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Tyra Biosciences shares dropped 21.60% on Wednesday after disappointing trial results for its drug.

TrialRead the original at benzinga.com
Neutral

The trial showed clinical proof of concept and a 60 mg dose, but the 57% complete response fell short of earlier 70%-80% expectations, so positives and negatives balance.

TYRA · Tyra Biosciences Inc.

AI read · Neutral

The AI's read

Tyra reported Phase 2 proof of concept and identified a 60 mg dose for registrational studies. A 57% complete response at 60 mg fell short of prior 70%-80% expectations, so positives and negatives balance.

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