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Biogen Growth Continues, But Analysts Worry About Near-Term R&D Prospects

 
• By Joseph Haas

The biotech’s MS franchise led by Tecfidera grew strongly, while SMA therapy Spinraza dipped slightly, but Biogen maintains optimistic outlook amidst growing competition.

Businessman covering his face using a white paper with drawn question mark, like a mask, for hiding his identity. Isolated gray wall background.

Biogen Inc. had a lot of positive news to share with investors during its second quarter earnings call on 23 July, but longer-term questions remain about Spinraza’s fate against growing competition in spinal muscular atrophy, Tecfidera’s standing in multiple sclerosis and the company’s apparent intent to continue pursuing the amyloid beta hypothesis in Alzheimer’s disease.

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