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Day: January 12, 2022

Jan 12
Biogen stock falls more than 6% after Medicare plans coverage limits for pricy Alzheimer's drug

Biogen Inc. BIIB, +2.64% shares fell more than 6% in the extended session Tuesday after the Centers for Medicare and Medicaid Services, which oversees the Medicare program, said it plans to cover the biotech’s controversial Alzheimer’s drug Aduhelm and future others like it only in certain instances. CMS’s proposal is that Food and Drug Administration-approved […]

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