Following the recent miss in its Alzheimer’s disease trial of buntanetap, Annovis Bio, Inc. really needed a hit in its pivotal trial of the same drug in Parkinson’s. On 2 July, it said it had seen positive data and its shares climbed 76% to close at $9.28 on the New York Stock Exchange.
Annovis Soars On Parkinson’s Failure
Buntanetap misses the primary endpoint in another Phase III trial but investors are swayed by exploratory analyses.
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