Clinical DevelopmentCoya Therapeutics announced the launch of the ALSTARS Trial, a Phase 2, randomized, multi-center, double-blind, placebo-controlled study to evaluate the efficacy and safety of COYA 302 for the treatment of amyotrophic lateral sclerosis (ALS).
Financial StabilityCoya Therapeutics ended 2Q25 with $29.8M in cash and cash equivalents, which along with the expected milestone payments from DRL should be sufficient to fund operations into at least 2H26 based on forecasts.
Regulatory MilestonesThe FDA's acceptance of the IND triggers a $4.2M milestone payment to Coya from its strategic partner, Dr. Reddy's Laboratories.