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ACELYRIN, INC. - $SLRN STOCK NEWS

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Rhea-AI Summary

ACELYRIN, INC. provided a business update, highlighting milestones such as completing enrollment in Phase 3 trials and reporting positive data for lonigutamab and izokibep. The company aims to accelerate the development of transformative medicines while maintaining financial stability. Changes in the leadership team were also announced.

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End-of-Day
1.88%
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Rhea-AI Summary

ACELRYIN, INC. announced a leadership transition with Mina Kim appointed as the new CEO and board member, replacing founder Shao-Lee Lin, who stepped down. The company focuses on developing transformative medicines in immunology and has seen early positive data in clinical trials. Shep Mpofu becomes the Chief Medical Officer, Gil Labrucherie takes on the role of Chief Business Officer, in addition to being the CFO, and Sanam Pangali is named Chief Legal Officer and Head of People.

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End-of-Day
1.88%
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management
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Rhea-AI Summary

On May 13, 2024, ACELYRIN, INC. (SLRN) will host a conference call to discuss its first quarter 2024 financial results and corporate update. The company focuses on transformative medicines in immunology, with a live webcast and replay available on its website.

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-1.42%
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conferences earnings
Rhea-AI Summary
ACELRYIN, INC. (SLRN) reports positive Phase 1/2 proof-of-concept data for lonigutamab and izokibep in autoimmune diseases. Financially, the company has $721.3 million in cash, R&D expenses increased significantly, and a net loss of $381.6 million in 2023. Upcoming milestones include Phase 3 trials for multiple indications.
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-1.33%
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ACELRYN, INC. (SLRN) announces positive proof-of-concept data for lonigutamab in thyroid eye disease, showing rapid improvements in proptosis and clinical activity scores. Lonigutamab Phase 1/2 trial results demonstrate favorable safety profile and potential for subcutaneous dosing. Phase 2b/3 trial planned for the second half of 2024.
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4.52%
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Acelyrin, Inc. (Nasdaq: SLRN) announced positive results from the global Phase 2b/3 clinical trial of izokibep in psoriatic arthritis, meeting the primary endpoint of ACR50 at week 16 with high statistical significance. The trial demonstrated robust clinical responses on various endpoints, including ACR70, PASI100, and Minimal Disease Activity. Izokibep showed a favorable safety profile and achieved clinically meaningful resolution in patients with a high burden of enthesitis.
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10.96%
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Rhea-AI Impact
Rhea-AI Sentiment
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10.96%
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Rhea-AI Summary
ACELRYIN, INC. appoints Agnes Lee as Senior Vice President of Investor Relations and Corporate Communications. Lee brings over 25 years of experience in investor relations and strategic finance. She aims to enhance relationships with investors and communicate the company's value proposition effectively.
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10.89%
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management
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News
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Faruqi & Faruqi, LLP Investigating Potential Claims Against Acelyrin, Inc. (NASDAQ: SLRN)
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ACELRYN, INC. (Nasdaq: SLRN) announces the appointment of Lynn Tetrault, former Executive Vice President of Human Resources and Corporate Affairs at AstraZeneca PLC, to its board of directors. Tetrault brings over 30 years of strategic expertise in human resources, business operations, and corporate affairs alongside public board experience.
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ACELYRIN, INC.

Nasdaq:SLRN

SLRN Rankings

SLRN Stock Data

482.69M
63.94M
20.36%
90.31%
8.08%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
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