There were indications during Biogen Inc.'s most recent earnings call in January that it was getting ready to pull the plug on struggling multiple sclerosis drug Zinbryta (daclizumab), but with the European Medicines Agency revealing it's begun an "urgent review" of cases of inflammatory brain disease in patients who've taken the drug, the decision became more clear-cut.
Biogen and its US marketing partner AbbVie Inc. announced on March 2 that they were voluntarily withdrawing worldwide marketing authorizations for Zinbryta, an antibody that targets both interleukin-2 (IL-2) and cluster of differentiation 25 (CD25). On the market less than two years, Zinbryta struggled to find a niche in the MS market and generated just $72
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