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Stock Market & Financial Investment News

News Breaks
January 29, 2014
07:35 EDTPRTAProthena 2.77M share Secondary priced at $26.00
BofA/Merrill and Citigroup acted as joint book running managers for the offering.
News For PRTA From The Last 14 Days
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April 9, 2014
10:06 EDTPRTAOn The Fly: Analyst Initiation Summary
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08:08 EDTPRTAProthena initiated with a Buy at Citigroup
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April 8, 2014
16:10 EDTPRTAProthena says first human dosed in Phase 1 study of PRX002
Prothena (PRTA) announced the successful start of a Phase 1 clinical trial of its therapeutic monoclonal antibody candidate, PRX002, for the treatment of Parkinson's disease. Prothena has earned a $15M milestone payment from Roche (RHHBY) related to the initiation of this study. The initial Phase 1 clinical trial of PRX002 is a randomized, double-blind, placebo-controlled, single ascending dose study in healthy subjects. It is designed to assess PRX002 for safety, tolerability, pharmacokinetics and immunogenicity. As previously announced in December 2013, Prothena entered into a worldwide collaboration with Roche to develop and commercialize antibodies that target α-synuclein, including PRX002. Including the current milestone payment, Prothena has now achieved a total of $45M through its worldwide PRX002 collaboration with Roche.

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