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Landos Biopharma (LABP) Stock News

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NImmune Biopharma (NYSE:ABBV) presented Phase 1 and preclinical data at Digestive Disease Week 2026 showing that oral, once-daily NIM-1324 met primary and secondary endpoints, engaged the LANCL2 target, showed improved PK, and had a favorable safety profile with no dose-limiting toxicities.

The program advances a LANCL2 immunometabolic mechanism for ulcerative colitis and Crohn’s disease and supports a well-powered Phase 2 testing 125, 250, and 1000 mg doses versus placebo.

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NImmune Biopharma will present preclinical and translational data on LANCL2-targeting therapeutics at IMMUNOLOGY2026 (April 15–19, 2026). Data show oral NIM-1324 and topical omilancor outperforming current psoriasis treatments in multiple mouse models, first-in-human NIM-1324 met primary and secondary endpoints, and NIM-1324 is Phase 2-ready for ulcerative colitis and other indications.

Findings highlight LANCL2-driven Treg enhancement, reduced pro-inflammatory mediators, improved phagocyte clearance, and translational blood signatures supporting target engagement.

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AbbVie has completed its acquisition of Landos Biopharma, enhancing its portfolio with NX-13, a first-in-class oral NLRX1 agonist currently in Phase 2 trials for treating ulcerative colitis (UC) and Crohn's disease (CD). The acquisition, priced at $20.42 per share plus up to $11.14 per share upon achieving a clinical milestone, aims to offer a novel, dual-action treatment approach to inflammatory bowel disease (IBD), combining anti-inflammatory properties and epithelial repair. Landos' stock will stop trading on NASDAQ from May 24, 2024. AbbVie expressed its commitment to transforming the standard of care for IBD patients.

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FAQ

What is the current stock price of Landos Biopharma (LABP)?

Landos Biopharma (LABP) last closed at $22.93.

What is the market cap of Landos Biopharma (LABP)?

The market cap of Landos Biopharma (LABP) is approximately $71.7M.