Welcome to our dedicated page for Biohaven news (Ticker: BHVN), a resource for investors and traders seeking the latest updates and insights on Biohaven stock.
Biohaven Ltd. (NYSE: BHVN) is a clinical-stage biopharmaceutical company whose news flow centers on progress across its immunology, obesity, neuroscience and oncology pipelines. Company updates frequently cover clinical trial readouts, regulatory interactions, financing events and scientific presentations that shape the outlook for its drug development platforms.
Investors and followers of BHVN news can expect detailed announcements on Biohaven’s Kv7 ion channel modulation programs, including opakalim in refractory focal epilepsy and major depressive disorder, as well as updates on the MoDE™ and TRAP™ extracellular degrader platforms targeting immune-mediated diseases such as IgA nephropathy and Graves’ disease. News releases also highlight the advancement of taldefgrobep alfa, a myostatin-activin pathway inhibitor in obesity and SMA, and BHV-8000, a brain-penetrant TYK2/JAK1 inhibitor in pivotal studies for early Parkinson’s disease.
Biohaven’s oncology news often focuses on early clinical data from its next-generation antibody-drug conjugates, including BHV-1510, a Trop2-directed ADC, and BHV-1530, an FGFR3-directed ADC, with reports of tumor responses, safety profiles and combination strategies with checkpoint inhibitors. Additional coverage includes regulatory milestones such as the FDA Complete Response Letter for VYGLXIA (troriluzole) in spinocerebellar ataxia and the company’s stated plans for further regulatory dialogue.
Capital markets and corporate updates—such as public offerings of common shares, at-the-market transactions, portfolio reprioritization and cost-optimization measures—also feature prominently in BHVN news. Readers who monitor this stream gain insight into Biohaven’s evolving clinical strategy, key upcoming milestones and how the company allocates resources across its late-stage programs.
Biohaven Pharmaceutical (BHVN) announced that over 50% of participants have been enrolled in the verdiperstat regimen of the HEALEY ALS Platform Trial, aimed at evaluating potential treatments for amyotrophic lateral sclerosis (ALS). Verdiperstat, a selective inhibitor of myeloperoxidase, is being developed for neurodegenerative diseases, including ALS. The trial involves approximately 160 adults, assessing efficacy based on changes in disease severity over 24 weeks. Despite the COVID-19 challenges, enrollment is proceeding efficiently, highlighting collaboration with the ALS research community.
Biohaven Pharmaceutical (NYSE: BHVN) announced that the Israeli Ministry of Health approved NURTEC® ODT (rimegepant) for the acute treatment of migraine in adults, marking its first regulatory approval outside the U.S. This fast-acting, orally disintegrating tablet offers pain relief within one hour and sustained efficacy lasting up to two days. The approval was achieved through a strategic partnership with Medison Pharma, enhancing access for migraine patients in Israel. NURTEC ODT is not indicated for preventive treatment or for patients with severe renal or hepatic impairment.
Biohaven Pharmaceutical (NYSE: BHVN) reported a strong Q4 2020, with net product revenues from NURTEC ODT reaching $35.1 million, a 98% increase from Q3. Full-year revenues totaled $63.6 million following the product's FDA approval in February 2020. Despite pandemic challenges, NURTEC ODT's market growth reflects unmet patient needs in migraine treatment. The company also submitted an EU marketing application for rimegepant for acute and preventive migraine treatment. Full-year net loss was $766.8 million, with R&D expenses of $229 million, while SG&A expenses surged to $462.3 million.
Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN) will host a conference call on March 1, 2021, at 8:30 a.m. ET to discuss its fourth quarter and full year 2020 financial results and recent business developments. Investors can access the call via phone or through the company’s website. Biohaven specializes in innovative therapies for neurological and neuropsychiatric conditions, with an FDA-approved product, NURTEC® (rimegepant), and a promising pipeline targeting migraine, OCD, and more.
Biohaven Pharmaceutical Holding Company (NYSE: BHVN) announced promising results for BHV-1200, a hyperimmune globulin mimic developed using its MATE platform, demonstrating its ability to neutralize SARS-CoV-2 and variants B.1.1.7 and B.1.351. Preliminary tests showed significant reduction in viral entry into cells. The development of this COVID-19 treatment has garnered support from the Bill and Melinda Gates Foundation. The CEO expressed excitement about advancing BHV-1200 into clinical trials, highlighting its potential advantages over existing therapies.
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Biohaven Pharmaceutical holds announced preliminary net product revenue of $35 million for NURTEC ODT in Q4 2020, a staggering 98% increase compared to Q3. Total prescriptions for 2020 exceeded 337,000 with over 24,000 unique prescribers. The revenue projection is preliminary and based on unaudited data. CEO Vlad Coric highlighted strong market momentum despite pandemic challenges, noting positive feedback from patients and physicians. NURTEC ODT, a CGRP receptor antagonist, was FDA-approved for migraine treatment in February 2020 and launched in March.
Biohaven Pharmaceuticals (NYSE:BHVN) has signed Cody Ware to pilot the Nurtec® ODT #51 Chevrolet Camaro for the 2021 NASCAR Cup Series season. The partnership kicks off at the DAYTONA 500 on February 14. Ware, who has personal experience with migraines, aims to raise awareness about the condition and Nurtec ODT, the first and only FDA-approved CGRP receptor antagonist in an orally disintegrating tablet form for acute migraine treatment. Biohaven's CEO expressed excitement about this collaboration, highlighting the importance of effective migraine treatments.
Biohaven Pharmaceutical (BHVN) announced the results of its Phase 2/3 trial of troriluzole for treating mild-to-moderate Alzheimer's disease. The drug did not show a statistically significant difference from placebo on co-primary endpoints at 48 weeks. However, a subgroup analysis indicated a non-significant numerical benefit in mild AD patients. Full results, including additional biomarker analyses, will be available soon. The treatment was well-tolerated, prompting plans for an amendment to the ongoing long-term study to gather more data.
Biohaven Pharmaceutical (NYSE: BHVN) announced its acquisition of the remaining 58% stake in Kleo Pharmaceuticals, enhancing its portfolio with innovative bispecific compounds for immunotherapy. The acquisition, valued at approximately $20 million, allows Biohaven to integrate Kleo's chemistry capabilities at the newly established Biohaven Labs in New Haven, Connecticut. Additionally, Biohaven secured an exclusive license from Yale University for a novel extracellular degrader technology. This strategic move positions Biohaven to expand its product development in oncology and autoimmune disorders.