Alumis to Host Conference Call and Webcast to Report Phase 3 ONWARD Topline Data for Envudeucitinib in Moderate-to-Severe Plaque Psoriasis
Rhea-AI Summary
Alumis (Nasdaq: ALMS) will report topline results from the Phase 3 ONWARD program evaluating envudeucitinib in patients with moderate-to-severe plaque psoriasis on Tuesday, January 6, 2026.
The company will host a conference call and webcast to discuss the topline data at 8:00 a.m. ET. Investors may access the live webcast via the company’s Investors > Events page at www.alumis.com. A replay of the webcast will be available on the company website after the call.
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Negative
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News Market Reaction 37 Alerts
On the day this news was published, ALMS declined 7.20%, reflecting a notable negative market reaction. Argus tracked a peak move of +160.1% during that session. Argus tracked a trough of -8.2% from its starting point during tracking. Our momentum scanner triggered 37 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $69M from the company's valuation, bringing the market cap to $896M at that time. Trading volume was exceptionally heavy at 7.0x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ALMS fell 8.25% on higher volume, while peers like ATXS (-0.31%), ERAS (-2.24%), PRTA (-1.52%) and ITOS (+0.10%) saw more modest moves, pointing to a stock-specific reaction ahead of the Phase 3 ONWARD topline.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 13 | Earnings update | Neutral | +0.8% | Reported Q3 2025 results, cash runway into 2027, and key trial timelines. |
| Nov 04 | Investor conferences | Neutral | -0.2% | Outlined participation in November 2025 healthcare investor conferences and webcasts. |
| Aug 29 | Investor conferences | Neutral | -1.3% | Announced attendance at six major September 2025 healthcare conferences with webcasts. |
| Aug 13 | Earnings update | Positive | -0.7% | Reported Q2 2025 results, ACELYRIN merger gain and strong cash position funding into 2027. |
| Jul 24 | Clinical milestone | Positive | +0.5% | Completed enrollment in global LUMUS Phase 2b SLE trial with 408 patients over 48 weeks. |
Recent news flow has produced relatively modest price moves, with one divergence where seemingly positive earnings and merger-related updates coincided with a slight decline.
Over the past six months, Alumis has focused on advancing late-stage immune-mediated disease programs and building its balance sheet. The company completed enrollment in the global LUMUS Phase 2b SLE trial and highlighted that Phase 3 ONWARD psoriasis topline data were expected in early Q1 2026, aligning with today’s announcement of the upcoming data release and webcast on Jan 6, 2026. Earnings updates showed substantial R&D investment and cash intended to fund operations into 2027, while frequent conference participation maintained investor engagement ahead of these pivotal readouts.
Regulatory & Risk Context
The company has an active Form S-3 shelf registration dated Jul 3, 2025, currently marked as not effective and with no recorded usage, which could provide future financing flexibility once effective.
Market Pulse Summary
The stock moved -7.2% in the session following this news. A negative reaction despite this scheduling announcement could fit a pattern where the market de-risks ahead of pivotal readouts. Prior Alumis events, including earnings and trial milestones, tended to generate relatively small moves, so a sharp decline would stand out. Concerns could have centered on binary outcome risk for the Phase 3 ONWARD data and the company’s ability to fund future development, even with an existing but unused S-3 shelf registration in place.
Key Terms
phase 3 medical
plaque psoriasis medical
AI-generated analysis. Not financial advice.
– Conference Call and Webcast to be held Tuesday, January 6, 2026, at 8:00 a.m. ET –
SOUTH SAN FRANCISCO, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a late-stage biopharma company developing next-generation targeted therapies for patients with immune-mediated diseases, today announced that the Company will report topline data from the Phase 3 ONWARD clinical program evaluating envudeucitinib in patients with moderate-to-severe plaque psoriasis on Tuesday, January 6, 2026. Following the announcement, the Company will host a conference call and webcast at 8:00 a.m. ET to discuss the results.
Conference Call and Webcast Details
Alumis’ conference call and webcast to discuss the topline data results from the Phase 3 ONWARD clinical program will begin Tuesday, January 6, 2026, at 8:00 a.m. ET. To access the live webcast please access this link or visit the “Events” page of the “Investors" section of the Alumis website at www.alumis.com. A replay of the webcast will be made available on the Company’s website following the call.
About Alumis
Alumis is a late-stage biopharma company developing next-generation targeted therapies with the potential to significantly improve patient health and outcomes across a range of immune-mediated diseases. Leveraging its proprietary data analytics platform and precision approach, Alumis is developing a pipeline of oral tyrosine kinase 2 inhibitors, consisting of envudeucitinib, formerly known as ESK-001, for the treatment of systemic immune-mediated disorders, such as moderate-to-severe plaque psoriasis and systemic lupus erythematosus, and A-005 for the treatment of neuroinflammatory and neurodegenerative diseases. In addition, the pipeline includes lonigutamab, a subcutaneously delivered anti–insulin-like growth factor 1 receptor therapy for the treatment of thyroid eye disease, as well as several preclinical programs identified through this precision approach. For more information, visit www.alumis.com or follow us on LinkedIn or X.
Forward Looking Statements
This press release may contain forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements regarding the anticipated timing and availability of clinical data from the ONWARD Phase 3 clinical program. Alumis explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.

Alumis Contact Information Teri Dahlman Red House Communications teri@redhousecomms.com