Welcome to our dedicated page for Mirum Pharmaceuticals news (Ticker: MIRM), a resource for investors and traders seeking the latest updates and insights on Mirum Pharmaceuticals stock.
Mirum Pharmaceuticals (MIRM) delivers innovative therapies for rare liver diseases through targeted IBAT inhibitor development. This page provides centralized access to official announcements, clinical trial updates, and strategic developments from the biopharmaceutical innovator.
Investors and healthcare professionals will find timely updates on regulatory milestones, partnership agreements, and pipeline advancements. Our curated feed includes verified press releases about Maralixibat approvals, Volixibat trial progress, and corporate initiatives addressing conditions like progressive familial intrahepatic cholestasis.
Key updates cover FDA communications, research collaborations, and commercialization strategies for orphan drug therapies. All content is sourced directly from Mirum’s disclosures to ensure accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined access to Mirum’s latest advancements in minimally absorbed liver disease treatments. Check regularly for critical updates impacting clinical development timelines and therapeutic availability.
Mirum Pharmaceuticals (MIRM) has announced inducement awards for seven new employees under its 2020 Inducement Plan. The awards, approved by the Compensation Committee, include:
- 39,740 non-qualified stock options with an exercise price of $39.12 per share (closing price on April 10, 2025)
- 19,830 restricted stock units (RSUs)
The stock options will vest over four years, with 25% vesting after one year and the remainder monthly over 36 months. The RSUs will vest over three years, with 33% vesting annually. Both awards are contingent on continued employment with Mirum through vesting dates.
Mirum Pharmaceuticals (NASDAQ: MIRM) announced that its partner Takeda Pharmaceutical has received approval from the Japanese Ministry of Health, Labour, and Welfare for LIVMARLI® (maralixibat) oral solution. The approval is for treating cholestatic pruritus in patients with Alagille syndrome (ALGS) and Progressive Familial Intrahepatic Cholestasis (PFIC) in Japan.
LIVMARLI becomes the first and only treatment available for these conditions in Japan. Under the exclusive license agreement signed in September 2021, Mirum will receive a percentage of Takeda's annual net sales. The medication is currently approved for ALGS-related pruritus in over 40 countries and for PFIC in more than 30 countries worldwide.
Mirum Pharmaceuticals (Nasdaq: MIRM) announced inducement awards granted by its Compensation Committee on March 10, 2025, to five new employees. The awards include:
- Non-qualified stock options to purchase 17,620 shares at $43.01 per share (closing price on March 10, 2025)
- 9,290 restricted stock units (RSUs)
The stock options will vest over four years, with 25% vesting after one year and the remainder monthly over 36 months. The RSUs will vest over three years, with 33% vesting annually. Both awards require continued employment with Mirum and were granted under the company's 2020 Inducement Plan in accordance with Nasdaq Listing Rule 5635(c)(4).
Mirum Pharmaceuticals (NASDAQ: MIRM) reported strong financial results for Q4 and full-year 2024, with total net product sales reaching $336.4 million, up from $178.9 million in 2023. The company provided guidance for 2025, expecting global net product sales of $420-435 million.
LIVMARLI sales contributed $213.3 million in 2024, while Bile Acid Medicines generated $123.1 million. The global LIVMARLI business expanded to 30 countries, including successful launches in major European markets.
Key pipeline developments include expected completion of the VISTAS study enrollment for volixibat in PSC during H2 2025, with topline data in 2026. The company reported $292.8 million in cash and investments as of December 31, 2024, compared to $286.3 million at the end of 2023.
Mirum Pharmaceuticals (NASDAQ: MIRM) has received FDA approval for CTEXLI™ (chenodiol) tablets, becoming the first and only approved treatment for adults with cerebrotendinous xanthomatosis (CTX), a rare and progressive disease. The approval is based on the Phase 3 RESTORE study results, which demonstrated highly significant reduction in bile alcohols (p<0.0001) with a 20-fold difference between placebo and CTEXLI-treated patients.
The study showed CTEXLI improved both urine bile alcohol and serum cholestanol levels. In CTX patients, a deficiency of bile acid chenodeoxycholic acid leads to toxic accumulation of cholestanol, causing irreversible neurologic dysfunction. The drug has been granted FDA Orphan Drug exclusivity and will be available through Mirum Access Plus (MAP), the company's patient support program.
Mirum Pharmaceuticals (NASDAQ: MIRM) has scheduled its fourth quarter and year-end 2024 financial results announcement for Wednesday, February 26, 2025. The company will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT on the same day to discuss the financial results and recent corporate progress.
Investors can access the call via U.S./Toll-Free number +1 833 470 1428 or International number +1 404 975 4839 using passcode 126145. A webcast option is also available through the Events & Presentations section on Mirum's website, with a replay accessible for 30 days.
Mirum Pharmaceuticals (MIRM) has announced inducement grants approved by its Compensation Committee for 10 new employees. The grants include non-qualified stock options to purchase 49,600 shares of common stock at $50.46 per share and 24,800 restricted stock units (RSUs).
The stock options will vest over four years, with 25% vesting after one year and the remaining vesting monthly over 36 months. The RSUs will vest over three years, with 33% vesting annually. Both grants are subject to continued employment with Mirum and were awarded under the company's 2020 Inducement Plan in accordance with Nasdaq Listing Rule 5635(c)(4).
Mirum Pharmaceuticals (NASDAQ: MIRM) reported preliminary unaudited 2024 net product sales of approximately $336 million, exceeding their guidance. The company projects 2025 global net product sales between $420-435 million. LIVMARLI contributed approximately $213 million in 2024 sales, while CHOLBAM and CHENODAL generated approximately $123 million.
Key 2024 achievements include FDA approval for LIVMARLI in PFIC patients, positive interim results for volixibat in PSC and PBC studies, and expansion to 30 countries with commercial access. The company maintained financial strength with approximately $287 million in cash and investments as of December 31, 2024, achieving positive cash flow from operations in Q3 2024.
Looking ahead, Mirum expects to complete enrollment for the VISTAS study in PSC in second half 2025, with topline data in 2026. The FDA PDUFA date for chenodiol in CTX is set for March 28, 2025.
Mirum Pharmaceuticals (Nasdaq: MIRM) announced inducement awards granted by its Compensation Committee to eight new employees on January 10, 2025. The awards, approved under Nasdaq Listing Rule 5635(c)(4), include:
- Non-qualified stock options to purchase 53,900 shares of common stock at $41.32 per share (closing price on January 10, 2025)
- 26,950 restricted stock units (RSUs)
The stock options will vest over four years, with 25% vesting after one year and the remainder monthly over 36 months. The RSUs will vest over three years, with 33% vesting annually, subject to continued employment. These grants were made under Mirum's 2020 Inducement Plan.
Mirum Pharmaceuticals (Nasdaq: MIRM) has announced its upcoming presentation at the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco. The presentation is scheduled for Wednesday, January 15, 2025, at 9:45 a.m. PT.
The event will include both a presentation and a question-and-answer session, which will be accessible via webcast. Interested parties can access the live webcast through the Investors and Media section of Mirum's corporate website. A replay of the webcast will remain available for 30 days following the presentation.
Mirum Pharmaceuticals specializes in identifying, acquiring, developing, and commercializing novel therapies for debilitating rare and orphan diseases.
FAQ
What is the current stock price of Mirum Pharmaceuticals (MIRM)?
What is the market cap of Mirum Pharmaceuticals (MIRM)?
