Clinical TrialsMLTX announced initiation of the Ph3 psoriatic arthritis (PsA) studies, indicating progress in their clinical trials.
Financial StabilityMoonLake ended 3Q24 with $493.9M in cash, cash equivalents and short-term marketable securities, which is expected to be sufficient to fund operations through 2026 and past completion of clinical development for SLK in HS.
Market PotentialIL-17 inhibitors, like SLK, are anticipated to unlock significant market growth in the PsA market, potentially becoming the largest drug class.