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The Independent UK
The Independent UK
National
Via AP news wire

Biogen's 2022 outlook leaves investors wanting, shares slip

Copyright 2020 The Associated Press. All rights reserved

Biogen expects “minimal” revenue this year from its Alzheimer’s treatment initially hailed as potentially a breakthrough drug, but one with an eye-popping price tag that drew immediate criticism from doctors and patient advocates.

The drugmaker on Thursday released a forecast for 2022 that caught investors off guard, sending shares down more than 3% before the opening bell.

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