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ALGS Neutral Sentiment

Safety, Pharmacokinetics, And Pharmacodynamics Of Multiple Ascending Oral Doses Of ALG-055009, A Thyroid Hormone Receptor Beta Agonist, In Hyperlipidaemic Subjects And Relative Bioavailability/food Effect Of A Solid Formulation In Healthy Volunteers

Key Takeaway: The article discusses the safety, pharmacokinetics, and pharmacodynamics of multiple ascending oral doses of ALG-055009, a thyroid hormone receptor beta agonist, in hyperlipidaemic subjects. It also covers the relative bioavailability and food effect of a solid formulation in healthy volunteers. The study aims to provide insights into the drug's efficacy and safety profile.
Price reaction · baseline $17.5275 (2023-12-01 close) · 7 other ALGS headline(s) in the window, move may be shared
day 0 close · peak
-3%

Market Sentiment Analysis

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

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• Committee Composition
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• Contact IR
Last updated: Dec 3, 2023