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Matinas BioPharma Holdings, Inc (AMEX:MTNB) Q1 2024 Earnings Call Transcript

Matinas BioPharma Holdings, Inc (AMEX:MTNB) Q1 2024 Earnings Call Transcript
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Matinas BioPharma Holdings, Inc (AMEX:MTNB) Q4 2023 Earnings Call Transcript

BioNTech and Matinas collaborate on mRNA vaccines

BioNTech and Matinas collaborate on mRNA vaccines
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Why Matinas BioPharma Stock Crashed Today

Author Bio Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries. Follow @keithspeights What happened Shares of Matinas BioPharma Holdings (NYSEMKT:MTNB) were crashing 32.7% lower as of 3:01 p.m. EST on Monday. The steep decline came after the company announced disappointing results from a phase 2 clinical study of Lypdiso in reducing triglycerides. So what Matinas had good news and bad news. The good news was that Lypdiso beat Amarin s (NASDAQ:AMRN) Vascepa in increasing eicosapentaenoic acid (EPA) levels in study participants blood. It wasn t even close, with Lypdiso demonstrating a 46% increase in EPA from baseline compared to Vascepa.

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