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Why Is Adial Pharmaceuticals (ADIL) Up 61% Today?
ADILAdial Pharmaceuticals(ADIL) Investor Place·2024-07-23 16:00

Adial Pharmaceuticals (NASDAQ:ADIL) stock is rocketing higher on Tuesday after the clinical-stage biopharmaceutical company announced an update on its AD04 study.Adial Pharmaceuticals notes that AD04 is progressing to a second cohort in its pharmacokinetics study. This comes after the success of its first cohort as a treatment for Alcohol Use Disorder (AUD).Adial Pharmaceuticals notes that this study started last month and is expected to reach completion during the fourth quarter of this year. The data from ...