Biotech stocks showed a lack of direction in the week ending Nov. 19 before finishing modestly higher. Stocks did not have much meaningful catalysts to react to amid the winding down of the reporting season and ahead of the holiday week.
Arrowhead Pharmaceuticals Inc. (NASDAQ:ARWR) today announced additional Phase 1/2 clinical data on ARO-APOC3, the company's investigational RNA interference (RNAi) therapeutic targeting apolipoprotein C-III (APOC3)
Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) today announced that it has filed an application for clearance to begin a Phase 1/2a clinical trial of ARO-C3, the company's investigational RNA interference (RNAi) therapeutic being developed as a treatment for patients with various complement mediated diseases.
HC Wainwright & Co. analyst Patrick Trucchio maintains Arrowhead Pharmaceuticals (NASDAQ:ARWR) with a Buy and raises the price target from $95 to $100.
Shares of Arrowhead Pharmaceuticals (NASDAQ:ARWR) were flat in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were down 123.08% year over year to ($0.29), which missed the estimate of ($0.20).
Arrowhead Pharmaceuticals (NASDAQ:ARWR) reported quarterly losses of $(0.29) per share which missed the analyst consensus estimate of $(0.20) by 45 percent. This is a 123.08 percent decrease over losses of $(0.13) per