Jefferies Downgrades Biogen (BIIB) to Hold; Thesis Nearly Played Out
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Biogen's (BIIB) Aducanumab Appears Further De-Risked - Jefferies
September 2, 2016 7:44 AM EDTJefferies analyst Brian Abrahams saying Biogen's (NASDAQ: BIIB) aducanumab appears to be further de-risked based tidbit tucked away at the very brief PR the company issued yesterday evening on Fast Track status.
"... we believe new data from the ph.Ib dose titration arms is confirming aducanumab's efficacy observed in the prior arms, helping additionally de-risk the program," Abrahams said.
Abrahams expects upside for shares on this development.
The analyst notes a clear suggestions... More
