Sad isn't it....[quoteSo if I read BIogen's release accurately: Their 18 month Phase 2 results aren't as good as AVXL's Phase 2 results, yet Biogen is up $6 billion on the news in the aftermarket, meanwhile AVXL is languishing (for a short while anyway) at $150 million.
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You would think some senior, responsible person somewhere in BIIB or FDA would have intervened here prior to this PR.(we almost got to the top of Everest but....).
In a way this story should be used as some kind of ref. for people who want to look back 10 years from now. As an example of what used to pass for science. If anything, this is good news for AVXL and the story we have to tell. This helps to make the point of just how much better the A2-73 story is. BIIB says, "yes, it's true, I would not give this to my mother but if we run a big enough sample we can say with certainty that it does not work."