Alumis files for IPO to support work on oral TYK2 blockers
Biotechnology start-up Alumis is set to go public, filing with the US Securities and Exchange Commission for an initial public offering (IPO).
Formed in 2021 and formerly known as Esker Therapeutics, the firm was hatched by San Franciscan start-up incubator Foresite Labs.
The company, which has already raised hundreds of millions in private capital, aims to fund the clinical development of two TYK2 inhibitor drugs targeting autoimmune and neurological diseases.
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