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AVALYN PHARMA (AVLN)
Key Performance
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Latest Research & News
Avalyn Pharma announced completion of target enrollment of 375 patients in the Phase 2b MIST clinical trial of AP01 (inhaled pirfenidone) for progressive pulmonary fibrosis. The global, randomized, double-blinded, placebo-controlled trial is evaluating two doses of AP01 against placebo, with primary endpoint measuring change in lung function at 52 weeks. Topline data is expected in the second half of 2027.
06/17/2026, 8:00 AM • GlobeNewswire
Avalyn Reports First Quarter 2026 Financial Results and Recent Business Highlights
Avalyn Pharma, a clinical-stage biopharmaceutical company, announced Q1 2026 financial results and pipeline updates following its May 2026 IPO that raised $345 million in gross proceeds. The company is on track to complete enrollment of its MIST Phase 2b trial of AP01 (inhaled pirfenidone) for progressive pulmonary fibrosis by mid-2026, with topline data expected in H2 2027. Long-term open-label extension data presented at EULAR showed favorable tolerability over four years. AP02 (inhaled nintedanib) enrollment is underway in the AURA Phase 2 trial with results anticipated by end of 2027. The company projects its cash position of $123.1 million plus $316.1 million in IPO proceeds will fund operations into 2029.
06/03/2026, 7:00 AM • GlobeNewswire
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MoreInformation as of 10/21/2026
Company Profile
Avalyn Pharma Inc. operates as a clinical-stage biopharmaceutical company developing inhaled medicines to treat rare respiratory diseases, including pulmonary fibrosis and other interstitial lung diseases. The company provides inhaled formulations of oral medicines directly to the lungs. Its current pipeline is focused on treating pulmonary fibrosis. Its products include AP01 and AP02, inhaled formulations of pirfenidone and nintedanib for the treatment of progressive pulmonary fibrosis and idiopathic pulmonary fibrosis; and AP03, a fixed-dose combination of inhaled pirfenidone and nintedanib to deliver dual antifibrotic mechanisms. Avalyn Pharma Inc. was formerly known as Genoa Pharmaceuticals, Inc. and changed its name to Avalyn Pharma Inc. in July 2017. The company was incorporated in 2011 and is based in Boston, Massachusetts.
Key Executives
- Lyn Baranowski
- Howard Lazarus
- Douglas R. Carlson
- Melissa Rhodes DABT
- Michelle Patterson
Current Ownership Distribution
- Institutions48.2M (81.54%)
- Mutual Funds10.9M (18.46%)
- Insiders0 (0.00%)
- Other0 (0.00%)