Stealth BioTherapeutics Plans Exit After FDA Sends Mixed Signals
Stealth BioTherapeutics, the biotech equivalent of a cautious cat, is prepping to shut down after receiving what it called 'conflicting' signals from the FDA. It’s like getting a yes, no, maybe so, and ¯\_(ツ)_/¯ all in one letter. Developing a rare disease drug isn’t for the faint of heart, but apparently trying to decode FDA feedback is a full-contact sport. The company said it's making 'contingency plans to close,' proving sometimes the biggest rare disease is surviving bureaucracy without a sequel to your disaster.
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Source: Statnews | Published: 8/5/2025 | Author: Ed Silverman
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