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Biogen’s decision to halve price of Alzheimer’s drug is ‘a day late and a dollar short,’ says Raymond James

Biogen's decision to halve price of Alzheimer's drug is ‘a day late and a dollar short,' says Raymond James

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Biogen Inc.’s decision to cut the price of its Alzheimer’s drug Aduhelm in half starting Jan. 1 is “a day late and a dollar short,” according to Raymond James, which is not expecting the move to change the trajectory of the drug launch or restore Biogen’s battered reputation.

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