11:47 ET - Biohaven still has strong potential despite a Phase 2 study of BHV-7000 not meeting its primary endpoint to treat depression, Raymond James analysts say. The analysts continue to rate the stock as a strong buy because they are focused on Biohaven's plans to develop BHV-7000 to treat epilepsy. BHV-7000 has a lot of promise as an epilepsy treatment, including a potentially best-in-class safety profile compared with competitor azetukalner, the analysts say. Biohaven plans to share data in January and have its first pivotal readout for epilepsy in the first half of 2026, which the analysts think will boost its near-term value. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
December 26, 2025 11:47 ET (16:47 GMT)
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