MoonLake Immunotherapeutics

MoonLake Immunotherapeutics

MLTX
Zug, Switzerland· Est.
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MLTX · Stock Price

USD 17.20-21.27 (-55.29%)
Market Cap: $1.3B

Historical price data

Market Cap: $1.3BPipeline: 10 drugs (7 Phase 3)Founded: 2021Employees: 100+HQ: Zug, Switzerland

Overview

MoonLake Immunotherapeutics is on a mission to revolutionize treatment for serious inflammatory diseases by leveraging its innovative Nanobody® technology. The company's core achievement is the in-licensing and rapid advancement of sonelokimab, which has demonstrated positive Phase 2 results and is now in multiple Phase 3 trials for hidradenitis suppurativa (HS) and psoriatic arthritis (PsA). Its strategy focuses on executing these late-stage programs to bring a potentially best-in-class therapy to market in competitive immunology spaces, while exploring expansion into adjacent indications like axial spondyloarthritis and palmoplantar pustulosis.

DermatologyRheumatology

Technology Platform

Nanobody® platform: proprietary technology for developing small, stable, single-domain antibody fragments that enable superior tissue penetration and can be engineered into multivalent constructs for enhanced potency against inflammatory targets.

Pipeline

10
10 drugs in pipeline7 in Phase 3
DrugIndicationStageWatch
SonelokimabArthritis, PsoriaticPhase 3
SonelokimabHidradenitis SuppurativaPhase 3
SonelokimabHidradenitis SuppurativaPhase 3
Sonelokimab + PlaceboHidradenitis SuppurativaPhase 3
Sonelokimab + PlaceboHidradenitis SuppurativaPhase 3

Funding History

2
Total raised:$60M
IPOUndisclosed
Series A$60M

Company Timeline

2021Founded

Founded in Zug, Switzerland

2021Series A

Series A: $60.0M

2022IPO

Initial Public Offering