Lyra Therapeutics suspends LYR-210 development, cuts workforce and seeks strategic options.

lunes, 12 de enero de 2026, 7:05 am ET1 min de lectura
LYRA--

Lyra Therapeutics has suspended development of its lead product candidate LYR-210 for chronic rhinosinusitis. The company is also reducing its workforce and taking cost-saving measures to preserve capital. Maria Palasis and Jason Cavalier will remain consultants to support strategic alternatives, and SSG Capital Advisors has been engaged to assist in the process.

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