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Mineralys Therapeutics Provides Corporate Update and Announces Participation in Upcoming LifeSci Partners Corporate Access Event in January 2026

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Mineralys Therapeutics (Nasdaq: MLYS) issued a corporate update announcing clinical and regulatory milestones for lorundrostat, its investigational antihypertensive.

Key points: the company filed an NDA in late 2025 after completing three positive clinical trials in 2025; two global pivotal Phase 3 trials met primary endpoints; the Phase 2 Explore-CKD trial met its primary systolic blood pressure endpoint and reduced proteinuria; enrollment for Explore-OSA finished in Q3 2025 with topline results expected in Q1 2026. An open-label extension continues to collect long-term safety and efficacy data.

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Positive

  • NDA for lorundrostat filed in late 2025
  • Three positive clinical trials completed in 2025
  • Pivotal Launch-HTN Phase 3 met its primary endpoint
  • Pivotal Advance-HTN met its primary endpoints
  • Explore-CKD Phase 2 met primary systolic BP endpoint and reduced proteinuria
  • Explore-OSA enrollment completed in Q3 2025; topline due Q1 2026

Negative

  • Regulatory review outcome remains pending after the late-2025 NDA filing
  • Topline Explore-OSA results are expected in Q1 2026 and not yet reported

News Market Reaction

+0.14%
1 alert
+0.14% News Effect

On the day this news was published, MLYS gained 0.14%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Explore-OSA phase: Phase 2 Lorundrostat dose: 25 mg Pivotal trials completed: Three trials +1 more
4 metrics
Explore-OSA phase Phase 2 Trial in hypertension with moderate to severe OSA; topline Q1 2026
Lorundrostat dose 25 mg Dose evaluated in Phase 2 Explore-CKD trial
Pivotal trials completed Three trials Three positive clinical trials of lorundrostat completed in 2025
NDA timing Late 2025 filing NDA for lorundrostat submitted to FDA in late 2025

Market Reality Check

Price: $33.04 Vol: Volume 1,549,625 vs 20-da...
normal vol
$33.04 Last Close
Volume Volume 1,549,625 vs 20-day average 1,483,839, a relative volume of 1.04x. normal
Technical Price $35.66 is trading above the 200-day MA at $25.24.

Peers on Argus

While MLYS is nearly flat at -0.14%, key biotech peers IMVT, SLNO, VKTX, XENE, a...

While MLYS is nearly flat at -0.14%, key biotech peers IMVT, SLNO, VKTX, XENE, and CRNX show declines between -3.14% and -12.4%, suggesting stock-specific resilience versus weaker peer action.

Historical Context

5 past events · Latest: Dec 12 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 12 Clinical recognition Positive +2.4% JAMA highlighted Phase 3 Launch-HTN results and strong BP reductions.
Nov 26 Equity compensation Neutral -0.6% Inducement stock option grant for a new employee under Nasdaq rules.
Nov 10 Earnings & update Positive +17.0% Q3 results with large cash balance and planned NDA plus trial progress.
Nov 07 Clinical data Positive +17.0% Positive Explore-CKD and Launch-HTN data presented at ASN Kidney Week.
Nov 05 Investor conferences Neutral -6.7% Announcement of participation in several healthcare investor conferences.
Pattern Detected

Positive clinical and financial milestones for lorundrostat have historically coincided with favorable price reactions, while non-clinical corporate events show more muted or mixed impacts.

Recent Company History

Over the last few months, Mineralys has advanced lorundrostat through pivotal hypertension programs and toward commercialization. On Nov 10, 2025, Q3 results highlighted strong cash of $593.6M and an NDA plan, with a 17.04% positive reaction. ASN Kidney Week data on Nov 7, 2025 and JAMA recognition on Dec 12, 2025 also aligned with strong gains. Routine items like inducement awards and conference participation saw smaller or negative moves. Today’s corporate update and NDA filing fit this ongoing transition from clinical development toward regulatory review.

Market Pulse Summary

This announcement highlights Mineralys’ transition from late-stage development toward regulatory rev...
Analysis

This announcement highlights Mineralys’ transition from late-stage development toward regulatory review for lorundrostat, with an NDA filed in late 2025 and multiple trials meeting primary endpoints. Explore-OSA Phase 2 data expected in the first quarter of 2026 and ongoing open-label extension work extend the safety and efficacy dataset. Investors may focus on upcoming OSA results, FDA review milestones, and how long-term safety findings evolve as participants remain on therapy.

Key Terms

chronic kidney disease, obstructive sleep apnea, dysregulated aldosterone, New Drug Application (NDA), +4 more
8 terms
chronic kidney disease medical
"comorbidities such as chronic kidney disease (CKD), obstructive sleep apnea"
Chronic kidney disease is a long-term, progressive loss of kidney function that reduces the organs’ ability to filter waste, control fluid levels and balance body salts. For investors, CKD matters because it creates sustained demand for tests, drugs, dialysis machines and transplants; advances in treatment or regulatory decisions can meaningfully change revenue prospects for companies—like a car that needs ongoing repairs, it creates predictable, long-term market needs.
obstructive sleep apnea medical
"hypertension and related comorbidities such as chronic kidney disease (CKD), obstructive sleep apnea (OSA)"
Obstructive sleep apnea is a common medical condition where the throat repeatedly narrows or closes during sleep, causing short pauses in breathing, drops in blood oxygen and fragmented rest. It matters to investors because it creates ongoing demand for medical devices, diagnostics, treatments and sleep-monitoring services, and it can affect population health, workforce productivity and healthcare spending—like a recurring leak in a system that requires continual repair and monitoring.
dysregulated aldosterone medical
"other diseases driven by dysregulated aldosterone, today issued a corporate update"
Dysregulated aldosterone means the body is not keeping normal control of aldosterone, a hormone that acts like a thermostat for salt and fluid balance and therefore helps set blood pressure. For investors, this matters because abnormal aldosterone underlies or worsens common conditions such as high blood pressure and heart or kidney disease, shaping demand for diagnostics, drugs and procedures and influencing healthcare costs, clinical trial results and regulatory attention.
New Drug Application (NDA) regulatory
"Lorundrostat New Drug Application (NDA) - Mineralys filed an NDA for lorundrostat"
A new drug application (NDA) is a formal request submitted to regulatory authorities to gain approval for a new medication to be sold and used by the public. It is a comprehensive review process that examines the drug’s safety, effectiveness, and manufacturing quality. For investors, an NDA approval can signal a potential breakthrough product and influence a company's stock value.
U.S. Food and Drug Administration (FDA) regulatory
"NDA for lorundrostat to the U.S. Food and Drug Administration (FDA) in late 2025."
The U.S. Food and Drug Administration (FDA) is a government agency responsible for protecting public health by ensuring the safety and effectiveness of food, medicines, vaccines, and other health-related products. For investors, the FDA’s decisions can significantly impact companies in the healthcare and food industries, as approval or rejection of products can influence a company's success and stock performance.
open-label extension medical
"Transform-HTN Open-Label Extension Trial – The Company’s ongoing open-label extension trial"
An open-label extension is a continuation of a clinical trial where all participants and researchers know which treatment is being given, often after an initial blinded phase. It allows further study of a drug's long-term safety and effectiveness. For investors, it can indicate ongoing interest and confidence in a product's potential, influencing perceptions of its future value.
albuminuria medical
"reduced kidney function and albuminuria. The crossover trial met its primary endpoint"
Albuminuria is the presence of the blood protein albumin in a person’s urine, which usually indicates the kidneys are leaking and not filtering blood properly. Investors watch it because changes in albuminuria are a common clinical signal used to judge kidney disease progression and treatment effectiveness—similar to spotting oil in a car’s coolant, it flags a malfunction and can affect the market for drugs, diagnostics, and health-related revenue streams.
proteinuria medical
"primary endpoint on systolic blood pressure reduction and demonstrated meaningful reduction in proteinuria."
Proteinuria is when abnormal amounts of protein are found in a person's urine. It can be a sign that the kidneys aren't working properly, since healthy kidneys usually prevent most proteins from passing into urine. Detecting proteinuria helps doctors identify and monitor kidney problems early.

AI-generated analysis. Not financial advice.

RADNOR, Pa., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Mineralys Therapeutics, Inc. (Nasdaq: MLYS), a clinical-stage biopharmaceutical company focused on developing medicines to target hypertension and related comorbidities such as chronic kidney disease (CKD), obstructive sleep apnea (OSA) and other diseases driven by dysregulated aldosterone, today issued a corporate update highlighting several recent and upcoming clinical and regulatory milestones. In addition, the Company announced that its management team will participate in the 15th LifeSci Partners Corporate Access event taking place January 12-14, 2026, in San Francisco, California.

“As we reflect on the data generated with lorundrostat to date, we are more confident than ever of the drug candidate’s best-in-class profile, based on the clinically meaningful blood pressure reduction, the demonstrated 24-hour control, its benefit across the spectrum of difficult-to-treat patients, and its safety and tolerability profile,” said Jon Congleton, Chief Executive Officer of Mineralys Therapeutics. “We look forward to reporting the Explore-OSA data in the first quarter of 2026, which we expect will further support our strategy to extend lorundrostat’s profile in treating patients with hypertension and comorbid conditions.”

Recent Clinical Highlights and Upcoming Milestones:

  • Explore-OSA Phase 2 Trial - The Company remains on track to report topline results from the Phase 2 Explore-OSA trial in the first quarter of 2026. Enrollment was completed in the third quarter of 2025, and the trial is evaluating the benefits of lorundrostat on symptoms of OSA and blood pressure in participants with hypertension and moderate to severe OSA.  
  • Lorundrostat New Drug Application (NDA) - Mineralys filed an NDA for lorundrostat to the U.S. Food and Drug Administration (FDA) in late 2025. The submission followed a successful clinical program, which culminated in the completion of three positive clinical trials of lorundrostat in 2025. In these trials, lorundrostat demonstrated best-in-class safety and 24-hour blood pressure control across a spectrum of distinct and diverse patient populations.
  • Transform-HTN Open-Label Extension Trial – The Company’s ongoing open-label extension trial, which supported the NDA submission, enables participants to continue to receive lorundrostat and allows the Company to gather additional long-term safety and efficacy data.
  • Explore-CKD Phase 2 Trial – Mineralys announced positive data from the Phase 2 Explore-CKD trial evaluating the safety and efficacy of 25 mg of lorundrostat in participants with hypertension, reduced kidney function and albuminuria. The crossover trial met its primary endpoint on systolic blood pressure reduction and demonstrated meaningful reduction in proteinuria.
  • Pivotal Launch-HTN Phase 3 Trial – The global trial met its primary endpoint in evaluating the efficacy and safety of lorundrostat for the treatment of participants with uncontrolled hypertension (uHTN) or resistant hypertension (rHTN) as add-on therapy, who fail to achieve blood pressure (BP) control on their existing medications.
  • Pivotal Advance-HTN Trial – The trial met its primary endpoints in evaluating the efficacy and safety of lorundrostat for the treatment of confirmed uHTN or rHTN on top of optimized, standardized AHA guideline background medications. These results reinforce lorundrostat’s favorable benefit-risk profile in a high-risk population that would typically be treated by specialists rather than general practitioners.

About Lorundrostat

Lorundrostat is a proprietary, orally administered, highly selective aldosterone synthase inhibitor being developed for the treatment of uHTN or rHTN, as well as CKD and OSA. Lorundrostat was designed to reduce aldosterone levels by inhibiting CYP11B2, the enzyme responsible for its production. Lorundrostat has 374-fold selectivity for aldosterone-synthase inhibition versus cortisol-synthase inhibition in vitro, an observed half-life of 10-12 hours and demonstrated a 40-70% reduction in plasma aldosterone concentration in hypertensive participants.

The Company has now completed four successful clinical trials of lorundrostat supporting the efficacy and safety profile while also validating aldosterone as an integral therapeutic target in uHTN and rHTN. The Company has completed two pivotal, registrational trials, including the Phase 3 Launch-HTN trial and Phase 2 Advance-HTN trial, which support the robust, durable and clinically meaningful reductions in systolic BP by lorundrostat. Lorundrostat was well tolerated in both trials with a favorable safety profile.

About Mineralys

Mineralys Therapeutics is a clinical-stage biopharmaceutical company focused on developing medicines to target hypertension and related comorbidities such as CKD, OSA and other diseases driven by dysregulated aldosterone. Its initial product candidate, lorundrostat, is a proprietary, orally administered, highly selective aldosterone synthase inhibitor. Mineralys is based in Radnor, Pennsylvania, and was founded by Catalys Pacific. For more information, please visit https://mineralystx.com. Follow Mineralys on LinkedInTwitter and Bluesky.

Forward Looking Statements

Mineralys Therapeutics cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. The forward-looking statements are based on our current beliefs and expectations and include, but are not limited to, statements regarding: the potential therapeutic benefits of lorundrostat; the Company’s expectation that aldosterone synthase inhibitors with an SGLT2 inhibitor may provide additive clinical benefits to patients; the Company’s expectation that Advance-HTN and Launch-HTN may serve as pivotal trials in submission of an NDA to the FDA; the anticipated timing of the FDA’s review of our NDA submission; the Company’s ability to evaluate lorundrostat as a potential treatment for CKD, OSA, uHTN or rHTN; the planned future clinical development of lorundrostat and the timing thereof; and the expected timing of commencement and enrollment of participants in clinical trials and topline results from clinical trials. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in our business, including, without limitation: topline results that we report are based on a preliminary analysis of key efficacy and safety data, and such data may change following a more comprehensive review of the data related to the clinical trial and such topline data may not accurately reflect the complete results of a clinical trial; our future performance is dependent entirely on the success of lorundrostat; potential delays in the commencement, enrollment and completion of clinical trials and nonclinical studies; later developments with the FDA may be inconsistent with the feedback from the completed end of Phase 2 meeting, including whether the proposed pivotal program will support registration of lorundrostat which is a review issue with the FDA following submission of an NDA; any delays in the FDA’s review of our NDA submission, including as a result of a government shutdown or reductions in agency funding or personnel, the results of our clinical trials, including the Advance-HTN and Launch-HTN trials, may not be deemed sufficient by the FDA to serve as the basis for an NDA submission or regulatory approval of lorundrostat; our dependence on third parties in connection with manufacturing, research and clinical and nonclinical testing; unexpected adverse side effects or inadequate efficacy of lorundrostat that may limit its development, regulatory approval and/or commercialization; unfavorable results from clinical trials and nonclinical studies; results of prior clinical trials and studies of lorundrostat are not necessarily predictive of future results; macroeconomic trends and uncertainty with regard to high interest rates, elevated inflation, tariffs, and the potential for a local and/or global economic recession; our ability to maintain undisrupted business operations due to any pandemic or future public health concerns; regulatory developments in the United States and foreign countries; our reliance on our exclusive license with Mitsubishi Tanabe Pharma to provide us with intellectual property rights to develop and commercialize lorundrostat; and other risks described in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our annual report on Form 10-K, and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Contact:

Investor Relations
investorrelations@mineralystx.com

Media Relations
Melyssa Weible
Elixir Health Public Relations
Email: mweible@elixirhealthpr.com


FAQ

What did Mineralys (MLYS) announce about lorundrostat on January 6, 2026?

Mineralys reported clinical and regulatory milestones: an NDA filed in late 2025, multiple positive trials in 2025, and Explore-OSA topline results due in Q1 2026.

When will Mineralys (MLYS) report Explore-OSA Phase 2 topline results?

Topline results from the Explore-OSA Phase 2 trial are expected in Q1 2026.

Has Mineralys (MLYS) filed an NDA for lorundrostat and when was it filed?

Yes, Mineralys filed a lorundrostat NDA with the FDA in late 2025.

What were the key outcomes from Mineralys’s Phase 2 Explore-CKD trial for MLYS?

Explore-CKD met its primary systolic blood pressure endpoint and demonstrated a meaningful reduction in proteinuria at 25 mg.

Did Mineralys’s pivotal Phase 3 trials for lorundrostat meet their endpoints?

Yes, both the Pivotal Launch-HTN and Pivotal Advance-HTN trials met their primary endpoints.

Is Mineralys still collecting long-term safety data for lorundrostat (MLYS)?

Yes, an open-label extension trial continues to provide participants with lorundrostat and gather long-term safety and efficacy data.
Mineralys Therapeutics, Inc.

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Biotechnology
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RADNOR