Vera Therapeutics, Inc. Stock Price, News & Analysis

Vera Therapeutics (Nasdaq: VERA), a late clinical-stage biotechnology company specializing in immunological disease treatments, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco, CA, scheduled for January 12-16, 2025.

The company's management team will deliver a presentation on Monday, January 13, 2025, at 4:30 PM PST. The presentation will be accessible via webcast, and investors can view it through the J.P. Morgan meetings platform. Additionally, the management team will engage in one-on-one meetings with investors during the conference.

A replay of the presentation will remain available for 90 days through the 'Investor Calendar' section of Vera Therapeutics' website.

Vera Therapeutics (NASDAQ: VERA) announced inducement grants approved by its Compensation Committee on December 3, 2024. The grants, awarded to seventeen new employees, include non-qualified stock options to purchase 171,750 shares of Class A common stock at $49.38 per share and restricted stock units (RSUs) for 86,625 shares.

The stock options will vest over four years, with 25% vesting on the first anniversary and the remainder vesting monthly over 36 months. The RSUs will vest over four years, with 25% vesting annually starting February 20, 2025. Both grants are subject to continued employment with Vera and were made under the Inducement Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

Vera Therapeutics (Nasdaq: VERA) announced inducement awards granted to Jason S. Carter, their new Chief Legal Officer, on November 18, 2024. The awards include a non-qualified stock option to purchase 108,000 shares of Class A common stock at $44.81 per share and restricted stock units (RSUs) for 53,000 shares. 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 25% annually over four years starting November 20, 2024, subject to continued employment.

Vera Therapeutics (NASDAQ: VERA) has appointed Jason S. Carter as Chief Legal Officer, effective immediately. Carter brings over 20 years of legal experience, most recently serving as Global Head of Legal for Kite Pharma. The appointment comes as Vera prepares for its pivotal ORIGIN 3 trial of atacicept in IgAN, with topline results expected in Q2 2025 and planned BLA submission to FDA later that year. Carter's experience includes overseeing legal activities in global product launches, R&D, manufacturing, IP litigation, and M&A transactions at companies including Daiichi Sankyo, Novartis, and Baxter.

Vera Therapeutics (Nasdaq: VERA) announced inducement awards granted to seven new employees on November 4, 2024. The awards include non-qualified stock options to purchase 54,050 shares of Class A common stock at $45.17 per share and restricted stock units (RSUs) for 27,025 shares. 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 25% annually over four years starting November 20, 2024. These grants were approved under Nasdaq Listing Rule 5635(c)(4) as employment inducements.

Vera Therapeutics (NASDAQ: VERA) announces partnership with University of Michigan on the NEPTUNE Match project and PIONEER study. NEPTUNE Match, a consortium of over 30 North American academic centers, will connect nephrotic syndrome patients with clinical trials based on their molecular disease characteristics. The PIONEER study expands atacicept development into multiple autoimmune kidney indications, including primary membranous nephropathy (pMN), focal segmental glomerulosclerosis (FSGS), and minimal change disease (MCD). The collaboration aims to identify and enroll eligible participants with specific antibodies for the PIONEER study, with initial data expected in 2025.

Vera Therapeutics (Nasdaq: VERA), a late clinical-stage biotechnology company developing treatments for serious immunological diseases, has announced its management team's participation in two upcoming investor conferences. The team will participate in:

1. The Guggenheim Securities Healthcare Innovation Conference on November 13, 2024, at 9:30am EST in Boston, MA, featuring a fireside chat and one-on-one meetings.

2. The 7th Annual Evercore ISI HealthCONx Conference on December 5, 2024, at 7:55am EST in Coral Gables, FL, also including a fireside chat and one-on-one meetings.

Webcasts will be available for both events, with replays accessible for 90 days through Vera's website.

Vera Therapeutics (Nasdaq: VERA), a late clinical-stage biotechnology company developing treatments for immunological diseases, has announced its management team's participation in upcoming investor conferences. The company will participate in two events:

1. The Guggenheim Securities Healthcare Innovation Conference on November 13, 2024, at 9:30am EST in Boston, MA, featuring a fireside chat and one-on-one meetings.

2. The 7th Annual Evercore ISI HealthCONx Conference on December 5, 2024, at 7:55am EST in Coral Gables, FL, also including a fireside chat and one-on-one meetings.

Webcasts will be available for both events with 90-day replay access through Vera's website.

Vera Therapeutics (NASDAQ: VERA) reported key developments in Q3 2024, highlighting positive 96-week eGFR stabilization data from the ORIGIN Phase 2b trial of atacicept in IgAN. The company completed enrollment for the pivotal Phase 3 ORIGIN 3 trial, with topline data expected in Q2 2025. Vera reported a Q3 net loss of $46.6 million ($0.85 per share), compared to $20.1 million ($0.45 per share) in the previous year. The company strengthened its financial position with a $345 million equity offering and reported $353.3 million in cash and equivalents, which is expected to fund operations through potential approval and commercial launch of atacicept.