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ALT
NASDAQ Life Sciences

Altimmune Reports Positive Phase 2 RECLAIM Trial Results for Pemvidutide in Alcohol Use Disorder

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Biotech Stocks · Healthcare
Sentiment info
Positive
Importance info
8
Price
$3.44
Mkt Cap
$575.643M
52W Low
$2.56
52W High
$6.44
52W Position info
34% above low
Off High info
47% below high
Rel. Volume info
1.1× avg
Market data snapshot near publication time

ALT sits 34% above its 52-week low of $2.56.

Summary

Altimmune announced positive topline results from its Phase 2 RECLAIM trial for pemvidutide in alcohol use disorder, meeting its primary endpoint and key secondary endpoints, which significantly advances the drug's development.


Key Events · Product Development and Regulatory · ALT

  • Positive Phase 2 RECLAIM Trial Results

    Altimmune announced positive topline results from its RECLAIM Phase 2 trial evaluating pemvidutide 2.4 mg in patients with moderate to severe alcohol use disorder (AUD).

  • Met Primary and Key Secondary Endpoints

    The trial met its primary endpoint with a highly statistically significant reduction in heavy drinking days per week versus placebo. Important secondary endpoints, including a two-level reduction in WHO Risk Drinking Level and zero heavy drinking days (both FDA registrational endpoints), were also met.

  • Favorable Safety Profile

    A generally favorable safety and tolerability profile was observed for pemvidutide in the trial.

  • Advancing to FDA Meeting

    The company plans to request an End-of-Phase 2 meeting with the FDA to discuss the path forward for pemvidutide in AUD, building on its existing Fast Track designation for this indication.


Analysis · ALT · Life Sciences

This filing announces highly positive topline results from the Phase 2 RECLAIM trial for pemvidutide in alcohol use disorder (AUD). Meeting the primary endpoint with statistical significance and showing positive results on FDA-recognized registrational secondary endpoints is a strong indicator of the drug's potential efficacy. Given the significant unmet need in AUD and pemvidutide's existing Fast Track designation for this indication, these results substantially strengthen Altimmune's pipeline and de-risk its lead candidate. The company's plan to request an End-of-Phase 2 meeting with the FDA signals progression towards a potential Phase 3 trial.

At the time of this filing, ALT was trading at $3.44 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $575.6M. The 52-week trading range was $2.56 to $6.44. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.

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ALT - Latest Insights

ALT
May 27, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $2.96
Real-time Price: $3.30 info
Change: +$0.3405 (+12%) info
Market Cap: $575.643M info
ALT
May 13, 2026, 4:21 PM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $2.99
Real-time Price: $3.30 info
Change: +$0.3105 (+10%) info
Market Cap: $575.643M info
ALT
May 13, 2026, 4:13 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $2.99
Real-time Price: $3.30 info
Change: +$0.3105 (+10%) info
Market Cap: $575.643M info
ALT
May 13, 2026, 4:04 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $3.02
Real-time Price: $3.30 info
Change: +$0.2805 (+9%) info
Market Cap: $575.643M info
ALT
May 13, 2026, 7:34 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $3.11
Real-time Price: $3.30 info
Change: +$0.1955 (+6%) info
Market Cap: $575.643M info