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Stock impact report

Mineralys Therapeutics (MLYS) Garnering Attention With Lorundrostat Progress [Yahoo! Finance]

Mineralys Therapeutics, Inc. (MLYS) 
Company Research Source: Yahoo! Finance
On March 13, Bank of America Securities maintained a Buy rating on Mineralys Therapeutics Inc. (NASDAQ:MLYS). The firm increased its price target to $51 from $46, citing recent updates on the clinical development progress of its lead drug, lorundrostat, following the fourth quarter earnings report. adriaticfoto/Shutterstock.com It added that the therapy's peak sales opportunity in treating uncontrolled hypertension remains underappreciated, supporting a more constructive view on the company's long-term potential. On March 13, Mineralys Therapeutics Inc. (NASDAQ:MLYS) Chief Executive Officer Jon Congleton stated that 2025 was a transformative year for Mineralys. The year was marked by significant clinical advancements and important regulatory achievements, as it was able to finish many of the clinical trials. Congleton highlighted that the results indicate lorundrostat to be of use to people whose hypertension is poorly controlled. He also stated that the company submitted its Show less Read more
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