Biogen's 2nd Quarter Profits Fall 40%
Submitted by snackakes on Fri, 2002-07-19 11:20.
40% drop? Ouch! In this article Biogen blames things like "slower-than-anticipated growth in the overall multiple sclerosis market", "reductions in wholesaler inventories and "the US approval of rival Serono SA's Rebif." They are planning to increase spending to protect their leadership position in MS treatment.


obscene
had avonex offered to package the same regimen used for rebif i doubt the fda would have let their market be carved up. that the orphan drug system remain credible is in everyone's best interest.
there's no excuse for both greed and short sightedness.
dose flexability would have helped them by cutting rebif off at the knees, and helped patients by making a dose dependant drug available in an appropriate manner.
marketing