Biogen In shocking reversal, Biogen to submit experimental Alzheimer’s drug for approval

johnN

In shocking reversal, Biogen to submit experimental Alzheimer’s drug for approval

https://www-sfchronicle-com.cdn.ampproject.org/v/s/www.sfchronicle.com/business/amp/Biogen-soars-on-Wall-Street-McDonald-s-Howard-14554157.php?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCKAE=#aoh=15717801881890&referrer=https://www.google.com&amp_tf=From %1$s&ampshare=https://www.sfchronicle.com/business/article/Biogen-soars-on-Wall-Street-McDonald-s-Howard-14554157.php

Hold it for 6 months until fed decide approve drugs or not

Maybe biggest drug news in quite while... Maybe good buy small portions if have high risks tolerance

Mark

After jumping 26+% today that cow is likely half way out the barn.

sma3

I think it is worth considering. 1) it is only back to levels before original trial looked dead. 2) Data is impressive with 20 to 40% decrease in declines in test scores and clinical outcomes. Both the low and high dose apparently reduced plaque. While it is not curative if it reduces decline safely FDA will be hard pressed not to approve, although PResident Warren may try to stop paying for it