Prothena hits 52-week low amid downgrades after late-stage trial setback

7 hours ago 1
An arrow pointing downwards on top of a pile of US dollar bills.

Shares of Prothena Corporation (NASDAQ:PRTA) lost ~31% to reach a new 52-week low on Tuesday after a late-stage trial for its lead asset, birtamimab, failed to reach the main goal in patients with a rare blood disorder called AL amyloidosis, prompting Oppenheimer and Jefferies

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