Pharma Deals Review, Vol 2005, No 58 (2005)

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Biogen and Elan Lose Market Value as Tysabri® Withdrawn

Business Review Editor

Abstract


Biogen's and Elan's share values decline due to the withdrawal of the companies’ multiple sclerosis drug, Tysabri® from the market. The drastic action followed a report of death of patients receiving Tysabri® in combination with Avonex®.

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