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FDA advisor committee supports conditional clearance of Biogen’s tofersen ALS drug; tofersen treats ALS caused by SOD1 gene mutation, which is estimated to be responsible for less than 500 of the approximately 30,000 ALS cases in the US

FDA grants accelerated approval to Biogen and Eisai's anti-amyloid beta protofibril antibody candidate Leqembi lecanemab to treat early Alzheimer's disease; Eisai has set wholesale acquisition cost for the drug at US$26,500 per year

Biogen picks Christopher Viehbacher, former leader of Sanofi, as new CEO to replace Michel Vounatsos, who is stepping down from the job; Viehbacher previously headed healthcare investment fund Gurnet Point Capital

Biogen reports Q3 net income up at US$1.1B from US$329.2M a year ago due to drop in expenses and US$503.7M from sale of building; revenue down 10% from a year ago to US$2.5B due to decreased revenue from multiple sclerosis drugs, biosimilars, Spinraza

Biogen reports Q3 GAAP net income up at US$1.1B from US$329.2M a year ago, with revenue down 10% from a year ago to US$2.5B; multiple sclerosis drug Ocrevus sales down 11% year-over-year to US$1.6B, biosimilar sales down 7% from a year ago to US$188.0M

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