Denali Therapeutics Inc. (DNLI) Research

Denali Therapeutics Inc. is a biopharmaceutical firm, founded in 2013 and based in South San Francisco, California, which focuses on identifying and advancing treatments for neurodegenerative conditions within the United States. The company, initially known as SPR Pharma Inc. until its renaming in March 2015, possesses a robust development pipeline. This includes BIIB122/DNL151, a small molecule inhibitor targeting leucine-rich repeat kinase 2 (LRRK2), currently in Phase 1 and Phase 1b clinical trials for Parkinson's disease. Another candidate, DNL310, is progressing through Phase 1/2 clinical studies for Hunter syndrome. For amyotrophic lateral sclerosis (ALS), DNL343 is in Phase 1 trials, while AR443820/DNL788 has successfully concluded its Phase 1 clinical trial for ALS, multiple sclerosis (MS), and Alzheimer's disease. Furthermore, SAR443122/DNL758 is undergoing Phase 2 clinical trials for cutaneous lupus erythematosus. Denali Therapeutics is engaged in extensive collaborative efforts with a range of partners, including Takeda Pharmaceutical Company, Genentech, Inc., Sanofi, F-star Gamma Limited, F-star Biotechnologische Forschungs-Und Entwicklungsges M.B.H, F-star Biotechnology Limited, SIRION Biotech GmbH, Genzyme Corporation, Harvard University, the Michael J. Fox Foundation, and Centogene. It also maintains a research and option agreement with Secarna Pharmaceuticals GmbH & Co. KG to co-develop antisense therapies specifically for neurodegenerative diseases.

Market snapshot

Symbol
DNLI
Price
$23.31
Day change
-0.77%
Market cap
$3.7B
P/E ratio
-8.56x
52-week range
12.58-24.6461
Sector
Healthcare
Industry
Biotechnology
Next earnings
in 2 months
Analyst price target
$30.80

Recent news

  • Takeda Exits Dementia Drug Partnership With Denali Therapeutics - Here's Why

    Takeda on Friday notified Denali Therapeutics regarding the termination of their collaboration agreement to co-develop DNL593, a progranulin replacement therapy for frontotemporal dementia.

  • Denali Jumps, Pulling Regenxbio Higher, On Early FDA Approval

    Denali Therapeutics won FDA approval Wednesday for the first new drug in 20 years to treat a rare genetic disease.

Peer companies

  • Agios Pharmaceuticals, Inc. (AGIO)
  • Beam Therapeutics Inc. (BEAM)
  • Cogent Biosciences, Inc. (COGT)
  • 89bio, Inc. (ETNB)
  • Galapagos N.V. (GLPG)
  • ImmunityBio, Inc. (IBRX)
  • Liquidia Corporation (LQDA)
  • Arcus Biosciences, Inc. (RCUS)

Recent insider activity

  • FLATLEY JAY T — A-Award (6408 shares) on 2026-06-03
  • FLATLEY JAY T — A-Award (19226 shares) on 2026-06-03
  • Klein Peter S — A-Award (6408 shares) on 2026-06-03
  • Klein Peter S — A-Award (19226 shares) on 2026-06-03
  • Krognes Steve E. — A-Award (6408 shares) on 2026-06-03

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