Arrowhead climbs on early Alzheimer's drug trial data
BUZZ-Arrowhead climbs on early Alzheimer's drug trial data ** Shares of drugmaker Arrowhead Pharmaceuticals ARWR.O rise 6.7% to $62 premarket
** Co says its experimental Alzheimer's drug, ARO-MAPT, cut levels of disease-linked tau protein in spinal fluid by an average of 73% in healthy volunteers, with maximum reductions of 85%, in an early-to-mid-stage trial
** Abnormal buildups of tau protein are considered a key driver of Alzheimer's and other neurodegenerative brain disorders
** Protein reductions lasted for at least three months after the final dose, supporting the potential for quarterly dosing, co says
** Co is now testing the drug in early Alzheimer's patients, with data updates expected in 2027
** As of last close, stock down ~12% YTD
(Reporting by Kamal Choudhury in Bengaluru)
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Brief: Arrowhead Pharmaceuticals Announces ARO-MAPT Interim Phase 1/2a Clinical Data Demonstrating Deep and Durable Tau Reductions in Healthy Volunteers