8/12/2025, 6:50:19 AM | www.tipranks.com | news

    Denali Therapeutics Advances in Neurodegenerative Treatments

    Denali Therapeutics, a biopharmaceutical company based in South San Francisco, has released its Q2 2025 earnings, reporting a net loss of $124.1 million due to increased research and development expenses. The company has received FDA priority review for tividenofusp alfa in treating Hunter syndrome with a target action date of early 2026 and is pursuing an accelerated approval path for its DNL126 program targeting Sanfilippo syndrome Type A. Denali is also advancing collaborations with Takeda and Biogen for treatments in frontotemporal dementia and Parkinson’s disease, respectively. The company maintains $977.4 million in cash and marketable securities as of June 30, 2025, and plans to submit regulatory applications for additional Transport Vehicle-enabled therapies in 2025.

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