Grifols' AMBAR protocol shows encouraging results in Alzheimer's
Spanish drugmaker Grifols (GRF: MC) presented positive top line results (Phase IIb/III) AMBAR (Alzheimer Management by Albumin Replacement) results at the Clinical Trials on Alzheimer's Disease (CTAD) congress on October 27, 2018 in Barcelona, Spain.
Presenting the study results, Dr Antonio Páez, Grifols’ medical director and head of the AMBAR clinical program, confirmed that the analysis of AMBAR data in moderate patients has shown positive, highly relevant results in a cohort of patients suffering from moderate Alzheimer's disease.
Ahead of the actual presentation, Grifols’ shares closed up 4.8% at 23.38 euros on Friday, and advanced a further 9.62% to 25.63 euros by late morning trading today.
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