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BIOA INVESTOR ALERT: Kirby McInerney LLP Reminds BioAge Labs, Inc. Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit

By: Kirby McInerney LLP via Business Wire
February 25, 2025 at 18:00 PM EST

The law firm of Kirby McInerney LLP notifies investors of the approaching March 10, 2025, deadline to seek the role of lead plaintiff in a federal securities class action filed on behalf of those who acquired BioAge Labs, Inc. (“BioAge” or the “Company”) (NASDAQ: BIOA) securities from September 22, 2024, through January 7, 2025 (“the Class Period”).

[LEARN MORE ABOUT THE CLASS ACTION]

On September 27, 2024, BioAge completed its initial public offering (“IPO”), selling 12.65 million shares at $18 per share. The Company’s IPO documents discussed its collaboration with Eli Lilly and Company in connection with its ongoing STRIDES clinical trial of BioAge’s lead product candidate, azelaprag, in combination with GLP-IR agonists to establish proof of concept for enhanced weight loss.

Less than 3 months after its IPO, on December 6, 2024, BioAge announced that it discontinued its STRIDES Phase 2 trial for azelaprag, citing safety concerns, after liver transaminitis was observed in subjects receiving azelaprag. BioAge stated that the decision to discontinue the STRIDES Phase 2 study of azelaprag “became clear” due to “the emerging safety profile of the current doses tested.” On this news, the price of BioAge stock fell by $15.44 per share, or approximately 76%, from $20.09 per share on December 6, 2024, to close at $4.65 on December 9, 2024.

The complaint alleges that defendants, in the IPO documents and throughout the Class Period, made false and/or materially misleading information regarding its STRIDES Phase 2 clinical trial.

If you purchased or otherwise acquired BioAge securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or interests with respect to these matters without any cost to you.

[CONTACT FORM]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250225010363/en/

Contacts

Kirby McInerney LLP

Thomas W. Elrod, Esq.

212-699-1180

https://www.kmllp.com

investigations@kmllp.com

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