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TRGT (MM)

0.9601
0.00 (0.00%)
31 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:TRGT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.9601 0 01:00:00

AstraZeneca To Start Phase IIB Study Of AZD3480

08/07/2009 2:40pm

Dow Jones News


Targacept (NASDAQ:TRGT)
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Drug maker AstraZeneca PLC (AZN.LN) Wednesday said it intends to start phase IIb studies of AZD3480 in attention deficit hyperactivity disorder, or ADHD.

The company said it has agreed to make a $10 million milestone payment to Targacept Inc. (TRGT).

AstraZeneca said it plans to continue development of AZD1446 for Alzheimer's disease, which is currently in phase one and was discovered in the ongoing AstraZeneca-Targacept research collaboration.

In Alzheimer's disease, development of AZD1446 has been prioritized over further development of AZD3480, AstraZeneca said.

Company Web site: www.astrazeneca.com

-By Jason Douglas, Dow Jones Newswires; 44-20-7842-9272; jason.douglas@dowjones.com

 
 

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