BUZZ-Aardvark Therapeutics falls after pausing late-stage rare disease trial

Reuters

02/28

BUZZ-<a href="https://laohu8.com/S/AARD">Aardvark Therapeutics</a> falls after pausing late-stage rare disease trial

** Shares of drug developer Aardvark Therapeutics AARD.O fall 47.2% to $6.58 aftermarkets

** Co says it is voluntarily pausing its late-stage trial testing its experimental treatment for a type of rare genetic disease

** Says decision was made after it found heart-related side effects during safety monitoring in a healthy volunteer study in patients receiving higher‑than‑planned doses of the treatment

** Says no longer anticipates announcing topline data from the trial in the third quarter of 2026

** Stock has fallen 12.6% since its Nasdaq debut last year

(Reporting by Sneha S K)

((Sneha.SK@thomsonreuters.com;))

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