According to a recent article in the Boston Globe, Biogen is discontinuing its clinical late stage trials for expanding the use of Tecfidera and Tysabri to secondary progressive ms. So you RR's are all set but we SP's are out of luck. Again.
It seems that poor Biogen is on pace this year to earn only $5 BILLION on Tecfidera instead of a projected $7B. (Biogen has already earned $965.6 in this last third quarter). They have cut 880 jobs - including researchers among others.
So Biogen has just discontinued the trials. Poof! Just like that!
On the bright side, however, the company plans to continue development of another ms drug that could repair nerve damage rather than just slow progression. If it ever comes to fruition, lets all hope that not only is it effective, but that it makes money!
It seems that poor Biogen is on pace this year to earn only $5 BILLION on Tecfidera instead of a projected $7B. (Biogen has already earned $965.6 in this last third quarter). They have cut 880 jobs - including researchers among others.
So Biogen has just discontinued the trials. Poof! Just like that!
On the bright side, however, the company plans to continue development of another ms drug that could repair nerve damage rather than just slow progression. If it ever comes to fruition, lets all hope that not only is it effective, but that it makes money!
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