Hoth Therapeutics Announces Preclinical End Point Results Of HT-ALZ Treatment For Alzheimer's Disease
Portfolio Pulse from Benzinga Newsdesk
Hoth Therapeutics, Inc. (NASDAQ:HOTH) announced positive preclinical end points for HT-ALZ, a therapeutic in development for Alzheimer's Disease. The treatment showed improvements in several cognitive function tests and reduced anxiety-like behavior in mice. The company is now moving forward with formulation development.
August 09, 2023 | 12:16 pm
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Hoth Therapeutics' positive preclinical results for HT-ALZ could potentially boost investor confidence and the company's stock price in the short term.
The announcement of positive preclinical results for a company's therapeutic product typically leads to increased investor confidence, which can drive up the company's stock price. Given the high prevalence and unmet need in Alzheimer's Disease, these results could be particularly impactful.
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