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Benzinga
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Larimar Therapeutics Stock Falls After Patients Report Allergic Reaction In Pivotal Study

1. LRMR stock fell by 23.75% amid study data release. 2. Ongoing study shows safety concerns with nomlabofusp injections. 3. Seven patients experienced severe reactions, influencing dose modification. 4. Improvements observed in clinical outcomes compared to control metrics. 5. Accelerated approval plan for nomlabofusp remains on schedule for 2026.

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FAQ

Why Bearish?

The significant stock decline is a direct reaction to safety issues raised during the study, similar to historical declines seen in biotech stocks post-adverse event reports.

How important is it?

Despite positive clinical data, the anaphylaxis incidents can heavily sway public perception and investor confidence, leading to significant impacts on stock price.

Why Short Term?

Immediate safety concerns may overshadow long-term potential until investors see sustained positive results and regulatory feedback.

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