
Mineralys Therapeutics, Inc. Common Stock
MLYSMineralys Therapeutics, Inc. (MLYS) is a biopharmaceutical company focused on developing therapies for cardiovascular and metabolic diseases. The company utilizes proprietary technology to develop targeted treatments aimed at addressing unmet medical needs, with a particular emphasis on hyperkalemia. Mineralys aims to advance innovative solutions to improve patient outcomes in these therapeutic areas.
Company News
Mineralys Therapeutics announced that late-breaking data from a proteomic analysis of heart failure biomarkers during lorundrostat treatment will be presented at ENDO 2026. The data comes from post hoc analysis of the Launch-HTN and Advance-HTN trials, which evaluated the aldosterone synthase inhibitor for treating uncontrolled and resistant hype...
Mineralys Therapeutics announced the repurchase of all future royalty payments to Tanabe Pharma for lorundrostat, paying $200 million upfront plus up to $100 million upon commercial milestones. Concurrently, the company secured a $500 million senior secured term loan facility from Pharmakon Advisors and priced a $150 million common stock offering...
Velan Capital Investment Management LP sold 140,000 shares of Mineralys Therapeutics in Q1 2026, valued at approximately $4.11 million, reducing its stake to 11,000 shares. Despite the fund's reduction, Mineralys stock has surged 87.84% over the past year. The clinical-stage biotech company is awaiting FDA approval for its lead candidate lorundro...
Mineralys Therapeutics presented post hoc analysis data from its Phase 3 Launch-HTN trial showing that lorundrostat, an aldosterone synthase inhibitor, achieved statistically significant blood pressure reductions in patients with chronic kidney disease (CKD) and hypertension. The drug demonstrated a 9.6 mmHg placebo-adjusted systolic blood pressu...
Mineralys Therapeutics presented clinical data for lorundrostat at ASN Kidney Week 2025, demonstrating promising results in reducing blood pressure and albuminuria in chronic kidney disease patients. The company plans to file a New Drug Application with the FDA in late 2025 or early 2026.

