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ACELYRIN, INC. - SLRN STOCK NEWS

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

ACELYRIN, INC. (Nasdaq: SLRN) is a Los Angeles area-based late-stage clinical biopharmaceutical company with additional operations in the San Francisco Bay area. The company is focused on providing patients with life-changing new treatment options by identifying, acquiring, and accelerating the development and commercialization of transformative medicines. ACELYRIN is at the forefront of innovative treatments in the field of immunology, with a strong pipeline of late-stage clinical programs designed to address significant unmet medical needs.

Core Business: ACELYRIN’s primary focus is on developing transformative therapies in the fields of immunology and inflammation. The company’s lead product candidates include izokibep and lonigutamab. Izokibep is a next-generation inhibitor of IL-17A with a robust potential for tissue penetration and extended half-life. It is being evaluated in multiple late-stage trials targeting moderate-to-severe hidradenitis suppurativa (HS), psoriatic arthritis (PsA), and uveitis. Lonigutamab is a subcutaneously delivered monoclonal antibody targeting the IGF-1 receptor, aimed at treating thyroid eye disease (TED).

Recent Achievements: In March 2024, ACELYRIN announced long-term data from a Phase 2b clinical trial of izokibep in hidradenitis suppurativa, demonstrating significant clinical improvements over time. Additionally, ACELYRIN disclosed positive results from its global Phase 2b/3 clinical trial of izokibep in psoriatic arthritis, which met the primary endpoint of ACR50 with high statistical significance. These results underscore izokibep’s potential as a differentiated treatment option for multiple immunologic conditions.

Current Projects: The company is currently advancing izokibep through Phase 3 trials for hidradenitis suppurativa and psoriatic arthritis. Long-term efficacy results from these trials continue to show promising improvements in quality of life for patients. ACELYRIN is also progressing through a Phase 1/2 trial of lonigutamab for thyroid eye disease, demonstrating rapid clinical benefits and a favorable safety profile.

Financial Condition: As of December 31, 2023, ACELYRIN reported cash, cash equivalents, and short-term marketable securities totaling $721.3 million, which is expected to fund operations into 2026. This financial stability allows ACELYRIN to continue advancing its clinical programs through key developmental milestones.

Partnerships and Collaborations: ACELYRIN leverages strategic collaborations with contract research organizations (CROs) and other vendors to conduct its clinical trials. Despite recent challenges with trial execution errors by its CRO, ACELYRIN remains committed to ensuring quality control and transparency in its clinical development processes.

For more information about ACELYRIN, visit us at www.acelyrin.com or follow us on LinkedIn and X.

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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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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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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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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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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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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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ACELRYIN, a late-stage clinical biopharma company (Nasdaq: SLRN), provided an update on its izokibep clinical development program, including ongoing global Phase 2b/3 trial for izokibep in psoriatic arthritis. The company disclosed top-line results from Phase 2b/3 trial for the treatment of moderate-to-severe Hidradenitis Suppurativa in September 2023. The ongoing PsA trial has experienced clinical trial execution errors involving its CRO and one of the vendors engaged by the CRO. ACELYRIN is conducting a wide-ranging review of the ongoing izokibep trials, including operational execution by the CRO, and will contract with a third-party to conduct an independent audit of the trials being conducted by the CRO for ACELYRIN. The company plans to report top-line data from its PsA trial in the first quarter of 2024.
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ACELYRIN, INC. (Nasdaq: SLRN) reports financial results for Q3 2023, highlighting progress in PsA Phase 2b/3 trial for izokibep and proof-of-concept for lonigutamab in thyroid eye disease. Cash and equivalents totaled $788.4 million on Sept 30, 2023, funding operations through key milestones.
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FAQ

What is the current stock price of ACELYRIN (SLRN)?

The current stock price of ACELYRIN (SLRN) is $5.615 as of November 1, 2024.

What is the market cap of ACELYRIN (SLRN)?

The market cap of ACELYRIN (SLRN) is approximately 562.4M.

What is the primary focus of ACELYRIN, INC.?

ACELYRIN, INC. focuses on developing transformative therapies in immunology and inflammation, targeting conditions such as hidradenitis suppurativa, psoriatic arthritis, and thyroid eye disease.

What are ACELYRIN's lead product candidates?

ACELYRIN’s lead product candidates are izokibep and lonigutamab, currently in late-stage clinical trials for multiple indications including hidradenitis suppurativa, psoriatic arthritis, and thyroid eye disease.

What recent achievements has ACELYRIN reported?

In March 2024, ACELYRIN reported long-term data from Phase 2b trials of izokibep in hidradenitis suppurativa and positive results from the Phase 2b/3 trial in psoriatic arthritis.

What is the financial status of ACELYRIN?

As of December 31, 2023, ACELYRIN had $721.3 million in cash, cash equivalents, and short-term marketable securities, expected to fund operations into 2026.

How does izokibep work?

Izokibep is a small protein therapeutic designed to inhibit IL-17A with high potency, offering robust tissue penetration and extended half-life, potentially providing significant clinical benefits.

What makes lonigutamab a promising treatment?

Lonigutamab targets the IGF-1 receptor and is delivered subcutaneously, aiming to offer longer-term dosing and improved clinical response while minimizing safety risks.

What are ACELYRIN’s plans for future clinical trials?

ACELYRIN plans to advance its late-stage clinical programs, including Phase 3 trials for izokibep in hidradenitis suppurativa and psoriatic arthritis, and a Phase 2b/3 trial for lonigutamab in thyroid eye disease.

Who are the key members of ACELYRIN's leadership team?

ACELYRIN's leadership includes Shao-Lee Lin, MD, PhD (Founder and CEO), Shephard Mpofu, MD (Chief Medical Officer), and Gil Labrucherie (Chief Financial Officer and Chief Business Officer).

What challenges has ACELYRIN faced recently?

ACELYRIN faced clinical trial execution errors with its CRO, but has implemented quality control measures and plans to conduct an independent audit to ensure the integrity of ongoing trials.

Where can I find more information about ACELYRIN?

More information about ACELYRIN can be found on their website at www.acelyrin.com or by following them on LinkedIn and X.

ACELYRIN, INC.

Nasdaq:SLRN

SLRN Rankings

SLRN Stock Data

562.42M
99.81M
8.07%
106.84%
5.17%
Biotechnology
Pharmaceutical Preparations
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United States of America
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