AMLX. Some info on the 85% selloff today. @$AMLX Mizuho Securities analyst Graig Suvannavejh kept his buy rating on Amylyx stock.
He noted the firm is still testing Relyvrio — under the test name AMX0035 — in patients with Wolfram syndrome and progressive supranuclear palsy. Wolfram syndrome is a genetic condition associated with childhood-onset insulin-resistant diabetes and hearing loss. Progressive supranuclear palsy is a rare condition that affects walking, balance and eye function.
Amylyx says it now expects to have the results of its study in Wolfram syndrome patients in the second quarter.
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