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Larimar Therapeutics FDA Clinical Hold on CTI-1601 and Termination of Recent Financing | #site_titleLarimar Therapeutics FDA Clinical Hold on CTI-1601 and Termination of Recent Financing

Larimar Therapeutics FDA Clinical Hold on CTI-1601 and Termination of Recent Financing | #site_titleLarimar Therapeutics FDA Clinical Hold on CTI-1601 and Termination of Recent Financing
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Larimar Therapeutics slapped with FDA clinical hold, forced to halt $95M cash raise

Larimar Therapeutics saw its shares nearly halved in after-hours trading last night after it was hit with an FDA trial hold and had to cancel a planned private raise.

Why Larimar Therapeutics Stock Is Trading Lower Today

Larimar Therapeutics (NASDAQ:LRMR) shares are trading.

LRMR Hit By double Whammy , PRVB On Watch, Taiwan Liposome Comes To India s Rescue To Fight Black Fungus

(1) SOUTH SAN FRANCISCO (dpa-AFX) - Today s Daily Dose brings you news about the clinical hold imposed by the FDA on Larimar s CTI-1601 clinical program; Pieris Pharma teaming up with Roche s Genentech; the upcoming regulatory catalyst of Provention Bio; the possible delay in Travere seeking approval for Sparsentan; and the approval of Taiwan Liposome s Liposomal Amphotericin B injection in India to fight the growing cases of black fungus. Read on. 1. Larimar Plunges On Double Dose Of Bad News Shares of Larimar Therapeutics, Inc. (LRMR) took a hit Tuesday, following a double dose of bad news. The company announced that its CTI-1601 clinical program has been placed on hold by the FDA and that a previously announced private placement financing will be terminated.

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