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Biogen (BIIB) Target Raised to $300 at Leerink Swann

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Biogen (BIIB) Reports Favorable Data from Continued TECFIDERA Study in MS

October 4, 2013 7:25 AM EDT

Data presented show that TECFIDERA (dimethyl fumarate) continues to offer consistent and strong efficacy combined with a favorable safety profile in a broad range of patients with relapsing-remitting multiple sclerosis (RRMS), including those patients who are newly diagnosed with the disease. These data were presented by Biogen Idec (Nasdaq: BIIB) at the 29th Congress of the European Committee for Treatment and Research in Multiple Sclerosis (ECTRIMS) in Copenhagen, Denmark from 2-5 October.

Interim analyses from the ENDORSE long-term extension study show that TECFIDERA maintained its effect in reducing disease activity in... More