FDA puts clinical hold on Aardvark’s IND

15 May 2026

California-based obesity-focused clinical-stage pharma Aardvark Therapeutics (Nasdaq: AARD) saw its shares tumble nearly 26% to $4.99, after it announced that the US Food and Drug Administration (FDA) has placed a full clinical hold on its investigational new drug application (IND) for ARD-101 related to the company’s previously announced voluntary pause.

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