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Biohaven’s genetic disease drug meets main trial goal

09/23/2024

Less than a minute

2024.09.23 08:11

(Reuters) – Biohaven has met the main goal in a study evaluating its drug in patients with an inherited disease that mainly affects the brain, the company said on Monday.

The drug troriluzole showed clinically meaningful slowing of disease progression in patients with Spinocerebellar Ataxia (SCA), the company said.

© Reuters. FILE PHOTO: The logo for Biohaven Pharmaceutical Holding Company is displayed on a screen during the company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 4, 2017. REUTERS/Brendan McDermid/File Photo

The neurodegenerative disease affects about 15,000 people in the United States, according to company estimates.

Shares of Biohaven, rose more than 20% in premarket trading.

09/23/2024

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