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Published 2 years ago

Biogen shares soar on landmark Alzheimer's data, lift rivals

Summary by Ground News
Biogen and Japanese drugmaker Eisai announced their experimental Alzheimer's medication lecanemab met the main goal in a large-stage trial. The treatment was found to have cut the cognitive and functional decline of patients with early stage of the disease by 27%, compared to placebo, over 18 months. Eli Lilly (LLY), and Roche (OTCQX:RHHBY) have added ~8% and ~5%, respectively.

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