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Aeon s Migraine: Stock Plummets as Drug Test Fails - Orange County Business Journal

Aeon Biopharma Inc.’s stock plunged 53% in intraday trading May 3 on the company’s announcement of disappointing results from testing of its migraine drug. The Irvine-based clinical-stage company (NYSE: AEON) said its ABP-450 treatment for the prevention of chronic migraine did no better than placebo in a Phase 2 trial.

Evolus, Aeon Biopharma Tout Potential to Wall Street - Orange County Business Journal

Aeon Biopharma, which is currently testing a botulinum toxin complex to treat migraines and other ailments, went public through a special purpose acquisition company, also known as a SPAC, on July 24.

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