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Mineralys Therapeutics, Inc. - $MLYS STOCK NEWS

Welcome to our dedicated page for Mineralys Therapeutics news (Ticker: $MLYS), a resource for investors and traders seeking the latest updates and insights on Mineralys Therapeutics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mineralys Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mineralys Therapeutics's position in the market.

Rhea-AI Summary

Mineralys Therapeutics, a clinical-stage biopharmaceutical company, will participate in a fireside chat at the Bank of America Securities Health Care Conference. The company focuses on developing medicines for hypertension, chronic kidney disease, and diseases driven by dysregulated aldosterone. The event will take place in Las Vegas on May 14-16, 2024. Investors can access a live webcast and replay of the chat on the company's website.

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6.18%
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conferences
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Rhea-AI Summary

Mineralys Therapeutics, Inc. (NASDAQ: MLYS) will announce its first quarter 2024 financial results on May 9, 2024. The company focuses on developing medicines for hypertension, chronic kidney disease, and other diseases related to dysregulated aldosterone. The conference call will be hosted at 8:30 a.m. ET, offering dial-in and webcast options for participants.

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2.27%
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Rhea-AI Summary
Mineralys Therapeutics, Inc. (Nasdaq: MLYS) is progressing well with its pivotal trials for lorundrostat, focusing on treating hypertension and chronic kidney disease. Financially, the company reported a strong balance sheet with $239.0 million in cash, cash equivalents, and investments as of December 31, 2023. However, the company experienced significant increases in research and development expenses, leading to a net loss of $71.9 million for the year ended December 31, 2023.
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-2.24%
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Mineralys Therapeutics, Inc. (MLYS) to report financial results for Q4 and full year 2023 on March 21, 2024. The company focuses on developing medicines for hypertension and chronic kidney disease.
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0.08%
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Mineralys Therapeutics, Inc. (Nasdaq: MLYS) has announced a private placement financing (PIPE) with institutional accredited investors, raising approximately $120 million in gross proceeds. The financing involves selling 8.9 million shares of common stock at a price of $13.50 per share. The company plans to use the net proceeds to fund the research and development of lorundrostat, in addition to working capital and general corporate purposes.
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12.51%
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none
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Rhea-AI Summary
Mineralys Therapeutics, Inc. CEO Jon Congleton will participate in a fireside chat at the Guggenheim Securities 6th Annual Biotechnology Conference in New York City on February 8, 2024. The company focuses on developing medicines for hypertension, chronic kidney disease, and other diseases driven by elevated aldosterone levels.
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-0.82%
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conferences
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Mineralys Therapeutics, Inc. (Nasdaq: MLYS) announced the appointment of Minji Kim, Ph.D. as Chief Business Officer, splitting the functions of CFO and CBO into two roles. Dr. Kim brings over two decades of experience in business development, strategic leadership, and scientific research, having worked with biotech companies in the U.S. and overseas. She has a solid track record of generating value for companies and brings extensive experience in the pharmaceutical industry.
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0.23%
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management
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Rhea-AI Summary
Mineralys Therapeutics, Inc. (Nasdaq: MLYS) announces the dosing of the first subject in the Launch-HTN pivotal trial to evaluate the safety and efficacy of lorundrostat for the treatment of uncontrolled or resistant hypertension. The company expects to release topline data from the confirmatory Launch-HTN trial in the second half of 2025 and from the ongoing Advance-HTN pivotal trial in the second half of 2024.
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8.3%
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Mineralys Therapeutics, Inc. (Nasdaq: MLYS) presents new data from the Target-HTN Phase 2 trial at the American Heart Association Scientific Sessions 2023. The analysis reveals a positive feedback loop between obesity, leptin, and aldosterone, indicating potential benefits for obese patients with uncontrolled or resistant hypertension from lorundrostat treatment. Serum leptin levels and BMI are correlated, suggesting leptin as a biomarker for lorundrostat-responsive individuals.
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Rhea-AI Summary
Mineralys Therapeutics, Inc. (NASDAQ: MLYS) announced senior management's participation in upcoming healthcare conferences in New York, London, and Miami. The company will present and engage in fireside chats, discussing its focus on developing medicines for hypertension, chronic kidney disease, and other aldosterone-driven diseases.
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End-of-Day
-12.84%
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conferences
Mineralys Therapeutics, Inc.

Nasdaq:MLYS

MLYS Rankings

MLYS Stock Data

703.27M
23.00M
2.93%
92.49%
1.71%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
RADNOR

About MLYS

at mineralys therapeutics we aim to redefine hypertension diagnosis, management and treatment. we are driven to break the “trial and failure” approach to hypertension management and bring a personalized approach to the management of hypertension.