Trade Denali Therapeutics - DNLI CFD

Denali Therapeutics Company profile

About Denali Therapeutics Inc

Denali Therapeutics Inc. is a biopharmaceutical company. The Company is focused on the discovery and development of therapies for patients with neurodegenerative diseases, including Alzheimer's disease, Parkinson's disease, amyotrophic lateral sclerosis (ALS) and others. The Company clinical programs include leucine-rich repeat kinase 2 (LRRK2) inhibitor program, eukaryotic initiation factor 2 B (EIF2B) activator program, enzyme transport vehicle: iduronate 2-sulfatase (ETV:IDS) program, receptor interacting serine/threonine protein kinase 1 (RIPK1) inhibitor program and second non-CNS penetrant RIPK1 inhibitor. The Company engineers its product candidates to cross the blood-brain barrier (BBB), and act directly in the brain. Its pipeline includes approximately 15 programs that are based on its TV technology, including the lead program ETV:IDS (DNL310). Its product pipeline includes DNL151, DNL593 (PTV:PGRN), DNL126 (ETV:SGSH), DNL788, DNL343, DNL758,

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Denali Therapeutics Inc revenues decreased 86% to $48.7M. Net loss totaled $290.6M vs. income of $71.1M. Revenues reflect Other collaboration revenue decrease of 96% to $4K. Net loss reflects Research & Development Expense - Balanci increase of 17% to $215.3M (expense), Stock-based Compensation in R&D increase of 73% to $50M (expense).