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Lyra Therapeutics, Inc. - LYRA STOCK NEWS

Welcome to our dedicated page for Lyra Therapeutics news (Ticker: LYRA), a resource for investors and traders seeking the latest updates and insights on Lyra Therapeutics stock.

Lyra Therapeutics, Inc. (LYRA) is a clinical-stage biotechnology company pioneering targeted therapies for chronic ear, nose, and throat conditions. This dedicated news hub provides investors and healthcare professionals with essential updates on the company's innovative drug-delivery platforms and clinical progress.

Access timely reports on LYRA's XTREO technology advancements, regulatory milestones, and research collaborations. Our curated collection features press releases covering clinical trial outcomes, product development updates, and strategic partnerships in the ENT therapeutics space.

Key content includes analyses of the company's bioresorbable matrix systems, progress in chronic rhinosinusitis treatment development, and financial performance updates. Bookmark this page for streamlined tracking of LYRA's mission to transform localized drug delivery in otolaryngology.

Rhea-AI Summary
Lyra Therapeutics, Inc. (LYRA) reports financial results for Q4 and full year 2023. The company anticipates topline results from ENLIGHTEN I Phase 3 trial of LYR-210 in CRS patients in Q2 2024. LYR-220 shows positive results in BEACON Phase 2 trial. The company's financials show steady growth with cash reserves to fund operations till Q1 2025.
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Lyra Therapeutics, Inc. granted non-qualified stock options to 18 new non-executive employees to purchase 119,200 shares of Lyra common stock. The options have a ten-year term with an exercise price of $5.48 per share and vest over a four-year period. This move aims to incentivize new employees and align their interests with the company's growth.
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Lyra Therapeutics, Inc. (Nasdaq: LYRA) reported positive data from the BEACON Phase 2 clinical trial of LYR-220, demonstrating statistically significant improvement in sinus opacification and symptomatic improvement in chronic rhinosinusitis (CRS) patients who have had prior ethmoid sinus surgery. The ENLIGHTEN I pivotal Phase 3 trial of LYR-210 in CRS patients who have not had ethmoid sinus surgery is fully enrolled, with topline results expected in 1H 2024.
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Lyra Therapeutics, Inc. (Nasdaq: LYRA) announced that their President and CEO will participate in investor conferences in November. The conferences include Jefferies London Healthcare Conference 2023 on November 16th and Piper Sandler 35th Annual Healthcare Conference on November 29th. Live webcasts will be available on the company's Investor Relations website.
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Lyra Therapeutics announces positive topline results from the BEACON Phase 2 clinical study of LYR-220 in adult patients with chronic rhinosinusitis (CRS)
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Lyra Therapeutics, Inc. announces participation in investor conferences in September.
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Lyra Therapeutics announces full enrollment of Phase 3 ENLIGHTEN I clinical trial for LYR-210 in CRS patients
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Lyra Therapeutics is making progress in its clinical trials for the treatment of chronic rhinosinusitis (CRS). The enrollment for the pivotal Phase 3 trial of LYR-210 in pre-surgical CRS patients is expected to be completed soon, with data expected in the first half of 2024. Initial topline results from the Phase 2 trial of LYR-220 in post-surgical CRS are anticipated in September 2023. The company also reported a strong balance sheet with net proceeds of $46.7 million from a private placement.
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Lyra Therapeutics, Inc.

Nasdaq:LYRA

LYRA Rankings

LYRA Stock Data

5.70M
52.57M
0.6%
50.86%
2.87%
Biotechnology
Surgical & Medical Instruments & Apparatus
Link
United States
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