Clinical TrialsTegoprubart continues to be generally safe and well-tolerated in the Phase Ib study, with no cases of hyperglycemia, new onset diabetes, or tremor.
Financial PerformanceMgmt. expects current cash and equivalents to fund operations through YE25, with potential to access an additional ~$50mn tranche of capital that could extend the cash runway into 2027 and through the Phase 2 POC readout.
Market OpportunityELDN sees a significant commercial opportunity for effective rejection-preventing medications, citing the blockbuster peak sales of current standard-of-care tacrolimus.