US Stock Market Move | Withdrawal of experimental drug riluzole application in the EU market leads to a 21% drop in Biohaven (BHVN.US) stock.

date
25/04/2025
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GMT Eight
On Friday, Biohaven (BHVN.US) plunged during trading hours, with the decline widening to 21% at one point, and is now trading at $20.62.
On Friday, Biohaven (BHVN.US) plunged during trading, with the decline reaching 21% at one point, and is now trading at $20.62. On the news front, the company has withdrawn its application for the experimental drug Troriluzole in the EU market. This drug has been studied as a potential treatment for Machado-Joseph disease, OCD, and glioblastoma.