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Alumis (ALMS) Stock in Freefall as Lupus Drug Fails Its Biggest Test

CoinCentral·September 1, 2026·1 min read
Alumis (ALMS) Stock in Freefall as Lupus Drug Fails Its Biggest Test

Alumis stock fell roughly 56% after its Phase 2b LUMUS trial of envudeucitinib failed to meet primary and secondary endpoints in overall lupus patients. The study of 408 patients missed the primary endpoint at Week 48. A subgroup showed strong responses, but not enough for efficacy.

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