Biogen isn’t concerned about competing with Eli Lilly in the Alzheimer’s drug space, CEO says

Biogen isn’t concerned about competing with Eli Lilly in the Alzheimer’s drug space, CEO says

Source: 
CNBC
snippet: 
  • Biogen said it is not worried about competing with Eli Lilly as they both try to roll out drugs to treat the early stages of Alzheimer’s disease. 
  • Biogen CEO Christopher Viehbacher said Eli Lilly’s decision to stop dosing the drug after it clears a certain amount of toxic amyloid brain plaque in a patient may not be the best approach.
  • Eli Lilly and Biogen may need to consider rolling out maintenance doses that will keep brain plaque levels low, the executive said during a Q1 2023 earnings call.