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BIIB Biogen Inc

217.58
2.76 (1.28%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Biogen Inc NASDAQ:BIIB NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.76 1.28% 217.58 205.00 220.00 218.66 214.70 215.56 916,376 01:00:00

Biogen Gets Positive Opinion in Europe for Eye Drug

25/06/2021 1:45pm

Dow Jones News


Biogen (NASDAQ:BIIB)
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By Matt Grossman

 

Biogen Inc. and Samsung Bioepis Co. Ltd. have received a positive opinion from Europe's Committee for Medicinal Products for Human Use for Byooviz, a biosimilar candidate to treat eye conditions, the companies said Friday.

Byooviz references an existing drug called Lucentis, which is used to treat retinal vascular disorders, which can cause blindness. Byooviz was developed by Samsung Bioepis and would be commercialized by Biogen if the drug receives final European Commission approval.

The committee's positive opinion was based on a Phase 3 study in which the drug demonstrated equivalence in efficacy for both primary endpoints.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

June 25, 2021 08:30 ET (12:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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