Zenas BioPharma reports positive Phase 2 MS trial results, secures $300mln funding.

Wednesday, Nov 12, 2025 7:08 am ET1min read

• Zenas BioPharma reports positive 12-week primary endpoint results from Phase 2 MoonStone trial of obexelimab in Relapsing MS. • Topline results for INDIGO trial of obexelimab in IgG4-RD expected around year-end 2025. • Secured development and commercialization rights for three autoimmune product candidates, including orelabrutinib. • Entered into obexelimab funding agreement with Royalty Pharma for up to $300M to support clinical development and potential commercial launch.

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