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Alumis and ACELYRIN To Merge; ACELYRIN Stockholders To Get 0.4274 Alumis Shares Each; Post-Transaction Ownership Of Combined Compsny Alumis 55%, ACELYRIN 45%.

Author: Benzinga Newsdesk | February 06, 2025 05:31pm

opline data from Phase 3 ONWARD trials for Alumis' ESK-001 in moderate-to-severe plaque psoriasis on track for readout in first half of 2026; Topline data from Phase 2b LUMUS trial in systemic lupus erythematosus on track for readout in 2026

Evaluation underway of development plan for ACELYRIN's lonigutamab to confirm differentiation in a capital efficient manner

Pro forma cash position of approximately $737 million as of December 31, 2024, provides runway into 2027, beyond expected multiple clinical readouts for highly differentiated late-stage portfolio

Alumis and ACELYRIN stockholders to own ~55% and ~45%, respectively, of combined company on a fully diluted basis

Combined company will operate under Alumis name with current Alumis executive team

 

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