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Axovant Sciences (AXON) Shares Resume Trading, Look to Bounce Higher

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Axovant Sciences (AXON) says Lunbeck study failure was expected - Bloomberg

September 22, 2016 3:40 PM EDT

Axovant Sciences (NYSE: AXON) says Lunbeck study failure in Alzheimer's disease was expected, according to Bloomberg, citing a company email.

Axovant noted that weak efficacy in phase 3 wasn't surprising.

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Baird Defends Axovant Sciences (AXON) After Lundbeck; No Change to Outlook

September 22, 2016 1:35 PM EDT

Baird analyst Brian Skorney came out to defend Axovant Sciences (NYSE: AXON), which is getting slammed on rival Lundbeck top-line results.

Skorney commented, "Lundbeck reported failure of Phase 3 STARSHINE trial of idolapirdine, a 5-HT6 antagonist, sending shockwaves through Axovant's stock. However, we... More

Axovant Sciences (AXON) Sinks as Lundbeck 5-HT6 antagonist Fails

September 22, 2016 12:11 PM EDT

Axovant Sciences (NYSE: AXON) weakens on news Lundbeck 5-HT6 antagonist fails in Alzheimer's Phase III. Adam Feuerstein notes on Twitter that AXON also has a 5-HT6 antagonist.

Watch $AXON for reaction. Also developing a 5-HT6 antagonist in Alzheimers. https://t.co/j0sd2NAZBz

— Adam Feuerstein (@adamfeuerstein) September 22, 2016


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Axovant Sciences (AXON) trading paused for volatility

September 22, 2016 12:10 PM EDT

Axovant Sciences (NYSE: AXON) trading paused for volatility.

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