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DNLI - Denali Is Flush With Cash After Partnership With Biogen
Denali Therapeutics Inc.
Denali Therapeutics (DNLI) has been on my radar for a while due to my personal interest in companies researching longevity-related areas like neurodegeneration. I hadn’t yet taken a close look, though, until I saw the Biogen (BIIB) partnership announcement recently. In this article, I take a deep dive into the Biogen partnership and the underlying LRRK2 inhibitor program, provide some background on the rest of the company’s pipeline, and try to assess whether Denali presents a good risk/reward profile at this time.
Denali’s Partnership With Biogen Should Go A Long Way