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Arrowhead Research (ARWR) PT Lowered to $5 at Jefferies Following Clinical Hold

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Arrowhead Research (ARWR) Announces FDA Clinical Hold Placed on Heparc-2004 Study

November 9, 2016 6:41 AM EST

Arrowhead Pharmaceuticals, Inc. (Nasdaq: ARWR) is providing an update on its Heparc-2004 clinical study of ARC-520, its therapeutic candidate under clinical investigation for the treatment of chronic hepatitis B virus (HBV) infection. Heparc-2004 is a multicenter, randomized, double-blind, placebo-controlled, multi-dose study of ARC-520, which is currently being performed in up to 12 patients in the United States under an Investigational New Drug (IND).

Arrowhead was notified today verbally by the United States Food & Drug Administration (FDA) of its decision to place a clinical hold on Heparc-2004. The study is on hold while the... More