Athira Pharma shares are trading higher after the company announced it will present results from its Phase 2/3 LIFT-AD clinical trial of Fosgonimeton to treat Alzheimer's disease.
Portfolio Pulse from Benzinga Newsdesk
Athira Pharma's stock is rising following the announcement that it will present results from its Phase 2/3 LIFT-AD clinical trial for Fosgonimeton, a treatment for Alzheimer's disease.
October 22, 2024 | 7:37 pm
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Athira Pharma's stock is experiencing an upward trend due to the upcoming presentation of its Phase 2/3 LIFT-AD trial results for Fosgonimeton, aimed at treating Alzheimer's disease.
The announcement of presenting clinical trial results is a significant event for biotech companies, often leading to stock price movements. Positive anticipation around the results of Fosgonimeton, a potential Alzheimer's treatment, is likely driving the stock higher.
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