Biohaven falls after depression drug fails mid-stage trial
ReutersDec 24, 2025 6:43 PM
Shares of drugmaker Biohaven BHVN.N fall 16% to $9 in extended trading
Co says its drug, BHV-7000, did not meet the main goal of reduction of depressive symptoms in patients with major depressive disorder
The drug was being studied in a proof-of-concept mid-stage study
BHVN says it is not planning additional psychiatric clinical trials to keep resources focused on key priority areas of immunology, obesity and epilepsy in 2026
Up to last close, stock down 71% YTD
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