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Mirum Pharmaceuticals, Inc. - MIRM STOCK NEWS

Welcome to our dedicated page for Mirum Pharmaceuticals news (Ticker: MIRM), a resource for investors and traders seeking the latest updates and insights on Mirum Pharmaceuticals stock.

Mirum Pharmaceuticals, Inc. (symbol: MIRM) is a biopharmaceutical company headquartered in Foster City, California. Established in 2018, the company focuses on the development and commercialization of innovative therapies aimed at treating debilitating liver diseases. Mirum Pharmaceuticals is dedicated to addressing rare and orphan diseases, making significant strides in this niche sector of the healthcare market.

At the core of Mirum Pharmaceuticals' product pipeline is Maralixibat, an investigational oral drug currently in phase 3 clinical trials. Maralixibat is being studied for its efficacy in treating several severe liver conditions, including Progressive Familial Intrahepatic Cholestasis (PFIC), Alagille Syndrome (ALGS), and Biliary Atresia. This product represents a potential breakthrough in providing therapeutic options for these challenging conditions.

In addition, the company has developed Volixibat, a drug aimed at treating Intrahepatic Cholestasis of Pregnancy (ICP) and Primary Sclerosing Cholangitis (PSC). These ongoing projects highlight Mirum Pharmaceuticals' commitment to advancing the treatment landscape for liver diseases with significant unmet medical needs.

Mirum Pharmaceuticals has achieved notable milestones, such as the approval of Livmarli, an orally administered, minimally-absorbed ileal bile acid transporter (IBAT) inhibitor. Livmarli is approved for the treatment of cholestatic pruritus in patients with Alagille Syndrome (ALGS), providing much-needed relief for those affected by this condition.

The company stands out for its strategic approach to identifying, acquiring, and developing novel therapies. It has established partnerships and collaborations to bolster its research endeavors and expand its reach in the biopharmaceutical industry. With a robust pipeline and a clear focus on debilitating liver diseases, Mirum Pharmaceuticals continues to make significant progress in its mission to improve patient outcomes and quality of life.

For the latest news and updates about Mirum Pharmaceuticals, including recent achievements, ongoing projects, and financial performance, investors and stakeholders can rely on resources like StockTitan for comprehensive and timely information.

Stay informed about Mirum Pharmaceuticals, Inc. and its groundbreaking work in the biopharmaceutical sector, and keep track of the latest developments and stock performance on StockTitan.

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Mirum Pharmaceuticals has entered into an exclusive licensing agreement with GC Pharma for the development and commercialization of maralixibat in South Korea. Maralixibat is under investigation for treating Alagille syndrome, progressive familial intrahepatic cholestasis, and biliary atresia. Mirum will receive an upfront payment of $5 million along with potential milestone payments and tiered royalties based on net sales. The FDA has accepted a New Drug Application for maralixibat for cholestatic pruritus with a review due by September 29, 2021.

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Mirum Pharmaceuticals (Nasdaq: MIRM) announced that its Board's Compensation Committee granted non-qualified stock options for 146,400 shares to 10 new employees as part of the 2020 Inducement Plan. The exercise price is set at $16.61, Mirum's closing price on July 12, 2021, with a four-year vesting schedule. Mirum is focused on developing therapies for liver diseases, with lead candidate maralixibat under FDA review for cholestatic pruritus in Alagille syndrome and ongoing projects in pediatric PFIC. The company is also expanding its pipeline through gene therapy programs.

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Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM) will participate in Piper Sandler’s Virtual EASL Takeaway Day on June 28, 2021, at 2:00 p.m. ET, featuring CEO Chris Peetz and CSO Pam Vig in a fireside chat. The company is focused on developing therapies for rare liver diseases, with its lead candidate maralixibat under priority review by the FDA, aiming for a PDUFA date of September 29, 2021. Mirum is also pursuing gene therapy options for PFIC2 and PFIC3. For more details, visit the company’s website.

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Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM) announced new findings at the EASL International Liver Congress™ on its rare liver disease treatments. The analysis of maralixibat, used for Alagille syndrome, indicated strong safety over five years in 86 patients. Additionally, data from a multinational survey revealed significant quality of life impacts from pruritus in intrahepatic cholestasis of pregnancy, with a median itch severity of 9 out of 10. This underscores the urgent need for effective therapies for these liver conditions.

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Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM) announces its participation in The International Liver Congress™ from June 23-26, 2021. Key presentations include an integrated safety analysis of maralixibat in 86 patients with Alagille syndrome and a survey on patient-reported outcomes from pregnant women with intrahepatic cholestasis of pregnancy. Maralixibat, which has received FDA Breakthrough Therapy designation, demonstrates potential in reducing bile acids and improving symptoms in patients. The company has also acquired gene therapy programs to enhance its pipeline for cholestatic liver diseases.

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Mirum Pharmaceuticals announced the grant of non-qualified stock options for 191,400 shares to 17 new employees as part of its 2020 Inducement Plan. The exercise price is set at $17.18, matching the closing price on June 10, 2021. The options will vest over four years, subject to continued service. Additionally, Mirum is advancing its pipeline in liver disease treatment with maralixibat, which has a PDUFA action date of September 29, 2021, and has acquired two gene therapy programs for pediatric liver diseases from Vivet Therapeutics.

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Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM) appointed Dr. Carol L. Brosgart as an independent director on its Board. Dr. Brosgart brings a wealth of experience in healthcare and public policy, previously holding senior roles in various biotechnology firms. Chris Peetz, CEO, welcomed her at a crucial time as the company prepares for the potential launch of maralixibat, an investigational drug for Alagille syndrome. The company is advancing its pipeline, including gene therapy programs for pediatric liver diseases, which could significantly impact patient care.

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Mirum Pharmaceuticals, Inc. (Nasdaq: MIRM) presented clinical analyses of maralixibat for treating Alagille syndrome (ALGS) and progressive familial intrahepatic cholestasis type 2 (PFIC2). Data indicates maralixibat's potential as a transformative therapy, possibly reducing the need for invasive surgeries. Findings from long-term studies show improved transplant-free survival and significant benefits in pruritus, quality of life, and growth with maralixibat treatment. The drug is generally well-tolerated, with transient mild to moderate adverse events. Regulatory submissions for maralixibat are underway.

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Mirum Pharmaceuticals (Nasdaq: MIRM) announced that data from maralixibat studies will be presented at the 6th Annual World Congress of Pediatric Gastroenterology from June 2-5, 2021. Notable findings include an oral presentation by Professor Richard Thompson on the association between serum bile acid control and liver survival in children with PFIC. A poster presentation on gastrointestinal tolerability will also occur. A symposium discussing treatments for pediatric cholestasis will be held on June 3. Maralixibat is under investigation for rare cholestatic liver diseases, with significant results in ongoing trials.

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Mirum Pharmaceuticals (Nasdaq: MIRM) announced on May 10, 2021, that its Compensation Committee granted stock options to purchase 87,500 shares to 9 new employees under the 2020 Inducement Plan. The options have an exercise price of $17.72 per share and will vest over four years, contingent upon continued employment. Mirum is focused on developing therapies for liver diseases, with its lead candidate maralixibat undergoing NDA review by the FDA, due by September 29, 2021. The company has also acquired options for gene therapy programs for PFIC2 and PFIC3, enhancing its product pipeline.

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FAQ

What is the current stock price of Mirum Pharmaceuticals (MIRM)?

The current stock price of Mirum Pharmaceuticals (MIRM) is $42.06 as of January 7, 2025.

What is the market cap of Mirum Pharmaceuticals (MIRM)?

The market cap of Mirum Pharmaceuticals (MIRM) is approximately 2.1B.

What is the focus of Mirum Pharmaceuticals, Inc.?

Mirum Pharmaceuticals focuses on developing and commercializing therapies for debilitating liver diseases, particularly rare and orphan conditions.

What is Maralixibat used for?

Maralixibat is an investigational oral drug for treating Progressive Familial Intrahepatic Cholestasis (PFIC), Alagille Syndrome (ALGS), and Biliary Atresia.

Where is Mirum Pharmaceuticals headquartered?

Mirum Pharmaceuticals is headquartered in Foster City, California.

What is Livmarli?

Livmarli is an orally administered, minimally-absorbed ileal bile acid transporter (IBAT) inhibitor approved for treating cholestatic pruritus in patients with Alagille Syndrome (ALGS).

When was Mirum Pharmaceuticals founded?

Mirum Pharmaceuticals was founded in 2018.

What is Volixibat being developed for?

Volixibat is being developed to treat Intrahepatic Cholestasis of Pregnancy (ICP) and Primary Sclerosing Cholangitis (PSC).

What are the recent achievements of Mirum Pharmaceuticals?

Recent achievements include the approval of Livmarli for treating cholestatic pruritus in ALGS patients and ongoing phase 3 trials for Maralixibat.

How does Mirum Pharmaceuticals contribute to the biopharmaceutical industry?

Mirum Pharmaceuticals contributes by developing novel therapies for rare liver diseases and establishing strategic partnerships to advance research.

How can I get the latest updates on Mirum Pharmaceuticals?

You can stay informed about the latest updates and stock performance of Mirum Pharmaceuticals on platforms like StockTitan.

What products are in Mirum Pharmaceuticals' pipeline?

Products in the pipeline include Maralixibat for PFIC and ALGS and Volixibat for ICP and PSC.
Mirum Pharmaceuticals, Inc.

Nasdaq:MIRM

MIRM Rankings

MIRM Stock Data

2.07B
40.24M
2.24%
115.64%
14.26%
Biotechnology
Pharmaceutical Preparations
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United States of America
FOSTER CITY