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Allakos Inc NASDAQ:ALLK Allakos is a clinical stage biotechnology company developing antibodies that target immunomodulatory receptors present on immune effector cells involved in allergic, inflammatory, and proliferative diseases. The Company's lead antibody, lirentelimab (AK002), is being evaluated in a Phase 3 study in eosinophilic gastritis (EG) and/or eosinophilic duodenitis (EoD) and a Phase 2/3 study in eosinophilic esophagitis (EoE). Lirentelimab targets Siglec-8, an inhibitory receptor selectively expressed on human mast cells and eosinophils. Inappropriately activated eosinophils and mast cells have been identified as key drivers in a number of severe diseases affecting the gastrointestinal tract, eyes, skin, lungs and other organs. Lirentelimab has been tested in multiple clinical studies. In these studies, lirentelimab eliminated blood and tissue eosinophils, inhibited mast cells and improved disease symptoms in patients with EG and/or EoD, EoE, mast cell gastrointestinal disease, severe allergic conjunctivitis, chronic urticaria and indolent systemic mastocytosis.
Location: 975 Island Dr Ste 201, California, 94065-5173, US | Website: www.allakos.com | Industry: Research and Development in Biotechnology | Sector: Professional, Scientific, and Technical Services
Market Cap
NaN
52 Wk Range
$ - $
Previous Close
$N/A
Open
$N/A
Day Range
N/A - N/A
Volume
N/A
Avg Volume
N/A
Enterprise Value
40.99M
Cash
92.72M
Avg Qtr Burn
-26.35M
Short % of Float
2.33%
Insider Ownership
2.32%
Institutional Own.
81.63%
Qtr Updated
09/30/24
Drug Pipeline
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Drug & Indication | Stage & Event | Catalyst Date |
---|---|---|
AK006 (IV) Details Chronic spontaneous urticaria | Phase 1 Data readout | |
AK006 (SC) Details Chronic spontaneous urticaria | Phase 1 Update | |
Lirentelimab (AK002) (Siglec-8) Details Eosinophilic Esophagitis | Failed Discontinued | |
Lirentelimab (AK002) Details Atopic dermatitis | Failed Discontinued | |
Lirentelimab (AK002) (Siglec-8) Details Chronic urticaria | Failed Discontinued | |
Lirentelimab (AK002) (Siglec-8) Details Eosinophilic Duodentitis , Eosinophilic Gastritis | Failed Discontinued |