April 19, 2024

AndronETalksNews

AndronETalksNews

Biogen cuts the price tag on its Alzheimer’s drug in half

Yahoo News – AP

By TOM MURPHY

·3 min read
 

Biogen is slashing the price of its Alzheimer’s treatment in half months after it debuted to widespread criticism for an initial cost that could reach $56,000 annually.

The drugmaker said Monday that it will cut the wholesale acquisition cost of the drug by about 50% next month. That means the annual cost for a person of average weight will amount to $28,200.

The actual amount that person would pay will depend on factors like insurance coverage. 

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