Biogen isn't concerned about competing with Eli Lilly in the Alzheimer’s drug space, CEO says

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Biogen isn't concerned about competing with Eli Lilly in the Alzheimer’s drug space, CEO says
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Biogen CEO Christopher Viehbacher said during an earnings call that Eli Lilly needs to consider maintenance doses its Alzheimer's treatment donanemab.

Clinical trial data on both Eli Lilly's donanemab and leqembi, a highly anticipated drug from Biogen and Japanese drugmaker, indicate they reduce a protein called amyloid. The protein builds up on the brain in Alzheimer's patients and disrupts cell function.

But he said Eli Lilly's decision to stop dosing the drug after it clears a certain amount of amyloid plaque in a patient may not be the best approach to treating the disease. Eli Lilly has not announced similar maintenance dosing plans for donanemab. The company plans to unveil data from a phase three trial on donanemab during the second quarter this year.

Biogen is banking on the success of its drug leqembi after the disastrous approval and rollout of its old Alzheimer's drug aduhelm last year.

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