Aridis' Monoclonal Antibody Rouses Analyst Optimism Despite Pneumonia Phase III Miss

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The US biotech’s lead candidate missed the mark in a Phase III hospital-related pneumonia trial due to low recruitment affected by macroeconomic headwinds but analysts retain high hopes for another upcoming study.  

Paper lungs with red pills underneath on light blue background
Aridis' Drug Candidate Could Help 250,000 US Patients Each Year • Source: Shutterstock

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