H.C. Wainwright Downgrades Aviragen Therapeutics (AVIR) to Neutral

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Ladenburg Thalmann Downgrades Aviragen (AVIR) to Neutral

February 14, 2017 8:30 AM EST

Ladenburg Thalmann downgraded Aviragen (NASDAQ: AVIR) from Buy to Neutral.

For an analyst ratings summary and ratings history on Aviragen click here. For more ratings news on Aviragen click here.

Shares of Aviragen closed at $1.08 yesterday.

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Aviragen Therapeutics' (AVIR) Phase 2b SPIRITUS Trial of Vapendavir Fails

February 13, 2017 4:02 PM EST

Aviragen Therapeutics (NASDAQ: AVIR), a company focused on the discovery and development of the next generation of direct-acting antivirals to treat infections that have limited therapeutic options, today announced top-line data from its Phase 2b SPIRITUS trial, a multi-center, randomized, double-blind, placebo-controlled, dose-ranging study of vapendavir in moderate to severe asthmatics with a rhinovirus (RV) infection. Vapendavir did not demonstrate a statistically significant reduction in the asthma control questionnaire-6 (ACQ-6) at day 14, the primary endpoint, for either the 264 mg or 528 mg cohorts compared to placebo.

We are disappointed that the... More