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ARWRBullishFDA Approvalnews
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Arrowhead Pharmaceuticals Stock Climbs on Plans To Seek FDA Approval for New Drug

Sep 3, 2024, 11:02 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

Arrowhead's Plozasiran met all primary and key secondary endpoints. FDA application for Plozasiran expected by year's end. Shares rose 2% post-announcement but down over 20% YTD. Plozasiran targets familial chylomicronemia syndrome, a currently untreatable condition. Company views Plozasiran as potentially best-in-class treatment.

  • Arrowhead's Plozasiran met all primary and key secondary endpoints.
  • FDA application for Plozasiran expected by year's end.
  • Shares rose 2% post-announcement but down over 20% YTD.
  • Plozasiran targets familial chylomicronemia syndrome, a currently untreatable condition.
  • Company views Plozasiran as potentially best-in-class treatment.

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