Lumos Pharma Inc (LUMO) drops 12.17% for July 21

Equities Staff  |

Lumos Pharma Inc (NASDAQ: LUMO) shares dropped 12.17%, or $1.14 per share, to close Wednesday at $8.23. After opening the day at $9.04, shares of Lumos Pharma fluctuated between $9.04 and $8.20. 226,265 shares traded hands an increase from their 30 day average of 21,588. Wednesday's activity brought Lumos Pharma’s market cap to $68,676,939.

About Lumos Pharma Inc

Lumos Pharma, Inc. is a clinical stage biopharmaceutical company focused on the development and commercialization of therapeutics for rare diseases. Lumos Pharma was founded and is led by a management team with longstanding experience in rare disease drug development and received early funding from leading healthcare investors, including Deerfield Management, a fund managed by Blackstone Life Sciences, Roche Venture Fund, New Enterprise Associates (NEA), Santé Ventures, and UCB. Lumos Pharma's lead therapeutic candidate is LUM-201, an oral growth hormone stimulating small molecule, currently being evaluated in a Phase 2b clinical trial, the OraGrowtH210 Trial, for the treatment of Pediatric Growth Hormone Deficiency (PGHD). If approved by the FDA, LUM-201 would provide an orally administered alternative to daily injections that current PGHD patients endure for many years of treatment. LUM-201 has received Orphan Drug Designation in both the US and EU.

Visit Lumos Pharma Inc’s profile for more information.

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To get more information on Lumos Pharma Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Lumos Pharma Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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