regulatory
confidence high
sentiment positive
materiality 0.85
MoonLake aligns with FDA on BLA for sonelokimab in HS; Q1 cash $357.9M
MoonLake Immunotherapeutics
- FDA pre-BLA meeting positive; alignment on submission plans, adolescent data inclusion, and safety strategy.
- BLA submission planned for end of Sep 2026; Priority Review decision expected within 60 days.
- Proposed label includes ~43% HiSCR75 response and ~29pp delta-to-placebo from MIRA trial, highest in HS.
- Cash $357.9M as of Mar 31, 2026; runway to end of 2027; up to $400M non-dilutive debt facility available.
- R&D expenses $54.5M (stable); G&A $15.5M with $4.8M accelerated stock option cancellation.