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Vera Therapeutics VERA · USD

Health Care · US listing · 🇺🇸 United States

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30.61

+2.75%

Close of 9 Nov 2026, in USD

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About Vera Therapeutics

From its filings with the US Securities and Exchange Commission

SEC filings

Vera Therapeutics is based in Brisbane, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker VERA. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported a net loss of $299.6m. At that date it held total assets of $734.7m and shareholders' equity of $604.5m.

In its own words

We are a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases. Our lead product candidate, atacicept, is currently being evaluated for the treatment of immunoglobulin A nephropathy (IgAN) and other autoimmune kidney diseases. Atacicept is a native human TACI-Fc fusion protein that binds both the B-cell activating factor (BAFF) and A proliferation-inducing ligand (APRIL) cytokines and is self-administered subcutaneously at home. We are conducting ORIGIN 3, the pivotal Phase 3 trial of atacicept 150 mg in IgAN. The trial met the primary efficacy endpoint of reduction in proteinuria as measured by 24-hour urine protein-to-creatinine ratio (UPCR) at week 36, where participants treated with atacicept achieved a 46% reduction from baseline in UPCR with a statistically significant and clinically meaningful 42% reduction in UPCR compared to placebo (p<0.0001). The incidence of adverse events was generally balanced between the atacicept and placebo groups, with fewer serious adverse events reported with atacicept (n=1 [0.5%]) than placebo (n=11 [5%]), no safety signals indicating immunosuppression, and no deaths in either treatment group. In November 2025, we submitted a Biologics License Application (BLA) for atacicept for the treatment of adults with IgAN to the U.S. Food and Drug Administration (FDA) through the Accelerated Approval Program.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
14 May 2021
Employees
249
Website
veratx.com ↗
Head office
2000 SIERRA POINT PARKWAY, SUITE 1200, BRISBANE, CA, 94005
Incorporated in
DE
Classification
Pharmaceutical Preparations
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Dr. Michael MorrisseyIndependent Chairman of the Board$471,589
  • Dr. Marshall FordycePresident, Chief Executive Officer, Founder, Director, since 2016$5.6m
  • Mr. Sean GrantChief Financial Officer$1.8m
  • Mr. David JohnsonChief Operating Officer
  • Dr. Robert BrennerChief Medical Officer$4.5m
  • Mr. Jason CarterChief Legal Officer$5.6m
  • Mr. William TurnerChief Development Officer
  • Dr. Andrew ChengIndependent Director$437,589
  • Mr. Patrick EnrightIndependent Director$438,589
  • Ms. Kimball HallIndependent Director$432,589
  • Dr. Maha KatabiIndependent Director$436,589
  • Mr. Scott MorrisonIndependent Director$446,589

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
52
Environment
53
Social
71
Governance
31
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Vera Therapeutics is a clinical stage biotechnical company.
  • Its product candidate atacicept blocks BLyS and APRIL.
  • Atacicept targets immunoglobulin A nephropathy (IgAN).

Weaknesses

  • The company employs only 49 full-time employees.
  • Its headquarters are located in Brisbane California.
  • The firm is still in the clinical development stage.

Opportunities

  • Atacicept treats a rare autoimmune disease leading to dialysis.
  • The firm is developing MAU868 for BK Virus neutralization.
  • MAU868 addresses devastating consequences in kidney transplants.

Threats

  • IgAN can lead to kidney transplant and early death.
  • BK Virus is a polyomavirus with severe health risks.
  • The company went public in 2021 via an IPO.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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