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Arena Pharmaceuticals Inc Stock Price, News & Analysis

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

This page provides a historical news archive for Arena Pharmaceuticals, Inc. (ARNA), a clinical-stage biopharmaceutical company that focused on developing investigational therapies for immuno-inflammatory and cardiovascular diseases. The news flow around ARNA captured key milestones in its clinical programs, corporate developments, and the definitive agreement under which Pfizer agreed to acquire Arena in an all-cash transaction.

Readers can review company-issued press releases covering progress in Arena’s gastroenterology, dermatology, and cardiology pipelines. These include updates on the Phase 3 ELEVATE UC 52 and ELEVATE UC 12 trials of etrasimod in ulcerative colitis, the Phase 2/3 CULTIVATE program in Crohn’s disease, and Phase 2 studies of etrasimod in atopic dermatitis and alopecia areata. Additional news items describe Phase 2 development of cardiovascular assets temanogrel and APD418, as well as collaborations and option agreements related to other investigational compounds.

The archive also contains quarterly and annual financial result announcements, which detail Arena’s research and development spending, selling, general and administrative expenses, and net losses as it advanced its clinical-stage portfolio. Corporate governance and compensation-related releases, such as inducement grants under Nasdaq Listing Rule 5635(c)(4), provide further insight into Arena’s growth and hiring during its development phase.

Because Arena entered into an acquisition agreement with Pfizer, these news items primarily serve as historical context for ARNA rather than current standalone company updates. Investors, researchers, and students of the biopharmaceutical sector can use this record to trace how Arena communicated the evolution of its pipeline, its financial profile as a clinical-stage company, and the strategic rationale presented when Pfizer announced its plan to acquire Arena.

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Sensorion (ARNA) reported H1 2025 results and pipeline updates, highlighting progress in its gene therapy programs. The company completed enrollment for the first two cohorts in the Phase 1/2 Audiogene trial of SENS-501 for congenital deafness, with positive initial safety data in all six treated patients and early hearing improvements observed in one patient.

Key financial metrics include cash position of €57.1M as of June 30, 2025 (down from €77.0M in December 2024), increased R&D expenses of €15.0M (up 2% YoY), and a net loss of €16.0M (compared to €13.9M in H1 2024). The company expects its current cash position to fund operations into Q3 2026.

Pipeline developments include advancing GJB2-GT toward first CTA filing in Q1 2026 and completing enrollment in SENS-401's Phase 2a study for Cisplatin-Induced Ototoxicity, with topline data expected by end of H2 2025.

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Arena Pharmaceuticals (Nasdaq: ARNA) provided a corporate update and reported its Q4 and full-year 2021 results. The company is advancing its Phase 3 ELEVATE program for etrasimod in ulcerative colitis, expecting topline data in Q1 2022. In 2021, Arena's research and development expenses increased to $419.5 million, while revenues were minimal at $0.1 million. The net loss for the year was $616.4 million, or $10.14 per share. Cash reserves stood at $0.7 billion at year-end, down from $1.1 billion in 2020, reflecting substantial operational expenditures amid ongoing clinical trials.

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Arena Pharmaceuticals (NASDAQ: ARNA) has granted 18,527 inducement restricted stock units (RSUs) to 18 new employees as per Nasdaq Listing Rule 5635(c)(4). This grant, effective February 15, 2022, is intended as an inducement for new hires. The RSUs will vest over four years, with 25% vesting after the first anniversary and the remainder vesting in 12 equal quarterly installments. This move aims to enhance talent acquisition and retention in a competitive market.

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Arena Pharmaceuticals (NASDAQ: ARNA) is set to release its fourth quarter and full-year 2021 financial results on February 23, 2022, after the U.S. market closes. This update will include a corporate overview, relevant developments, and future expectations.

Arena aims to provide crucial medicines to patients, focusing on innovative solutions. They emphasize the urgency in addressing stakeholder needs and executing their strategies effectively.

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Arena Pharmaceuticals (NASDAQ: ARNA) announced the granting of inducement restricted stock units (RSUs) to new employees, effective January 15, 2022. The Compensation Committee approved the issuance of 15,111 RSUs to Malcolm Crooks, Senior VP, and 20,218 RSUs to 21 new employees, as incentives for employment. The RSUs will vest over four years, with 25% vesting on the one-year anniversary, followed by quarterly vesting. This grant aligns with Nasdaq Listing Rule 5635(c)(4) and is governed by Arena's Long-Term Incentive Plan.

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Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) announced the granting of 28,659 inducement restricted stock units (RSUs) to 16 new employees as part of their employment arrangement. The RSUs have a grant and vesting commencement date of December 15, 2021, with a four-year vesting schedule, where 25% will vest on the first quarterly vesting date after one year, followed by 12 quarterly installments. This action aligns with Nasdaq Listing Rule 5635(c)(4) and is part of Arena's 2021 Long-Term Incentive Plan, intending to attract and retain talent.

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Pfizer has proposed to acquire Arena Pharmaceuticals for $100 per share, totaling approximately $6.7 billion. This acquisition aims to enhance Pfizer's portfolio in immuno-inflammatory diseases, leveraging Arena’s innovative pipeline, including etrasimod, currently under development for various conditions. The deal has received unanimous approval from both companies' boards and is subject to regulatory approvals and Arena shareholders' consent. An analyst call is scheduled for today at 10am EST.

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Arena Pharmaceuticals announced it has reached target enrollment of 70 participants in CULTIVATE Study A, a Phase 2/3 trial assessing etrasimod for moderate to severe Crohn's disease. The study aims to evaluate the safety and efficacy of etrasimod at dosages of 2 mg and 3 mg. Topline data is expected in Q2 2022. Etrasimod is designed as a once-daily oral treatment for immune-mediated inflammatory diseases, although it remains investigational and not approved for any use. The CULTIVATE trial spans approximately 27 countries.

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Arena Pharmaceuticals (NASDAQ: ARNA) has granted inducement stock options to 23 new employees, totaling 39,400 shares, along with 18,760 restricted stock units (RSUs). The options have a seven-year term, an exercise price of $58.85, and vest over four years. 25% will vest after one year, with the remainder vesting monthly. The RSUs also vest over four years in a similar manner. This move is in accordance with Nasdaq Listing Rule 5635(c)(4) and aims to attract talent to the company.

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Arena Pharmaceuticals (Nasdaq: ARNA) provided a corporate update and reported Q3 2021 financial results, highlighting significant advancements in clinical programs. The Phase 3 ELEVATE UC 12 trial reached full enrollment, with topline data expected in Q1 2022. The company also initiated a Phase 2 trial for temanogrel in Raynaud’s phenomenon. However, Q3 net loss increased to $196.3 million, primarily due to a $70 million expense for in-process R&D, leading to a net loss per share of $3.21. As of September 30, 2021, cash and equivalents stood at $800 million.

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FAQ

What is the market cap of Arena Pharmaceuticals (ARNA)?

The market cap of Arena Pharmaceuticals (ARNA) is approximately 6.2B.

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ARNA Stock Data

6.17B
60.82M
Biotechnology
Healthcare
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United States
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