Welcome to our dedicated page for MoonLake Immunotherapeutics news (Ticker: MLTX), a resource for investors and traders seeking the latest updates and insights on MoonLake Immunotherapeutics stock.
MoonLake Immunotherapeutics (NASDAQ: MLTX) generates frequent news as it advances sonelokimab, an investigational Nanobody® targeting IL‑17A and IL‑17F, through late-stage clinical development in inflammatory skin and joint diseases. Company updates often center on clinical trial milestones, regulatory interactions, and financing activities that shape the outlook for its lead asset.
News items include detailed readouts from key trials such as the Phase 3 VELA program in adult hidradenitis suppurativa (HS), the adolescent VELA‑TEEN trial, the Phase 3 IZAR program in psoriatic arthritis (PsA), and Phase 2 studies like LEDA in palmoplantar pustulosis (PPP) and S‑OLARIS in axial spondyloarthritis (axSpA). Releases describe endpoints such as HiSCR75 in HS, ACR50 in PsA, PPPASI in PPP, and report on safety profiles, patient-reported outcomes and long-term follow-up analyses.
Investors following MLTX news will also see regulatory updates, including feedback from the U.S. Food and Drug Administration on the clinical evidence package for HS and guidance related to a planned Biologics License Application for sonelokimab. Financial communications, such as quarterly and annual results, equity offerings and a non-dilutive term loan facility, provide context on MoonLake’s ability to fund its clinical programs and preparations for potential commercialization.
In addition, MoonLake issues announcements about Capital Markets Days, R&D-focused webcasts and presentations at medical and investor conferences, where management discusses trial designs, baseline characteristics, interim data and anticipated milestones. This news page aggregates such releases so readers can review the evolving clinical and corporate narrative around sonelokimab and MoonLake’s broader inflammatory disease portfolio.
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ZUG, Switzerland, April 19, 2023 – MoonLake Immunotherapeutics AG (Nasdaq: MLTX) is hosting its Capital Markets Day in New York, featuring a live webcast for virtual attendees. The event runs from 10:30-12:30 EDT and includes presentations from the executive team discussing a financial update, near-term catalysts, and the company’s publication roadmap.
The focus will be on sonelokimab, a novel investigational Nanobody® targeting inflammatory diseases, along with an update from Professor Kenneth B. Gordon on treatment landscapes following the AAD Annual Meeting. Top-line results for sonelokimab’s Phase 2 trial in hidradenitis suppurativa are anticipated by June 2023, with additional trials in psoriatic arthritis ongoing.
MoonLake Immunotherapeutics (NASDAQ:MLTX) reported its Q4 and year-end financial results for 2022, revealing a strong cash position of $72.1 million, providing operational runway into 2H 2024.
The company has completed patient enrollment ahead of schedule in its global Phase 2 trial of sonelokimab for Hidradenitis Suppurativa, with top-line results expected by June 2023. Additionally, enrollment for the Psoriatic Arthritis trial is ongoing and on schedule, with results anticipated by year-end. The net loss for the year was $64.5 million, an increase from $53.6 million in the prior period. The CEO highlighted the successful initiation of clinical trials and competitive positioning in the IL-17 inhibitor market.
MoonLake Immunotherapeutics announced the completion of patient enrollment and randomization ahead of schedule for its Phase 2 clinical trial of sonelokimab in treating moderate-to-severe hidradenitis suppurativa (HS). The trial, known as the MIRA trial, has reached its target of 210 patients and aims to evaluate the effectiveness of sonelokimab, a novel IL-17A and IL-17F inhibitor. Top-line results are expected by mid-2023, with a final readout planned for Q4 2023. The trial uses HiSCR75 as its primary endpoint, reflecting MoonLake's ambition to improve patient outcomes.
MoonLake Immunotherapeutics has initiated a Phase 2 study named ARGO for sonelokimab, targeting active psoriatic arthritis.
The randomized, double-blind trial involves approximately 200 patients to evaluate the drug's efficacy and safety against a placebo and adalimumab.
The primary endpoint is the ACR 50 response, measuring ≥50% improvement in disease symptoms. This follows successful results from a Phase 2b study in psoriasis, highlighting sonelokimab's potential in treating inflammatory conditions.
MoonLake Immunotherapeutics (NASDAQ:MLTX) reported its Q3 2022 financial results, highlighting a cash position of $83.5 million, providing a runway into 2H 2024. The global trial of sonelokimab for Hidradenitis Suppurativa continues to meet recruitment goals, with primary endpoint data expected mid-2023. Additionally, the Psoriatic Arthritis trial received FDA clearance and is on schedule. R&D expenses decreased to $9 million from $11.4 million, while the net loss narrowed to $14.7 million compared to the previous quarter.
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