Fate of Biogen’s stock rides on Alzheimer’s drug decision

For Biogen, the Food and Drug Administration’s expected decision Monday on its Alzheimer’s drug is what a JPMorgan Chase & Co. analyst called "the mother of all binary events" -- one that could send its shares veering sharply in either direction.
Photo: BRIAN SNYDER/REUTERS / X90051
Photo: BRIAN SNYDER/REUTERS / X90051
By Cristin Flanagan, Bloomberg

For Biogen, the Food and Drug Administration’s expected decision Monday on its Alzheimer’s drug is what a JPMorgan Chase & Co. analyst called "the mother of all binary events" -- one that could send its shares veering sharply in either direction.

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