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0 -0.00109393473961038 -0.00329285406468578 -2.20996917094454E-05 0.00332600360224965 0.00332600360224965 0.00332600360224965 0.00332600360224965
Stock impact report

Biohaven's depression drug fails mid-stage trial, shares fall [Yahoo! Finance]

Biohaven Pharmaceutical Holding Company Ltd. Common Shares (BHVN) 
Last biohaven pharmaceutical holding company ltd. common shares earnings: 2/25 04:45 pm Check Earnings Report
US:NYSE Investor Relations: investors.biohavenpharma.com
Company Research Source: Yahoo! Finance
trial, adding to a string of trial and regulatory ?setbacks for the drugmaker this year. The company's shares fell 17% in extended trading and are ?down more than 70% this year, weighed down by a clinical trial failure in March and the U.S. health regulator's rejection of its drug troriluzole for a rare neurodegenerative disorder. Biohaven's drug, BHV-7000, when tested in patients with ?major depressive disorder in a ?six-week trial did not show significant reduction in depressive symptoms compared with placebo as measured by change in the ?Montgomery Asberg Depression Rating Scale. The company considers the depression subgroup analyses as "hypothesis generating" but does not plan on additional psychiatric clinical trials to keep resources focused on ?key priority areas of immunology, obesity and epilepsy in 2026. RBC Capital ?Markets analyst Leonid Timashev said the trial miss is "not surprising" given the limited clinical efficacy data to date and MDD being a challenging ind Show less Read more
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