Septerna, Inc. Investors: Company Investigated by the Portnoy Law Firm
Septerna, Inc. Investors: Company Investigated by the Portnoy Law Firm
Press Release Date 02-18-2025
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Feb. 18, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Septerna, Inc. (“Septerna” or “the Company”) (NASDAQ: SEPN) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Septerna investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On February 18, 2025, Septerna announced its decision to discontinue the Phase 1 single- and multiple-ascending dose (SAD/MAD) clinical trial of SEP-786 in healthy volunteers. SEP-786, an oral small-molecule agonist of the parathyroid hormone 1 receptor (PTH1R), was being developed for the treatment of hypoparathyroidism.
The company stated that this decision was based on the observation of two unexpected severe (Grade 3) cases of elevated unconjugated bilirubin in the MAD portion of the trial, both occurring without corresponding increases in ALT, AST, or GGT liver enzyme levels.
Following this announcement, Septerna’s stock plummeted over 65% in pre-market trading on February 18, 2025.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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