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Allakos Inc.(ALLK)

NASDAQ Global Select
Sector: Healthcare | Industry: Biotechnology
Allakos Inc. logo

Allakos Inc., a clinical stage biopharmaceutical company, develops therapeutics that target immunomodulatory receptors present on immune effector cells in allergy, inflammatory, and proliferative diseases. The company's lead monoclonal antibody is lirentelimab (AK002), which is in a Phase III study for the treatment of eosinophilic gastritis and/or eosinophilic duodenitis; a Phase II/III study for eosinophilic esophagitis; and a Phase II clinical study to atopic dermatitis and chronic spontaneous urticaria. It is also developing lirentelimab (AK002) for the treatment of mast cell gastrointestinal disease, chronic urticaria, severe allergic conjunctivitis, and indolent systemic mastocytosis; and AK006 to treat allergic and inflammatory diseases. The company was incorporated in 2012 and is headquartered in Redwood City, California.

Latest News & Analysis

Allakos (ALLK) stock analysis: Restructuring, strategic alternatives, and the future of lirentelimab.
Feb 21, 2025

Allakos Faces Restructuring and Strategic Review After Trial Failure

Allakos (ALLK) faces restructuring amid AK006 trial failure and shareholder probes. Lirentelimab's future is critical for the biopharma firm's strategic options.

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Allakos restructures after AK006 trial failure, exploring strategic alternatives. Workforce reduction, lirentelimab focus, and shareholder investigation impact ALLK stock near year low. Monexa AI analysis.
Feb 20, 2025

Allakos Faces Restructuring and Strategic Review After Failed AK006 Trial

Allakos Inc. faces restructuring and strategic review after a failed AK006 trial. Lirentelimab's future and a shareholder investigation add uncertainty.

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