Bvf Partners L. P/il bought $1.6M of ELDN

bought $1.61m of ELDN

440,489 shares @ $3.65

Increased holdings by +110.70%

74th largest trade (out of 336)

Large TradeCluster BuyPositive 90D History

Trade made by a 10% owner

Part of a cluster of 28 transactions by 10 insiders

Unscheduled trade

67% win rate · +8.0% median edge vs SPY (149 trades, 90-day)

Price 51% above 200-day moving average

Micro Cap stock — higher insider information edge

ELDNEledon Pharmaceuticals, Inc.

HealthcareBiotechnology

1D0.00%

1W+4.50%

1M+15.84%

3M+27.83%

6M—

1Y—

Recent insider activity at ELDN