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AMLX
NASDAQ Life Sciences

Amylyx Completes Enrollment for Key Phase 3 LUCIDITY Trial and Phase 1 LUMINA Cohort 2

Analysis by Wiseek AI
Sentiment info
Positive
Importance info
7
Price
$14.3
Mkt Cap
$1.496B
52W Low
$3.11
52W High
$17.49
Market data snapshot near publication time

Summary

Amylyx Pharmaceuticals announced the completion of enrollment for its Phase 3 LUCIDITY trial for avexitide and Phase 1 LUMINA trial Cohort 2, advancing its late-stage and early-stage clinical programs.


Key Events

  • Phase 3 LUCIDITY Trial Enrollment Complete

    Enrollment for the pivotal Phase 3 LUCIDITY trial of avexitide for post-bariatric hypoglycemia (PBH) has been completed, with topline data now expected in Q3 2026 and a potential commercial launch in 2027 if approved.

  • Phase 1 LUMINA Trial Cohort 2 Enrollment Complete

    Enrollment for Cohort 2 of the Phase 1 LUMINA trial for AMX0114 in ALS has been completed. Early data from Cohort 1 showed AMX0114 was generally well-tolerated with no treatment-related serious adverse events.

  • Updated Pipeline Progress

    The corporate presentation also highlighted positive Phase 2 HELIOS data for AMX0035 in Wolfram syndrome and the nomination of AMX0318 as a preclinical development candidate for PBH and other rare diseases.

  • Extended Cash Runway

    The company reported a cash runway expected into 2028, with $317 million in cash, cash equivalents, and short-term investments as of December 31, 2025.


Analysis

Amylyx Pharmaceuticals announced significant progress across its clinical pipeline, notably completing enrollment for its pivotal Phase 3 LUCIDITY trial for avexitide in post-bariatric hypoglycemia (PBH). This milestone de-risks the program and sets the stage for topline data in Q3 2026, with a potential commercial launch in 2027. Additionally, the company completed enrollment for Cohort 2 of its Phase 1 LUMINA trial for AMX0114 in ALS, further advancing its neurodegenerative disease pipeline. These updates, coupled with a strong cash runway into 2028, indicate solid operational execution and progress towards key clinical readouts.

At the time of this filing, AMLX was trading at $14.30 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $3.11 to $17.49. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.

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AMLX
May 07, 2026, 7:04 AM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $16.51
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Change: -$1.97 (-12%) info
Market Cap: $1.622B info
AMLX
May 07, 2026, 7:02 AM EDT
Filing Type: 8-K
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Price at Filing: $16.51
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Apr 23, 2026, 7:01 AM EDT
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AMLX
Mar 24, 2026, 7:11 AM EDT
Filing Type: 8-K
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Price at Filing: $14.30
Real-time Price: $14.54 info
Change: +$0.240 (+2%) info
Market Cap: $1.622B info
AMLX
Mar 03, 2026, 7:10 AM EST
Filing Type: 10-K
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Price at Filing: $15.00
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Market Cap: $1.622B info
AMLX
Mar 03, 2026, 7:08 AM EST
Source: Reuters
Importance Score:
8
Price at Filing: $15.00
Real-time Price: $14.54 info
Change: -$0.460 (-3%) info
Market Cap: $1.622B info
AMLX
Mar 03, 2026, 7:02 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $15.00
Real-time Price: $14.54 info
Change: -$0.460 (-3%) info
Market Cap: $1.622B info
AMLX
Jan 08, 2026, 7:03 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $12.35
Real-time Price: $14.54 info
Change: +$2.19 (+18%) info
Market Cap: $1.622B info