Tvardi Therapeutics' Lung Disease Candidate Fails To Show Any Clinical Benefit, Stock Sinks
The significant drop in stock price indicates market disappointment. Prior clinical failures led to similar stock downturns.
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The significant drop in stock price indicates market disappointment. Prior clinical failures led to similar stock downturns.
What happened, with direct paths to the underlying reporting
Tvardi's stock fell 84.18% to $6.58 after trial update. Phase 2 REVERT trial did not meet efficacy goals. Discontinuation rates higher for TTI-101 in IPF patients. FVC improvement similar between placebo and treatment arms. Company has $41 million to fund operations through 2026.
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