NEW YORK, NY / ACCESSWIRE / August 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Syros Pharmaceuticals, Inc. ("Syros Pharmaceuticals") (NASDAQ:SYRS) concerning possible violations of federal securities laws.
Syros issued a press release on August 12, 2024, "announcing that it will discontinue enrollment in the SELECT-AML-1 Phase 2 clinical trial evaluating the triplet regimen of tamibarotene in combination with venetoclax and azacitidine compared to the doublet regimen of venetoclax and azacitidine in newly diagnosed, unfit patients with acute myeloid leukemia (AML) and RARA gene overexpression." The Company stated that its "decision is based on the results of a prespecified interim analysis of the trial," following which the Syros determined that "the probability for success . . . to demonstrate superiority at the final analysis . . . was considered low[.]"
Following this news, Syros's stock price fell over 61% on August 13, 2024. To obtain additional information, go to:
https://zlk.com/pslra-1/syros-pharmaceuticals-lawsuit-submission-form?prid=98022&wire=1
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
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SOURCE: Levi & Korsinsky, LLP