Eisai, Biogen Alzheimer's data fails to convince skeptics [Reuters (UK)]
Biogen Inc. (BIIB)
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Source: Reuters
Eisai, Biogen Alzheimer's data fails to convince skeptics | Reuters 4 Min Read (Reuters) - Eisai Co Ltd and partner Biogen Inc said on Thursday that the highest dose of their experimental Alzheimer’s disease drug showed effectiveness in a new analysis, but investors remained skeptical about the reliability of the data and Biogen shares fell about 2 percent. The companies have been trying to put to rest concerns about trial results of the drug, BAN2401, which in July showed that patients in early stages of Alzheimer’s experienced 30 percent less cognitive decline after 18 months of treatment than those on a placebo. Those results were muddied by concerns that the data was tainted by a decision from European regulators to remove patients with an Alzheimer’s genetic mutation called APOE4 from the trial group that received the highest dose, potentially lowering the bar for success. “I think that the data is promising and intriguing but continues to beg more questions that we don’t have al
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- Biogen Inc. (NASDAQ: BIIB) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $340.00 price target on the stock.MarketBeat
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- Biogen Inc. (BIIB) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsBusiness Wire
BIIB
Earnings
- 2/14/24 - Miss
BIIB
Sec Filings
- 2/26/24 - Form 4
- 2/22/24 - Form 144
- 2/21/24 - Form 4
- BIIB's page on the SEC website