Wednesday was a good day for investors of biotech Arrowhead Pharmaceuticals (ARWR). Shares took off to the tune of 40% following the release of positive trial data.In the Phase 2 open-label trial (AROAAT2002) assessing ARO-AAT for the rare genetic liver disease associated with alpha one antitrypsin deficiency (AATD), the treatment displayed convincing proof of a significant pharmacodynamic effect on AATD patients resulting in improvements in relevant biomarkers following 24 weeks of treatment.For H.C. Wainwright analyst Patrick Trucchio, the results are the latest addition to a pipeline “firing on all cylinders.”The previous several weeks have seen positive updates on several …read more
Source:: Yahoo Finance
