-
US, European stocks rise despite latest jump in oil prices
-
Sporting Lisbon thrash Bodo/Glimt to reach Champions League quarters
-
Irish PM pushes Trump on Iran -- politely
-
Arizona charges prediction market Kalshi with illegal election betting
-
Leftist New York mayor under pressure on Irish unity question
-
Atletico boss Simeone defends Spurs star Romero
-
Iran vets friendly ships for Hormuz passage: trackers
-
Iran women's football team arrive in Turkey on way home
-
Mexico prepared to host Iran World Cup games, says president
-
Trump blasts 'foolish' NATO on Iran, says US needs no help
-
Slot vows to win back support of frustrated Liverpool fans
-
In Ukraine, Sean Penn gifted Oscar made from train carriage hit by Russia
-
Ships in Gulf risk shortages on board, industry warns
-
White House piles pressure on Cuba as island fights power cut
-
Newcastle must grow under Camp Nou pressure: Howe
-
Trump says to make delayed China trip in 'five or six weeks'
-
Kompany warns of complacency as injury-hit Bayern host Atalanta
-
SAS cancels flights after fuel prices surge
-
New particle discovered by Large Hadron Collider
-
Lebanon says Israeli strikes kill soldiers, as shelters overflow
-
Van de Ven insists it's 'nonsense' to say players don't care about Spurs' plight
-
Argentina withdraws from World Health Organization
-
US Fed expected to keep rates steady as Iran war impact looms
-
Two men in Kenyan court for ant-smuggling
-
Cuba scrambles to restore power as Trump threatens takeover
-
War fuels fears of new oil crisis
-
Kerr 'frustrated' at six-figure sum owed to him by Johnson's failed Grand Slam Track
-
Senior US counterterrorism official resigns to protest Iran war
-
In shadow of Iran war, Gazans prepare for Eid
-
Oil prices climb as fresh strikes target infrastructure
-
Southern Lebanon paramedics risk deadly Israeli strikes to do their work
-
Len Deighton, spy novelist who created the anti-Bond
-
Barca Flick's 'last job' but not yet certain on renewal
-
Belgian diplomat ordered to stand trial over 1961 Congo leader murder
-
Pope says idea England 'weren't fussed' about the Ashes was tough to take
-
War threatens Gulf's dugongs, turtles and birds
-
Germany targets oil firms to prevent wartime price gouging
-
Chelsea striker Kerr sends Australia into Asian Cup final
-
'East meets West': KPop Demon Hunters brings global fans to Seoul's sites
-
EU to help reopen blocked oil pipeline in Ukraine
-
Thai eSports players sentenced over SEA Games cheating scandal
-
Nigeria suicide bombings kill 23, wound more than 100
-
Iran's Larijani, the man whose power grew during Mideast war
-
Israel says killed Iran national security chief Larijani
-
Millions of Indonesians in Eid travel exodus
-
Israel strikes Beirut suburbs as displacement shelters overflow
-
Hard-hitting Conway steers New Zealand to victory over South Africa
-
During Ramadan, Senegal's Baye Fall community lives to serve
-
Afghan govt says 'around 400' killed in Pakistani strike on Kabul rehab clinic
-
Russian ballet banned for 'gay propaganda' gets new life in Berlin
Biogen pulls controversial Alzheimer's drug Aduhelm
A controversial Alzheimer's drug that was trumpeted as the first to ever treat the cognitive decline associated with the devastating brain disorder has been pulled from the market, its maker Biogen announced Wednesday.
The US Food and Drug Administration awarded accelerated approval to Aduhelm in June 2021, a decision that was highly contentious at the time because the agency overruled its own independent advisors, who found there was insufficient evidence of benefit.
At least three of the 11-member independent committee that voted unanimously against recommending the drug subsequently resigned, and US congressional investigators slammed the accelerated approval as "rife with irregularities."
Biogen said it was discontinuing Aduhelm to put more resources into Leqembi, a newer Alzheimer's medicine that was fully approved last year under the traditional regulatory pathway.
"When searching for new medicines, one breakthrough can be the foundation that triggers future medicines to be developed," said Christopher Viehbacher, president and CEO of the Cambridge, Massachusetts-based biotech firm.
"Aduhelm was that groundbreaking discovery that paved the way for a new class of drugs and reinvigorated investments in the field."
Aduhelm, a monoclonal antibody that targets the build-up of a protein called amyloid beta in the brain tissue which is thought to be a cause of Alzheimer's, was tested in two late-stage human trials.
It showed a reduction in cognitive decline in one of the studies, but not the other.
According to a congressional report from December 2022, the FDA "considered Aduhelm under the traditional approval pathway used for most drugs for nine months, before abruptly changing course and granting approval under the accelerated approval pathway after a three-week review period."
The report said that FDA interactions with Biogen were "atypical" and included a failure to properly document contacts between agency staff and the drug maker.
The FDA and Biogen had also "inappropriately collaborated" on a joint briefing document for a key advisory committee, it said.
"FDA's approval process was rife with irregularities."
As for Biogen, the report said the company "viewed Aduhelm as an unprecedented financial opportunity -- estimating a potential peak revenue of $18 billion per year."
The congressional panel pointed to an "unjustifiably high price" for Aduhelm of $56,000 a year for patients.
Biogen's Leqembi, which it co-manufactures with Eisai of Japan, is now the only US approved treatment for Alzheimer's. It also targets amyloid beta and has been found to modestly reduce cognitive decline in patients with early stage disease.
Donanemab, developed by Eli Lilly, could be next to get the green light after performing similarly in clinical trials.
Alzheimer's is the most common form of dementia. More than one in nine people over 65 develop the condition, which worsens over time, robbing them of their memories and independence, according to the US Alzheimer's Association.
Ch.Kahalev--AMWN