Avanir jumps 85% on Alzheimer's data despite lack of details
This article was originally published in Scrip
Executive Summary
Avanir Pharmaceuticals closed up 85.3% at $12.49 per share on 15 September after AVP-923 significantly reduced agitation associated with Alzheimer's disease in a 220-patient Phase II clinical trial even though the company did not disclose detailed safety and efficacy results.
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