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GOSS / Gossamer Bio's stock falls 64% on findings for Phase 2 study for hypertension drug

Gossamer Bio's stock falls 64% on findings for Phase 2 study for hypertension drug
Shares of Gossamer Bio Inc. GOSS, +2.99% plunged 64.5% in premarket trading on Tuesday after Wall Street analysts questioned the performance of the company's experimental hypertension drug in a Phase 2 clinical trial. Though Gossamer said the drug, seralutinib, met the primary endpoint in a Phase 2 clinical trial, SVB Securities analyst Joseph Schwartz told investors that the therapy didn't outperform Merck & Co. Inc.'s MRK, -0.03% sotatercept. Read More
Posted: Dec 6 2022, 08:19
Author Name: Market Watch
Views: 110518

GOSS News  

Gossamer Bio to Present Results of TORREY FRI Sub-Study at the European Respiratory Society International Congress 2023

By Business Wire
September 7, 2023

Gossamer Bio to Present Results of TORREY FRI Sub-Study at the European Respiratory Society International Congress 2023

SAN DIEGO--(BUSINESS WIRE)--Gossamer Bio, Inc. (Nasdaq: GOSS), a clinical-stage biopharmaceutical company focused on the development and commercializa more_horizontal

Gossamer Bio stock struggles from lack of near-term catalysts: analysts

By Proactive Investors
July 27, 2023

Gossamer Bio stock struggles from lack of near-term catalysts: analysts

Shares of Gossamer Bio fell Thursday, and the company earned a downgrade from analysts at UBS.  Citing a "lack of near-term catalysts," the firm down more_horizontal

Gossamer Bio to Hold Conference Call with PAH Experts to Discuss PROSERA Phase 3 Design and Interim TORREY OLE Results

By Business Wire
July 24, 2023

Gossamer Bio to Hold Conference Call with PAH Experts to Discuss PROSERA Phase 3 Design and Interim TORREY OLE Results

SAN DIEGO--(BUSINESS WIRE)--Gossamer Bio, Inc. (Nasdaq: GOSS), a clinical-stage biopharmaceutical company focused on the development and commercializa more_horizontal

Gossamer Bio: Merck's STELLAR Data Impressive, But Game Not Over For Seralutinib

By Seeking Alpha
April 2, 2023

Gossamer Bio: Merck's STELLAR Data Impressive, But Game Not Over For Seralutinib

Merck's Sotatercept showed significant improvements in PAH patients in Phase 3 STELLAR trial with a primary endpoint of improvements in pulmonary vasc more_horizontal

Gossamer: Disappointing Phase 2 Results But Too Cheap To Ignore

By Seeking Alpha
January 30, 2023

Gossamer: Disappointing Phase 2 Results But Too Cheap To Ignore

Gossamer's TORREY showed stat sig PVR improvement, but the 6MWD was under what investors were hoping for; this led to a +70% decline in share price. S more_horizontal

Gossamer Bio (GOSS) Upgraded to Buy: What Does It Mean for the Stock?

By Zacks Investment Research
January 4, 2023

Gossamer Bio (GOSS) Upgraded to Buy: What Does It Mean for the Stock?

Gossamer Bio (GOSS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). more_horizontal

Gossamer Bio (GOSS) Loses -13.56% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

By Zacks Investment Research
January 4, 2023

Gossamer Bio (GOSS) Loses -13.56% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Gossamer Bio (GOSS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement amo more_horizontal

Gossamer Bio: Buying The Savage Dip After A Trial 'Win' May Be Unwise

By Seeking Alpha
December 8, 2022

Gossamer Bio: Buying The Savage Dip After A Trial 'Win' May Be Unwise

Gossamer Bio, Inc.'s lead candidate - Seralutinib, indicated for Pulmonary Arterial Hypertension - met its primary endpoint in the Phase 2 TORREY stud more_horizontal


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