Alzhiemer’s disease (AD) candidate troriluzole is in trouble, after a Phase II/III trial missed its co-primary endpoints, depressing the share price of developer Biohaven Pharmaceutical (NYSE: BHVN).
The East Coast, USA-based firm saw the value of its stock fall around 7.5% on Monday, and a further 14% in after-hours trading.
Nonetheless, pointing to a subgroup analysis showing, “nonsignificant numerical difference of a potential benefit,” the firm said it would press ahead with the program.
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