Biogen Stock Trading Was Halted Today Ahead Of FDA Advisory Committee to Review Supplemental Biologics License Application for the Potential Traditional Approval of LEQEMBI in Early Alzheimer's Disease
Portfolio Pulse from Charles Gross
Biogen's stock trading was halted today as the FDA Advisory Committee reviews the supplemental Biologics License Application for LEQEMBI, a potential treatment for early Alzheimer's disease.

June 09, 2023 | 11:20 am
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Biogen's stock trading was halted due to the FDA Advisory Committee's review of LEQEMBI for early Alzheimer's disease treatment.
Biogen's stock trading was halted due to the FDA Advisory Committee's review of LEQEMBI for early Alzheimer's disease treatment. The outcome of the review will have a direct impact on the company's stock price. A positive outcome could lead to an increase in the stock price, while a negative outcome could result in a decrease. However, since the outcome is uncertain at this point, the short-term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100