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AARD
NASDAQ Life Sciences

Aardvark Therapeutics Pauses Lead Phase 3 Drug Trial Over Cardiac Safety Signals

Reported by GlobeNewswire
Sentiment info
Negative
Importance info
9
Price
$4.065
Mkt Cap
$88.508M
52W Low
$4.01
52W High
$17.94
Market data snapshot near publication time

Summary

Aardvark Therapeutics announced a voluntary pause in enrollment and dosing for its Phase 3 HERO and OLE trials evaluating ARD-101 for Prader-Willi Syndrome, as well as its ARD-201 obesity program. This decision follows unexpected, reversible cardiac QRS prolongation observed in a separate healthy volunteer study, particularly at high doses. This is a significant setback for the clinical-stage biopharmaceutical company, introducing substantial uncertainty and delays for its lead pipeline candidates. While the company notes the effects were reversible and dose-dependent, the halt of a Phase 3 trial due to safety concerns creates considerable regulatory risk. Investors will be closely watching for further guidance from the company and the FDA, expected in Q2 2026, which will be a critical catalyst.

At the time of this announcement, AARD was trading at $4.07 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $88.5M. The 52-week trading range was $4.01 to $17.94. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.


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AARD
May 21, 2026, 9:00 AM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $4.37
Real-time Price: $3.59 info
Change: -$0.780 (-18%) info
Market Cap: $78.321M info
AARD
May 14, 2026, 4:15 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $6.10
Real-time Price: $3.59 info
Change: -$2.51 (-41%) info
Market Cap: $78.321M info
AARD
May 07, 2026, 9:32 AM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $5.72
Real-time Price: $3.59 info
Change: -$2.13 (-37%) info
Market Cap: $78.321M info
AARD
May 07, 2026, 9:28 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $5.81
Real-time Price: $3.59 info
Change: -$2.22 (-38%) info
Market Cap: $78.321M info
AARD
May 07, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $5.81
Real-time Price: $3.59 info
Change: -$2.22 (-38%) info
Market Cap: $78.321M info
AARD
Apr 03, 2026, 4:05 PM EDT
Filing Type: 424B5
Importance Score:
9
Price at Filing: $4.36
Real-time Price: $3.59 info
Change: -$0.770 (-18%) info
Market Cap: $78.321M info
AARD
Mar 23, 2026, 6:30 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $4.00
Real-time Price: $3.59 info
Change: -$0.4126 (-10%) info
Market Cap: $78.321M info
AARD
Mar 23, 2026, 5:10 PM EDT
Filing Type: S-3
Importance Score:
9
Price at Filing: $4.14
Real-time Price: $3.59 info
Change: -$0.550 (-13%) info
Market Cap: $78.321M info
AARD
Mar 23, 2026, 4:45 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $4.14
Real-time Price: $3.59 info
Change: -$0.550 (-13%) info
Market Cap: $78.321M info
AARD
Mar 23, 2026, 4:19 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $4.14
Real-time Price: $3.59 info
Change: -$0.550 (-13%) info
Market Cap: $78.321M info