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» Why Biogen's Stock Isn't Soaring Since Its Alzheimer's Drug Got Approval
Why Biogen's Stock Isn't Soaring Since Its Alzheimer's Drug Got Approval
Why Biogen's Stock Isn't Soaring Since Its Alzheimer's Drug Got Approval
Submitted by
admin
on January 19, 2023 - 10:15am
Source:
Motley Fool
News Tags:
Biogen
Eisai
Alzheimer's disease
Leqembi
lecanemab
Headline:
Why Biogen's Stock Isn't Soaring Since Its Alzheimer's Drug Got Approval
snippet:
Biogen investors have been here before: an Alzherimer's treatment that obtains authorization but still isn't fully approved.
Investors are more cautious this time around, as is clear from the lack of upward movement in the stock's share price.
Declining revenue means Biogen needs a big catalyst to get its shares moving.
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