Shares of biotech firm Arvinas ARVN.O rise 2% to $12.22 premarket
Co says its experimental drug ARV-102 reduced markers linked to Parkinson's - a progressive brain disorder affecting movement, memory and sleep - in a small, early-stage trial
Adds the once-daily pill cut levels of LRRK2, a protein that builds up in Parkinson's patients' spinal fluid, by about half in 28 days
Says the trial also showed reductions in markers associated with inflammation and cell damage, linked to Parkinson's disease and the rare, rapidly progressive brain disorder PSP
Adds no serious side effects were reported and all adverse events were mild
Co plans to start a new trial for PSP in the second quarter of 2026, pending regulatory feedback
ARVN shares up 1.26% YTD vs. a ~38% decline in 2025