Biogen CEO Michel Vounatsos to Step Aside After Alzheimer’s Drug Struggles
Company says it will eliminate the sales infrastructure for Aduhelm, saving $500 million annually
Biogen Inc. is shedding Chief Executive Michel Vounatsos and effectively abandoning its high-profile Alzheimer’s disease treatment Aduhelm as it attempts to chart a best casino sites 0 course after Medicare’s devastating refusal to pay for it.
Biogen said Tuesday that Mr. Vounatsos, 60 years old, would continue to lead the company and remain on its board until a search for a best casino sites 0 CEO is completed. It also took steps that will effectively end its marketing of the Alzheimer’s drug.
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