MedWatch

Biogen passes FDA test for Alzheimer's medicine

The FDA has approved Biogen's Alzheimer's drug, aducanumab.

Photo: BRIAN SNYDER/REUTERS / X90051

Pharmaceutical company Biogen's share prices are increasing rapidly on the US stock exchange after the US health authority, the Food and Drug Administration (FDA), approved its Alzheimer's medication on Monday.

Biogen entered the stock exchange before the approval, and in the first minutes of trading after it was obtained, the share price rose by 58 percent to USD 452.

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