<p>The Nasdaq Biotechnology Index closed down 0.85%.
Component stock Lyell Immunopharma fell 12.87%, Summit Therapeutics Plc. dropped 11.32%, and Ironwood Pharmaceuticals declined 9.69%, making it the third largest decline.
LENZ Therapeutics rose 6.84%, ranking third in performance, Insmed increased by 7.75%, and Tevogen Bio Holdings also rose by 8.06%</p>

LENZ

INSM

<p>The Nasdaq Biotechnology Index fell by 0.85%. Among the constituent stocks, Lyell Immunopharma dropped by 12.87%, Summit Therapeutics Plc. fell by 11.32%, and Ironwood Pharmaceuticals decreased by 9.69%. Meanwhile, LENZ Therapeutics rose by 6.84%, Insmed increased by 7.75%, and Tevogen Bio Holdings went up by 8.06%</p>

News