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RTP plays critical role in launch of Biogen's blockbuster Alzheimer's treatment

RTP plays critical role in launch of Biogen's blockbuster Alzheimer's treatment
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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What does the first Alzheimer's drug to be approved in 20 mean for sufferers?

Aduhelm slows the disease s progress, but there are questions over its efficacy - and its $50,000 price tag ....

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What to Know About Aducanumab, Experimental Alzheimer's Drug

The FDA is set to announce whether it will approve Biogen’s aducanumab as a treatment for Alzheimer’s disease. But the history of the drug's development is likely to make it a controversial and fiercely debated verdict. ....

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Biogen (BIIB) Receives a Hold from BTIG

Markets
BTIG analyst Thomas Shrader maintained a Hold rating on Biogen (BIIB – Research Report) on April 22. The company’s shares closed last Friday at $262.63.
According to TipRanks.com, Shrader is a 4-star analyst with an average return of 18.6% and a 41.2% success rate. Shrader covers the Healthcare sector, focusing on stocks such as Voyager Therapeutics, Stoke Therapeutics, and Gain Therapeutics.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biogen with a $304.24 average price target, which is a 16.9% upside from current levels. In a report issued on April 8, RBC Capital also maintained a Hold rating on the stock with a $263.00 price target. ....

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Analysts: FDA delay is a good sign for Biogen's Alzheimer's drug

Outside experts have said data from two halted trials don t prove the drug is effective.
Regulators pushed back the decision deadline to June 7, at latest.
The Food and Drug Administration is delaying its decision deadline for Biogen and Eisai s hotly debated Alzheimer s disease drug, a move that analysts said bodes well for Biogen.
Cambridge, Massachusetts-based Biogen said Friday that the FDA s decision on its drug aducanumab has been pushed back by three months, moving the deadline from March 7 to June 7.
Biogen attributed the change to new data and analysis it had provided to regulators, which was considered a major amendment to its application. ....

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