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Biogen soars 13% on report of potential acquisition by South Korea's Samsung Group

Biogen could fetch a valuation of more than $42 billion, which would represent at least a 22% premi…

Matthew Fox   


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Biogen sinks 10% after Medicare limits coverage of new Alzheimer's drug Aduhelm

Medicare seeks to only cover patients who are enrolled in clinical trials evaluating Aduhelm, a dru…

Carla Mozée   


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Biogen tanks 8% after Samsung denies report it was in talks to buy the drugmaker

Samsung's biotech division disputed the report in a filing in South Korea, calling it "not true," a…

Carla Mozée   


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Biogen falls 8% after 2 major hospital systems say they won't administer controversial Alzheimer's drug

The next big hurdle for Biogen will be receiving approval from health insurers to cover the costs o…

Matthew Fox   


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Biogen jumps 6% ahead of a key FDA decision for its Alzheimer's drug

The second phase 3 trial for Biogen's aducanumab failed to meet its primary and secondary endpoints…

Matthew Fox   


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Biogen plummets 32% after its Alzheimer's therapy fails to win support from FDA advisory committee

The committee voted 8-1 that data from a Biogen study evaluating patients with mild Alzheimer's was…

Matthew Fox   


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Biogen soars 47% after FDA scientists say its Alzheimer's drug's efficacy is 'exceptionally persuasive'

Biogen's drug aducanumab, which was jointly developed with Japan's Eisai, will receive an FDA appro…

Matthew Fox   


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Morgan Stanley double-upgrades Biogen and says the stock can surge another 30%

"While BIIB remains a high-risk/ high-reward stock, we think now is the right time to take the risk…

Carmen Reinicke   


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Warren Buffett's Berkshire Hathaway sold Biogen, halved its Merck stake, and boosted its Kroger bet. Here's a closer look at its key trades in Q2.

Buffett's company established stakes in Merck, AbbVie, and Bristol Myers Squibb in the second half …

Theron Mohamed   


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Biogen soars 43% after its Alzheimer's drug helps slow down cognitive decline in late-stage study

JPMorgan estimates the Alzheimer's drug could generate between $6 billion and $10 billion in peak s…

Matthew Fox   


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Warren Buffett's Berkshire Hathaway sold its Biogen stake last quarter - and slashed its pharmaceutical bets

The famed investor's company also sold some Chevron and General Motors shares, and boosted its stak…

Theron Mohamed   


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Eli Lilly jumps 10% after it says it will seek approval for its Alzheimer's drug following designation as a breakthrough therapy by the FDA

Goldman Sachs said Eli Lilly's decision to seek accelerated approval for donanemab was ahead of its…

Matthew Fox   


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US stocks gain as drop in commodity prices help ease inflation concerns

US stocks moved higher as commodity prices like oil, copper, and lumber continued to move lower fro…

Matthew Fox   


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Eli Lilly falls 9% after its Alzheimer's drug data underwhelms Wall Street

A successful Alzheimer's drug has been viewed as the holy grail in biotech, as it would combat a de…

Matthew Fox   


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All this AI hype could be distracting us from serious economic threats in the US

Insider's Phil Rosen breaks down the massive Wall Street hype surrounding artificial intelligence a…

Phil Rosen   


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Medicare sticks by decision to limit coverage of a controversial Alzheimer's drug to people involved in clinical trials

The Medicare coverage decision is a blow for Biogen, which has struggled with sales of its new drug…

Allison DeAngelis   


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US stocks move lower as investors see hotter inflation and higher rates on the horizon

The S&P 500 lost steam near a record high Monday as investors prepare for consumer price inflation …

Carla Mozée   


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US stocks gain to near-record levels as yields fall to 1-month low

US stocks were within striking distance of record highs as inflation fears cool off following a dro…

Matthew Fox   


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The head of the FDA is calling for an investigation into her agency's controversial decision to approve a new Alzheimer's drug

The decision to approve Aduhelm has raised concerns and led three advisors to resign. The agency's …

Allison DeAngelis   


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Dow closes 835 points higher after hitting intraday record on Pfizer vaccine enthusiasm

Stocks closed sharply higher after hitting intraday records on positive vaccine data from Pfizer an…

Matthew Fox