correct the underlying... More