Form 8-K
8-K — Structure Therapeutics Inc.
Accession: 0001104659-26-092017
Filed: 2026-08-06
Period: 2026-08-06
CIK: 0001888886
SIC: 2834 (PHARMACEUTICAL PREPARATIONS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or
15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
August 6, 2026
Structure
Therapeutics Inc.
(Exact name of registrant as specified in its
charter)
Cayman
Islands
001-41608
98-1480821
(State
or other jurisdiction
of incorporation)
(Commission
File
Number)
(IRS Employer
Identification
No.)
601
Gateway Blvd., Suite 900
South
San Francisco, California
94080
(Address
of principal executive offices)
(Zip
Code)
(Registrant’s
telephone number, including area code): (650) 457-1978
Not Applicable
(Former name or former address, if changed
since last report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
¨
Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title
of Each Class
Name Of Each Exchange
Trading Symbol(s)
On Which
Registered
American
Depositary Shares (ADSs), each representing three
ordinary shares, par value $0.0001 per ordinary share
GPCR
Nasdaq
Global Market
Ordinary
shares, par value $0.0001 per share*
True
Nasdaq
Global Market*
* Not for trading, but only in connection with the registration of
the American Depositary Shares
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02 Results of Operations and Financial Condition.
On August 6, 2026, Structure Therapeutics Inc. (the
“Company”) issued a press release providing a corporate update and announcing its financial results for the second quarter
ended June 30, 2026. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
herein by reference.
The information in this Current Report on Form 8-K (including
Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference
into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific
reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No.
Description
99.1
Press Release dated August 6, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Structure Therapeutics Inc.
Date: August 6, 2026
By:
/s/ Raymond Stevens
Raymond Stevens, Ph.D.
Chief Executive Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2622407d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Structure Therapeutics Reports Second Quarter
2026 Financial Results and Recent Highlights
First patients dosed in aleniglipron (oral small
molecule GLP-1 receptor agonist)
Phase 3 ACCOMPLISH program for chronic weight management
Data from Phase 1 SAD clinical trial of ACCG-2671
(oral small molecule dual amylin and calcitonin receptor agonist) and initiation of MAD clinical trial on track for Q3 2026
Topline 72-week aleniglipron ACCESS OLE data
on track for Q3 2026;
data from body composition, type 2 diabetes/obesity and SWITCH clinical trials
on track for Q4 2026
Appointed metabolic commercial industry veteran
John Berrios as Chief Commercial Officer
Cash, cash equivalents and short-term investments
of $1.3 billion as of June 30, 2026
expected to fund projected operations and key clinical milestones through 2028
SAN FRANCISCO, August 6, 2026
– Structure Therapeutics Inc. (NASDAQ: GPCR), a clinical-stage global biopharmaceutical company developing novel oral
small molecule therapeutics for metabolic diseases, with a focus on obesity, today reported financial results for the second quarter ended
June 30, 2026 and provided a business update including the initiation of the Phase 3 ACCOMPLISH program evaluating aleniglipron for
chronic weight management.
“Dosing the first patients in ACCOMPLISH-1 and -2 is a defining
milestone for Structure as we advance aleniglipron, our potentially best-in-class oral GLP-1 receptor agonist, toward potential registration,”
said Raymond Stevens, Ph.D., Chief Executive Officer of Structure Therapeutics. “As we enter this next stage of development, the
appointment of John Berrios as our Chief Commercial Officer adds tremendous experience in obesity, diabetes, market access and commercialization
to our senior leadership team, particularly given his leadership role in the GLP-1 space.”
“Obesity is a chronic disease, and people need treatment options
that can adapt to their individual goals over time,” continued Dr. Stevens. “We are building a comprehensive portfolio
of oral small molecule medicines designed to provide greater choice, flexibility and accessibility across the treatment journey, from
initial weight loss through long-term weight maintenance. As an important component of this strategy, we are advancing ACCG-2671, our
potentially first-in-class oral small molecule dual amylin and calcitonin receptor agonist and remain on track to report initial single
ascending dose data and initiate a multiple ascending dose clinical trial in the third quarter. We also look forward to initiating our
combination GLP-1 and amylin receptor agonist clinical trial later this year. We believe these programs have the potential to provide
meaningful, sustained weight and metabolic benefits through convenient and accessible oral treatment options.”
Recent and Upcoming Milestones
Aleniglipron – Oral Small Molecule Selective Glucagon-Like
Peptide 1 (GLP-1) Receptor Agonist for Chronic Weight Management
The Company announced that the first patients have been dosed in the
Phase 3 ACCOMPLISH program, which includes two clinical trials evaluating aleniglipron, a once-daily oral small molecule GLP-1 receptor
agonist.
· ACCOMPLISH-1 is evaluating aleniglipron in adults living with obesity or
overweight with a weight-related comorbidity and will enroll up to 3,600 patients; ACCOMPLISH-2 is evaluating aleniglipron in adults living
with obesity or overweight and type 2 diabetes mellitus (T2DM) and will enroll up to 1,100 patients.
· ACCOMPLISH-1 and ACCOMPLISH-2 are randomized, double-blind, placebo-controlled
clinical trials designed to evaluate the long-term efficacy and safety of three maintenance doses of aleniglipron. Participants in the
clinical trials will be randomized to one of four treatment arms, with three active doses (45 mg, 90 mg or 180 mg) or placebo. Patients
will begin treatment at a 2.5 mg starting dose with 4-week titration increments.
· Together, the ACCOMPLISH clinical trials are designed to support global regulatory
submissions for aleniglipron in chronic weight management.
· Additional
information about ACCOMPLISH-1 and ACCOMPLISH-2, including endpoints, eligibility criteria
and enrolling sites, is available at ClinicalTrials.gov under identifiers NCT07654361
and NCT07654374, respectively.
In June 2026, data from the Phase
2b ACCESS clinical trial of aleniglipron were published in Nature Medicine and highlighted in an oral presentation at the
American Diabetes Association's (ADA) 86th Scientific Sessions. The publication and presentation detailed dose-dependent, clinically
meaningful and statistically significant reductions in body weight, with continued weight loss beyond 36 weeks and up to 16.2% at 44
weeks observed during the open-label extension. The tolerability profile reflected the well-known gastrointestinal-related adverse events
typical of the GLP-1 class, with a favorable overall discontinuation rate of 10.4%.
Structure plans to report new data from the following aleniglipron
clinical trials in the second half of 2026:
· The ACCESS Open Label Extension (OLE) clinical trial is evaluating the tolerability
of the dose titration regimen that includes a starting dose of 2.5 mg in placebo crossover patients. The clinical trial will be completed
after a total of 72 weeks of treatment, where some participants have been exposed to 180 mg for a certain period of time. Data are expected
in Q3 2026.
· The Body Composition clinical trial is assessing the effect of aleniglipron
on body fat loss over a 44-week evaluation period. Data are expected in Q4 2026.
· The clinical trial in patients with T2DM with obesity/overweight is evaluating
the potential for including participants with T2DM in the Phase 3 program. Data are expected in Q4 2026.
· The SWITCH clinical trial is assessing the transition from an approved injectable
GLP-1 receptor agonist to once-daily oral aleniglipron for long-term weight loss maintenance. Data are expected in Q4 2026.
Oral Small Molecule Dual Amylin and Calcitonin Receptor Agonists
· ACCG-2671, an oral small molecule dual amylin and calcitonin receptor agonist,
continues to be evaluated in an ongoing Phase 1 single ascending dose (SAD) clinical trial assessing safety, tolerability, pharmacokinetics
and food effect in healthy adult participants. Initial data, along with initiation of a multiple ascending dose (MAD) clinical trial,
remain on track for Q3 2026.
· The Company plans to initiate a Phase 1 clinical trial of its second oral
small molecule dual amylin and calcitonin receptor agonist candidate, ACCG-3535, in Q4 2026, demonstrating continued leadership in the
oral small molecule amylin field.
Combination of Oral Small Molecule GLP-1 and Amylin Receptor Agonists
· Preclinical
combination data of aleniglipron and ACCG-2671 were presented at the ADA Scientific Sessions
in June 2026 demonstrating additional weight loss compared to each monotherapy in non-human
primates. A combination clinical trial is expected to be initiated in Q4 2026.
Appointment of John Berrios as Chief Commercial Officer (CCO)
· Structure has appointed John Berrios as its CCO. Mr. Berrios brings
more than 25 years of commercial leadership experience across the biopharmaceutical industry, with expertise spanning commercial strategy,
sales, marketing, operations and market access. Most recently, he served as Head of U.S. Sales Strategy and Innovation for Obesity and
Diabetes at Novo Nordisk and was instrumental in leading the strategic planning and commercial launch of its obesity and diabetes portfolio.
Previously, he held senior leadership roles at Bayer Pharmaceuticals and AstraZeneca, where he led commercial organizations and supported
the launch and growth of multiple products across obesity, diabetes, cardiovascular disease, and other therapeutic areas.
Second Quarter 2026 Financial Highlights
Cash Position: Cash, cash
equivalents and short-term investments totaled $1.3 billion as of June 30, 2026, compared to $1.5 billion as of March 31, 2026.
The Company expects its current cash, cash equivalents and short-term investments to fund projected operations and key clinical milestones
through the end of 2028, including costs related to the ongoing aleniglipron ACCESS OLE, ACCESS II extension clinical trial, the supplementary
clinical trials, and Phase 3 registrational program in chronic weight management, but excludes additional costs related to pre-commercialization
activities including commercial manufacturing.
Research and Development (R&D)
Expenses: R&D expenses for the second quarter of 2026 were $100.1 million, as compared to $54.7 million for the same period
in 2025. The increase in research and development expenses was primarily due to increases related to clinical trial costs, preclinical
research and development expenses, and employee expenses (primarily due to an increase in personnel).
General and Administrative (G&A)
Expenses: G&A expenses for the second quarter of 2026 were $18.6 million, as compared to $15.7 million for the same period
in 2025. The increase in G&A expenses was primarily due to increases in employee expenses as the Company expanded its infrastructure
to drive and support the growth in operations as a publicly-traded company, and increases in professional services.
Net Loss: Net loss for
the second quarter of 2026 totaled $106.2 million, with non-cash share-based compensation expense of $12.6 million, compared to a net
loss of $61.7 million for the same period in 2025, with non-cash share-based compensation expense of $7.5 million.
About Structure Therapeutics
Structure Therapeutics is a science-driven clinical-stage biopharmaceutical
company focused on discovering and developing innovative oral small molecule treatments for chronic metabolic conditions with significant
unmet medical needs. Utilizing its next generation structure-based drug discovery platform, the Company has established a robust GPCR-targeted
pipeline, featuring multiple wholly-owned proprietary clinical-stage oral small molecule compounds designed to surpass the scalability
limitations of traditional biologic and peptide therapies and be accessible to more people living with obesity around the world. For
additional information, please visit www.structuretx.com.
Forward Looking Statements
This
press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the
Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release
are statements that could be deemed forward-looking statements, including, without limitation, statements concerning: the Company’s
future plans and prospects, including its research and development activities; the design, initiation, enrollment, conduct, timing and
completion of the Company’s clinical trials, including the aleniglipron Phase 3 ACCOMPLISH program, the ACCG-2671 multiple ascending
dose (MAD) clinical trial, the ACCG-3535 Phase 1 clinical trial and the combination amylin/GLP-1 clinical trial and the timing of topline,
interim, or additional data readouts from the Phase 1 single ascending dose (SAD) clinical trial of ACCG-2671, and the aleniglipron ACCESS
OLE, Body Composition, SWITCH and type 2 diabetes/obesity clinical trials; the Company’s expectation that the aleniglipron ACCOMPLISH
clinical trials will be sufficient to support global regulatory submissions for aleniglipron in chronic weight management; any expectations
regarding the potential benefits, tolerability and safety profile, accessibility, scalability, combinability, capability, efficacy, convenience,
expected effects, competitive positioning (including any characterization of a product candidate as potential “best-in-class”
or “first-in-class”) and future application of aleniglipron, ACCG-2671, ACCG-3535 and any other of the Company’s investigational
compounds; any presumption that topline, interim or preliminary data will be representative of, or predictive of, final data from other
or later clinical trials; the Company’s ability to support global regulatory submissions for its product candidates and to obtain,
maintain and expand regulatory approvals; and the Company’s expectations regarding its cash, cash equivalents and short-term investments
and its estimated cash runway, including its ability to fund projected operations and clinical milestones through the end of 2028. In
addition, when or if used in this press release, the words and phrases “continue,” “could,” “anticipated,”
“believe,” “expect,” “may,” “on track,” “plan,” “potential,”
“project,” “remain,” “target,” “suggests,” “to be,” “to begin,”
“will,” and similar expressions and their variants, as they relate to the Company may identify forward-looking statements.
Forward-looking statements are neither historical facts nor assurances of future performance. Although the Company believes the expectations
reflected in such forward-looking statements are reasonable, the Company can give no assurance that such expectations will prove to be
correct. Readers are cautioned that actual results, levels of activity, safety, performance or events and circumstances could differ
materially from those expressed or implied in the Company’s forward-looking statements due to a variety of risks and uncertainties,
which include, without limitation: the risk that topline, interim or preliminary data the Company reports are based on a preliminary
analysis of then-available efficacy and safety data, and such data may change following a more comprehensive review of the data related
to the applicable clinical trial, and such topline, interim or preliminary data may not accurately reflect the complete or final results
of a clinical trial; the preliminary nature of clinical results given the length of the applicable clinical trial and sample size, and
the fact that results from earlier clinical trials are not necessarily predictive of future results; potential delays in the commencement,
enrollment, conduct or completion of the Company’s planned and ongoing clinical trials, including the Phase 3 ACCOMPLISH program;
the risk that clinical trial results may not support further development or regulatory approval of aleniglipron, ACCG-2671, ACCG-3535,
or the Company’s other therapeutic candidates; the Company’s ability to obtain and maintain regulatory approval of, and ultimately
successfully commercialize, its therapeutic candidates; the effect of competitive products or therapeutic approaches on the commercial
value of the Company’s product candidates; the Company’s ability to fund its development activities and achieve its development
goals; and other risks and uncertainties described in the Company’s filings with the U.S. Securities and Exchange Commission
(SEC), including the Company’s most recent Quarterly Report on Form 10-Q, and other reports the Company has filed or may file
with the SEC from time to time. All forward-looking statements contained in this press release speak only as of the date on which they
were made and are based on management’s assumptions and estimates as of such date. The Company undertakes no obligation to update
such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by
law.
Investors:
Corey Davis,
Ph.D.
LifeSci Advisors, LLC
212-915-2577
cdavis@lifesciadvisors.com
Jen Robinson
Structure Therapeutics Inc.
ir@structuretx.com
Media:
Dan Budwick
1AB
Dan@1abmedia.com
STRUCTURE THERAPEUTICS INC.
Condensed Consolidated Statements of Operations
(unaudited)
(In thousands)
THREE MONTHS ENDED
SIX MONTHS ENDED
JUNE 30,
JUNE 30,
2026
2025
2026
2025
Operating expenses:
Research and development
$ 100,057
$ 54,710
$ 166,564
$ 97,577
General and administrative
18,573
15,741
41,445
29,185
Total operating expenses
118,630
70,451
208,009
126,762
Loss from operations
(118,630 )
(70,451 )
(208,009 )
(126,762 )
Interest and other income, net
12,705
8,929
26,306
18,505
Loss before provision for income taxes
(105,925 )
(61,522 )
(181,703 )
(108,257 )
Provision for (benefit from) income taxes
234
139
424
237
Net loss
$ (106,159 )
$ (61,661 )
$ (182,127 )
$ (108,494 )
STRUCTURE THERAPEUTICS INC.
Condensed Consolidated Balance Sheet Data
(unaudited)
(In thousands)
JUNE 30,
DECEMBER 31,
2026
2025
Assets
Current assets:
Cash, cash equivalents and short-term investments
$ 1,342,658
$ 1,446,197
Prepaid expenses and other current assets
29,370
124,106
Total current assets
1,372,028
1,570,303
Property and equipment, net
6,332
6,653
Operating right-of-use assets
6,060
6,245
Other non-current assets
40,995
717
Total assets
$ 1,425,415
$ 1,583,918
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable
$ 11,131
$ 13,864
Accrued expenses and other current liabilities
52,387
46,543
Operating lease liabilities, current portion
2,595
2,878
Total current liabilities
66,113
63,285
Operating lease liabilities, net of current portion
3,633
3,609
Other non-current liabilities
1,265
647
Total liabilities
71,011
67,541
Total shareholders’ equity
1,354,404
1,516,377
Total liabilities and shareholders’ equity
$ 1,425,415
$ 1,583,918
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- Definition
Boolean flag that is true only for a security having no trading symbol.
+ References
No definition available.
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Exchange Act
-Number 240
-Section 13e
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
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- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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Name of the Exchange on which a security is registered.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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Trading symbol of an instrument as listed on an exchange.
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No definition available.
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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