Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NasdaqCM - Nasdaq Real Time Price • USD Cassava Sciences, Inc. (SAVA) Follow Compare 1.3900 +0.0100 +(0.72%) At close: April 2 at 4:00:00 PM EDT 1.3300 -0.06 (-4.32%) After hours: April 2 at 7:58:41 PM EDT All News Press Releases SEC Filings Down -39.52% in 4 Weeks, Here's Why Cassava Sciences (SAVA) Looks Ripe for a Turnaround The heavy selling pressure might have exhausted for Cassava Sciences (SAVA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. Is the Future Bleak for SAVA Stock Following Another Setback? The failure of yet another late-stage study on its Alzheimer's disease candidate puts Cassava Sciences in a pickle with uncertain growth prospects. Cassava Sciences must face malicious prosecution lawsuit over Alzheimer's drug NEW YORK (Reuters) -The biotechnology company Cassava Sciences failed on Wednesday to end a malicious prosecution lawsuit by doctors and short-sellers who expressed doubts about its experimental, soon-to-be-discontinued Alzheimer's drug simufilam. U.S. District Judge Jennifer Rochon in Manhattan said Adrian Heilbut, Jesse Brodkin, Enea Milioris, David Bredt and Geoffrey Pitt could try to prove that Cassava knew or should have known that it could not win its defamation lawsuit against them, which it dismissed in August. Biotech Stock Roundup: SAVA Dives on Setback, ALNY Up on Update & More SAVA and ALNY are in the spotlight this week following a study failure and label expansion of lead drug, respectively. Cassava ends simufilam Alzheimer’s programme after second Phase III failure While investigations into the drug are stopping in Alzheimer’s disease, the therapy is now being evaluated in TSC-related epilepsy. SAVA Stock Down as Alzheimer's Drug Fails in Second Late-Stage Study Cassava stock crashes 32% as its investigational Alzheimer's disease drug fails to meet the prespecified co-primary endpoints in the second late-stage study. Sector Update: Health Care Stocks Fall Late Afternoon Health care stocks fell late Tuesday afternoon with the NYSE Health Care Index dropping 1.7% and the Cassava Drops 19% Pre-Market After Decision to End Alzheimer's Program Simufilam misses key endpoints again, prompting Cassava to phase out Alzheimer's program and shift to new indications Cassava Sciences Reports Topline Phase 3 REFOCUS-ALZ Data Simufilam did not show a significant reduction in co-primary endpoints of cognitive or functional decline versus placebo in patients with mild-to-moderate Alzheimer’s diseaseSimufilam continued to demonstrate an overall favorable safety profileCassava’s Alzheimer’s disease development program with simufilam will be completely discontinued by the end of Q2 2025 AUSTIN, Texas, March 25, 2025 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (NASDAQ: SAVA, “Cassava”, the “Company”), a clinical-stage biote Cassava Sciences (SAVA): One of the Best Short-Term Stocks to Buy Right Now We recently published a list of 10 Best Short-Term Stocks To Buy Right Now. In this article, we are going to take a look at where Cassava Sciences, Inc. (NASDAQ:SAVA) stands against other best short-term stocks with a buying opportunity for investors. Thrilling highs, daunting lows, and the energized chase after the next big opportunity […] Cassava Sciences (SAVA) Upgraded to Buy: What Does It Mean for the Stock? Cassava Sciences (SAVA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. H.C. Wainwright focused on what results from Cassava’s ReFocus-ALZ might reveal H.C. Wainwright notes that Neutral-rated Cassava Sciences (SAVA) has announced its financial and operational results for the fiscal year ended December 31, 2024. The firm views the company’s licensing of rights from Yale to an issued patent to use of simufilam as a potential treatment for seizures related to rare neurodevelopment disorders as a positive development. However, it does not currently include any contribution from simufilam in seizures or epilepsy, as the data are early. Instead, alt Cassava Sciences Reports 2024 Financial Results and Provides Business Update Top-line data for REFOCUS-ALZ, the second Phase 3 study of simufilam in Alzheimer’s disease, expected late first-quarter/early second-quarter 2025License agreement brings potential in a new therapeutic application for simufilam for seizures related to tuberous sclerosis complex (TSC)$128.6 Million in Cash and Cash Equivalents at December 31, 2024 AUSTIN, Texas, March 03, 2025 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (NASDAQ: SAVA, “Cassava”, the “Company”), a clinical-stage biotechnology compa Cassava Sciences Licenses Simufilam Method of Treatment Patent Cassava enters into a license agreement with Yale University granting intellectual property rights, including rights to an issued US method of treatment patent for potential treatment with simufilam of seizures related to rare neurodevelopmental disordersThe licensed patent is based on research led by Yale University and published in Science Translational Medicine showing that treatment with simufilam appeared to meaningfully reduce seizure frequency in an animal modelCassava will prioritize ini Cassava Gears Up to Report Q4 Earnings: What's in the Cards? On SAVA's fourth-quarter 2024 earnings call, investors can expect updates regarding the company's pipeline developmental plans amid recent setbacks. Cassava Sciences Provides a Business Update Topline data from Phase 3 REFOCUS-ALZ study of simufilam in patients with mild-to-moderate Alzheimer’s disease expected late first-quarter/early second-quarter 2025 Implementing cost curtailment including a workforce reduction of approximately 33% Approximately $128.6 million cash and cash equivalents at December 31, 2024 (unaudited) AUSTIN, Texas, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (NASDAQ: SAVA, “Cassava”, the “Company”), a clinical-stage biotechnology company focused on Biotech Stock Roundup: BBIO Stock Up on Drug Approval, SAVA, APLT Plunge on Setbacks & More SAVA and APLT tank on pipeline and regulatory setbacks. A Post-Mortem on Cassava Sciences This was a stock that traded above $140 a few short years ago. Now, it's all blown-up, leaving investors wondering why. SAVA Stock Plunges 84% on Alzheimer's Drug Failure in Late-Stage Study Cassava's stock plummets as its investigational Alzheimer's disease drug failed to show a significant reduction in cognitive or functional decline. Down -83.93% in 4 Weeks, Here's Why You Should You Buy the Dip in Cassava Sciences (SAVA) Cassava Sciences (SAVA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. Performance Overview Trailing total returns as of 4/2/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return SAVA S&P 500 (^GSPC) YTD -41.10% -3.58% 1-Year -92.95% +8.94% 3-Year -96.34% +24.75%