Form 8-K Third Harmonic Bio, Inc. For: Feb 11

Go back to Form 8-K Third Harmonic Bio, Inc. For: Feb 11

Raymond James Downgrades Third Harmonic Bio (THRD) to Market Perform

February 11, 2025 10:58 AM EST

Raymond James analyst Laura Prendergast downgraded Third Harmonic Bio (NASDAQ: THRD) from Outperform to Market Perform.

The analyst comments "Third Harmonic Bio (THRD) presented Phase 1 healthy volunteer data for THB335 (slides). Although data supports advancement to Phase 2, it does not support a best in class profile as robust tryptase reduction is associated with hematological AEs (hemoglobin decrease). This toxicity will likely limit THB335 to doses that... More