Previous close | 231.58 |
Open | 229.29 |
Bid | 227.38 x 200 |
Ask | 228.67 x 100 |
Day's range | 227.75 - 231.95 |
52-week range | 189.44 - 319.76 |
Volume | |
Avg. volume | 1,228,777 |
Market cap | 33.16B |
Beta (5Y monthly) | -0.01 |
PE ratio (TTM) | 28.50 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Ionis (IONS) and Biogen (BIIB) stop developing their experimental ALS drug after a phase I/II study failed to show improvement in patients.
Biogen and Ionis Pharmaceuticals said on Thursday they will terminate the development of their experimental treatment for amyotrophic lateral sclerosis (ALS) after failing to show improvement in patients in an early-to-mid stage study. Shares of Biogen and Ionis were each down nearly 2% in premarket trading. This marks another setback in the search for new treatments for ALS, a rare neurodegenerative disease that affects the voluntary control of limbs and leads to breathing trouble.
Biogen stock jumped Wednesday after the FDA gave its Eisai-partnered Alzheimer's treatment a fast track designation.