other material
confidence high
sentiment positive
materiality 0.75
Denali tividenofusp alfa gets FDA Breakthrough Therapy; BLA submission in early 2025
Denali Therapeutics Inc.
- FDA granted Breakthrough Therapy Designation for tividenofusp alfa in Hunter syndrome (MPS II) on Jan 7, 2025.
- Denali expects BLA submission under accelerated approval pathway in early 2025; U.S. launch targeted late 2025/early 2026.
- Seeking FDA alignment on accelerated approval for DNL126 in Sanfilippo syndrome after CSF HS normalization in Phase 1/2.
- Cash, equivalents, and marketable securities ~$1.28B as of Sep 30, 2024; cash runway extended into 2028.
- Plan to advance 1–2 TV-enabled programs into clinic per year over next three years across ETV, OTV, ATV.