Aardvark Therapeutics (AARD) Scrutinized Again After FDA Hold on Lead Drug Candidate, May Announcement Drives Stock 32% Lower - Hagens Berman
On May 15, 2026, Aardvark Therapeutics shares fell 32% ($2.16) after the FDA placed a clinical hold on the company's Prader-Willi Syndrome drug candidate.
Why it matters — The FDA clinical hold on Aardvark's lead drug candidate represents a significant regulatory setback for the company's primary pipeline asset.