Clinical DevelopmentOruka Therapeutics reported continued progress across its clinical-stage programs, highlighting the upcoming Phase 2a study for ORKA-001 in psoriasis patients.
Financial StabilityOruka has completed a private investment in public equity (PIPE) financing resulting in gross proceeds of approximately $180M, providing financial stability and operational runway well into 2028.
Market PotentialAnalysts believe Oruka has potential to disrupt the global psoriasis market, estimated at over $30 billion, with its assets ORKA-001 and ORKA-002.