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Story perspectives

Harmony Biosciences Shares Plunge 16.6% After Trial Failure

9/25/2025

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Story summary
  • Harmony Biosciences' shares fell 16.6% after ZYN002 failed in a Fragile X syndrome trial.
  • The trial enrolled 215 patients aged 3 to 29 and missed its primary endpoint, with a higher-than-expected placebo response contributing to the result.
  • Analyst Ami Fadia said the outcome was not surprising.
  • Harmony will analyze the full dataset to understand Fragile X syndrome.