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Nonclinical Toxicology Profile of ALG-055009, a Novel and Potent Thyroid Hormone Receptor β Agonist, for the Treatment of Metabolic Dysfunction-Associated Steatohepatitis (MASH)

Sunday, November 17, 2024 BiopharmaWatch Research 1 min read
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Key Takeaway: The article discusses the nonclinical toxicology profile of ALG-055009, a new thyroid hormone receptor beta agonist. This compound is being developed for the treatment of metabolic dysfunction-associated steatohepatitis (MASH). The findings suggest promising therapeutic potential for this condition.
Price reaction · baseline $19.17 (2024-11-15 close) · 2 other ALGS headline(s) in the window, move may be shared
day 0 close · peak
+5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Introduction of ALG-055009 as a novel treatment option.
  • Potential to address metabolic dysfunction-associated steatohepatitis (MASH).

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+153%
120-day peak, hindsight
Typical move
6.1%
average across 6 past catalysts
Cash runway
~3 mo
High dilution risk
Lead asset
ALG-055009
Phase 2 · NASH

Full Press Release Details

• About Overview Management Board of Directors
• Science Pipeline Posters & Presentations
• Patients Chronic HBV Infection MASH Clinical Trials Expanded Access Policy
• News & Media Press Releases Presentations & Events
• Investors Overview Stock Stock Quote & Chart Analyst Coverage News & Events News Releases Investor Calendar Financials SEC Filings Quarterly Results Governance Governance Highlights Committee Composition Resources Investor FAQs Email Alerts Contact IR
• Careers
• Overview
• Management
• Board of Directors
• Pipeline
• Posters & Presentations
• Chronic HBV Infection
• MASH
• Clinical Trials
• Expanded Access Policy
• Press Releases
• Presentations & Events
• Overview
• Stock Stock Quote & Chart Analyst Coverage
• News & Events News Releases Investor Calendar
• Financials SEC Filings Quarterly Results
• Governance Governance Highlights Committee Composition
• Resources Investor FAQs Email Alerts Contact IR
• Stock Quote & Chart
• Analyst Coverage
• News Releases
• Investor Calendar
• SEC Filings
• Quarterly Results
• Governance Highlights
• Committee Composition
• Investor FAQs
• Email Alerts
• Contact IR

Frequently Asked Questions

What is ALG-055009?

ALG-055009 is a novel thyroid hormone receptor beta agonist.

What condition does ALG-055009 target?

It is being developed for the treatment of metabolic dysfunction-associated steatohepatitis (MASH).

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Tags: ALGS Viatris Investor Conferences Healthcare ALG-055009 MASH thyroid hormone receptor metabolic dysfunction
Last updated: Nov 17, 2024

Biotech snapshot

Cash runway
$30M liquidity · $8M/mo burn
~3 mo
High dilution risk
Lead asset
ALG-055009Phase 2
NASH →

Catalyst track record

+153%
best trade around ALGS's most recent catalyst

Peak hindsight return over a 120-day window, across 6 tracked FDA/PDUFA catalysts for ALGS.

See every catalyst's timing & PoA →