Health

Biogen’s Alzheimer’s drug goes to Phase 3 trial, stock surge 10%

Biogen’s Alzheimer’s drug goes to Phase 3 trial, stock surge 10%

Biogen’s Alzheimer’s drug goes to Phase 3 trial, stock surge 10%  

This is certainly a great news for medical fraternity and more so for people suffering from Alzheimer’s. This drug has excited many people across the world for the last several years and now when it moves to phase 3 trial, the drug seems to be looking closer than ever before.

Though the medical world seems to have improved as far as treatment of Alzheimer’s is concerned, we still need to go a long way before we have a true treatment for the dreadful disease that is afflicting an ever larger number of people.

Biogen Idec has now given a sort of new hope to millions and millions of people across the world by announcing about the development. The world has been so much impressed by the announcement that from medical world to Wall Street honchos, everyone seems to be talking about it. By the way Wall Street was so much impressed by it that company’s stock surged as much as almost 10% in a single day.

alzheimerThe company announced to a very impressed world that its Alzheimer’s medicine aducanumab’s Phase 1b study showed that it was actually safe for people to take.

While talking about the development a very excited Dr. Alfred Sandrock, group senior vice president and chief medical officer at the company said, “This is the first time an investigational drug for Alzheimer’s disease has demonstrated a statistically significant reduction on amyloid plaque as well as a statistically significant slowing of clinical impairment in patients with prodromal or mild disease…Based on these results, we are advancing the aducanumab clinical program to Phase 3 with plans to initiate enrollment later this year.” In February this year the Alzheimer’s Association projected the cost of treating the disease in the U.S. could swell to as much $1 trillion a year by 2050. This is a huge sum indeed.

alzheimer disease treatment, alzheimer disease definition, alzheimer disease, biogen idec news, biogen idec alzheimer's disease, biogen alzheimer's, biogen alzheimer's drug

More in Health

  • Measures Taken by the Government to mainstream AYUSH System of medicine

    Measures Taken by the Government to mainstream AYUSH System of medicine NVONews Desk, New Delhi: The National Policy on Indian Systems of Medicine & Homoeopathy – 2002, envisages integration of AYUSH with the Health Care Delivery System. Mainstreaming of AYUSH is one of the strategies in National Health Mission (NHM) as well...

  • CSIR conducts research on benefits of medicines made from cow urine in chronic diseases

    CSIR conducts research on benefits of medicines made from cow urine in chronic diseases New Delhi: Council...

  • Prime Minister Modi lays foundation stone of newest AIIMS in Bathinda

    NVONews Desk, Bathinda: The Prime Minister, Shri Narendra Modi, today laid the Foundation Stone of the All India Institute of Medical Sciences (AIIMS) at Bathinda in Punjab. Speaking on the occasion, the Prime Minister said that social infrastructure is essential for the development of every nation, and therefore, we need top quality...

  • Vice President Ansari says neglect of healthcare will have negative impact on India’s economy

    Vice President Ansari says neglect of healthcare will have a negative impact on India’s economy New Delhi: The Vice President of India, M. Hamid Ansari has said that neglect of healthcare will have a negative impact on India’s economy combined with rising population. He was addressing on the occasion of 20th Anniversary...

  • Mass mobilization programmes for sanitation awareness taken up across the country

    Mass mobilization programmes for sanitation awareness taken up across the country New Delhi: Rallies, shramadan, village and ward level meetings were organized today in rural and urban areas across the county for further sensitizing the people about cleanliness on the first day of Swachh Bharat Week. Minister of Urban Development Shri M.Venkaiah...

  • MoU signed between CCRAS and University of Latvia

    MoU signed between Central Council for Research in Ayurvedic Sciences (CCRAS) and University of Latvia New Delhi: A Memorandum of Understanding (MOU) between the Central Council for Research in Ayurvedic Sciences (CCRAS) and University of Latvia on establishment of an academic chair in Ayurveda was signed today at AYUSH Bhawan, New Delhi....

  • JNMC organizes workshop on ‘Role of Ultrasonography in Regional Anaesthesia and Pain Management’

    JNMC organizes workshop on ‘Role of Ultrasonography in Regional Anaesthesia and Pain Management’ Aligarh: The Department of Anaesthesiology, Jawaharlal Nehru Medical College (JNMC) and ‘Critical Care’ today organised a day-long Symposium-cum-Workshop on the role of ‘Ultrasonography in Regional Anaesthesia and Pain Management’. Aligarh Muslim University Vice Chancellor, Lt General Zameer Uddin Shah...

  • Prof Anees carries out successful Whipple’s Procedure on four patients

    Prof Anees carries out successful Whipple’s Procedure on four patients Aligarh: The Department of Surgery, J N Medical College (JNMC), Aligarh Muslim University reached another milestone after four patients were treated with a successful Whipple’s Procedure done by Professor Afzal Anees and his team. The patients, who have recovered will soon be...