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Analysts lose confidence in Biogen Alzheimer's approval

There have been so many controversies surrounding Biogen's drug candidate for Alzheimer's disease, aducanumab, that analysts now see its approval chances as vanishingly low.

Photo: Steven Senne/AP/Ritzau Scanpix

With the deadline for the FDA (US Food and Drug Administration)'s decision on Biogen's drug aducanumab fast approaching, analysts at RBC Capital Markets are less and less convinced that the result will be in Biogen's favor, writes Fiercepharma.

Aducanumab has faced many problems throughout the regulatory process. The application was turned down by an FDA expert committee in November, and the response deadline was pushed back by the agency in January.

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