. And, as a signal of the agency's permissiveness, the decision could have ramifications for other neurological treatments and the broader pharmaceutical industry.
A panel of outside advisers to the FDA voted in November that aducanumab had not been proven to slow Alzheimer's progression, despite a report from agency staff that said results from the successful trial were persuasive. "If the FDA approves aducanumab, could go to circa $400, and if not, to circa $200," Mizuho Securities analyst Salim Syed said in a recent research note.
Others said approval remains possible. "I am going out on a limb, saying a two in three chance or so," ISI Group analyst Umer Raffat said in a recent webcast.
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