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VERA — Vera Therapeutics News Story

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Vera Therapeutics gains after kidney disease drug meets goals in confirmatory trial

BUZZ-Vera Therapeutics gains after kidney disease drug meets goals in confirmatory trial

** Shares of Vera Therapeutics VERA.O rise 11.6% to $38 premarket

** Company says its drug Trutakna has met all goals in a late-stage confirmatory trial of 428 adults with immunoglobulin A nephropathy, which can lead to kidney failure

** Drug largely stabilized kidney function and cut the risk of disease progression by 76% vs placebo over two years - VERA

** No Trutakna patients experienced long-term dialysis, kidney transplantation or death through two years, compared to eight patients on placebo - VERA

** Safety was broadly similar to placebo, with no new concerns reported

** Company plans to seek full U.S. approval in Q4 2026 after the drug received accelerated approval in July

** As of last close, VERA down 32.8% YTD


(Reporting by Kunal Das in Bengaluru)

((Kunal.Das2@thomsonreuters.com;))

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