By Katherine Hamilton
Mineralys Therapeutics said its drug lorundrostat didn't meaningfully reduce sleep apnea in a Phase 2 trial.
The biopharmaceutical company said Monday that the treatment didn't demonstrate a reduction in the Apnea-Hypopnea Index, which measures the number of times breathing stops or becomes shallow during an hour of sleep.
Shares fell 3%, to $26.35, in after-hours trading.
Lorundrostat did show meaningful reductions in blood pressure and had a meaningful safety profile, Chief Executive Jon Congleton said.
The trial involved 48 patients and lasted four weeks.
The Radnor, Pa., company also said the Food and Drug Administration accepted the new drug application for lorundrostat for the treatment of adult patients with hypertension in combination with other antihypertensive drugs.
The FDA has assigned a Prescription Drug User Fee Act target action date of Dec. 22.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 09, 2026 19:14 ET (23:14 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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