aTyr Pharma Faces Investor Lawsuit After Drug Trial Failure

Reuters11-25
aTyr Pharma Faces Investor Lawsuit After Drug Trial Failure

A class action lawsuit has been filed against aTyr Pharma Inc. on behalf of investors who suffered losses due to alleged securities fraud between November 7, 2024 and September 12, 2025. The complaint alleges that the company made overly positive statements and concealed adverse information about the efficacy of its drug Efzofitimod, particularly regarding its ability to allow patients to fully taper steroid use. The litigation follows an investor call on September 15, 2025, when aTyr announced that the EFZO-FIT study did not meet its primary endpoint, leading to the stock price plummeting from $6.03 to $1.02 per share in a single day. The case is being handled by Levi & Korsinsky, a law firm specializing in securities litigation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. aTyr Pharma Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1111865) on November 25, 2025, and is solely responsible for the information contained therein.
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