Arrowhead Pharmaceuticals shares rise 6.7% on Alzheimer's treatment clinical data release
ARWR Arrowhead Pharmaceuticals Inc
$58.37 +0.41%
View chart & analysis → - 1Arrowhead Pharmaceuticals shares rose 6.7% on Wednesday.
- 2The data showed an average 73% reduction in total tau protein in the cerebrospinal fluid of healthy volunteers through day 105.
- 3Investigators reported no serious adverse events, deaths, or instances of clinical discontinuation.
So what's the key point?
Arrowhead Pharmaceuticals' Alzheimer's treatment showed a 73% reduction in harmful proteins in the brain. The company's stock price rose because there were no reported side effects or deaths.
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