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Lyra Therapeutics shares rise 11.19% intraday after positive ENLIGHTEN 2 Phase 3 results and extended cash runway.
ByAinvest
Wednesday, Aug 13, 2025 1:39 pm ET1min read
Lyra Therapeutics, Inc. rose 11.19% in intraday trading, driven by the positive ENLIGHTEN 2 Phase 3 results announced in June 2025, which propelled business activities in manufacturing, regulatory strategy, and ENLIGHTEN clinical dataset analysis to advance the path forward for LYR-210 for the treatment of chronic rhinosinusitis (CRS). Additionally, financing announced in June 2025 extended the company's cash runway into 3Q 2026.
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