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AUPH - Assessing Aurinia Pharmaceuticals Post FDA Approval
Aurinia Pharmaceuticals Inc
After nearly two and a half decades, Aurinia Pharmaceuticals' immunosuppressant voclosporin finally garnered FDA approval last week.
After flunking a Phase 2/3 dry eye syndrome trial in October 2020, voclosporin for lupus nephritis (LN) is the only meaningful asset/indication for the company.
With voclosporin likely to become the standard of care therapy for LN, a recently inked EU and Japanese collaboration, and insider buying, Aurinia merited a deeper dive.