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Eledon Pharmaceuticals to Present Updated Data from Ongoing Phase 1b Trial of Tegoprubart in Patients Undergoing Kidney Transplantation at the American Transplant Congress

Key Takeaway: Eledon Pharmaceuticals has announced that it will present updated data from its ongoing Phase 1b trial of tegoprubart at the American Transplant Congress in Philadelphia from June 1-5, 2024. The poster will cover biomarkers of inflammation and eGFR in the context of preventing rejection in kidney transplant patients. Eledon will also sponsor a satellite symposium featuring several notable experts in the field. The company’s research focuses on immune-modulating therapies for critical conditions.
Price reaction · baseline $2.44 (2024-05-08 close) · hit after-hours · 2 other ELDN headline(s) in the window, move may be shared
day 0 close · peak
-1.6%

Market Sentiment Analysis

POSITIVE FACTORS

  • Eledon Pharmaceuticals will present updated data on tegoprubart at an important conference.
  • The presentation includes promising findings related to kidney transplantation.
  • The involvement of esteemed faculty members in the symposium enhances the event's credibility.

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., May 09, 2024 (GLOBE NEWSWIRE) -- Eledon Pharmaceuticals, Inc. (“Eledon”) (Nasdaq: ELDN) today announced that the Company will participate in the American Transplant Congress (ATC) taking place in Philadelphia, PA from June 1-5, 2024. The Company will present a poster that features updated data from Eledon’s ongoing open-label Phase 1b trial and open-label extension study evaluating tegoprubart for the prevention of rejection in patients undergoing kidney transplantation.
Details on the poster presentation are below:
Title: Biomarkers of Inflammation and eGFR in an Ongoing Phase 1B Study of an Anti-CD40L Antibody Tegoprubart, for the Prevention of Rejection in Kidney Transplant
Presenter: Steve Perrin, Ph.D., President and Chief Scientific Officer, Eledon Pharmaceuticals
Session Date and Time: Monday, June 3, 9:15-10:00 A.M. ET & 2:30-3:15 P.M. ET
Following the poster presentation, a copy of the poster can be found on the Investor section of the Company’s website at https://ir.eledon.com/news-and-events/publications-and-presentations.
The Company will also sponsor a satellite symposium at ATC titled: Blazing a path towards “Total Success” in Solid Organ Transplantation, to be held on Sunday, June 2, at 12:15pm ET. Faculty include, Flavio Vincenti, M.D., University of California San Francisco, Diane Cibrik, M.D., University of Kansas Health System, Allan Kirk, M.D., Duke University School of Medicine, Jay Fishman, M.D., Massachusetts General Hospital, Klemens Budde, M.D., Charité Universitätsmedizin Berlin and Roslyn Mannon, M.D., University of Nebraska Medical Center.
About Eledon Pharmaceuticals and tegoprubart
Eledon Pharmaceuticals, Inc. is a clinical stage biotechnology company that is developing immune-modulating therapies for the management and treatment of life-threatening conditions. The Company’s lead investigational product is tegoprubart, an anti-CD40L antibody with high affinity for CD40 Ligand, a well-validated biological target within the costimulatory CD40/CD40L cellular pathway. The central role of CD40L signaling in both adaptive and innate immune cell activation and function positions it as an attractive target for non-lymphocyte depleting, immunomodulatory therapeutic intervention. The Company is building upon a deep historical knowledge of anti-CD40 Ligand biology to conduct preclinical and clinical studies in kidney allograft transplantation, xenotransplantation, and amyotrophic lateral sclerosis (ALS). 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
Berry & Company Public Relations
Source: Eledon Pharmaceuticals

Frequently Asked Questions

When is Eledon Pharmaceuticals presenting at the ATC?

Eledon Pharmaceuticals will present a poster on June 3, 2024.

What is the focus of Eledon's poster presentation?

The presentation focuses on tegoprubart for preventing rejection in kidney transplants.

Who is presenting Eledon's poster at ATC?

The poster will be presented by Dr. Steve Perrin, Eledon's Chief Scientific Officer.

What symposium will Eledon sponsor at the ATC?

Eledon will sponsor a symposium titled 'Blazing a path towards Total Success'.

What is tegoprubart developed for?

Tegoprubart is developed for immune modulation in kidney transplantation.

Last updated: May 9, 2024