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UPDATE: Needham & Company Upgrades Acadia Pharmaceuticals (ACAD) to Buy, $9 Price Target

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Acadia Pharma (ACAD) Met Primary Endpoint in Pimavanserin Phase III

November 27, 2012 7:27 AM EST

Acadia Pharmaceuticals, Inc. (NASDAQ: ACAD) announced successful top-line results from its pivotal Phase III trial evaluating the efficacy, tolerability and safety of pimavanserin in patients with Parkinsons disease psychosis (PDP). Pimavanserin is ACADIAs proprietary, non-dopaminergic product candidate that selectively blocks serotonin 5-HT2A receptors. Pimavanserin met the primary endpoint in the Phase III trial by demonstrating highly significant antipsychotic efficacy as measured using the 9-item SAPS-PD scale (p=0.001). Pimavanserin also met the key secondary endpoint for motoric tolerability as measured using Parts II and III of the Unified Parkinsons Disease Rating Scale,... More

Acadia Pharma (ACAD) Halted Ahead of Pivotal Pimavanser Phase III Presentation

November 27, 2012 7:25 AM EST

Acadia Pharmaceuticals, Inc. (NASDAQ: ACAD) shares are halted Tuesday morning ahead of the company's conference call and webcast to present the top-line results from its pivotal Phase III trial with pimavanserin in patients with Parkinsons disease psychosis (PDP).

The... More

Acadia Pharmaceuticals (ACAD) Jumps Ahead of Data Presentation

November 26, 2012 5:47 PM EST

Shares of Acadia Pharmaceuticals, Inc. (NASDAQ: ACAD) are up 6.5 percent after-hours Monday after the company announced that it will host a conference call and webcast at 8:00 a.m. Eastern Time on Tuesday, November 27, 2012 to present the top-line results from its pivotal Phase III trial with... More