Biohaven Stock Slides More Than 8% on Drug Trial Failure

Biohaven Stock Slides More Than 8% on Drug Trial Failure

Source: 
Motley Fool
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Biohaven's (NYSE:BHVN) drug candidate troriluzole failed to meet its primary endpoint in a phase 4 clinical trial, the company said in a press release Monday. Troriluzole was being evaluated for the treatment of generalized anxiety disorder (GAD), but the results showed that it was no more effective than a placebo.