<SEC-DOCUMENT>0000000000-21-000999.txt : 20210406
<SEC-HEADER>0000000000-21-000999.hdr.sgml : 20210406
<ACCEPTANCE-DATETIME>20210127103009
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-21-000999
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210127

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARROWHEAD PHARMACEUTICALS, INC.
		CENTRAL INDEX KEY:			0000879407
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				460408024
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		177 E COLORADO BLVD
		STREET 2:		SUITE 700
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91105
		BUSINESS PHONE:		626-696-4702

	MAIL ADDRESS:	
		STREET 1:		177 E COLORADO BLVD
		STREET 2:		SUITE 700
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARROWHEAD RESEARCH CORP
		DATE OF NAME CHANGE:	20040112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERACTIVE GROUP INC
		DATE OF NAME CHANGE:	20020509

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERACTIVE INC
		DATE OF NAME CHANGE:	19940224
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
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<TEXT>
United States securities and exchange commission logo





                             January 27, 2021

       Christopher Anzalone
       Chief Executive Officer
       Arrowhead Pharmaceuticals, Inc.
       177 E. Colorado Blvd, Suite 700
       Pasadena, California 91105

                                                        Re: Arrowhead
Pharmaceuticals, Inc.
                                                            Form 10-K for the
fiscal year ended September 30, 2020
                                                            Filed November 23,
2020
                                                            File No. 001-38042

       Dear Mr. Anzalone:

               We have limited our review of your filing to the financial
statements and related
       disclosures and have the following comments. In our comments, we may ask
you to provide us
       with information so we may better understand your disclosure.

              Please respond to the comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to the comments, we may have additional comments.

       Form 10-K for the fiscal year ended September 30, 2020

       Management's Discussion and Analysis of Financial Condition and Results
of Operations
       Results of Operations
       Operating Expenses, page 55

   1.                                                   You have omitted a
discussion and analysis of changes in operating expenses between FY
                                                        2019 and FY 2018. In
future filings, please provide a complete discussion and analysis of
                                                        operating results for
each period presented, or identify the location in the prior filing
                                                        where the omitted
discussion may be found in accordance with with Instruction 1 to Item
                                                        303(a) of Regulation
S-K.
       Research and Development Expenses, page 55

   2.                                                   Please expand your
presentation to include a quantification of development costs for
                                                        individual research and
development projects, as presented in the pipeline chart on page 1,
                                                        and an explanation of
key factors underlying changes in these amounts from the earliest
 Christopher Anzalone
Arrowhead Pharmaceuticals, Inc.
January 27, 2021
Page 2
         period presented. If you do not separately track costs by individual
project, please
         disclose this fact.
       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

       You may contact Frank Wyman at 202-551-3660 or Li Xiao at 202-551-4391
with any
questions.



FirstName LastNameChristopher Anzalone                         Sincerely,
Comapany NameArrowhead Pharmaceuticals, Inc.
                                                               Division of
Corporation Finance
January 27, 2021 Page 2                                        Office of Life
Sciences
FirstName LastName
</TEXT>
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