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-0.00860585197934592 0 -0.0636833046471601 -0.0757314974182445 -0.0877796901893289 -0.0883562822719449 -0.101824440619621 -0.122203098106713
Stock impact report

Alderya Therapeutics stock soars after conjunctivitis treatment trial meets key endpoints [MarketWatch]

Aldeyra Therapeutics, Inc. (ALDX) 
Last aldeyra therapeutics, inc. earnings: 11/7 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.aldeyra.com/investor-relations
Company Research Source: MarketWatch
Alderya Therapeutics stock soars after conjunctivitis treatment trial meets key endpoints Shares of Aldeyra Therapeutics Inc. ALDX, +68.07% shot up 56% toward a 5-month high in premarket trade Tuesday, a day after closing at a 7-month low, after a phase 3 trial of the biotechnology company's allergic conjunctivitis treatment met its primary and secondary endpoints. Trading volume topped 440,000 shares, already more than the full-day average of about 310,000 shares. Aldeyra said it plans to meet with regulatory authorities in the second half of 2019 to discuss the results and remaining clinical requirements for potential submission of a new drug application (NDA) to the Food and Drug Administration. Separately, the company said it entered into a loan and security agreement with Hercules Capital Inc. that provides up to $60 million in financing. "The ALLEVIATE [trial] results suggest the potential of topical ocular reproxalap as a novel, safe, and effective therapeutic option that co Show less Read more
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