BUZZ-Biohaven rises on positive early-stage antibody drug trial results

Reuters

2024/12/16

** Shares of drug developer Biohaven rise 2.7% to $39.5 premarket

** BHVN says its experimental drug, BHV-1300, reduced targeted Immunoglobulin G, a type of antibody, by more than 60% in an early-stage clinical trial

** BHVN partnered with Ypsomed to develop an autoinjector for BHV-1300, co says

** All 15 brokerages rate the stock "buy" or higher; their median PT is $63 - LSEG

** As of last close, stock has fallen ~10% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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