As election storm gathered, Arrowhead drops word about a clinical hold
As everyone’s attention was being commanded by the big presidential vote Tuesday night, Arrowhead Pharmaceuticals $ARWR chose to put out word that its lead program has been put on hold by the FDA.
The Pasadena, CA-based biotech says that regulators clamped down on the Phase II for ARC-520, its treatment for hepatitis B, after the deaths of primates in an ongoing toxicology study. That study involved higher doses than what is being used in human studies, using its EX1 delivery vehicle. Arrowhead did not explain how many of the primates died, but said investigators did not know what caused the deaths, which are under investigation.
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