By Kelly Cloonan
Shares of Alumis gained on plans to share topline data from a Phase 3 trial evaluating envudeucitinib to treat moderate-to-severe plaque psoriasis.
The stock rose 8.9% to $9.05 in after-hours trading on Monday. Through market close, shares have more than doubled in the past three months.
The biopharmaceutical company said it will report the data on Tuesday and host a conference call to discuss the results the same day.
The company had said in November it expected to share the topline results early in the first quarter. The data, as well as expected results from a trial evaluating the therapy in systemic lupus erythematosus, could validate envu's differentiated profile and unlock further opportunities across immune-mediated diseases, Alumis said at the time.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
January 05, 2026 18:12 ET (23:12 GMT)
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