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BIOAGE ALERT: Bragar Eagel & Squire, P.C. is Investigating BioAge Labs, Inc. on Behalf of BioAge Stockholders and Encourages Investors to Contact the Firm

Key Takeaway: Bragar Eagel & Squire, P.C. is conducting an investigation into BioAge Labs, Inc. regarding potential claims from stockholders. This investigation is centered on whether BioAge issued misleading statements or failed to disclose relevant information. The scrutiny follows BioAge's discontinuation of its STRIDES Phase 2 trial for azelaprag, which was halted due to safety concerns related to liver transaminase levels. Following this announcement, BioAge's stock experienced a significant drop of over 76.8%.

Market Sentiment Analysis

CONCERNS & RISKS

  • BioAge discontinued its STRIDES Phase 2 trial for azelaprag due to safety concerns.
  • The company faced a severe stock price drop of over 76.8% following the trial's discontinuation.
  • The investigation by Bragar Eagel & Squire concerns potential violations of federal securities laws by BioAge.

Full Press Release Details

NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against BioAge Labs, Inc. (“BioAge” or the “Company”) (NASDAQ: BIOA) on behalf of BioAge stockholders. Our investigation concerns whether BioAge has violated the federal securities laws and/or engaged in other unlawful business practices.
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The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. BioAge discontinued its STRIDES Phase 2 trial for azelaprag on December 9, 2024, citing safety concerns over elevated liver transaminase levels amongst study participants. The Company had previously highlighted azelaprag's potential for patients undergoing obesity therapy with incretin drugs. Based on this news, shares of BioAge fell by more than 76.8% on the same day.
If you purchased or otherwise acquired BioAge shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.

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Bragar Eagel & Squire

Frequently Asked Questions

What is Bragar Eagel & Squire investigating?

They are investigating potential claims against BioAge Labs for securities law violations.

Why did BioAge's shares drop significantly?

Shares fell over 76.8% due to disclosing safety concerns in a clinical trial.

What trial did BioAge discontinue?

BioAge discontinued its STRIDES Phase 2 trial for azelaprag.

How can BioAge shareholders get involved?

Shareholders can contact Bragar Eagel & Squire for more information or to participate.

Is there a cost to participate in the investigation?

There is no cost or obligation to participate in the investigation.

Last updated: Dec 18, 2024