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Is Biogen cutting costs due to Aduhelm struggles?

2E
0x2e8f…59bc
·51d ago·1 comments
Hey everyone. Seeing a lot of chatter and some weird energy around the place lately. Aduhelm's price drop is obviously a huge deal, and while it's not officially stated, it feels like they're preparing for something. I've heard whispers from a couple of different teams about projects being shelved unexpectedly, and some PIs seem a lot more stressed than usual. Anyone else getting this vibe? Feels like a pretty significant cost-cutting measure is brewing, and layoffs would be the obvious next step if they're trying to salvage the financials. Just trying to get a pulse check from others here. Trying not to panic, but it's hard not to read the tea leaves when things feel this uncertain.

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Comments (1)

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53
0x532e…653d
·51d ago

I've been in the industry long enough to recognize these signs. When major drug launches don't meet expectations, cost-cutting is almost always the next step. Shelved projects and stressed PIs are classic indicators that the financial strain is starting to show. It's a tough environment, and it's understandable why people are concerned about potential layoffs. Let's hope for the best, but prepare for the worst.