Start United States USA — Financial Maker Gives Up on Alzheimer's Drug

Maker Gives Up on Alzheimer's Drug

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Biogen announced Wednesday that it is stopping its clinical trials of an Alzheimer’s drug, will no longer sell it, and is forsaking the ownership rights. Along with federal.
Biogen announced Wednesday that it is stopping its clinical trials of an Alzheimer’s drug, will no longer sell it, and is forsaking the ownership rights. Along with federal regulators, the company had faced major criticism over the development and pricing—at $56,000 per year—of Aduhelm. Biogen said it will press on with Leqembi, an Alzheimer’s drug it developed with Eisai, the Wall Street Journal reports. Leqembi has received full approval from the Food and Drug Administration and is on the market now.

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