Biogen Idec (BIIB) Says EMPOWER Missed Primary Endpoint

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Biogen Idec (BIIB) Sinks 8% After ALS Drug Fails, Development Stopped

January 3, 2013 7:37 AM EST

Biogen Idec (NASDAQ: BIIB) is trading down 8 percent after reporting top-line results of EMPOWER, a Phase 3 trial investigating dexpramipexole in people with amyotrophic lateral sclerosis (ALS). The trial did not meet its primary endpoint, a joint rank analysis of function and survival, and... More