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Stock impact report

BioAge Labs Reports Strong Q3 2024 Achievements [Yahoo! Finance]

BioAge Labs, Inc. (BIOA) 
Last bioage labs, inc. earnings: 8/3 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.bio-amber.com
Company Research Source: Yahoo! Finance
BioAge Labs, Inc. is a clinical-stage biotechnology company focused on developing therapeutics for metabolic diseases, such as obesity, by targeting the biology of human aging. The company recently reported its third-quarter 2024 financial results, highlighting significant milestones achieved during the period. In the third quarter of 2024, BioAge Labs initiated its Phase 2 STRIDES trial, evaluating the combination of its lead compound azelaprag with tirzepatide for obesity treatment. The company also successfully completed its initial public offering (IPO), raising substantial funds to support its operations and strategic goals. Additionally, the appointment of former GSK CEO Jean-Pierre Garnier as Board Chair marks a notable leadership change. Key financial metrics for the quarter showed increased research and development expenses, primarily due to the ongoing STRIDES trial and azelaprag manufacturing costs. General and administrative expenses also rose, reflecting higher stock Show less Read more
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