Athira Pharma, Inc. Stock Price, News & Analysis

Athira Pharma, a late clinical-stage biopharmaceutical company listed on NASDAQ under the symbol ATHA, announced that its President and CEO, Leen Kawas, Ph.D., will present at the 39th Annual J.P. Morgan Conference on January 14, 2021, at 2:50 p.m. ET. The presentation will focus on the company's pipeline and innovations aimed at restoring neuronal health and combating neurodegeneration.

A live webcast will be available on the company's investor website, with an archived replay accessible for 90 days post-presentation.

Athira Pharma (NASDAQ: ATHA) announced the appointment of Kelly A. Romano to its Board of Directors. Romano, founder of BlueRipple Capital, brings over 30 years of experience in technology and operations, previously serving at United Technologies Corp. Her addition aims to support Athira's goal of advancing ATH-1017 for Alzheimer’s disease in clinical trials. Athira’s efforts focus on developing treatments that restore neuronal health, with promising clinical data for ATH-1017 noted. The company emphasizes ongoing commitment to patient care in neurodegenerative diseases.

Athira Pharma (NASDAQ: ATHA) has received a $15 million research grant from the National Institute on Aging to support the ACT-AD Phase 2 clinical trial for its lead candidate, ATH-1017, targeting mild-to-moderate Alzheimer's disease. This grant emphasizes the federal commitment to advancing innovative research in cognitive health. The ACT-AD trial will assess ATH-1017's impact on cognitive functions using quantitative EEG and other metrics. ATH-1017 aims to enhance brain health by targeting Hepatocyte Growth Factor and its receptor, MET.

Athira Pharma (NASDAQ: ATHA) has initiated patient dosing in the Phase 2 ACT-AD clinical trial, focusing on its drug ATH-1017 for mild-to-moderate Alzheimer’s disease. This randomized, placebo-controlled study will enroll around 75 participants across the US and Australia, evaluating cognitive improvements over 26 weeks. The trial aims to use EEG measures to assess brain function, building on previous data from the LIFT-AD trial. Athira aims to leverage this innovative approach to advance their treatment options for Alzheimer’s and potentially other dementias.

Athira Pharma (NASDAQ: ATHA) announced significant developments in their LIFT-AD clinical trial for ATH-1017, focusing on mild-to-moderate Alzheimer’s disease. The trial is actively enrolling patients, and dosing has commenced. As of September 30, 2020, the company reported a robust cash position of $259.9 million, a notable increase from $85.2 million in June 2020. R&D expenses rose to $5.8 million due to clinical trial preparations, while G&A expenses increased to $1.6 million. The net loss for Q3 2020 was $8.5 million, or $1.12 per share.

Athira Pharma (NASDAQ: ATHA), a clinical-stage biopharmaceutical company, announced participation by Dr. Leen Kawas and Dr. Hans Moebius in upcoming investor conferences. They will present at the Stifel 2020 Virtual Healthcare Conference on November 18, 2020, and at the Jefferies Virtual London Healthcare Conference on November 19, 2020. Live webcasts of both events will be available through the Athira website, with archived replays accessible for 90 days after the presentations. Athira focuses on developing small molecules aimed at restoring neuronal health and treating neurodegenerative diseases.

Athira Pharma (NASDAQ: ATHA) is hosting a webinar on October 28 at 1 p.m. PT to discuss the P300 testing method's role in assessing cognitive functioning related to Alzheimer's disease. Featured speakers include Larry Ereshefsky and Leen Kawas, who will delve into the P300 latency measurement and its links to cognitive outcomes in patients undergoing ATH-1017 treatment. The event will be accessible via Athira's investor website, with a replay available for 30 days post-event.

Lumen Bioscience announced the appointment of Mark Litton, PhD, MBA, Chief Operating Officer of Athira Pharma (NASDAQ: ATHA), to its Board of Directors. With over two decades in life sciences, including experience as co-founder and Chief Business Officer at Alder BioPharmaceuticals, Dr. Litton brings valuable expertise in strategic growth and financing. Lumen is focused on developing biologic drugs for diseases lacking effective treatments, utilizing innovative drug development technologies aimed at reducing costs and improving access.

Athira Pharma (NASDAQ: ATHA) has commenced patient dosing in its Phase 2/3 clinical trial for ATH-1017, aimed at treating mild-to-moderate Alzheimer’s disease. The trial, named LIFT-AD, will enroll approximately 300 patients in the U.S. and Australia. Previous studies indicated positive effects of ATH-1017 on brain function. This randomized, placebo-controlled trial will evaluate safety and efficacy by measuring cognition and global assessments over a 26-week period. ATH-1017 targets network recovery in the brain, potentially offering new hope for Alzheimer's treatment.