Change in plans follows an analysis of a larger dataset from studies of aducanumab; share price surges on the newsBiogen Inc. said it plans to pursue regulatory approval for aducanumab, an investigational treatment for early Alzheimer’s disease, after pulling the plug on phase 3 studies of the drug earlier this year.
Shares of Biogen surged 40% in premarket trading, putting the company on track to add more than $16 billion in market value. When the company and partner Eisai & Co. in March said they would terminate the late-stage studies, Biogen lost about $18 billion in market value.
no medical innovations out of China? didn't think so. Trump2020
We shudder to think of this drug's monthly price tag should it be approved for the market and who is going to pay for it.
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