Eisai, Biogen get US FDA approval for Alzheimer's drug, apply for full approval - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

FILE PHOTO: A sign marks a Biogen facility in Cambridge, Massachusetts, U.S. January 26, 2017. REUTERS/Brian Snyder/File PhotoFILE PHOTO: A sign marks a Biogen facility in Cambridge, Massachusetts, U.S. January 26, 2017. REUTERS/Brian Snyder/File Photo

Eisai said the drug would launch at an annual price of $26 500. Biogen shares, which had been halted, were up 3% at $279.40. “The new drug may not generate a significant profit immediately after the launch, but it will start contributing to our profit in the latter half of the second year or the third year,” he said without giving any concrete figure.

“Without Centers for Medicare & Medicaid Services and insurance coverage … access for those who could benefit from the newly-approved treatment will only be available to those who can pay out-of-pocket,” the Alzheimer’s Association said in a statement. If the drug receives traditional FDA approval, CMS said it would provide broader coverage. Eisai officials have said the company plans to submit data from a recent successful clinical trial in 1,800 patients as the basis for a full standard review of Leqembi.

They must start giving this wonder to the old anc that keep forgetting what they promise

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US FDA approves Eisai, Biogen Alzheimer's drug - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The US Food and Drug Administration on Friday approved the Alzheimer’s drug lecanemab developed by Eisai Co Ltd and Biogen Inc for patients in the earliest stages of the mind-wasting disease. I'm really grateful for all the efforts you have render to me with my little investment of R5000 and with joy over me after withdrawing R60,000 with your help Lisa_berry77 thank you for everything you have done for me and my family Lisa_berry77
La source: SABCNews - 🏆 37. / 51 Lire la suite »

US FDA approves Eisai, Biogen Alzheimer's drug - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The US Food and Drug Administration on Friday approved the Alzheimer’s drug lecanemab developed by Eisai Co Ltd and Biogen Inc for patients in the earliest stages of the mind-wasting disease. I'm really grateful for all the efforts you have render to me with my little investment of R5000 and with joy over me after withdrawing R60,000 with your help Lisa_berry77 thank you for everything you have done for me and my family Lisa_berry77
La source: SABCNews - 🏆 37. / 51 Lire la suite »