Alumis Inc. (ALMS) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript
Alumis Inc. remains a late-stage biotech with no commercial product and significant risk. ALMS's value is primarily tied to envudeucitinib, a selective TYK2 inhibitor for psoriasis and lupus. The recent share price crash, driven by a lupus trial failure, is significant but may not erase envudeucitinib's potential.
Alumis NASDAQ: ALMS said its Phase II LUMUS trial of envudeucitinib in systemic lupus erythematosus, or SLE, did not meet its primary or key secondary endpoints in the overall study population. However, the company said pre-specified analyses showed clinically meaningful responses among patients with a high interferon gene signature, a subgroup it plans to emphasize in future development discussions with regulators.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 411 | $1,664.46 | $2,490.66 | $826.2 | 49.64% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 23 | $567.79 | $139.38 | -$428.41 | -75.45% |
| NA Nizar Araji National Bank Of Canada /FI/ | 25 | $703.5 | $157.75 | -$545.75 | -77.58% |
| BG Bart Gancher Intech Investment Management LLC | 20,853 | $106,956.96 | $131,582.43 | $24,625.47 | 23.02% |
| NSS Neil S. Shapiro Towerview LLC | 222,294 | $1.81M | $1.37M | -$438,368.66 | -24.28% |
| Biotechnology Industry | Healthcare Sector | Martin Babler CEO | NASDAQ (NGS) Exchange | 022307102 CUSIP |
| US Country | 237 Employees | - Last Dividend | - Last Split | - IPO Date |
Alumis Inc. is a clinical-stage biopharmaceutical entity dedicated to forging new paths in the treatment of autoimmune disorders. This commitment is underpinned by its focus on the research, development, and eventual commercialization of innovative medicinal solutions aimed at addressing a variety of autoimmune diseases. Marking a significant milestone in its journey, the company transitioned to Alumis Inc. in January 2022, evolving from its former identity as Esker Therapeutics, Inc. This rebranding reflects a broader strategic vision as it progresses with its clinical endeavors. Established in 2021, Alumis Inc. anchors its operations in South San Francisco, California, positioning itself in the vibrant hub of biotechnological innovation.
Within its innovative portfolio, Alumis Inc. is advancing the development of specialized therapeutic solutions, primarily focusing on: