Alumis receives a renewed Buy rating, driven by upcoming data catalysts for lead candidate envudeucitinib in psoriasis and SLE. Phase 3 data for envudeucitinib showed strong efficacy and safety, though not outright superiority versus competitors, and twice-daily dosing is a minor drawback. Upcoming 2026 catalysts include long-term psoriasis data, NDA submission, and pivotal SLE data, all critical for valuation and acquisition potential.
Alumis Inc. is upgraded to Buy, reversing a prior Sell, based on strong Phase 3 envudeucitinib psoriasis data and pipeline potential. Envudeucitinib demonstrated efficacy comparable to JNJ's newly approved Icotyde, with 74% PASI 75 and 59% sPGA 0/1 at week 16. ALMS targets NDA submission for envudeucitinib in 2H 2026, with additional data in psoriatic arthritis and SLE expected in 2026.
Alumis shares jump 95% after envudeucitinib meets all endpoints in two phase III plaque psoriasis studies, showing strong skin clearance.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 415 | $1,656.27 | $11,105.4 | $9,449.13 | 570.51% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 13 | $286.39 | $348.98 | $62.59 | 21.85% |
Farallon Capital Farallon Capital Management LLC | 11,000 | $242,330 | $296,451.1 | $54,121.1 | 22.33% |
| BG Bart Gancher Intech Investment Management LLC | 29,591 | $133,170.96 | $794,370.39 | $661,199.43 | 496.5% |
John H. Burbank III Passport Capital LLC | 2.01M | $30.69M | $54.03M | $23.33M | 76.01% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JS Janani Sundararajan Chardan Capital | 3,748.13 | $100,000 | $108,114.69 | $8,114.69 | 8.11% |
| Biotechnology Industry | Healthcare Sector | Martin Babler CEO | NASDAQ (NGS) Exchange | 022307102 CUSIP |
| US Country | 223 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: