Mineralys Therapeutics, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Jon Congleton
- Full Time Employees
- 76
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 150 N. Radnor Chester Rd. Radnor PA United States of America 19087
- IPO Date
- Feb 10, 2023
- CIK
- 0001933414
- Website
- mineralystx.com
- Similar Companies
- Business
- Mineralys Therapeutics, Inc. (Nasdaq: MLYS) is a clinical-stage biopharmaceutical company that develops medicines targeting hypertension and related comorbidities including chronic kidney disease, obstructive sleep apnea and other aldosterone-driven diseases. The company offers lorundrostat, a proprietary orally administered highly selective aldosterone synthase inhibitor designed to reduce aldosterone production by inhibiting the CYP11B2 enzyme, for the treatment of uncontrolled hypertension, resistant hypertension, chronic kidney disease in hypertensive patients and obstructive sleep apnea with hypertension; its clinical pipeline features completed Phase 3 Launch-HTN and Phase 2 Advance-HTN trials demonstrating robust systolic blood pressure reductions and favorable safety profiles in uncontrolled and resistant hypertension patients, Phase 2 Explore-CKD and Explore-OSA trials evaluating efficacy in kidney disease and sleep apnea comorbidities, and the ongoing Transform-HTN open-label extension trial gathering long-term safety and efficacy data. Founded in 2020 and headquartered in Radnor, Pennsylvania, Mineralys Therapeutics holds an exclusive license from Mitsubishi Tanabe Pharma for lorundrostat intellectual property and operates primarily in the United States with plans for global expansion through potential partnerships. In September 2025, the company completed a public equity financing raising gross proceeds of approximately $287.5 million to strengthen its balance sheet to $593.6 million in cash, cash equivalents and investments sufficient into 2028; it plans New Drug Application submission for lorundrostat to the FDA in late 2025 or first-quarter 2026 following positive pre-NDA feedback, completed enrollment in the Phase 2 Explore-OSA trial with topline results expected in first-quarter 2026, and reported a Q3 2025 net loss of $36.9 million amid reduced R&D expenses post-pivotal trial completion.
Company News
Mineralys Therapeutics Presents New Data for Lorundrostat at the American Heart Association Hypertension Scientific Sessions 2026
Mineralys (NASDAQ: MLYS) CEO sells 75,000 shares under prearranged plan
Mineralys Therapeutics Announces Presentation of New Lorundrostat Data at the American Society of Nephrology (ASN) Kidney Week 2026
Mineralys Therapeutics Announces Presentation of Lorundrostat Data at American Heart Association Hypertension Scientific Sessions 2026
Mineralys Therapeutics Reports Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
Mineralys Therapeutics (NASDAQ:MLYS) Director Brian Taylor Slingsby Sells 104,320 Shares of Company Stock
Mineralys Therapeutics to Participate in the Stifel 2026 Virtual Cardiometabolic Forum
Mineralys Therapeutics' Transform-HTN Open-Label Extension Trial Data Selected for Late-Breaking Presentation at American Heart Association Scientific Sessions 2026
Mineralys Therapeutics (NASDAQ:MLYS) Insider Eric Warren Sells 7,438 Shares
Mineralys Therapeutics Reports Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
Insider Selling: Mineralys Therapeutics (NASDAQ:MLYS) Director Sells $85,740.00 in Stock
Mineralys Therapeutics Reports Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
Greenland Capital Management LP Sells 53,500 Shares of Mineralys Therapeutics, Inc. $MLYS
Mineralys: Why I'm Making Stock A Buy Ahead Of Hypertension Approval Decision
Canada Pension Plan Investment Board Buys New Holdings in Mineralys Therapeutics, Inc. $MLYS
BlackRock Inc. Buys New Position in Mineralys Therapeutics, Inc. $MLYS
Mineralys Therapeutics to Participate in the Wells Fargo 21st Annual Healthcare Conference
Mineralys Therapeutics Reports Inducement Award Under Nasdaq Listing Rule 5635(c)(4)
Mineralys Therapeutics, Inc. (MLYS) Q2 2026 Earnings Call Transcript
Mineralys Therapeutics Q2 Earnings Call Highlights