Mineralys Therapeutics Inc
MLYS
NASDAQ
Biotechnology
$25.64
USD
-0.45 (-1.72%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $2.31B
Volume 697.7K
About Mineralys Therapeutics Inc
Mineralys Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which focuses on developing medicines to target diseases driven by abnormally elevated aldosterone. The company is headquartered in Radnor, Pennsylvania and currently employs 76 full-time employees. The company went IPO on 2023-02-10. The firm is focused on developing medicines to target hypertension, chronic kidney disease (CKD), obstructive sleep apnea (OSA) and other diseases driven by dysregulated aldosterone. Its product candidate, lorundrostat, is a proprietary, orally administered, highly selective aldosterone synthase inhibitor (ASI) that the Company is developing for the treatment of cardiorenal conditions affected by dysregulated aldosterone, including hypertension, CKD and OSA. Lorundrostat is designed to reduce aldosterone levels by inhibiting CYP11B2, the enzyme responsible for producing the hormone. The company has completed the Target-HTN trial, a Phase II proof-of-concept trial for lorundrostat in the treatment of uncontrolled hypertension (uHTN) and resistant hypertension (rHTN). The company is also investigating the benefits of lorundrostat in subjects with hypertension and CKD and in subjects with hypertension and OSA.
CEO
Mr. Jon Congleton
HQ
Radnor, PENNSYLVANIA, US
Founded
2023
Employees
76
Key Metrics
2 metrics our research team weighs before forming a view on MLYS.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
ROE (TTM)
-63.5%
-2.6 pp
Free Cash Flow (TTM)
$-138.80M
—
Financial Snapshot
Revenue
$0
— YoY
Gross Margin
—
— YoY
Net Income
$-349.58M
-83.2%
YoY
Operating Cash Flow
$-138.79M
+28.0%
YoY
Key Statistics
Open
$25.88
Previous Close
$26.09
Day Range
$25.42 - $25.89
52 Week Range
$13.40 - $47.65
Volume
697.7K
Average Volume (10 Days)
710.0K
Dividend Yield
—
Valuation Measurement
Market Cap
$2.31B
P/E Ratio (TTM)
—
Price / Book
4.19
Financial Highlights
Return on Assets
-52.3%
Return on Equity
-63.5%
Revenue (TTM)
$0
Net Income (TTM)
$-349.58M
Diluted EPS (TTM)
-$4.24
Total Cash (MRQ)
$138.27M
Levered FCF (TTM)
$-138.80M
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Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 09
Est. EPS
Adjusted consensus estimate
-$0.58