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home / news releases / BIVI - BioVie continues hot streak following Alzheimer's data; up 47%

BIVI - BioVie continues hot streak following Alzheimer's data; up 47%

BioVie Inc.
  • BioVie ( NASDAQ: BIVI ), which has been on a tear since releasing additional data from a Phase 2 trial for its Alzheimer's candidate NE3107 on Tuesday, is closed up 54% Wednesday.
  • The stock is up ~76% since Monday's close.
  • An analysis of blood samples showed a potential impact on biomarkers of aging-related diseases associated with the candidate.
  • Oppenheimer's Jay Olson increased his probability of success for NE3107 to 60% for Alzheimer's and 30% for Parkinson's.
  • He also raised his price target to $12 from $9.

For further details see:

BioVie continues hot streak following Alzheimer's data; up 47%
Stock Information
Company Name: BioVie Inc.
Stock Symbol: BIVI
Market: NASDAQ
Website: biovieinc.com
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