Biohaven Stock Soars on Positive Results for Rare Neurological Disease Drug

Key Takeaways Biohaven said its experimental treatment for a rare neurological condition showed "a robust and clinically meaningful" slowing of the disease. The study of the drug troriluzole found a 50% to 70% slower rate of decline over three years for patients with spinocerebellar ataxia (SCA). The news sent Biohaven shares soaring 15% and moving into positive territory for the year. Biohaven (BHVN) shares soared 15% Monday after the biotech firm announced positive results from a study of its experimental ...