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Larimar Therapeutics Shares Tumbled 54.6% in Premarket Trading

Tiger Newspress2022-02-15

Larimar Therapeutics shares tumbled 54.6% in premarket trading.Larimar Therapeutics, Inc. (“Larimar”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, announced that it has received feedback from the U.S. Food and Drug Administration (FDA) regarding the clinical hold on Larimar’s CTI-1601 program. FDA stated it is maintaining its clinical hold at this time and that additional data is needed to resolve the clinical hold. Larimar is further analyzing previously completed studies, and is evaluating if additional studies are warranted. The Company also intends to engage FDA to determine how best to provide these data. Larimar is currently reassessing guidance on the timing of the planned Jive open-label extension and pediatric multiple-ascending dose clinical trials as it works to meet the agency’s request.

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Comment13

  • tig2021
    ·2022-02-15
    Ok
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  • ppyys
    ·2022-02-15
    Comment and like
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    • ppyys
      comment
      2022-02-15
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  • hoarang88
    ·2022-02-15
    👍
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  • wendytan
    ·2022-02-15
    L
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  • Sfun
    ·2022-02-15
    oh ya
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    • Yao84
      Yeah
      2022-02-15
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  • Tsukey2004
    ·2022-02-15
    is quite a pity when market sentiments of pharmaceutical shares fluctuate greatly due to FDA responses. But I hope those with potential can surviveand continue to hold for long-term.
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    • tig2021
      ok
      2022-02-15
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    • Sfun
      haha
      2022-02-15
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  • neoh
    ·2022-02-15
    Like
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    • neoh
      thanks
      2022-02-15
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    • Aun9
      K
      2022-02-15
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  • HENRYCSC
    ·2022-02-15
    [Cry] 
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  • EncikIjak
    ·2022-02-15
    👍👍
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  • Kenang
    ·2022-02-15
    Pls like
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    • Kenang
      Ok
      2022-02-15
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    • bptan1973
      like done,pls like me too
      2022-02-15
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  • benjaminlsk
    ·2022-02-15
    Oof
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  • Vincent1968
    ·2022-02-15
    Like
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  • LEEQF
    ·2022-02-15
    come like this comment pls!!! Tq!!
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    • Kenang
      Ok
      2022-02-15
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    • Simplewind
      ok
      2022-02-15
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