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" ... The global spread of coronavirus has resulted in fewer hospital visits and the postponement of elective surgeries, thereby impacting the pharmaceuticals businesses in general. That said, Arrowhead’s stock price surge is due to company-specific factors. Firstly, Arrowhead rival Vertex Pharma noted that it would stop developing its potential treatment for alpha-1 antitrypsin deficiency, a genetic condition that can cause lung or liver disease, due to safety concerns. Investors likely view this as a positive for Arrowhead, which is also developing AATD drugs. ... "