Kristian Reich Sells Shares of MoonLake Immunotherapeutics $MLTX
Key Points
- Kristian Reich sold 50,000 shares of MoonLake Immunotherapeutics ($MLTX) worth $971,500.
- $MLTX last traded around $19.19.
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Kristian Reich, Chief Scientific Officer at MoonLake Immunotherapeutics ($MLTX), sold 50,000 shares at an average price of $19.43, for a total transaction of $971,500. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
MoonLake Immunotherapeutics Stock Up 28.0%
Shares of MoonLake Immunotherapeutics ($MLTX) traded around $19.19 on Thursday, up 28.0% for the day.
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About MoonLake Immunotherapeutics
MoonLake Immunotherapeutics, a clinical-stage biotechnology company, focuses on developing therapies for inflammatory skin and joint diseases. It develops Sonelokimab, a novel tri-specific IL-17A and IL-17F inhibiting Nanobody for the treatment of inflammatory diseases in dermatology and rheumatology, as well as for hidradenitis suppurativa, psoriatic arthritis, axial spondyloarthritis, palmoplantar pustulosis, and psoriasis. The company was founded in 2021 and is headquartered in Zug, Switzerland.
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