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Tyra Biosciences Shares Rise on SURF302 Phase 2 Data and Cash Outlook

Tyra Biosciences logoTyra Biosciences
Sig1.80Sen+4.10Env0.00Soc0.00Gov0.00

Tyra Biosciences’ shares have gained sharply, with 126.48% total shareholder return over a year and strong recent price momentum. Investor interest is tied to expectations for SURF302 Phase 2 data and an update that cash reserves should fund operations into the second half of 2028. The stock trades at a 4.8x P/B versus 2.5x for US biotechs, but results risk disappointment or higher clinical costs.

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