Welcome to our dedicated page for Vera Therapeutics news (Ticker: VERA), a resource for investors and traders seeking the latest updates and insights on Vera Therapeutics stock.
Vera Therapeutics, Inc. (VERA) is a clinical-stage biotechnology company pioneering targeted therapies for autoimmune and inflammatory diseases. This page provides investors and stakeholders with timely updates on clinical developments, regulatory milestones, and corporate announcements.
Access Vera Therapeutics' latest press releases, including progress reports on atacicept for IgA nephropathy (IgAN) and lupus nephritis, updates on its MAU868 antibody program, and strategic partnerships. Our curated news feed ensures you stay informed about pivotal Phase 3 trial results, FDA communications, and financial disclosures that may impact investment decisions.
Key coverage areas include B cell modulation research, clinical trial design innovations, and collaborations with leading medical institutions. Bookmark this page for direct access to primary source materials and analysis-free reporting on Vera's scientific advancements in immunological therapeutics.
Vera Therapeutics, Inc. announced positive interim data from its Phase 2b ORIGIN clinical trial of atacicept in IgA Nephropathy (IgAN), revealing a 41% mean reduction in proteinuria for the 150mg dose group at 24 weeks. The company plans to start a Phase 3 clinical trial in Q2 2023 and expects to release 36-week data from ORIGIN then. Vera reported a net loss of $89.1 million for 2022, increasing from $32.6 million in the previous year. Despite this, it has a strong balance sheet with approximately $188 million from recent follow-on offerings, supporting operations through early 2026.
Vera Therapeutics, Inc. (Nasdaq: VERA), a late-stage biotechnology company, will participate in a fireside chat at the Cowen 43rd Annual Health Care Conference in Boston from March 6 – 8, 2023. The chat is scheduled for March 6 at 2:10 PM ET and will be available via webcast. Additionally, the management team will hold one-on-one investor meetings at the event. Vera focuses on developing transformative treatments for serious immunological diseases, with its lead product candidate, atacicept, targeting conditions like IgA nephropathy and lupus nephritis. A replay of the event will be accessible for 90 days on their website.
On February 6, 2023, Vera Therapeutics (NasdaqGM: VERA) announced the successful closing of its underwritten public offering of 16,428,572 shares of Class A common stock at a price of $7.00 per share. This transaction, which includes the full exercise of the underwriters' option to purchase an additional 2,142,857 shares, is expected to generate gross proceeds of approximately $115 million before expenses. J.P. Morgan, Cowen, and Evercore ISI led the offering, which was conducted under an effective shelf registration statement. Vera focuses on transformative treatments for serious immunological diseases, including its lead product candidate, atacicept.
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