Biogen CEO says $56,000 annually for Alzheimer’s drug is 'fair,' promises not to hike price for at least 4 years

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'I think this is significant, I think this is writing history,' Biogen CEO Michael Vounatsos says on the FDA's decision to approve the company's Alzheimer's drug.

CEO Michel Vounatsos told CNBC on Monday that the list price of $56,000 per year for the company's FDA-approved Alzheimer's disease drug aducanumab is "fair."

The price of the drug is a reflection of "two decades of no innovation" and will also allow Biogen to further invest in its pipeline of medicines for other diseases, he said during an interview with CNBC's "

Source: News Formal (newsformal.com)

 

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