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ELDN

Eledon Pharmaceuticals, Inc. · NASDAQ · Healthcare

Price$2.77-8.88% · −$0.27

Market cap225.09MEquity value

P / E-3.0Trailing ratio

Volume1.26MLatest session

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ELDNNov 7, 2025+21.16% since signal

Eledon Pharmaceuticals' Lead Asset Fails In Mid-Stage Study, But Pushes Forward With Pivotal Study

Eledon stock down 59% after Phase 2 trial results. Tegoprubart showed higher eGFR but missed primary efficacy endpoints. The drug is moving to Phase 3 despite trial failures. Eledon has $93.4 million cash runway into late 2026. Phase 2 trial had significant patient volume, indicating strong interest.

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