Eledon Pharmaceuticals, Inc.ELDN

$3.92+0.22 (+5.95%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$441M
Small-cap
+236%
2016 — today
10-Year Price
-100%
2016 — today
52-Week Range
$1.39$4.36
Current $3.92· 85%

Eledon Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical firm dedicated to creating innovative treatments for individuals battling autoimmune disorders, amyotrophic lateral sclerosis (ALS), and those undergoing organ or cell transplantation. Their flagship therapeutic candidate, AT-1501, is a humanized monoclonal antibody engineered to specifically target CD40 Ligand, a crucial protein found on the surface of immune system T cells. This compound is currently undergoing Phase 2a clinical studies for ALS treatment and Phase 2 trials for islet cell transplantation, aiming to address type 1 diabetes. Previously known as Novus Therapeutics, Inc., the company adopted its current name, Eledon Pharmaceuticals, Inc., in January 2021. Its corporate headquarters are located in Irvine, California.

Valuation in context

P/E ratio
-4.5
N/A
Not meaningful — company is unprofitable
P/B ratio
4.4
Near historic high
Near historic highs — last 10 years
FCF Yield
-15.6%
Near historic high
Near historic highs — last 10 years
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