Inflammation Biotech Alumis Trims IPO Plans But Still Raises $250M for Clinical Trials
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Frank Vinluan (via MedCity News)
Alumis’s lead drug candidate blocks TYK2, an inflammation target that’s already addressed by Sotyktu, a Bristol Myers Squibb drug approved for plaque psoriasis. Alumis plans to begin two Phase 3 tests in this indication later this year.
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