01Pulmonary hypertension

Targeting pulmonary vascular disease and right-ventricular dysfunction.

CalciMedica is investigating CRAC channel inhibition to address pulmonary vascular disease and preserve right-ventricular function. Intravenous Auxora is advancing toward clinical proof-of-concept in PAH, while oral CM5480 is in development for PAH and CpcPH-HFpEF.

02The disease

High pressure persists. The right ventricle remains at risk.

Existing therapies focus on lowering pulmonary pressure, yet pressure can remain elevated even with combination treatment. The right ventricle’s ability to withstand this load is a major determinant of prognosis.

The unmet need

Protect right-ventricular (RV) function at any given afterload—the pressure against which it pumps. Current approved therapies do not directly target RV dysfunction.

Our initial focus: pulmonary arterial hypertension (PAH) and combined post- and pre-capillary PH in heart failure with preserved ejection fraction (CpcPH-HFpEF).

03Rationale

Lower the pressure. Protect the right ventricle.

CRAC channel inhibition has the potential to do both: reduce pulmonary pressure and directly protect RV function.

Lower pulmonary pressure

Reduced pulmonary vascular resistance, pressure, and remodeling in preclinical models.

Directly protect RV function

Improved RV function and reduced remodeling in preclinical models where pressure overload is maintained.

A distinct pathway. Potential for added benefit.

Pathway studies support CRAC channel signaling as distinct from the pathways targeted by existing PAH therapies, providing a rationale for additive benefit alongside those treatments.

04Supporting biology

CRAC channel components are upregulated in human pulmonary vascular and cardiac disease.

Human tissue studies show upregulation in the pulmonary arteries and veins, right ventricle, and left ventricle.

Pulmonary arteries (PAH)

Orai1 is upregulated in pulmonary arteries from patients with pulmonary arterial hypertension.

Pulmonary veins (PVOD)

Orai1 is upregulated in pulmonary veins from patients with pulmonary veno-occlusive disease.

Right ventricle (PAH)

STIM1L, a CRAC channel regulator, is upregulated in right-ventricular tissue from patients with PAH.

Left ventricle (heart failure)

Orai1 is upregulated in left-ventricular fibroblasts from patients with heart failure.

05Preclinical evidence

Evidence across the pulmonary vasculature and the heart.

Five complementary models examine CRAC channel inhibition in pulmonary vascular disease and in the heart under pressure overload.

Positive results across five complementary models

  • Monocrotaline (MCT)
  • Sugen/hypoxia
  • Chronic hypoxia
  • Pulmonary artery banding (PAB)
  • Transverse aortic constriction (TAC)

MCT and PAB studies evaluated CM5480; Sugen/hypoxia, chronic hypoxia, and TAC studies used Orai1 tool compounds. PAB and TAC isolate cardiac pressure overload.

Pulmonary artery banding (PAB) rat model

Direct RV pressure overload

Direct RV effects beyond pulmonary vasodilation.

In a pulmonary artery banding model that isolates right-ventricular pressure overload from pulmonary vascular disease, CM5480 improved RV systolic and diastolic function and reduced hypertrophy and fibrosis. These findings support the potential for direct cardiac protection, independent of pulmonary vascular effects.

Monocrotaline (MCT) rat PAH model

Integrated pulmonary vascular and cardiac effects.

In the MCT rat PAH model, CM5480 reduced pulmonary vascular resistance and remodeling, improved cardiac output, and reduced right-ventricular remodeling.

Reduced PVR

CM5480 reduced pulmonary vascular resistance.

Reduced vascular remodeling

CM5480 reduced muscularization and remodeling of pulmonary vessels.

Improved cardiac output

CM5480 improved cardiac output.

Reduced RV remodeling

CM5480 reduced right-ventricular hypertrophy and remodeling.

Additive with standard-of-care vasodilators

In separate MCT studies, CM5480 showed additive benefit when combined with sildenafil or ambrisentan. Studies in patient-derived pulmonary artery cells also support a mechanism distinct from established PAH pathways.
Transverse aortic constriction (TAC) mouse model

Preserving left-ventricular function under pressure overload.

The Orai1 tool compound JPIII preserved left-ventricular systolic function and reduced fibrotic gene expression in mice subjected to pressure overload. These findings extend the cardiac rationale to the left ventricle and support further investigation in PH associated with left-heart disease.

LV ejection fraction
71.2% vs. 56.9%
JPIII vs. vehicle · p=0.001
LV end-systolic volume
0.044 vs. 0.089 mL
JPIII vs. vehicle · p=0.003

Between-group comparisons at eight weeks, after five weeks of pressure overload and three weeks of treatment; five mice per TAC group.

06Development plan

Auxora Phase 1b data expected in mid-2027.

The planned Auxora Phase 1b study will evaluate CRAC channel inhibition in PAH and inform development of oral CM5480 for chronic treatment in PAH and CpcPH-HFpEF.

  1. 2H 2026

    Auxora PAH Phase 1b IND submission

    IND submission anticipated for the planned Auxora Phase 1b proof-of-concept study in PAH.

  2. Mid-2027

    Auxora PAH Phase 1b data

    • Approximately 10 patients with functional class II–III PAH
    • Five-day intravenous treatment course
    • Right- and left-ventricular hemodynamics assessed through right heart catheterization (RHC), echocardiography, cardiac MRI, and biomarkers
  3. Mid-2027

    CM5480 IND submission

    IND submission anticipated for CM5480, a next-generation oral CRAC channel inhibitor designed for chronic treatment.

  4. Potential follow-on

    Auxora in hospitalized pulmonary hypertension

    Potential follow-on development in hospitalized PH populations, including CpcPH-HFpEF.

Mid-2027Auxora PAH Ph1b dataInitial hemodynamic, imaging, and biomarker data anticipated.

Strategic objectives

  • Generate initial human proof-of-concept for CRAC channel inhibition in PAH
  • Inform clinical development of CM5480 in PAH and other PH groups
  • Evaluate Auxora as a potential IV therapy in hospitalized PH populations

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