• Mineralys Therapeutics has priced its public offering at $13.50 per share, raising approximately $175 million to fund the clinical development of lorundrostat, its aldosterone synthase inhibitor.
• The biopharmaceutical company is targeting multiple conditions driven by dysregulated aldosterone, including hypertension, chronic kidney disease (CKD), and obstructive sleep apnea (OSA).
• The offering, expected to close around March 13, 2025, includes an option for underwriters to purchase an additional 1.94 million shares within 30 days.