aTyr Pharma Faces Investor Class Action After Drug Trial Failure

Reuters
2025.12.03 12:39
portai
I'm PortAI, I can summarize articles.

aTyr Pharma Inc. is facing a class action lawsuit from investors who incurred losses between November 7, 2024, and September 12, 2025. The lawsuit claims the company made false statements about its drug candidate, Efzofitimod. The issue was revealed on September 15, 2025, when the drug failed its primary endpoint, causing the stock price to plummet by 83.2%. The legal action aims to recover losses for shareholders.