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On February 7, 2025, Pliant announced that following a prespecified data review and recommendations by the trial’s independent Data Safety Monitoring Board, it had voluntarily paused enrollment and dosing in the ongoing BEACON-IPF Phase 2b trial of bexotegrast in patients with idiopathic pulmonary fibrosis.
Following this news, PLRX’s stock price plummeted over 60% to open at $3.02 per share on February 10, 2025.