LABP · Landos Biopharma
Acquired Company
AbbVie completed the acquisition of Landos Biopharma, Inc. on May 23, 2024.
Landos Biopharma is a clinical-stage biopharmaceutical company focused on the discovery and development of oral therapeutics for patients with autoimmune diseases that are the first to target new mechanisms of action, including the LANCL2, NLRX1 and PLXDC2 immunometabolic pathways. Landos Biopharma’s core expertise is in the development of therapeutic candidates targeting novel pathways at the interface of immunity and metabolism. Lead asset BT-11 is a novel, oral, gut-restricted small molecule therapeutic candidate for the treatment of ulcerative colitis and Crohn’s disease that targets the LANCL2 pathway. NX-13 is a novel, oral, gut-restricted compound for the treatment of inflammatory bowel disease, which targets the NLRX1 pathway. Additional candidates are in development for the treatment of lupus nephritis, rheumatoid arthritis, multiple sclerosis, and diabetes.
Market Cap
N/A
52 Wk Range
N/A - N/A
Previous Close
$22.80
Open
$22.93
Volume
50,899
Day Range
$22.75 - $22.94
Enterprise Value
N/A
Cash
N/A
Avg Qtr Burn
N/A
Insider Ownership
9.89%
Institutional Own.
52.04%
Qtr Updated
Mar 31st 2024
