The phase II RESTORE trial evaluated elritercept (KER-050), an investigational treatment for myelofibrosis (MF) and ruxolitinib-associated cytopenias. Elritercept, targeting specific transforming growth factor-beta (TGF-β) ligands to improve haematopoiesis, was tested alone and in combination with ruxolitinib. In Part 1 (N=41), the trial assessed safety, tolerability, pharmacokinetics, and efficacy across doses (0.75-4.5 mg/kg). Results showed a 37% transfusion dependency among participants, with common adverse events including diarrhoea (22%), thrombocytopaenia (17%) and fatigue (15%). The recommended dose for Part 2 was 3.75 mg/kg, up-titrated to 5.0 mg/kg. Erythropoiesis improved in non-transfusion-dependent participants, with 54% showing increased hemoglobin (Hgb). Transfusion burden was reduced by ≥50% in 38% of transfusion-dependent participants. Additionally, spleen size and symptom scores decreased in 57% and 67% of evaluable participants, respectively. Elritercept showed potential to treat MF-related anemia, cytopenias, and splenomegaly, warranting further analysis.