Biogen’s Alzheimer’s drug launch on ‘steady pace’ as logistical hurdles recede

Biogen on Wednesday reported first-quarter earnings that beat Wall Street expectations largely on reduced expenses. Total revenue was slightly weak overall, but sales were stronger for two newly launched medicines — Leqembi and Skyclarys — that matter most to the biotech’s turnaround effort.

Shares rose 5% to $202 in early trading.

Here’s what you need to know from Biogen’s earnings and conference call:

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