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Headline : European drug regulator rejects Alzheimers treatment Leqembi from Biogen, Eisai

Read more from the original article on here at www.cnbc.com.






Tags : #european #drug #regulator #rejects #alzheimers #treatment #leqembi #biogen #eisai



No. of Paragraph 17

European drug regulators on Friday rejected the Alzheimer's treatment Leqembi from Biogen and Eisai, creating another hurdle for the companies as they scramble to boost uptake of the therapy in the U.S.ร‚ย 

The European Commission, the European Union's executive body, has a final say in Leqembi's approval. But it almost always follows the drug regulator's recommendations.ร‚ย 

In a statement, Eisai said, it is "extremely disappointed" by the regulator's negative recommendation. The company added that it will seek a reexamination of the decision.

Shares of Biogen fell more than 6% on Friday. Japanese drugmaker Eisai's stock was essentially flat.ร‚ย 

Read more from the original article on here at www.cnbc.com.


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