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Biogen Resets Aduhelm Expectations, Expects Longer, Slower Path To Significant Sales

Best Case Scenario: Meaningful Patient Access Over Time

 
• By Mandy Jackson

The company reported $1m in Q4 sales of its Alzheimer’s drug. Biogen expects Aduhelm to make a minimal contribution to full-year 2022 revenues, which will total about $1bn less than in 2021. 

Autumn view of a long forest path
Biogen hopes to gain "meaningful patient access over time" from CMS • Source: Alamy

If the final decision from the US Centers for Medicare and Medicaid Services on covering Biogen, Inc.’s Aduhelm (aducanumab) and other amyloid-targeting therapies for Alzheimer’s disease does not improve from the draft national coverage determination (NCD) announced last month, Biogen will have to ramp up cost cuts it already has in the works and may reduce its revenue guidance further for 2022.

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