Denali Therapeutics gains FDA approval for Avlayah, but pipeline setbacks and partner exits raise fresh questions as key clinical programs continue.
Denali Therapeutics surges on Avlayah???s FDA approval, PRV sale and pipeline progress, but partnership changes and trial setbacks remain in focus.
DNLI will gain $195M from selling its Rare Pediatric Disease PRV, adding non-dilutive capital to advance its clinical portfolio and growth plans.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 195 | $2,728.2 | $4,490.85 | $1,762.65 | 64.61% |
| CD Carine Duboscq Groupama Asset Managment | 207,130 | $3.79M | $4.78M | $990,901.79 | 26.12% |
| BG Bart Gancher Intech Investment Management LLC | 38,931 | $566,150.91 | $897,359.55 | $331,208.64 | 58.5% |
John H. Burbank III Passport Capital LLC | 3.73M | $88.09M | $86.02M | -$2.08M | -2.36% |
| YA Yinka Akinsola Blue Trust Inc. | 40 | $559.6 | $921.2 | $361.6 | 64.62% |
| Biotechnology Industry | Healthcare Sector | Ryan J. Watts CEO | NASDAQ (NGS) Exchange | 24823R105 CUSIP |
| US Country | 443 Employees | - Last Dividend | - Last Split | 8 Dec 2017 IPO Date |
Denali Therapeutics Inc., a pioneering biopharmaceutical entity, dedicates its efforts to the development of a comprehensive portfolio of product candidates. These are specifically engineered to cross the blood-brain barrier, offering innovative therapies for neurodegenerative diseases and lysosomal storage diseases predominantly within the United States. Initially known as SPR Pharma Inc., Denali underwent a rebranding phase in March 2015, transitioning to its current identity. The foundation of Denali Therapeutics Inc. was laid in 2013, and its operational base is strategically located in South San Francisco, California. In its journey towards medical advancement, Denali Therapeutics maintains collaboration agreements with prominent industry leaders, including Biogen MA Inc., Biogen International GmbH, Genzyme Corporation, Takeda Pharmaceutical Company Limited, F-star entities, and Genentech, Inc., amongst others.