Biogen tosses out Parkinson's hopeful cinpanemab, pays $75M for its syn

As Biogen hopes and prays for a (now delayed) FDA approval of its controversial Alzheimer’s disease hopeful aducanumab, a key, closely watched pipeline asset has failed and been tossed out.

Buried in its annual results (PDF) published Wednesday morning, Biogen said the phase 2 study of BIIB054 (cinpanemab) in Parkinson’s disease “did not achieve proof-of-concept” and missed its primary and secondary endpoints