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Denali Therapeutics
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151 Oyster Point Blvd - South San Francisco, CA 94080
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The company intends to use the net proceeds for the clinical development of DNL310 (tividenofusp alfa), a fusion protein composed of IDS fused to Denali’s proprietary Enzyme transport vehicle. It is being evaluated in the treatment of Mucopolysaccharidosis Type II.


Lead Product(s): Tividenofusp Alfa

Therapeutic Area: Genetic Disease Product Name: DNL310

Highest Development Status: Phase II/ Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Undisclosed

Deal Size: $500.0 million Upfront Cash: Undisclosed

Deal Type: Private Placement February 27, 2024

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SAR443820 (DNL788) is a selective, orally bioavailable, brain penetrant RIPk1 inhibitor. It is being evaluated for the treatment of amyotrophic lateral sclerosis.


Lead Product(s): DNL788

Therapeutic Area: Neurology Product Name: SAR443820

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sanofi

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 20, 2024

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DNL310 is an investigational fusion protein composed of IDS fused to Denali’s proprietary ETV, which is engineered to cross the blood-brain barrier via receptor-mediated transcytosis into the brain, investigated for MPS II (Hunter Syndrome).


Lead Product(s): DNL310

Therapeutic Area: Genetic Disease Product Name: DNL310

Highest Development Status: Phase II/ Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 20, 2023

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DNL343 is an eIF2B agonist, being investigated for the treatment of ALS. eIF2B is an intracellular protein complex that regulates protein synthesis and is required for neuronal health and function.


Lead Product(s): DNL343

Therapeutic Area: Neurology Product Name: DNL343

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 10, 2023

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DNL126 (Recombinant Iduronate 2 Sulfatase) is a recombinant SGSH enzyme engineered to cross the blood-brain barrier, replace the SGSH enzyme and treat neuropathic and systemic forms of the Sanfilippo syndrome A.


Lead Product(s): Recombinant Iduronate 2 Sulfatase

Therapeutic Area: Genetic Disease Product Name: DNL310

Highest Development Status: Phase II/ Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 22, 2023

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Denali and Sanofi entered partnership for the global development and commercialization of CNS-penetrant and peripherally restricted RIPK1 inhibitors. Sanofi has commenced dosing in a Phase 2 clinical trial of DNL788 (SAR443820) in individuals with multiple sclerosis.


Lead Product(s): SAR443820

Therapeutic Area: Neurology Product Name: DNL788

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sanofi

Deal Size: $1,125.0 million Upfront Cash: $125.0 million

Deal Type: Collaboration January 25, 2023

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Modulation of eIF2B activity with DNL343 is a novel and targeted investigational approach with first-in-class potential for the treatment of ALS. eIF2B is an intracellular protein complex that regulates protein synthesis and is required for neuronal health and function.


Lead Product(s): DNL343

Therapeutic Area: Neurology Product Name: DNL343

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable December 05, 2022

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TAK-594/DNL593 is an investigational, intravenously administered, brain-penetrant progranulin (PGRN) replacement therapy enabled by Denali’s Protein Transport Vehicle (PTV) technology.


Lead Product(s): TAK-594

Therapeutic Area: Neurology Product Name: DNL593

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Takeda Pharmaceutical

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 01, 2022

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Denali expects to use the net proceeds from the offering, for general corporate purposes and working capital, including the development of its drug product candidates including DNL310 (recombinant iduronate 2 sulfatase).


Lead Product(s): Recombinant Iduronate 2 Sulfatase

Therapeutic Area: Genetic Disease Product Name: DNL310

Highest Development Status: Phase II/ Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Goldman Sachs & Co. LLC

Deal Size: $316.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering October 24, 2022

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Company expects to use the net proceeds from the offering, for general corporate purposes and working capital, including the development of its drug product candidates including DNL310 (recombinant iduronate 2 sulfatase).


Lead Product(s): Recombinant Iduronate 2 Sulfatase

Therapeutic Area: Genetic Disease Product Name: DNL310

Highest Development Status: Phase II/ Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Goldman Sachs & Co.

Deal Size: $275.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering October 19, 2022

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