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News 2026-09-23 15:23 UTC

Biomea Fusion Stock Falls on Termination of Proposed Public Offering

By Kelly CloonanShares of Biomea Fusion slid after the company terminated its proposed public offering of securities.The stock declined 16% to $1.44 on Wednesday. Shares are up 16% year to date.The clinical-stage diabetes and obesity company said it determined that current market conditions aren't…