Latest Headlines

Latest Headlines

Acadia craters as takeover buzz is silenced by (another) NDA delay, CEO exit

San Diego-based Acadia Pharmaceuticals put out word on Wednesday evening that it is delaying its expected NDA for pimavanserin from Q1 back to some time in the second half of this year. And the company says its CEO is out the door.

Acadia soars as FDA green-lights a late-stage shortcut for Parkinson's drug

Shares of Acadia Pharmaceuticals shot up 44% this morning after the San Diego-based biotech announced that the FDA had signed off on a new timeline allowing the biotech to skip a confirmatory late-stage study for their Parkinson's psychosis drug pimavanserin and move straight ahead with a new drug application after tying up some loose ends in the clinic.

Bullish Acadia surges on PhIII data for Parkinson's drug

Shares of San Diego-based Acadia Pharmaceuticals surged 28% this morning after the biotech spelled out some of its Phase III data on pimavanserin, its experimental therapy for treating psychosis in Parkinson's patients.

UPDATED: Acadia soars after Parkinson's drug makes a comeback with promising PhIII

Acadia Pharmaceuticals heralded positive pivotal data for its late-stage Parkinson's contender pimavanserin this morning, marking a big turnaround or a program that had spurred more doubt than hope when a similar Phase III effort was scuttled by a big placebo effect back in 2009.

Acadia, Biovail end Parkinson's drug deal

Acadia Pharmaceuticals and Biovail, a subsidiary of Valeant Pharmaceuticals, said this morning that they have ended the collaboration agreement on pimavanserin, a drug for Parkinson's. Last year the

Acadia shares tank after Parkinson's drug flunks Phase III

The placebo effect has scuttled the late-stage study of an experimental Parkinson's therapy being co-developed by Acadia Pharmaceuticals and Biovail, and the news immediately triggered a meltdown in

Acadia shares up on pimavanserin speculation

Speculation on as yet unreleased data from a late stage trial of Acadia Pharmaceuticals' experimental drug for Parkinson's disease psychosis has fueled unexpectedly heavy activity among investors on

Acadia inks $395 million development deal

Acadia Pharmaceuticals will pocket $30 million upfront and stands to earn another $365 million in milestones from Biovail as they pursue an approval for a late-stage drug designed to treat

Acadia slashes staff, focuses on four candidates

Acadia Pharmaceuticals will slash funding for early-stage development as it lays off 65 employees and concentrates on the advancement of its four most promising programs. Acadia had 143 staffers at

Acadia shares plunge on mid-stage trial failure

Shares of Acadia Pharmaceuticals went into free fall this morning after the company announced that one of its schizophrenia drug candidates failed a mid-stage trial. Researchers said that ACP-104 was