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

Sep 3, 2024, 11:08 AM EDT1 sourcesAI-analyzed

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Arrowhead's Plozasiran met primary and key secondary endpoints in Phase 3 trial. No approved treatment exists for familial chylomicronemia syndrome (FCS). Arrowhead plans FDA application for Plozasiran this year. Shares rose 2% amid positive trial news but are down over 20% this year.

  • Arrowhead's Plozasiran met primary and key secondary endpoints in Phase 3 trial.
  • No approved treatment exists for familial chylomicronemia syndrome (FCS).
  • Arrowhead plans FDA application for Plozasiran this year.
  • Shares rose 2% amid positive trial news but are down over 20% this year.

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