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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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ACELYRIN, INC. has appointed Patricia Turney as Chief Technical Operations Officer to expand its capacity for multi-asset manufacturing. Ms. Turney brings over 25 years of biopharmaceutical experience and will oversee technical operations, CMC regulatory, corporate quality, and facilities. ACELYRIN is focused on accelerating the development and delivery of transformative medicines in immunology.
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Acelyrin, Inc. (Nasdaq: SLRN) will host a conference call on November 7, 2023, at 4:30 p.m. ET to discuss its third quarter 2023 financial results and provide a corporate update. The conference call will be available via live webcast on the company's website. A replay of the webcast will also be available for 90 days.
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ACELYRIN, INC. appoints Shephard (Shep) Mpofu as Senior Vice President of Development, bringing decades of clinical experience and expertise in gene therapies. His prior experience guiding secukinumab through all phases of clinical development to multiple global approvals will be immensely valuable as ACELYRIN advances its next generation IL-17A inhibitor, izokibep. Multiple upcoming milestones include Phase 2b/3 top-line data for izokibep in PsA and proof-of-concept for lonigutamab in thyroid eye disease, each expected before end of Q1 2024.
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ACELYRIN, INC. announces top-line results from Phase 2b/3 trial evaluating izokibep for Hidradenitis Suppurativa (HS). HiSCR75 endpoint did not meet statistical significance, but early HiSCR100 responses were observed. Safety profile consistent with prior studies. Cash position at $823.0 million.
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ACELYRIN, INC. (Nasdaq: SLRN) CEO to participate in fireside chat at Morgan Stanley Healthcare Conference
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SLRN: ACELYRIN, INC. Appoints Ken Lock as Chief Commercial Officer, Bringing 20 Years of Immunology Sales and Marketing Expertise. The appointment aims to support the company's late-stage clinical trials and prepare for potential commercial launches in the near future. Ken Lock's extensive experience in leading commercial activities and building high-performing sales and marketing teams aligns with ACELYRIN's mission to develop transformative medicines in immunology.
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ACELRYN, INC. closes upsized IPO, raising $621.0 million
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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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