Biogen prices new MS drug at discount to key competitors

[riky]

Biogen prices new MS drug at discount to key competitors

<p><a href="http://news.yahoo.com/biogen-prices-ms-drug-discount-key-competitors-180633956--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/hzJlT8eX50iitB4iVo99Tg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-03-29T180633Z_1_CBRE92S1EB000_RTROPTP_2_USA.JPG" width="130" height="86" alt="A pedestrian passes the sign outside the headquarters of Biogen Idec Inc. in Cambridge" align="left" title="A pedestrian passes the sign outside the headquarters of Biogen Idec Inc. in Cambridge" border="0" /></a>WASHINGTON (Reuters) - Biogen Idec Inc said on Friday it will charge $54,900 a year for its multiple sclerosis drug, Tecfidera, which received U.S. approval on Wednesday. The company has priced the drug at a discount to key competitors such as Novartis AG's MS pill Gilenya, which costs roughly $60,000 a year, in a bid to maximize its market share. &quot;We think this represents solid value to the MS community and demonstrates our commitment to patient access,&quot; said Kate Niazi-Sai, a Biogen spokeswoman. ...</p><br clear="all"/>

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