The accelerated approval of Aduhelm (aducanumab) creates a momentous opportunity for Biogen, Inc., one that has long been sought after by a range of big pharmas with larger R&D budgets. Companies like Johnson & Johnson, Pfizer Inc., Eli Lilly and Company and Roche Holding AG have attempted to produce the first new drug for Alzheimer’s disease since memantine in 2003, coming up short and creating a discard pile containing almost 200 failed or suspended programs.
For Biogen, success equals access to the millions of patients currently living with the various stages of Alzheimer’s disease in the US. This is commonly cited as around six million,...
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