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Stock impact report

Zenas BioPharma Gains Outperform Rating From Analyst As Key Autoimmune Trials Progress [Yahoo! Finance]

Zenas BioPharma, Inc. (ZBIO) 
Company Research Source: Yahoo! Finance
Zenas BioPharma started trading on the NASDAQ in September 2024. The company closed an upsized initial public offering of 15.22 million shares at $17 per share, raising approximately $258.7 million in gross proceeds The company's lead program obexelimab concluded enrollment in the Phase 3 INDIGO trial for immunoglobulin-G4-Related Disease (IgG4-RD). Topline data is expected by the end of 2025 The company also initiated the Phase 2 MoonStone trial for Relapsing Multiple Sclerosis (MS) and the Phase 2 SunStone trial for Systemic Lupus Erythematosus (SLE). Also Read: PTC Therapeutics Reveals New Sepiapterin Data From Phase 3 Study In Patients With Inherited Disorder, FDA Decision Expected In July 12-week primary endpoint results Read more
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