Hoth Therapeutics Shares Rally on Positive Alzheimer's Pre-clinical Study Data

Dow Jones

2024/09/17

By Michael Susin

Hoth Therapeutics shares rose on Tuesday after the company said early clinical data of its therapeutic HT-ALZ suggested a potential "breakthrough" in the treatment of Alzheimer's disease.

Shares in premarket trading were up nearly 15% to $1.16. On a year-to-date basis, shares are down nearly 30%.

The New York-based biopharmaceutical company said that early observations of a pre-clinical study showed that HT-ALZ treated groups of mice presented notably fewer reactive astrocytes, the drivers of neurodegenerative diseases like Alzheimer's, when compared to the vehicle-treated group.

The company said these reductions corresponded with enhanced cognitive performance, adding that these results pointed to a potential breakthrough in the treatment of Alzheimer's.

Hoth Therapeutics said it plans to continue advancing HT-ALZ through further studies and clinical trials.

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires

September 17, 2024 09:14 ET (13:14 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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On a year-to-date basis, shares are down nearly 30%. \n</p>\n<p>\n  The New York-based biopharmaceutical company said that early observations of a pre-clinical study showed that HT-ALZ treated groups of mice presented notably fewer reactive astrocytes, the drivers of neurodegenerative diseases like Alzheimer's, when compared to the vehicle-treated group. \n</p>\n<p>\n  The company said these reductions corresponded with enhanced cognitive performance, adding that these results pointed to a potential breakthrough in the treatment of Alzheimer's. \n</p>\n<p>\n  Hoth <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> said it plans to continue advancing HT-ALZ through further studies and clinical trials. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Michael Susin at michael.susin@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 17, 2024 09:14 ET (13:14 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1167","symbol_name":"電子製造服務","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2468354356","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468354356","pubTimestamp":1726578840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hoth Therapeutics shares rose on Tuesday after the company said early clinical data of its therapeutic HT-ALZ suggested a potential \"breakthrough\" in the treatment of Alzheimer's disease.Shares in premarket trading were up nearly 15% to $1.16. 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On a year-to-date basis, shares are down nearly 30%. \n\n\n  The New York-based biopharmaceutical company said that early observations of a pre-clinical study showed that HT-ALZ treated groups of mice presented notably fewer reactive astrocytes, the drivers of neurodegenerative diseases like Alzheimer's, when compared to the vehicle-treated group. \n\n\n  The company said these reductions corresponded with enhanced cognitive performance, adding that these results pointed to a potential breakthrough in the treatment of Alzheimer's. \n\n\n  Hoth Therapeutics said it plans to continue advancing HT-ALZ through further studies and clinical trials. \n\n\n \n\n\n  Write to Michael Susin at michael.susin@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 17, 2024 09:14 ET (13:14 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}