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.
Matthew Pauls sold 5,937 shares of SLNO on 28 March at $71.55 per share, worth a total of $425K. They now own 6,500 SLNO shares, or a 48% holding decrease.
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