Alcobra tumbles on Phase III ADHD results for metadoxine

Alcobra's stock value was cut in half and then some on 6 October after the company revealed highly anticipated results from the first Phase III clinical trial for extended-release metadoxine (MDX) in the treatment of attention deficit hyperactivity disorder (ADHD).

Alcobra's stock value was cut in half and then some on 6 October after the company revealed highly anticipated results from the first Phase III clinical trial for extended-release metadoxine (MDX) in the treatment of attention deficit hyperactivity disorder (ADHD).

The Tel Aviv, Israel-based company fell 56.6% to $6.12 per share after it said the Phase III trial did not...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Neurological

More from Therapy Areas

Scholar Rock Shows Muscle-Building PoC In Obesity

 

The company said it intends to maintain a focus on rare neuromuscular disease with apitegromab but could consider partnering in obesity.

Spyre Takes Aim At Roche And J&J In Inflammatory Diseases

 

The US firm was already looking to compete in ulcerative colitis, but now expands its ambitions by moving into rheumatoid arthritis as well.

Draig Is All Fired Up To Transform Neuropsychiatric Field

 
• By 

Wales-based group launches with $140m series A.