Biogen Exercises Option with Ionis to Develop and Commercialize Investigational Treatment BIIB067 for a Subtype of Familial Amyotrophic Lateral Sclerosis (ALS) Based on Positive Phase 1 Data
- Positive interim analysis demonstrated proof-of-biology and proof-of-concept for BIIB067
- Biogen plans to advance BIIB067 to a pivotal clinical study
- Biogen paid Ionis Pharmaceuticals a $35 million one-time upfront payment and may pay potential milestone payments and royalties