Drug Development And TrialsZenas BioPharma announced strong, positive Phase 2 MoonStone results for obexelimab in relapsing multiple sclerosis, demonstrating a 95% statistically significant reduction in new Gd-enhancing T1 lesions versus placebo.
Financial Performance And OutlookZenas BioPharma has pro-forma cash of approximately $403.6M, following a recent private placement financing, with a runway into 4Q26.
Strategic PartnershipsThe announced license agreement between Zenas BioPharma and InnoCare Pharma allows Zenas to expand its pipeline by including Orelabrutinib, which addresses unmet needs in multiple sclerosis treatment.