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aTyr Pharma Announces Third Quarter 2025 Results and Provides Corporate Update
Globenewswire· 2025-11-06 21:01
Core Insights - The company reported results from the Phase 3 EFZO-FIT™ study of efzofitimod in pulmonary sarcoidosis, indicating that while the primary endpoint was not met, the therapy showed improvements in quality of life and reduced steroid use [3][4] - The company plans to meet with the FDA in the first quarter of 2026 to discuss the future development of efzofitimod based on the study results [3][4] - The company ended Q3 2025 with $92.9 million in cash and investments, reflecting a solid financial position [9][13] Clinical Development Updates - The Phase 3 EFZO-FIT™ study involved 268 patients and evaluated two dosages of efzofitimod, with clinical benefits observed in various efficacy parameters despite not meeting the primary endpoint [4][6] - The Phase 2 EFZO-CONNECT™ study is ongoing, targeting systemic sclerosis-related interstitial lung disease, with enrollment expected to complete in the first half of 2026 [4][6] Financial Performance - For Q3 2025, the company reported total revenues of $190,000, primarily from license and collaboration agreements, compared to $235,000 in the same period of 2024 [11] - Research and development expenses for Q3 2025 were $22.1 million, up from $14.8 million in Q3 2024, reflecting increased clinical trial costs [9][11] - The net loss for Q3 2025 was $25.7 million, compared to a net loss of $17.3 million in Q3 2024, indicating higher operational costs [11]
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at aTyr Pharma
Businesswire· 2025-11-06 16:16
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential securities law violations at aTyr Pharma, Inc. following the company's announcement of disappointing clinical trial results that led to a significant drop in stock price [2][4]. Company Overview - aTyr Pharma, Inc. is a biopharmaceutical company listed on NASDAQ under the ticker ATYR [2]. - The company recently reported that its EFZO-FIT study did not meet its primary endpoint, which was the change from baseline in mean daily oral corticosteroid dose at week 48 [3]. Market Reaction - Following the announcement of the failed study results, aTyr's stock price plummeted from $6.03 per share on September 12, 2025, to $1.02 per share by the close of trading on September 15, 2025, representing a decline of approximately 83.2% in a single day [4].
ROSEN, A LEADING NATIONAL FIRM, Encourages aTyr Pharma, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ATYR
Newsfile· 2025-11-06 00:09
Core Viewpoint - Rosen Law Firm is encouraging investors of aTyr Pharma, Inc. to secure legal counsel before the December 8, 2025 deadline for a class action lawsuit related to the company's stock performance during the specified class period [2][4]. Group 1: Class Action Details - The class period for the aTyr Pharma common stock is defined as January 16, 2025, to September 12, 2025, inclusive [2]. - Investors who purchased shares during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - A class action lawsuit has already been filed, and potential lead plaintiffs must act by December 8, 2025 [4]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [5]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time [5]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [5]. Group 3: Case Allegations - The complaint alleges that aTyr Pharma provided misleading statements regarding the efficacy of its drug Efzofitimod, particularly concerning its ability to allow patients to taper steroid usage completely [6]. - The lawsuit claims that when the true information became public, investors suffered damages due to the misleading nature of the statements made by the company [6].
ATYR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of ATyr Pharma
Globenewswire· 2025-11-04 16:49
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against ATyr Pharma, Inc. due to allegations of misleading statements regarding the efficacy of its drug Efzofitimod, which led to significant financial losses for investors [4][6]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses exceeding $10,000 in ATyr between January 16, 2025, and September 12, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against ATyr Pharma, with a deadline of December 8, 2025, for investors to seek the role of lead plaintiff [4][8]. Group 2: Allegations Against ATyr Pharma - The complaint alleges that ATyr and its executives violated federal securities laws by making false and misleading statements about Efzofitimod, particularly regarding its ability to allow patients to taper off steroid usage [6]. - In the EFZO-FIT study, efzofitimod showed no significant change in mean daily oral corticosteroid dose at week 48, with a reduction of 2.79 mg for the drug compared to 3.52 mg for placebo [7]. - Following the release of the study results, ATyr's stock plummeted by 83.25%, dropping from a market close of $6.03 on September 12 to $1.01 on September 15 [7].
Lost Money on aTyr Pharma, Inc. (ATYR)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Globenewswire· 2025-11-03 21:05
Core Viewpoint - aTyr Pharma, Inc. is facing a class action securities lawsuit due to alleged securities fraud related to the efficacy of its drug Efzofitimod, which did not meet its primary endpoint in a clinical study, leading to a significant drop in stock price [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for aTyr investors affected by alleged securities fraud between January 16, 2025, and September 12, 2025 [1]. - Defendants are accused of making positive statements about Efzofitimod while concealing adverse facts about its efficacy, particularly regarding steroid tapering [2]. - The truth about the drug's performance was revealed on September 15, 2025, when aTyr announced that the EFZO-FIT study did not meet its primary endpoint, resulting in an 83.2% decline in stock price from $6.03 to $1.02 per share in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until December 8, 2025, to request to be appointed as lead plaintiff, although participation does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].
aTyr Pharma, Inc. (ATYR) Failed Drug Trial Spurs Securities Lawsuit; Class Period Significantly Enlarged -- Hagens Berman
Globenewswire· 2025-11-03 18:06
Core Viewpoint - A new class action lawsuit has been filed against aTyr Pharma, Inc. and its executives, expanding the alleged class period for investors who suffered losses from November 7, 2024, to September 12, 2025, due to misleading statements about the drug Efzofitimod [1][2][4]. Group 1: Class Action Details - The lawsuit, King v. aTyr Pharma Inc., seeks to represent all individuals and entities who acquired aTyr Pharma securities during the expanded class period [2]. - The previous class period began in January 2025, making this expansion significant for investors who purchased shares in late 2024 [2]. - The lead plaintiff deadline for the class action is set for December 8, 2025 [4]. Group 2: Allegations Against aTyr Pharma - The allegations center around aTyr's Phase 3 clinical trial, EFZO-FIT, which evaluated the drug Efzofitimod for patients with pulmonary sarcoidosis [5]. - Executives allegedly made overly positive statements about the drug's efficacy while concealing material adverse facts regarding its ability to reduce steroid dependency [6][7]. - The lawsuit claims that these misrepresentations constitute securities law violations, misleading investors about the drug's true prospects [7]. Group 3: Impact of the Allegations - The truth about the drug's efficacy was revealed on September 15, 2025, when aTyr announced that the EFZO-FIT study did not meet its primary endpoint, leading to a significant drop in stock price [8][9]. - Following the announcement, aTyr's stock plummeted from $6.03 to $1.02 per share, marking an 83.2% decline in a single day [9]. - The company acknowledged the setback and indicated plans to engage with the FDA for a path forward [9]. Group 4: Investigation and Legal Support - Hagens Berman, a prominent shareholders rights firm, is investigating whether aTyr misled investors regarding the drug's data and trial design [10]. - The firm encourages investors who suffered losses to submit their claims and offers support for whistleblowers with non-public information [11].
ATYR INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In ATYR To Contact Him Directly To Discuss Their Options
Prnewswire· 2025-11-03 14:29
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against ATyr Pharma, Inc. due to allegations of misleading statements regarding the efficacy of its drug Efzofitimod, which led to significant financial losses for investors [2][3]. Group 1: Legal Investigation - The firm is reminding investors of the December 8, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against ATyr Pharma [2]. - The complaint alleges that ATyr and its executives violated federal securities laws by making false statements and failing to disclose material adverse facts about Efzofitimod [3]. Group 2: Drug Efficacy and Market Impact - In the EFZO-FIT study, Efzofitimod did not show a significant change in mean daily oral corticosteroid dose at week 48, with a reduction of 2.79 mg for the drug compared to 3.52 mg for placebo [4]. - The study reported that complete steroid withdrawal was achieved in 52.6% of patients treated with Efzofitimod versus 40.2% on placebo [4]. - Following the release of these results, ATyr's stock plummeted by 83.25%, dropping from $6.03 on September 12 to $1.01 on September 15 [4].
The Gross Law Firm Notifies aTyr Pharma, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - ATYR
Prnewswire· 2025-11-03 13:45
Core Viewpoint - aTyr Pharma, Inc. is facing a class action lawsuit due to allegations of misleading statements regarding the efficacy of its drug Efzofitimod, which failed to meet its primary endpoint in a clinical study, leading to a significant drop in stock price [1]. Summary by Sections Allegations - The complaint alleges that aTyr Pharma provided overwhelmingly positive statements about Efzofitimod while concealing material adverse facts about the drug's efficacy, particularly its ability to allow patients to taper steroid usage completely [1]. - The truth about the drug's performance was revealed on September 15, 2025, when aTyr announced that the EFZO-FIT study did not meet its primary endpoint, specifically in the change from baseline in mean daily OSC dose at week 48 [1]. Stock Price Impact - Following the announcement of the study results, aTyr's stock price plummeted from $6.03 per share on September 12, 2025, to $1.02 per share on September 15, 2025, marking a decline of 83.2% in just one day [1]. Class Action Details - Shareholders who purchased shares during the class period from January 16, 2025, to September 12, 2025, are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for December 8, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2].
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages aTyr Pharma, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ATYR
Globenewswire· 2025-11-02 14:08
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of aTyr Pharma, Inc. during the specified class period of the upcoming lead plaintiff deadline on December 8, 2025 [1]. Group 1: Class Action Details - Investors who bought aTyr Pharma common stock between January 16, 2025, and September 12, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The lead plaintiff must file a motion with the court by December 8, 2025, to represent other class members in the litigation [3]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [4]. Group 3: Case Allegations - The complaint alleges that defendants made misleading statements regarding the efficacy of Efzofitimod, particularly its ability to allow patients to taper steroid usage completely, leading to investor damages when the truth was revealed [5].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of aTyr Pharma
Markets.Businessinsider.Com· 2025-11-02 13:17
Core Insights - Faruqi & Faruqi, LLP is investigating potential claims against aTyr Pharma, Inc. due to allegations of violations of federal securities laws related to misleading statements about the drug Efzofitimod [2][5] - The firm is encouraging investors who suffered losses exceeding $50,000 between January 16, 2025, and September 12, 2025, to discuss their legal options [1][2] Company Overview - aTyr Pharma, Inc. is facing a federal securities class action with a deadline for lead plaintiff applications set for December 8, 2025 [2] - The company’s stock experienced a significant decline of 83.25%, dropping from $6.03 on September 12, 2025, to $1.01 on September 15, 2025, following the release of disappointing clinical trial results for Efzofitimod [6] Legal Allegations - The complaint alleges that aTyr and its executives made false and misleading statements regarding the efficacy of Efzofitimod, particularly its ability to allow patients to taper off steroid usage [5] - In the EFZO-FIT study, the drug did not demonstrate a significant reduction in mean daily oral corticosteroid dose compared to placebo, with only 52.6% of patients achieving complete steroid withdrawal [6]