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Why Biohaven Pharmaceutical Stock Is Tanking Today


Author Bio
George Budwell has been writing about healthcare and biotechnology companies at the Motley Fool since 2013. His primary interests are novel small molecule drugs, next generation vaccines, and cell therapies.
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What happened
Shares of
Biohaven Pharmaceutical Holding Co. (NYSE:BHVN) dropped by nearly 13% in pre-market action Tuesday morning. The drugmaker s shares are sinking following the release of disappointing phase 2/3 clinical trial results for its experimental Alzheimer s disease drug known as troriluzole.
Specifically, the company announced yesterday that troriluzole failed to beat out placebo at the 48-week mark in patients with mild to moderate Alzheimer s disease on two measures of cognitive decline: the Alzheimer s Disease Assessment Scale-Cognitive Subscale 11 and the Clinical Dementia Rating Scale Sum of Boxes.   ....

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Lilly's Donanemab Slows Clinical Decline of Alzheimer's Disease in Positive Phase 2 Trial


Lilly’s Donanemab Slows Clinical Decline of Alzheimer’s Disease in Positive Phase 2 Trial
Lilly’s Donanemab Slows Clinical Decline of Alzheimer’s Disease
in Positive Phase 2 Trial
 
BASINGSTOKE, January 12, 2021 – Donanemab, an investigational antibody that targets a modified form of beta amyloid called N3pG, showed significant slowing of decline in a composite measure of cognition and daily function in patients with early symptomatic Alzheimer’s disease compared to placebo in results from Eli Lilly and Company’s Phase 2 TRAILBLAZER-ALZ study. Donanemab met the primary endpoint of change from baseline to 76 weeks in the Integrated Alzheimer s Disease Rating Scale (iADRS), slowing decline by 32 percent relative to placebo, which was statistically significant. The iADRS is a clinical composite tool combining the cognitive measure ADAS-Cog13 and functional measure ADCS-iADL, two commonly used measures in Alzheimer’s disease. ....

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