CEO of Local Alzheimer's Group Praises Biogen's New Drug Approval

Biogen headquarters, located in Kendall Square.

When Eisai-Biogen Alzheimer's drug was approved on Friday, it became the second drug in about 20 years to be available to Alzheimer's patients.

There are still questions around Leqembi, the brand name for the drug generically known as lecanemab. How will Eisai and Biogen (Nasdaq: BIIB) commercialize it? What about safety issues following reports of brain bleeds? Is the $26,500-per-year price tag too high?

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