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Companies / Healthcare / Vera Therapeutics, Inc.
VERA

Vera Therapeutics, Inc.

HealthcarePharmaceutical Preparations
Ticker VERABRISBANE, CAFiscal year ends DecemberBook value per share $5.69Diluted shares 71.7M

Viela Bio, Inc. (NASDAQ: VIE) is a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases. The company's lead product candidate, atacicept, is a native human TACI-Fc fusion protein that binds both B-cell activating… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-299.62M
−96.9% year over year
Last 12 mo $-401.89M
-49.56%
−23.2 percentage points
Last 12 mo -98.56%
Cash & financing
$-241.10M
−79.0% year over year
Last 12 mo $-338.65M
$-241.73M
−78.2% year over year
Last 12 mo $-338.91M
0.12
Was 0.09× a year earlier
Last 12 mo 0.18
64.2M
+16.1% year over year
Last 12 mo 71.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Vera Therapeutics, Inc. does

In the company’s own words

Viela Bio, Inc. (NASDAQ: VIE) is a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases. The company's lead product candidate, atacicept, is a native human TACI-Fc fusion protein that binds both B-cell activating factor (BAFF) and A proliferation-inducing ligand (APRIL) cytokines and is self-administered subcutaneously at home. Atacicept is currently being evaluated for the treatment of immunoglobulin A nephropathy (IgAN) and other autoimmune kidney diseases. The company submitted a Biologics License Application for atacicept in IgAN to the FDA in November 2025, which received priority review with a PDUFA target action date of July 7, 2026.

Beyond its lead indication, Viela Bio holds worldwide exclusive development and commercial rights to MAU868, a potentially first-in-class monoclonal antibody to treat reactivated BK virus infections in kidney transplant recipients, for which the company completed a Phase 2 clinical trial in 2022. In January 2025, the company acquired worldwide exclusive development and commercial rights to VT-109, a novel next-generation dual BAFF/APRIL inhibitor in preclinical development with potential applications across multiple B-cell-mediated diseases.

The company's strategy centers on developing disease-modifying medicines that target the source of immunological disease while minimizing side effects compared to current standard-of-care treatments like systemic steroids. Viela Bio's research and development and commercial teams are led by experienced drug development executives with proven track records in clinical and commercial development who have been involved in the approvals of more than 15 medicines from leading companies including Gilead Sciences and Amgen.

The company estimates the global market opportunity for novel disease-modifying therapeutics in IgAN alone at approximately six to ten billion dollars annually. Viela Bio operates with a gated-capital raise approach, scaling product candidate investment in close step with key development milestones. The company's website is www.vielabio.com.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
BRISBANE, CA
Fiscal year end
December
CIK
1831828
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-438.82M$-328.04M$-217.25M$-106.47M$4.32M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Vera Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

205
funds hold it
0 of 35
superinvestors hold it
$793.40M
held by funds, at market
27.1%
of shares held by funds

Largest fund holders · Vera Therapeutics, Inc.’s weight in each

1.06%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
T. Rowe Price New Horizons Fund, Inc.
PRNHX · T. ROWE PRICE NEW HORIZONS FUND, INC.
0.30%of fund net assets
T. Rowe Price Health Sciences Fund, Inc.
PRHSX · T. ROWE PRICE HEALTH SCIENCES FUND, INC.
0.28%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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