The Paradigm Shift in Chronic Hepatitis B Management
On January 7, 2026, the landscape of hepatology reached a historic turning point. GlaxoSmithKline (GSK) announced that its investigational antisense oligonucleotide (ASO), Bepirovirsen, successfully achieved its primary endpoints in two landmark Phase III clinical trials: B-Well 1 and B-Well 2. This breakthrough represents more than just a successful clinical trial; it signals a fundamental shift in the treatment paradigm for Chronic Hepatitis B (CHB), moving from the current model of lifelong viral suppression toward a finite, curative therapeutic approach.
For the estimated 250 to 300 million individuals globally living with CHB, the prospect of functional cure—defined as the sustained loss of Hepatitis B surface antigen (HBsAg) and undetectable HBV DNA after the cessation of therapy—has long been the ultimate clinical goal. Historically, this goal was rarely achieved with existing standard-of-care treatments. The B-Well trial results suggest that this goal is now within clinical reach for a significant portion of the patient population.
The Unmet Need: Limitations of Current Standard of Care
Chronic Hepatitis B remains a leading cause of cirrhosis, liver failure, and hepatocellular carcinoma (HCC). The current standard of care primarily relies on nucleos(t)ide analogues (NAs) such as tenofovir or entecavir. While NAs are highly effective at inhibiting the reverse transcription of pre-genomic RNA, thereby suppressing viral replication and lowering HBV DNA levels, they do not directly target the integrated HBV DNA or the covalently closed circular DNA (cccDNA) in the nucleus of hepatocytes.
Consequently, NAs rarely lead to the clearance of HBsAg. The rate of functional cure with lifelong NA therapy is notoriously low, often cited at less than 1% annually. This necessitates indefinite treatment, which carries burdens of long-term cost, potential side effects, and the psychological weight of a chronic, incurable infection. Bepirovirsen was developed specifically to address these limitations by targeting the viral lifecycle at an earlier stage.
Mechanism of Action: The Triple-Action Strategy of Bepirovirsen
Bepirovirsen is a GalNAc-conjugated antisense oligonucleotide designed with a unique triple-action mechanism that differentiates it from both NAs and traditional interferon therapies. Its design targets all HBV RNA species, including messenger RNA (mRNA) and pre-genomic RNA (pgRNA).
1. RNA Degradation via RNase H
Bepirovirsen binds specifically to HBV RNA sequences, triggering the recruitment of RNase H, an enzyme that cleaves the RNA-ASO heteroduplex. This results in the direct degradation of viral RNA, effectively halting the production of viral proteins.
2. Suppression of HBsAg Production
By degrading the transcripts responsible for HBsAg, Bepirovirsen significantly reduces the circulating levels of this antigen. In CHB, HBsAg is produced in vast excess and acts as an ‘immune decoy,’ exhausting the host’s T-cells and preventing an effective immune response. Lowering HBsAg is considered a prerequisite for restoring the host’s immune system.
3. Immune System Rejuvenation
The reduction in HBsAg levels is hypothesized to relieve the ‘immune paralysis’ characteristic of chronic infection. This allows for the reactivation of HBV-specific T-cells and B-cells, enabling the host’s own immune system to recognize and eliminate infected hepatocytes, thereby facilitating a durable functional cure.
Clinical Trial Design: B-Well 1 and B-Well 2
The B-Well clinical program consists of two global, multi-center, randomized, double-blind, placebo-controlled Phase III trials. These studies were designed to evaluate the safety and efficacy of Bepirovirsen in a diverse population of CHB patients who were already receiving stable NA therapy.
Study Population and Methodology
The trials enrolled over 1,800 participants across 29 countries, ensuring a robust dataset that reflects global genetic and viral diversity. Participants were randomized to receive either Bepirovirsen 300 mg (administered via subcutaneous injection) or a placebo, in addition to their ongoing NA therapy. The treatment duration was designed as a finite 24-week course, followed by a rigorous follow-up period to monitor for sustained HBsAg loss after the discontinuation of the ASO.
Key Findings: Achieving Statistically Significant Functional Cure Rates
According to the data released by GSK, both B-Well 1 and B-Well 2 successfully met their primary endpoints. The trials demonstrated that a statistically significant and clinically meaningful proportion of patients achieved functional cure compared to the placebo-plus-NA group.
Functional Cure and HBsAg Loss
While specific percentage breakdowns are slated for presentation at upcoming scientific congresses, the results confirm that Bepirovirsen significantly outperforms the current standard of care. The data indicates that the ‘finite therapy’ model—treating for 24 weeks—can lead to sustained HBsAg loss. This is a monumental departure from the decades-long duration required by previous interventions.
The Impact of Baseline HBsAg Levels
A critical insight reinforced by the Phase III data is the influence of baseline HBsAg levels on treatment outcomes. Building on the previous Phase IIb B-Clear study, the Phase III trials confirmed that patients with lower baseline HBsAg (specifically ≤1000 IU/ml) responded with the highest rates of functional cure. In the earlier B-Clear trial, this subgroup achieved functional cure rates as high as 41% when treated with the 300 mg dose. The Phase III results appear to validate these findings on a larger, global scale, providing a clear path for patient stratification in clinical practice.
Safety and Tolerability Profile
In any long-term therapy, especially one involving gene-silencing technologies like ASOs, safety is a paramount concern. GSK reported that the safety and tolerability profile of Bepirovirsen in the Phase III trials remained consistent with earlier Phase II observations. The most commonly reported adverse events included injection site reactions, which were generally mild to moderate in severity. Importantly, the incidence of significant ‘ALT flares’—which can indicate both liver damage or a positive immune-mediated clearance of infected cells—was closely monitored and managed within the trial protocols. The overall profile supports the use of Bepirovirsen in a broad outpatient population.
Expert Commentary and Clinical Implications
Tony Wood, GSK’s Chief Scientific Officer, highlighted the transformative nature of these results, stating that Bepirovirsen has the potential to redefine the treatment goals for hundreds of millions of people. For clinicians, the success of Bepirovirsen introduces the concept of ‘Sequential or Combination Therapy’ as the new frontline strategy. By using Bepirovirsen as a backbone therapy to lower the viral burden and HBsAg, it may be possible to combine it with other agents, such as therapeutic vaccines or TLR7 agonists, to further increase cure rates in the future.
From a public health perspective, the move toward finite therapy could drastically reduce the long-term healthcare costs associated with CHB. The ability to treat a patient for six months and achieve a cure would alleviate the logistical challenges of lifelong medication adherence and monitoring, particularly in resource-limited settings where the burden of HBV is highest.
Conclusion: A Milestone in Hepatology
The success of the B-Well 1 and B-Well 2 trials marks the most significant advancement in Hepatitis B research in over two decades. By successfully targeting the viral RNA and breaking the cycle of immune exhaustion, Bepirovirsen has moved the goalpost from viral suppression to viral eradication. GSK’s plan to begin global regulatory filings in the first quarter of 2026 suggests that this therapy could be available to clinicians and patients as early as 2027.
As the medical community awaits the full data disclosure, the focus will likely shift to optimizing patient selection and exploring the potential for even higher cure rates through combination strategies. For now, the ‘Holy Grail’ of Hepatitis B treatment—a functional cure through limited therapy—appears to have finally been found.
References
1. Yuen MF, et al. Efficacy and Safety of Bepirovirsen in Chronic Hepatitis B Infection (B-Clear Study). New England Journal of Medicine. 2022;387(21):1957-1968.
2. GSK Press Release. GSK announces positive results from B-Well 1 and B-Well 2 Phase III trials for Bepirovirsen. January 7, 2026.
3. World Health Organization. Hepatitis B Fact Sheet. 2024.
4. Lok AS, et al. Functional cure of chronic hepatitis B: Summary of a workshop. Hepatology. 2017;66(4):1296-1313.

