'The company needs to be decisive at this point and make some moves,' Mizuho's Salim Syed told Business Insider.
a once-promising experimental Alzheimer's disease drug, it sent a ripple across the scientific and financial worlds.
Now, Mizuho analyst Salim Syed says there's just one question investors are focused on: Can the company get out of its otherpartnerships for Alzheimer's drugs? Biogen should exit the ventures, depending on how much that would cost, Syed said. "The underlying premise is a practical one, insofar that investors generally want to know what the path forward is for BIIB in a post-Aducanumab failure world and if the company plans on putting what is likely good money after bad," he said in a note to investors.
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