Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$Lyra Therapeutics (LYRA.US)$ NEWS Lyra Therapeutics Reports...

NEWS
Lyra Therapeutics Reports Topline Results from Phase 3 ENLIGHTEN 1 Trial for LYR-210 in Chronic Rhinosinusitis

Lyra Therapeutics announced the topline results from its Phase 3 ENLIGHTEN 1 trial for the treatment of chronic rhinosinusitis (CRS) with LYR-210. Unfortunately, the trial did not meet its primary endpoint, showing no significant improvement compared to the sham control in the composite score of CRS symptoms. The company plans to evaluate the full dataset to determine the next steps.
The Phase 3 ENLIGHTEN 1 trial for LYR-210 in CRS did not meet its primary endpoint of demonstrating statistically significant improvement compared to the sham control in the composite score of CRS symptoms. This is a negative outcome for the company and its investors.
The trial results showed that treatment with LYR-210 did not achieve statistically significant improvement in ethmoid sinus opacification compared to the sham control, indicating a potential limitation of the treatment in addressing all aspects of CRS. This could impact the market potential of LYR-210.
The company's plan to make near-term changes to its business operations and reduce its workforce in order to preserve cash may raise concerns among investors about the company's financial stability and future prospects. This negative development could affect investor
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
Translate
Report
5977 Views
Comment
Sign in to post a comment
    Spread kindness and love. Life is short. Don’t let greed eat you.
    846Followers
    62Following
    5655Visitors
    Follow