Mineralys Therapeutics

Mineralys Therapeutics

MLYS
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MLYS · Stock Price

USD 29.35+14.70 (+100.34%)
Market Cap: $2.4B

Historical price data

Market Cap: $2.4BPipeline: 6 drugs (2 Phase 3)Founded: 2020Employees: 50-100HQ: Radnor, United States

Overview

Mineralys Therapeutics is focused on developing targeted therapies for cardio-renal-metabolic syndrome (CRMS), beginning with treatment-resistant hypertension (TRH). The company's core achievement is the in-licensing and clinical validation of lorundrostat, a selective aldosterone synthase inhibitor, which demonstrated compelling proof-of-concept in a Phase 2 study. Its strategy is to become the first mover in a novel drug class, targeting the estimated 30% of hypertensive patients with dysregulated aldosterone, while building a lean, digitally-enabled organization for efficient development and future commercialization.

CardiovascularMetabolicRenal

Technology Platform

Proprietary platform focused on selective inhibition of aldosterone synthase (CYP11B2) to target dysregulated aldosterone production underlying cardio-renal-metabolic diseases.

Pipeline

6
6 drugs in pipeline2 in Phase 3
DrugIndicationStageWatch
lorundrostat + PlaceboHypertensionPhase 3
Placebo + lorundrostat Dose 1 + lorundrostat Dose 2HypertensionPhase 3
Placebo + lorundrostat Dose 1 + lorundrostat Dose 2HypertensionPhase 2
MLS-101 (Part I) + MLS-101 (Part II)Hypertension, RenalPhase 2
Lorundrostat + PlaceboObstructive Sleep ApneaPhase 2

Funding History

3
Total raised:$350M
IPO$192M
Series B$118M
Series A$40M

Company Timeline

2020Founded

Founded in Radnor, United States

2020Series A

Series A: $40.0M

2022Series B

Series B: $118.0M

2023IPO

IPO — $192.0M