Biohaven's New $6M Stake by Sarissa Capital Signals Potential Turnaround Amid 70% Price Drop.

Monday, Mar 23, 2026 1:40 pm ET1min read
BHVN--

Sarissa Capital Management has established a new position in Biohaven Ltd., acquiring 513,184 shares worth $5.79 million. This was a new position for Sarissa, bringing Biohaven to 2.6% of reportable U.S. equity AUM. Biohaven shares have declined 70% over the past year and underperform the S&P 500. The company is focused on clinical-stage drug candidates for neurological and immunoscience diseases.

Biohaven's New $6M Stake by Sarissa Capital Signals Potential Turnaround Amid 70% Price Drop.

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