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VERA News and Press, Vera Therapeutics Inc. From 01/31/23

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Company Name: Vera Therapeutics Inc.
Stock Symbol: VERA
Market: NASDAQ
Website: veratx.com

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VERA - Vera Therapeutics: Unremarkable New Interim PP Analysis Of Ph2 IgAN Trial, Maintaining A Sell Rating

Summary Vera Therapeutics has released an updated interim PP analysis on the phase 2b ORIGIN trial. The updated data excluded 14 patients who had some degree of a trial protocol violation, further enriching the data. The PP data was better than ITT data, where 36 weeks of data of th...

VERA - Vera Therapeutics boasts of mid-stage data from kidney inflammation candidate atacicept

A higher dosage strength of Vera Therapeutics ( NASDAQ: VERA ) atacicept, under investigation for the kidney inflammation disorder IgA nephropathy, led to a significant reduction in proteinuria compared to placebo in a phase 2b study. Results showed that at 24 weeks, patients on the 1...

VERA - Vera Therapeutics Releases 36 Week Interim Analysis of Phase 2b Clinical Trial of Atacicept for the Treatment of IgA Nephropathy; Patients in the 150 mg Dose Group Achieved a Delta of 48% Versus Placebo in Mean Reduction in Proteinuria

Vera continuing plans to rapidly advance atacicept into a pivotal Phase 3 trial in 1H 2023; full data to be presented at upcoming medical congresses Company plans to prioritize and focus current resources on the advancement of atacicept in IgA Nephropathy into a pivotal Phase 3 trial, ext...

VERA - Vera Therapeutics Hosting a Key Opinion Leader Webinar on Atacicept for the Treatment IgA Nephropathy (IgAN)

BRISBANE, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Vera Therapeutics, Inc. (Nasdaq: VERA), a late-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological disease, today announced that it will host a virtual key opini...

VERA - Why Vera Therapeutics Stock Bolted Higher This Week

Shares of the developmental-stage immunology company Vera Therapeutics (NASDAQ: VERA) gained a stately 49% this week, according to data provided by S&P Global Market Intelligence . Even so, the drugmaker's shares are down by a hefty 53% for the full month of January. What spar...

VERA - Vera: Disappointing Data From Phase 2 ORIGIN Trial, Initiating Coverage With A Sell Rating

Summary Vera’s phase 2b ORIGIN data was underwhelming with lower than expected proteinuria reduction ~31% even at 9 months. We believe Atacicept’s commercial opportunity in IgAN is questionable due to the high degree of competition from KDNY, Otsuka, and Remegen. VERA ...

VERA - Chinook Therapeutics: Best Biotech For Kidney Disease Exposure, With Catalysts

Summary 2023 should be a year of progress on kidney disease, with multiple catalysts lined up from multiple companies. Chinook Therapeutics, Inc. has the best risk-reward based on: i) valuation; ii) diversity of pipeline (ERA and anti-APRIL); and iii) clear catalyst in Q3 2023 (phase 3 ...

VERA - Vera Therapeutics downgraded to neutral at Wedbush following atacicept data setback

Wedbush downgraded Vera Therapeutics to neutral from outperform following the release of mid-term data for immunoglobulin A nephropathy (IgAN) candidate atacicept. The firm also cut its target price to $8 from $33 (~24% upside based on Wednesday's close). Vera ( NASDAQ: VERA ...

VERA - These 2 Nasdaq Biotechs Are Making Big Moves Wednesday

The Nasdaq Composite (NASDAQINDEX: ^IXIC) tried to bounce back on Wednesday morning, seeking to recover losses from the first trading day of 2023. As of shortly after the opening bell, the Nasdaq had moved up by more than half a percent. Individual stocks within the Nasdaq have seen h...

VERA - Vera Therapeutics down 65% on mid-stage data for immunoglobulin A nephropathy candidate

Vera Therapeutics ( NASDAQ: VERA ) is down 65% in after-hours trading Tuesday after releasing top-line data from a phase 2 trial of atacicept in patients with immunoglobulin A nephropathy (IgAN). Although the candidate met its primary endpoint, investors may have been looking for ...

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