Previous close | 23.05 |
Open | N/A |
Bid | 23.20 |
Ask | 23.90 |
Strike | 25.00 |
Expiry date | 2024-11-15 |
Day's range | 11.45 - 23.05 |
Contract range | N/A |
Volume | |
Open interest | 12 |
Aerovate's (AVTE) shares plunge 93% as its lead candidate, AV-101, fails to meet the primary and secondary endpoints in the phase IIb/III study to treat pulmonary arterial hypertension patients.
The company said its blood pressure drug failed in Phase 2 testing. The drug is its sole asset, according to Jefferies analysts.
Aerovate Therapeutics said Monday its experimental blood pressure medicine failed in Phase 2 testing, and the biotech stock plummeted 93%.