Vivoryon's varoglutamstat data in Alzheimer's sends shares upwards
German biopharma Vivoryon Therapeutics (VVY:AEX) has announced results for its Alzheimer’s disease (AD) drug candidate varoglutamstat from the ongoing European Phase IIb study VIVIAD.
The results, presented at the Alzheimer’s Association International Conference (AAIC) being held in San Diego, California, led to shares in Vivoryon closing 16% higher on Monday.
Positive Phase IIb safety data from 181 patients showed no on-target toxicity, including at the selected therapeutic dose of 600mg given twice daily, known to result in target occupancy of nearly 90%.
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