Elismetrep (K-304): Bringing Innovation to a Global Market Defined by Low Patient Satisfaction
Our first-in-class migraine candidate elismetrep (K-304) targeting TRPM8 represents an entirely new approach for the treatment of migraine.
Debilitating migraines that impede the ability to participate in daily life affect tens of millions and create an addressable market for the acute treatment of migraine that is expected to exceed $16 billion by 2033. Despite its size, the migraine market is in urgent need of mechanistic innovation. Migraine drugs fall into several classes with each only effective in a small proportion of patients – often inconsistently. The most recent class focuses on antagonizing the effects of the neuropeptide calcitonin gene-related peptide (CGRP). Patients often switch between available classes of medication to seek relief.
Human genetic studies have consistently shown a link between TRPM8 and migraine and that higher expression of TRPM8 increases the risk for migraine. These findings suggested that TRPM8 blockade with elismetrep could represent a novel approach to treating migraine.
TRPM8 is a polymodal gated non-selective ion channel expressed in neurons distinct from those expressing CGRP, suggesting it could be used in a complementary way. TRPM8 biology is also entirely distinct from other members of the TRPM family of proteins, further differentiating Kallyope’s approach. Elismetrep is a novel, oral highly selective TRPM8 channel blocker. If approved, TRPM8 channel blockers would represent a major expansion of therapeutic options for migraine patients.
Our nearly 450-patient Phase 2b study strongly supports elismetrep’s clinical benefit to migraine sufferers and validated our novel approach to migraine. Phase 3 studies are currently underway.


