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Savara Inc.

Company NameSavara Inc.
Stock SymbolSVRA

On May 27, 2025, Savara issued a press release announcing that the U.S. Food and Drug Administration had issued a refusal-to-file letter for the Company’s Biologics License Application for MOLBREEVI, determining that the submission was not sufficiently complete and requesting additional Chemistry, Manufacturing, and Controls data. That same day, Guggenheim published a report lowering its price target for Savara and warning of potential delays in commercialization and the likelihood of additional capital raises.

On this news, Savara’s stock price fell $0.90, or 31.7%, to close at $1.94 per share on May 27, 2025, thereby injuring investors.

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