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Why Seres Therapeutics Stock Is Crashing Today

·1 min read
Why Seres Therapeutics Stock Is Crashing Today

The steep decline came after the company announced top-line results from a phase 2b clinical study evaluating SER-287 in treating ulcerative colitis (UC). There were three patient cohorts in the clinical study. Seres CEO Eric Shaff acknowledged that "these outcomes were not what we, nor the UC community, were hoping for."