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Sign InClimb Bio continues to hold a 'Buy' rating, driven by robust Phase 1b data for its drug budoprutug in treating primary membranous nephropathy (pMN). Investors are looking toward the second half of 2026, when initial data from the Phase 2 PrisMN trial is expected to serve as a major catalyst for the company. To further strengthen its competitive advantage, the company is planning to expand budoprutug’s applications into systemic lupus erythematosus (SLE) and immune thrombocytopenia (ITP). This strategic expansion highlights Climb Bio's commitment to addressing a broader range of autoimmune indications. The clinical progress and upcoming milestones underscore the company's potential for long-term value creation. Analysts remain focused on these 2026 clinical readouts as pivotal moments for the stock's trajectory.