Jefferies Starts Oruka Therapeutics (ORKA) at Buy
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September 16, 2024 5:31 AM EDT
TD Cowen analyst Tyler Van Buren initiates coverage on Oruka Therapeutics (NASDAQ: ORKA) with a Buy rating.
The analyst comments "Oruka is backed by sophisticated mAb engineering and both ORKA-001 and ORKA-002 have a high PoS by targeting the same... More
September 12, 2024 7:05 AM EDT
Oruka Therapeutics, Inc. (Oruka or the Company) (Nasdaq: ORKA), a biotechnology company developing novel biologics designed to set a new standard for the treatment of chronic skin diseases, including plaque psoriasis, today announced that it has entered into a securities purchase agreement for a private investment in public equity (PIPE) financing that is expected to result in gross proceeds of approximately $200 million to the Company, before placement agent fees and offering expenses. The PIPE financing included participation from both new and existing investors, including a large investment manager, Braidwell LP, Venrock Healthcare Capital Partners, Fairmount, Access Biotechnology, Blackstone... More
September 12, 2024 7:01 AM EDT
Oruka Therapeutics, Inc. (Oruka) (Nasdaq: ORKA), a biotechnology company developing novel biologics designed to set a new standard for the treatment of chronic skin diseases including plaque psoriasis (PsO), today announced updated pipeline progress and timelines, as well as an upcoming scientific presentation at the European Academy of Dermatology and Venereology Congress (EADV).
First-in-human dosing of ORKA-001 in healthy volunteers is now expected to start during the first quarter of 2025. ORKA-001 is a novel, subcutaneously (SQ) administered, half-life extended mAb targeting IL-23p19. Inhibitors...
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