Acadia Pharmaceuticals Stock Surges After Positive Regulatory News
Acadia Pharmaceuticals (ACAD) stock rose by over 12% on Friday after the European Medicines Agency's CHMP recommended approval for its drug Daybue to treat neurobehavioral symptoms of Rett syndrome in Europe. This could expand Acadia’s market and potentially boost revenue from a treatment already generating $101 million in Q1 sales.

Tickers: $ACAD
Topics: Daybue European Medicines Agency (EMA) neurobehavioral symptoms Rett syndrome