anonymous
Guest
anonymous
Guest
https://seekingalpha.com/article/4408165-biogen-and-politics-of-alzheimers-disease
'But the problem is that it has not worked. The FDA, Biogen, and the Alzheimer’s Association all can reap benefits from an approval, but they also face major credibility problems if aducanumab turns out to be another Sarepta. Rightly or wrongly, Biogen’s stock value has been buoyed when results for aducanumab have looked good (nearly 480 points) and sunk when the drug appeared to fail (just below 220 points). The FDA’s decision will likely push the company’s stock value up or down into one of these orbits again."
'But the problem is that it has not worked. The FDA, Biogen, and the Alzheimer’s Association all can reap benefits from an approval, but they also face major credibility problems if aducanumab turns out to be another Sarepta. Rightly or wrongly, Biogen’s stock value has been buoyed when results for aducanumab have looked good (nearly 480 points) and sunk when the drug appeared to fail (just below 220 points). The FDA’s decision will likely push the company’s stock value up or down into one of these orbits again."
- Investors should not bet on FDA approval, but instead reduce some of their exposure in case the agency does not.