Two biotechs vying for the first peanut allergy treatment have readouts coming soon. Here’s what to expect

Two drug makers — Aimmune Therapeutics (AIMT) and AnaptysBio (ANAB) — are developing different methods to protect people against severe peanut allergy and will disclose important clinical trial results within the next two months.

Anyone with school-age children knows peanut allergy is a serious and prevalent health problem. It’s estimated that between 1.5 million to 2 million people under 18 in the U.S. have peanut allergy. Apart from scrupulous peanut avoidance, there are no approved treatments for people at risk for severe allergic reaction if exposed to even trace amounts of peanut protein.

There is no cure for peanut allergy. Instead, Aimmune and AnaptysBio seek to provide severe peanut allergy sufferers with meaningful protection against accidental exposure. A “peace of mind” treatment would still be commercially lucrative, with potential peak sales exceeding $1 billion annually, analysts forecast.

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