The timing of the IPO doesn’t look good for BioAge
https://securities.stanford.edu/filings-case.html?id=108512
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BioAge completed its initial public offering on September 27, 2024, selling 12.65 million shares at $18 per share. However, less than three months later, on December 6, 2024, BioAge announced that it would discontinue the ongoing STRIDES Phase 2 study of its investigational drug candidate azelaprag after liver transaminitis was observed in some subjects receiving azelapgrag. In response to the news, BioAge’s stock price declined from $20.09 per share on December 6, 2024 to $4.65 per share on December 7, 2024.
How did that happen?
This happens more than you would think.
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Were any puts available for BioAge stock? Biotech stocks in general have high volatility potential, so if you like the thrill of high risk high reward 
…
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No, that part I know, I was just wondering how, what went wrong.
It was strange… the drug had already been through phase 1 and phase 2 studies in Japan for Asthma when they purchased it (in-licensed it), so it should have been fine. Perhaps the new patient population was older than the Japanese cohort? Hard to know without a detailed look but sad news whatever the case:
liver transaminitis was the problem:
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