Biogen, Inc. has gotten a lot of criticism about the $56,000-a-year price tag for its new Alzheimer's drug Aduhelm (aducanumab), given that it was granted an accelerated approval by the US Food and Drug Administration based on a surrogate endpoint and the efficacy still needs to be confirmed. Speaking about corporate responsibility at the Biotechnology Innovation Organization (BIO) annual meeting with BIO CEO Michelle McMurry-Heath on 17 June, CEO Michel Vountasos said the company has to do a better job communicating its position to the public.
"The company is taking a position that is very responsible that is yet to be understood out there, and we...
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