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Upstream Bio's stock slides on Phase 2 severe asthma data for verekitug

Upstream Bio on Wednesday said its TSLP-targeting drug met its goal in a mid-stage trial in severe asthma, which is a step forward in its bid to challenge Dupixent and Tezspire down the line.

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Upstream Bio on Wednesday said its TSLP-targeting drug met its goal in a mid-stage trial in severe asthma, which is a step forward in its bid to challenge Dupixent and Tezspire down the line.

But the biotech’s stock $UPB dropped by 45% at market open Wednesday.

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