Adial Pharmaceuticals Stock Faces Crucial AD04 Funding Test After Holiday Break
Adial Pharmaceuticals shares fell 1.4% to $2.05 in premarket trading Tuesday, after U.S. exchanges closed Monday for Memorial Day. The company reported $4.6 million in cash as of March 31, enough to fund operations into the second half of 2026. No new company updates were released over the holiday weekend. Plans for a new Phase 3 trial of lead drug AD04 remain on hold pending additional funding.