H.C. Wainwright downgraded aTyr Pharma (ATYR) to Neutral from Buy without a price target after the company’s Phase 3 EFZO-FIT study evaluating lead asset efzofitimod for the treatment of pulmonary sarcoidosis missed the primary endpoint. “Many open questions remain regarding a path forward,” the analyst tells investors in a research note. The firm cites the lack of regulatory visibility for the downgrade.
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Read More on ATYR:
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