Alumis disclosed topline ONWARD3 data for envudeucitinib, showing leading skin clearance in immune-mediated diseases. The update strengthens the program’s pipeline narrative and could prompt near-term catalysts, including potential partnerships or milestone timing, if additional data corroborates the topline results.
Alumis (ALMS) surged 107.9% after positive Phase 3 trial results. The drug envudeucitinib shows promise in treating plaque psoriasis. FDA application for envudeucitinib planned for 2026. Results enhance ALMS's competitiveness against Johnson & Johnson. Safety and significant outcomes strengthen investor confidence.
Alumis (ALMS) surged 107.9% post Phase 3 trial success. Envudeucitinib showed significant outcomes and safety for psoriasis treatment. FDA application planned for 2026 enhances market competitiveness against J&J.
Alumis stock surged 115.58% following ONWARD1 and ONWARD2 trial results. Envudeucitinib showed significant efficacy in treating plaque psoriasis. 74% of patients achieved PASI 75, indicating strong performance. Upcoming NDA submission expected in H2 2026 could drive further growth. ALMS is trading at a new 52-week high.
HC Wainwright initiates coverage on Alumis with a Buy rating. Alumis’ ESK-001 shows superior efficacy compared to competitors. Peak sales for ESK-001 projected at $1.9 billion in psoriasis. Sotyktu's patent expiration in 2026 could benefit ESK-001. ALMS is currently down 2.68% amid positive analyst expectations.