In May, Cassava Sciences (NASDAQ:SAVA) stock was down as much as 75% after management revealed that its experimental drug sumifilam did not meet its phase 2 study's primary endpoints for targeting Alzheimer's disease. If FDA grants an approval, it means the agency has determined that the benefits of the product outweigh the known risks for the intended use.
If investors are looking for a company with a promising Alzheimer's drug, they should at least make sure it's a large-cap pharma in case its clinical trials turn sour. U.S. Veterans with Decreased Renal Function Shown to Be at Higher Risk for Adverse Cardiovascular Events if They Have Moderately Elevated Triglyceride (TG) Levels Despite Well-Controlled... Amarin to Report Third Quarter 2020 Results and Host Conference Call on November 5, 2020. The phase 2 clinical trial was too small and short to prove that sumifilam can be a game-changer. H.C. Wainwright analyst Vernon Bernardino upgraded Cassava Sciences to Buy from Neutral with a $20 price target. Developed by Claudel Pharmaceuticals, Scenesse is administered as a 16mg controlled-release injectable implant, designed to provide protection for up to 60 days. If investors are looking for a company with a promising Alzheimer's drug, they should at least make sure it's a, Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Cassava Sciences Stock a Buy? Investing in healthcare and cannabis is his passion, as well as looking out for new, actionable stock investment ideas in these sectors. Many of these products contain active moieties that have not been approved by FDA previously, either as a single ingredient drug or as part of a combination product; these products frequently provide important new therapies for patients. Fourth-line GIST, CLVS – Clovis Oncology Inc. In this study, sumifilam treatment over 28 days improved an entire panel of validated biomarkers of Alzheimer's disease, decreased measurements of neuroinflammation, showed a 98% responder rate, was safe and well-tolerated, and appears to benefit cognition. The other biomarkers that responded to sumifilam may not transition into a clinical benefit either. Does Cassava Sciences Have the Alzheimer's Disease Drug We've Been Waiting For? Nasdaq: SAVA. by The Fold, Keep your ear to the ground with our FREE newsletter including our watch list, weekly review and daily updates. Members of CTAD's scientific committee select research abstracts for late-breaking, oral presentation based on medical and scientific significance, quality of data and methodology. With its understanding of the science used to create new products, testing and manufacturing procedures, and the diseases and conditions that new products are designed to treat, CDER provides scientific and regulatory advice needed to bring new therapies to market. Stock quotes by finanzen.net. When it comes to innovation in the development of new drugs and therapeutic biological products, FDA’s Center for Drug Evaluation and Research (CDER) supports the pharmaceutical industry at every step of the process. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life.
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