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21,036 signal articles · 514 in last 24h · 103,484 total before filter · latest 1h ago
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Drugmakers Climb On Q2 Reports, Even As One Misses Profit Views
Investor's Business Daily6d agobearish
Drugmakers Climb On Q2 Reports, Even As One Misses Profit Views

Teva Pharmaceutical Industries climbed above an important chart level Wednesday, after the company's bullish guidance overshadowed mixed second-quarter results. Teva earnings thinned to 2 cents a share after subtracting costs from an acquisition. The profit came in below the consensus estimate of 5 cents a share.

Biogen Backs Alzheimer’s Tau Drug for Phase 3 Despite Trial Miss
MarketBeat21d agobearish
Biogen Backs Alzheimer’s Tau Drug for Phase 3 Despite Trial Miss

Biogen (NASDAQ:BIIB) said data from its Phase 2 CELIA study of diranersen in early Alzheimer’s disease provide proof of concept for the tau-targeting therapy, despite the trial not meeting its primary endpoint of demonstrating a predefined dose-response pattern. The company presented the update dur

Investing.com22d agobearish
Biogen tumbles 8.7% as breakthrough Alzheimer’s data is clouded by dosing paradox

Investing.com -- Biogen Inc. (NASDAQ:BIIB) shares fell nearly 9% following the Phase 2 CELIA readout of its highly anticipated Alzheimer’s therapy, diranersen. While the drug achieved a major scientific milestone by robustly clearing tau pathology, an unexpected inverse dose response—where the lowest dose performed the best—left Wall Street analysts confused and triggered a sell-off. Diranersen missed its primary endpoint: proving a dose-dependent response on the CDR-SB, a key measure of cogniti

Biogen Faces Trial Setbacks And Probes That Reframe Neuro Pipeline Risks
Simply Wall St.74d agobearish
Biogen Faces Trial Setbacks And Probes That Reframe Neuro Pipeline Risks

Biogen and Denali Therapeutics halted development of experimental Parkinson's therapy BIIB122 after the Phase 2b LUMA study failed to meet its endpoints. Legal investigations have been launched into Biogen following missed endpoints in the Phase 2 CELIA study for Alzheimer's therapy diranersen. These developments affect Biogen's pipeline in neurodegenerative diseases and add legal and regulatory scrutiny around its R&D disclosures. For investors following NasdaqGS:BIIB, the halt of BIIB122...