aTyr Pharma Inc. (NASDAQ: LIFE) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We are initiating coverage of aTyr with a Buy rating and $15 PT. Our investment thesis is based on 1) strong scientific data for aTYR’s lead candidate, ATYR1923, a tRNA synthetase-derived drug for Pulmonary Sarcoidosis an interstitial lung disease (ILD) for which efficacy data is expected during 3Q20, 2) ‘1923’s potential to capture share in the larger ILD market, and 3) collaborations with CSL-Behring (CSLLY-NC) and Kyorin (4569:TYO-NC) that provide further platform validation and non-dilutive capital.”
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About aTyr Pharma Inc.
aTyr is a biotherapeutics company engaged in the discovery and development of innovative medicines based on novel immunological pathways. aTyr’s research and development efforts are concentrated on a newly discovered area of biology, the extracellular functionality and signaling pathways of tRNA synthetases. aTyr has built a global intellectual property estate directed to a potential pipeline of protein compositions derived from 20 tRNA synthetase genes and their extracellular targets. aTyr’s primary focus is ATYR1923, a clinical-stage product candidate which binds to the neuropilin-2 receptor and is designed to down-regulate immune engagement in interstitial lung diseases. For more information, please visit http://www.atyrpharma.com.
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