Biogen’s Alzheimer’s Revelation Isn’t So Simple

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Heard on the Street: Optimism that Biogen has cracked the code on a multibillion-dollar Alzheimer’s disease market is premature

Tuesday morning was a memorable one for Biogen shareholders.

The company said it now plans to pursue regulatory approval for aducanumab, an investigational treatment for early Alzheimer’s disease. This was a shock to investors, as the company had seemingly thrown in the towel on the drug after a pair phase 3 studies of the drug back in March.

 

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Of course....Now they gotta figure out how to milk it for every fucking penny it’s worth

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