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Keros Therapeutics downgraded to Neutral from Buy at BTIG
The Fly

Keros Therapeutics downgraded to Neutral from Buy at BTIG

BTIG downgraded Keros Therapeutics (KROS) to Neutral from Buy after dosing in higher dose cohorts of the TROPOS study was halted due to adverse events. Following the news, the firm thinks the differentiation opportunity for bleeding events/telangiectasias could end up taking real world safety data to convince most and expects the FDA to “be inclined to take a conservatively categorical approach” to labeling regarding these risks.

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