Cleveland Clinic Bans Biogen's (BIIB) Aduhelm, Will Others Follow Suit?

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Biogen (BIIB) PT Lowered to $400 at BofA Securities

July 16, 2021 8:25 AM EDT

BofA Securities analyst Geoff Meacham lowered the price target on Biogen (NASDAQ: BIIB) to $400.00 (from $415.00) while maintaining a Neutral rating on commercial headwinds.

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Expert Panel Unanimously Decides Biogen's (BIIB) Aduhelm Offers no Patient Benefit

July 15, 2021 5:38 PM EDT

(Updated - July 15, 2021 6:00 PM EDT)

Shares of Biogen (NASDAQ: BIIB) are losing 3% after-hours following a unanimous vote by a panel of prominent medical experts claiming the company's recently approved Alzheimer's drug Aduhelm offers no patient benefit.

In a recent meeting held by the... More