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Synlogic pulls plug after peek at phenylketonuria phase III data - Vimarsana News

Synlogic pulls plug after peek at phenylketonuria phase III data

Synlogic Inc. jolted Wall Street with news that the firm is scrapping for futility Synpheny-3, its pivotal study with labafenogene marselecobac (SYNB-1934) for phenylketonuria, and will evaluate strategic options. Shares of the Cambridge, Mass.-based firm (NASDAQ:SYBX) fell 48.7%, or $1.68, to end Feb. 9 at $1.77. Synlogic will cease operations and reduce its workforce by more than 90%, retaining only certain employees to help with the wind-down.

Synlogic Announces Decision to Discontinue Synpheny-3 Study and Provides Corporate Update - Vimarsana News

Synlogic Announces Decision to Discontinue Synpheny-3 Study and Provides Corporate Update

08.02.2024 - Decision to end trial follows internal review of initial data indicating study unlikely to meet primary endpoint Data review found treatment to be safe and well-tolerated Board of Directors plans to perform assessment of strategic options ... Seite 1

Synlogic (NASDAQ:SYBX) Stock Price Crosses Below Fifty Day Moving Average of $3.23 - Vimarsana News

Synlogic (NASDAQ:SYBX) Stock Price Crosses Below Fifty Day Moving Average of $3.23

Synlogic, Inc. (NASDAQ:SYBX – Get Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.23 and traded as low as $3.21. Synlogic shares last traded at $3.60, with a volume of 34,642 shares traded. Wall Street Analyst Weigh In Separately, Alliance […]

Source: wkrb13.com
Human Microbiome Therapeutics Market size to grow by USD 732.95 million from 2022 to 2027, North America to account for 41% of market growth - Vimarsana News

Human Microbiome Therapeutics Market size to grow by USD 732.95 million from 2022 to 2027, North America to account for 41% of market growth

/PRNewswire/ -- The human microbiome therapeutics market is expected to grow by USD 732.95 million from 2022 to 2027. In addition, the momentum of the market...

Synlogic Provides Corporate Update and Outlook for 2024 - Vimarsana News

Synlogic Provides Corporate Update and Outlook for 2024

Data review from pivotal Synpheny-3 study in PKU expected in H1 2024, with potential to expand study population to patients aged 12-17 years of age -…

Source: biztoc.com