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Tyra Biosciences to Present Preclinical Data on TYRA-200, an FGFR1/2/3 Inhibitor, at 34th EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics

Key Takeaway: Tyra Biosciences will present preclinical data on its FGFR1/2/3 inhibitor, TYRA-200, at the 34th EORTC-NCI-AACR Symposium in Barcelona. The data will focus on the drug's effectiveness against FGFR2 fusions and resistance mutations. The presentation is scheduled for October 26, 2022, during a poster session.
Price reaction · baseline $6.04 (2022-10-12 close) · hit pre-market · clean, no other TYRA news in the window
day 0 close
+5.5%
day 1 · peak
+11.4%
day 3
+6.6%

Market Sentiment Analysis

POSITIVE FACTORS

  • Tyra Biosciences is presenting promising preclinical data on TYRA-200.
  • The drug shows potency against various FGFR mutations and resistance mechanisms.
  • The presentation at a notable symposium highlights the company's innovative research.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+30%
120-day peak, hindsight
Typical move
15.4%
average across 2 past catalysts
Cash runway
~34 mo
Minimal dilution risk
Lead asset
TYRA-300/kg
Phase 2 · Achondroplasia

Full Press Release Details

CARLSBAD, Calif.,Oct. 13, 2022/PRNewswire/ -- Tyra Biosciences, Inc. (Nasdaq:TYRA), a precision oncology company focused on developing purpose-built therapies to overcome tumor resistance and improve outcomes for patients with cancer, today announced that the Company will present preclinical data on TYRA-200 during a poster session at the 34thEORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics, taking placeOctober 26-28, 2022, inBarcelona, Spain.
Details of the poster presentation are as follows:

Title:TYRA-200: Potent Against FGFR2 Fusions, Molecular Brake Mutations and Gatekeeper ResistanceDate/Time/Location:Wednesday, October 26, 2022,12-20:00 CET, Exhibition HallSession/Session Code:Molecular Targeted Agents 1, PP20Poster #:47

Regular abstracts are available on the EORTC-NCI-AACR website.  The poster on TYRA-200 will be made available on the TYRA website under the "For Investors" section onOctober 26, 2022.
Tyra Biosciences, Inc. is a precision oncology company focused on developing purpose-built therapies to overcome tumor resistance and improve outcomes for patients with cancer. TYRA's proprietary in-house discovery platform, SNÅP, enables the rapid and precise refinement of structural design through iterative molecular SNÅPshots that help predict genetic alterations most likely to cause acquired resistance to existing therapies.  Leveraging SNÅP, TYRA is developing a pipeline of selective inhibitors of Fibroblast Growth Factor Receptors (FGFR), which are altered in approximately 7% of all cancers.  TYRA-300 is an FGFR3 selective inhibitor for oncology.  TYRA-200 is an FGFR1/2/3 inhibitor with potency against FGFR2 fusions, molecular brake mutations and gatekeeper resistance that TYRA is developing initially in intrahepatic cholangiocarcinoma. TYRA is also targeting achondroplasia and other FGFR3-related skeletal dysplasias and FGFR4 and REarranged during Transfection kinase (RET) related cancers. TYRA is based in Carlsbad, CA.  For more information about our science, pipeline and people, please visitwww.tyra.bioand engage with us onLinkedIn.

Frequently Asked Questions

What is TYRA-200?

TYRA-200 is an FGFR1/2/3 inhibitor developed by Tyra Biosciences.

When will the data on TYRA-200 be presented?

The data will be presented on October 26, 2022, at the EORTC-NCI-AACR Symposium.

What types of mutations does TYRA-200 target?

TYRA-200 targets FGFR2 fusions, molecular brake mutations, and gatekeeper resistance.

Where is Tyra Biosciences located?

Tyra Biosciences is based in Carlsbad, California.

Last updated: Oct 13, 2022