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BioArctic’s Leqembi Gains Inclusion in China’s Innovative Drug List

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BioArctic’s Leqembi Gains Inclusion in China’s Innovative Drug List

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An update from BioArctic AB Class B ( ($SE:BIOA.B) ) is now available.

BioArctic AB’s partner Eisai announced that Leqembi® has been included in China’s ‘Commercial Insurance Innovative Drug List,’ a significant step towards expanding access to early Alzheimer’s Disease treatment in China. This inclusion is expected to bridge the gap between basic reimbursement systems and innovative medicines, potentially impacting the company’s market presence and offering new opportunities for stakeholders.

The most recent analyst rating on ($SE:BIOA.B) stock is a Buy with a SEK328.00 price target. To see the full list of analyst forecasts on BioArctic AB Class B stock, see the SE:BIOA.B Stock Forecast page.

More about BioArctic AB Class B

BioArctic AB is a Swedish biopharmaceutical company focused on developing innovative treatments for neurodegenerative diseases. The company is known for inventing Leqembi® (lecanemab), a drug that slows the progression of Alzheimer’s disease. BioArctic collaborates with Eisai for global regulatory interactions and commercialization. The company also has a research portfolio targeting Parkinson’s disease, ALS, and other Alzheimer’s disease projects, utilizing its proprietary BrainTransporter™ technology.

Average Trading Volume: 188,468

Technical Sentiment Signal: Buy

Current Market Cap: SEK27.26B

For detailed information about BIOA.B stock, go to TipRanks’ Stock Analysis page.

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