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Oppenheimer Downgrades Dyne Over Small DYN-101 Trial Size

The firm cut its rating to Perform from Outperform, saying the study's size may weaken the significance of upcoming data.

A few unmarked vials sit in a clinical sample rack / TokenPost.ai
A few unmarked vials sit in a clinical sample rack / TokenPost.ai

Oppenheimer lowered its rating on Dyne Therapeutics to Perform from Outperform, pointing to the size of a trial for its myotonic dystrophy type 1 candidate as a potential limit on the significance of upcoming data.

The candidate, DYN-101, is also known as zeleciment basivarsen or z-basivarsen. Oppenheimer's concern was that the small study could weaken the significance of future results.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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