Athira Pharma's Alzheimer's Candidate Fails To Improve Cognition And Function In Patients With Mild/Moderate Disease, Stock Sinks [Yahoo! Finance]
Athira Pharma, Inc. (ATHA)
Company Research
Source: Yahoo! Finance
A -0.08 change in GST (the Global Statistical Test, a combination of results from measures of cognition (ADAS-Cog11) and function (ADCS-ADL23) favoring fosgonimeton that did not reach statistical significance (p=0.70) The change in cognition from baseline, for which a decrease from baseline represents an improvement, was -0.39 for the placebo group and -1.09 for the fosgonimeton-treated group, a difference of -0.70 (p=0.35) favoring fosgonimeton. In the fosgonimeton-treated group, function increased (improved) by 0.65 versus a decline of -0.02 in placebo, although this difference did not meet statistical significance (p=0.61). In addition, data across protein pathology, inflammation, and neurodegeneration biomarkers showed directional improvements with fosgonimeton treatment. “These are not the results we hoped for, as the lack of clinical decline in the placebo group, combined with the short duration of the study, may have impacted the trial's ability to translate the effect
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News
- Athira Pharma, Inc. (NASDAQ: ATHA) was downgraded by analysts at Mizuho from an "outperform" rating to a "neutral" rating. They now have a $0.50 price target on the stock, down previously from $5.00.MarketBeat
- Athira Pharma to Focus on Advancement of ATH-1105 for the Treatment of Neurodegenerative DiseasesGlobeNewswire
- Athira Pharma, Inc. (NASDAQ: ATHA) was downgraded by analysts at Rodman & Renshaw from a "buy" rating to a "neutral" rating.MarketBeat
- Athira Pharma, Inc. (NASDAQ: ATHA) was downgraded by analysts at BTIG Research from a "buy" rating to a "neutral" rating.MarketBeat
- Athira Pharma, Inc. (NASDAQ: ATHA) was downgraded by analysts at JMP Securities from an "outperform" rating to a "market perform" rating.MarketBeat
ATHA
Earnings
- 5/15/24 - Beat
ATHA
Sec Filings
- 9/17/24 - Form 8-K
- 9/5/24 - Form 144
- 9/5/24 - Form 4
- ATHA's page on the SEC website