Monday looks likely to be a tough day for BioAge Labs (Nasdaq: BIOA), a US biopharma developing therapeutic product candidates for metabolic diseases by targeting the biology of human aging.
Shares in BioAge were 70% lower in pre-market trading after the Californian company announced the discontinuation of the ongoing STRIDES Phase II study.
The trial has been investigating BioAge’s drug candidate azelaprag as monotherapy and in combination with Eli Lilly’s (NYSE: LLY) Mounjaro/Zepbound (tirzepatide) after liver transaminitis without clinically significant symptoms was observed in some subjects receiving azelaprag.
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