The Institute for Clinical and Economic Review (ICER) issued a draft evidence report on the effectiveness and value of Biogen, Inc.’s amyloid-clearing antibody aducanumab for mild Alzheimer’s disease with a recommended price of $2,500-$8,300 per year, which fell short of analyst predictions. ICER said the available data for aducanumab are insufficient to determine the net health benefit for patients given mixed Phase III efficacy results and the high risk of a potentially serious side effect.
Opinions of aducanumab’s prospects seem to be largely unchanged by the drug cost watchdog’s assessment, but many observers already have...




