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Biogen’s stock gains after sharing longer term data for its Alzheimer’s disease

Biogen's stock gains after sharing longer term data for its Alzheimer's disease

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Shares of Biogen Inc. BIIB, +1.85% gained 4.3% in premarket trading on Wednesday after the company announced new data for its Alzheimer’s disease drug demonstrating reductions in amyloid beta plaques for 132 weeks and plasma p-tau181 for 128 weeks. The company also said in a news release that the clinical-trial data show that patients with lower plasma p-tau181 levels had less clinical decline.

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