Alder BioPharma (ALDR) Tops Q3 EPS by 15c

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Alder BioPharmaceuticals Announces Third Quarter 2016 Financial and Operating Results

October 27, 2016 4:02 PM EDT

Company Finalizes ALD403 Pivotal Program Design and Confirms Planned Initiation of PROMISE 2 Phase 3 Study in 2016

Top-Line ALD403 PROMISE 1 Phase 3 Data Expected in First Half of 2017 

BOTHELL, Wash., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Alder BioPharmaceuticals, Inc. (NASDAQ: ALDR), a clinical-stage biopharmaceutical company developing monoclonal antibody therapeutics, today announced its financial results for the third quarter ended Sept. 30, 2016, and provided a corporate and clinical update.

As part of this update, the company reported positive outcomes from discussions with the U.S. Food and Drug Administration (FDA)... More