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Alumis' Investigational Lead Candidate Supports Superior Profile Than Bristol Myers' Commercialized Drug, Analyst Sees 170% Stock Upside

By Yahoo! Finance   |   Oct 17, 2024 at 02:45 PM EST
Alumis' Investigational Lead Candidate Supports Superior Profile Than Bristol Myers' Commercialized Drug, Analyst Sees 170% Stock Upside

HC Wainwright has initiated coverage on Alumis Inc., a biopharmaceutical company developing oral therapies for immune-mediated diseases. Their lead drug candidate, ESK-001, shows promise in Phase 3 trials for plaque psoriasis and Phase 2 trials for lupus.

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