Soleno Therapeutics, a clinical-stage biopharmaceutical company based in Redwood City, California, focuses on developing novel therapeutics for rare diseases, notably DCCR for Prader-Willi syndrome. DCCR, a once-daily oral tablet, recently completed Phase 3 trials and has received Fast-Track and orphan designations in the U.S. and EU.
Bhatnagar Anish sold 699,095 shares of SLNO on 27 March at $69.30 per share, worth a total of $48.4M. They now own 994,414 SLNO shares, or a 55% holding decrease.
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