BUZZ-Keros Therapeutics plunges as dosing halted in trial due to safety concerns

Reuters
12 Dec 2024
BUZZ-Keros <a href="https://laohu8.com/S/LENZ">Therapeutics</a> plunges as dosing halted in trial due to safety concerns

** Shares of drug developer Keros Therapeutics KROS.O fall ~71% to $20 premarket

** KROS says it has halted dosing of 3.0 mg and 4.5 mg doses of its high blood pressure treatment in a mid-stage study due to fluid buildup around the heart

** Dosing in the 1.5 mg/kg arm will continue after a risk-benefit review by an independent monitoring committee - KROS

** Co has notified the U.S. FDA about it and expects to present data from all treatment arms in Q2 2025 - KROS

** As of last close, stock has fallen 25.7% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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