Biogen (BIIB) closed down 8.2%, marking its largest single-day drop since September 2020. During the session, it fell as much as 9.4%, the biggest intraday decline since 2022.
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Previously, this biotechnology company announced that its Alzheimer's disease therapy, diranersen, failed to meet its primary dose-response endpoint on the CDR-SB (Clinical Dementia Rating-Sum of Boxes), as higher doses did not result in greater clinical benefits. Read more
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