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Eledon Pharmaceuticals to Present at Jefferies Healthcare Conference

Key Takeaway: Eledon Pharmaceuticals announced that its CEO, David-Alexandre C. Gros, M.D., will present a company overview at the Jefferies Healthcare Conference on June 9, 2023. This presentation is an opportunity for Eledon to highlight its advancements and the potential of its lead compound, tegoprubart, which aims to protect transplanted organs and treat ALS. A webcast of the presentation will be available for those interested in the company's updates.
Price reaction · baseline $1.97 (2023-06-01 close) · hit after-hours · clean, no other ELDN news in the window
day 0 close
-2%

Market Sentiment Analysis

POSITIVE FACTORS

  • Eledon Pharmaceuticals is presenting at the prominent Jefferies Healthcare Conference.
  • The company is focused on developing therapies with broad therapeutic potential.
  • Tegoprubart, Eledon’s lead compound, targets a well-validated biological pathway.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+90%
120-day peak, hindsight
Typical move
6.5%
average across 7 past catalysts
Cash runway
~11 mo
Medium dilution risk
Lead asset
AT-1501
Phase 2 · Kidney Transplant Rejection

Full Press Release Details

IRVINE, Calif., June 02, 2023 (GLOBE NEWSWIRE) -- Eledon Pharmaceuticals, Inc. (“Eledon”) (NASDAQ: ELDN) today announced that David-Alexandre C. Gros, M.D., Chief Executive Officer, will present a company overview at the upcoming Jefferies Healthcare Conference on Friday, June 9, 2023, at 9:00 a.m. ET.
To register in advance for the presentation webcast, sign up here.
A webcast replay will be accessible following the live session on the Events page of the Investors section on the Company’s website at https://ir.eledon.com/events-and-presentations/events.
About Eledon Pharmaceuticals and tegoprubart (formerly AT-1501)
Eledon Pharmaceuticals is a clinical stage biotechnology company using its immunology expertise in targeting the CD40 Ligand (CD40L, also called CD154) pathway to develop therapies to protect transplanted organs and prevent rejection, and to treat ALS. The company’s lead compound in development is tegoprubart, an anti-CD40L antibody with high affinity for CD40 Ligand, a well-validated biological target with broad therapeutic potential. Eledon is headquartered in Irvine, California. For more information, please visit the company’s website at www.eledon.com.
Follow Eledon Pharmaceuticals on social media: LinkedIn; Twitter
Source: Eledon Pharmaceuticals

Frequently Asked Questions

When will Eledon Pharmaceuticals present at the Jefferies Healthcare Conference?

Eledon Pharmaceuticals will present on June 9, 2023, at 9:00 a.m. ET.

What is tegoprubart used for?

Tegoprubart is developed to protect transplanted organs and treat ALS.

How can I access the webcast of Eledon's presentation?

You can register for the presentation on their investor events page.

Where is Eledon Pharmaceuticals located?

Eledon Pharmaceuticals is located in Irvine, California.

What is Eledon's main focus in biotechnology?

Eledon's focus is on targeting the CD40 Ligand pathway for therapies.

Last updated: Jun 2, 2023