How Big A Blow To Biogen Is NICE 'No' For Spinraza?

The US biotech is aghast that the cost-effectiveness committee for England, Wales and Northern Ireland is minded to reject its effective but pricey SMA therapy which has gained blockbuster status already on strong sales elsewhere in Europe and the US.

Disappointed
Biogen feels frustration over NICE discussions

The spinal muscular atrophy (SMA) drug Spinraza (nusinersen) continues to drive revenue growth at Biogen Inc., but a likely rejection from NICE means that any contributions to sales from the countries covered by the cost effectiveness watchdog will be a long time coming.

The company and patients who suffer from the rare neurodegenerative disease have expressed disappointment over NICE's draft guidance which does not recommend Spinraza, the only drug approved for SMA. The...

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