When Biogen Inc. reports its second quarter earnings on 23 July, investors will be listening for updates on multiple areas of concern, including the big biotech’s plans to continue developing elenbecestat in Alzheimer’s disease after yet another BACE inhibitor failure. The company also will report its first quarter of sales for Spinraza in spinal muscular atrophy (SMA) following the launch of Novartis AG’s competing gene therapy Zolgensma.
Mylan NV’s patent challenge to Biogen’s top-seller, multiple sclerosis (MS) drug Tecfidera (dimethyl fumarate) also will be a topic of note for investors. (Also see "Q4 Earnings Preview: Pfizer, Amgen, Allergan, Biogen And Novartis" - Scrip, 26 January, 2019.) On the positive side, Biogen can be expected talk up the promise its amyotrophic lateral sclerosis (ALS) program as well as the early success in Europe of Imraldi, its biosimilar of AbbVie Inc
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