H.C. Wainwright downgraded Rallybio (RLYB) to Neutral from Buy without a price target after the company announced the discontinuation of its RLYB212 program, which was undergoing development for the prevention of fetal and neonatal alloimmune thrombocytopena. The firm is surprised by the negative pharmacokinetic data and consider this a “major setback.”
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Read More on RLYB:
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