Soleno Therapeutics/$SLNO

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About Soleno Therapeutics

Soleno Therapeutics Inc is a biopharmaceutical company developing novel therapeutics for the treatment of rare diseases. Its product candidate DCCR (Diazoxide Choline) Extended-Release tablets, is a proprietary extended-release formulation of a crystalline salt of diazoxide. DCCR has demonstrated the ability to activate the KATP channel in the brain, pancreas, and fat tissue.

Ticker

$SLNO
Sector
Primary listing

Employees

133

SLNO Metrics

BasicAdvanced
$3.1B
-
-$3.97
-2.56
-

Bulls say / Bears say

Soleno posted strong net product revenue of $31 million to $33 million in Q2 2025 from VYKAT XR, highlighting rapid market uptake for the first approved therapy for Prader-Willi hyperphagia (GlobeNewswire)
As of June 30, 2025, Soleno held about $293.8 million in cash, cash equivalents, and marketable securities, providing substantial runway to advance VYKAT XR's commercialization and ongoing R&D (GlobeNewswire)
The completion of a $200 million underwritten public offering in July 2025 signals strong institutional support and improves financial flexibility for scaling up VYKAT XR commercialization (GlobeNewswire)
Safety concerns raised by short seller Scorpion Capital cited swift reports of children being hospitalized due to possible heart failure and fluid retention, causing a 15% plunge in pre-market share price and heightening the risk of withdrawal from the market or a drop in prescriptions (Reuters)
The annual price of VYKAT XR, ranging from $466,200 to $500,000, could limit reimbursement by payers and hinder patient access in healthcare systems sensitive to cost (Reuters)
The company's $200 million public offering in July 2025, though increasing cash reserves, may dilute current shareholders and points to a dependence on external funding amid high cash burn (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 4 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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