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Equillium starts Phase 1 trial for EQ504, expects data in Q2 2027, cash runway into 2029

Company Fundamentals
12 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Equillium starts Phase 1 trial for EQ504, expects data in Q2 2027, cash runway into 2029

Equillium has initiated a Phase 1 clinical trial for its novel drug EQ504, targeting autoimmune and inflammatory diseases, with proof-of-mechanism data expected in Q2 2027. The trial, conducted in Australia, will assess safety and biological activity in healthy participants. The company secured $20 million in financing, boosting its cash to $72 million pro forma, supporting operations through 2029. Pending positive results, Equillium plans a proof-of-concept study in ulcerative colitis patients in late 2027.

Equillium's recent corporate and clinical updates provide context for health sector investors. For readers following the health sector, here is Pluang's market snapshot as of Nov 13, 2026 04:11 WIB: out of 150 priced US health stocks, 23 rose and 124 fell today. Notable movers include BNGO at USD 1.00 with a 1-day change of -9.09%, FLNA at USD 0.44 down 8.71%, and RLAY at USD 18.16 down 7.91%.

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