Outlook For Biogen's Aducanumab Brightens Based On FDA Clues

Nov 04 2020

• By Jessica Merrill

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Biogen's stock soared 44% after the US FDA released briefing documents for a high-profile advisory committee meeting to review aducanumab for Alzheimer's disease.

Forest road under sunset beams — Investors have a sunnier outlook for Biogen's aducanumab • Source: Shutterstock

Biogen, Inc. is heading into a US Food and Drug Administration advisory committee meeting for aducanumab with positive momentum and even higher investor expectations after the agency released briefing documents that appear favorable. The documents were released on 4 November ahead of the meeting of the Peripheral and Central Nervous System Advisory Committee to review aducanumab, scheduled for 6 November.

Investors found reassurance in the documents that aducanumab could be on track for a rapid FDA approval as the first...

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