Updated: Biogen chops certain stroke and RNA therapy programs as it continues R&D revamp
Biogen plans to scrap three clinical programs and “deprioritize” preclinical gene therapy and ophthalmology programs as part of CEO Chris Viehbacher’s larger strategy to overhaul R&D, cut costs and move away from high-risk neuroscience drug development.
The Cambridge, MA-based biotech said Tuesday morning during its first-quarter earnings call that it has exited ophthalmology research and is “re-focusing investment in gene therapy to advance fundamental technology.”
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