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Keros Therapeutics downgraded to Hold from Buy at TD Cowen

TD Cowen downgraded Keros Therapeutics (KROS) to Hold from Buy after the company voluntarily halted dosing in the 3.0 mg/kg and 4.5 mg/kg treatment arms in the ongoing TROPOS Phase 2 clinical trial of cibotercept in combination with background therapy in patients with pulmonary arterial hypertension, based on a safety review due to the unanticipated observation of pericardial effusion adverse events in the trial.

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