Biogen Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents

Biogen Inc Q1 2022 Earnings Call Summary

Biogen Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents
Biogen Inc Q1 2022 Earnings Call Summary
Published May 03, 2022
17 pages (9370 words) — Published May 03, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of BIIB.OQ earnings conference call or presentation 3-May-22 12:00pm GMT

  
Brief Excerpt:

...A. Overview: Continued to execute on core business objectives in 1Q. 1. B. Recent National Coverage Determination by CMS for Amyloid Beta Targeted Therapies for Alzheimer's Disease: This decision effectively denies all Medicare beneficiaries access to ADUHELM. 1. 2. BIIB is very disappointed by final NCD. Will substantially eliminate commercial infrastructure for ADUHELM. a. b. Will retain minimal resources to manage patients access programs, including continued free drug program for patients currently on treatment in US. 3. Expects to continue funding certain regulatory and R&D activities for ADUHELM, including: Continuation of Co.'s EMBARK redosing study. a. b. Initiation of Co.'s Phase 4 post-marketing requirement study, ENVISION. 4. Additional actions regarding ADUHELM may be informed by upcoming data readouts expected for this class of antibodies and further engagement with FDA and CMS. 5. Committed to working closely with Eisai on potential launch of lecanemab. 6. Looking forward...

  
Report Type:

Brief

Source:
Company:
Biogen Inc
Ticker
BIIB.OQ
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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MLA:
Thomson StreetEvents. "Biogen Inc Q1 2022 Earnings Call Summary" May 03, 2022. Alacra Store. May 22, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Biogen-Inc-Earnings-Call-B15172909>
  
APA:
Thomson StreetEvents. (2022). Biogen Inc Q1 2022 Earnings Call Summary May 03, 2022. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Biogen-Inc-Earnings-Call-B15172909>
  
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