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Shares of Biogen (BIIB +0.4%) have recovered after diving abruptly around 1:30 on reports a...

Jul. 22, 2013 3:28 PM ETBiogen Inc. (BIIB) StockBIIBBy: Colin Lokey, SA News Editor
Shares of Biogen (BIIB +0.4%) have recovered after diving abruptly around 1:30 on reports a patient has died while on the company's MS drug Tecfidera although no link has been established between the incident and the drug. Wells Fargo's Brian Abrahams — no stranger to commenting on Tecfidera — does not "expect a dramatic impact on [the treatment's] uptake trajectory," and speculates that there were "other infectious issues contributing" to the patient's death.

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