financetom
Business
financetom
/
Business
/
Oruka Therapeutics Secures FDA Clearance for Phase 2a Trial of ORKA-001 in Psoriasis
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oruka Therapeutics Secures FDA Clearance for Phase 2a Trial of ORKA-001 in Psoriasis
Jul 21, 2025 4:58 AM

07:32 AM EDT, 07/21/2025 (MT Newswires) -- Oruka Therapeutics ( ORKA ) said Monday the US Food and Drug Administration has cleared its investigational new drug application to start the phase 2a trial of ORKA-001 intended for moderate to severe psoriasis.

The company said it aims to enroll about 80 patients under the trial, with a primary endpoint of PASI 100 or completely clear skin.

Oruka Therapeutics ( ORKA ) said it expects to release efficacy and response duration data from the phase 2a trial in H2 2026.

Shares of Oruka Therapeutics ( ORKA ) were up more than 7% in recent premarket activity Monday.

Price: 15.60, Change: +1.06, Percent Change: +7.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kenorland Minerals Selling the South Thompson Project in Manitoba to Evolution Nickel
Kenorland Minerals Selling the South Thompson Project in Manitoba to Evolution Nickel
Jul 30, 2024
11:04 AM EDT, 07/30/2024 (MT Newswires) -- Kenorland Minerals ( KLDCF ) said Tuesday it entered into a definitive agreement to sell the South Thompson nickel project in Manitoba to Evolution Nickel. Under the terms, Evolution will issue Kenorland 26-million shares, give it a seat on its board and grant Kenorland a 2% net smelter royalty. Closing is conditional on...
Spirit turns to premium seating in shift from low-cost model
Spirit turns to premium seating in shift from low-cost model
Jul 30, 2024
(Reuters) - Spirit Airlines ( SAVE ) unveiled plans on Tuesday to tap into a growing demand for premium travel as the budget carrier chases high-margin revenue to mitigate cost pressures and increase its earnings, sending its shares up 7%. The airline joins budget carrier Southwest, which announced its move to premium seating last week, in looking towards the booming...
PayPal Posts Bigger-Than-Expected Second-Quarter Gains, Raises Full-Year Earnings Guidance
PayPal Posts Bigger-Than-Expected Second-Quarter Gains, Raises Full-Year Earnings Guidance
Jul 30, 2024
11:01 AM EDT, 07/30/2024 (MT Newswires) -- Shares of PayPal ( PYPL ) climbed intraday Tuesday after the digital payments company reported stronger-than-expected increases in second-quarter results and sweetened its 2024 earnings guidance. Revenue rose to $7.89 billion for the three months ended June 30 from $7.29 billion the year earlier and topped the $7.82 billion average analyst estimate on...
Nvidia Launches Generative AI Models and NIM Microservices for OpenUSD
Nvidia Launches Generative AI Models and NIM Microservices for OpenUSD
Jul 30, 2024
10:30 AM EDT, 07/30/2024 (MT Newswires) -- Nvidia ( NVDA ) on Monday announced the launch of generative AI models and NIM microservices to enhance the Universal Scene Description, or OpenUSD framework to expand its use in robotics, industrial design, and engineering. This development aims to streamline USD-based workflows and advancing the development of industrial digital twins and robotics, Nvidia...
Copyright 2023-2026 - www.financetom.com All Rights Reserved