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Stock impact report

MoonLake Immunotherapeutics Reports Full Year 2023 Financial Results, Recent Business Highlights and Announces an R&D Day on March 10 [Yahoo! Finance]

MoonLake Immunotherapeutics - Class A Ordinary Shares (MLTX) 
Company Research Source: Yahoo! Finance
A successful year including the announcements of positive data from two Phase 2 trials of sonelokimab in hidradenitis suppurativa (HS), at 12 and 24 weeks, and active psoriatic arthritis (PsA), at 12 weeks, supporting a potential best-in-class profile across two key indications Phase 3 preparation for sonelokimab in HS nearing completion, following positive feedback from both FDA and EMA Year-end cash, cash equivalents and short-term marketable debt securities of $ million, expected to support a roadmap rich in potential catalysts whilst providing a cash runway to the end of 2026 R&D Day to be held on Sunday March 10 – alongside the American Academy of Dermatology (AAD) annual meeting – expected to include 24 week data from the ARGO PsA study and PsA program next steps, final plans for the HS Phase 3 VELA program, analysis of the size of the HS market, as well as catalyst updates including new pipeline indications ZUG, Switzerland, February 29, 2024 – MoonLake Immunotherapeut Show less Read more
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