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The Nasdaq Biotechnology Index closed down more than 1.7%. Component stocks Dyne fell 16.85%, Silence Therapeutics dropped 8.90%, Q32 Bio declined 8.38%, and Summit Therapeutics Plc. decreased 8.13%. Terns Pharmaceuticals, on the other hand, rose 6.48% to rank fourth, Wave Life Sciences increased 14.58%, Applied Therapeutics gained 15.32%, and Cartesian Therapeutics surged 18.08%
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