Biogen prices new MS drug at discount to key competitors

WASHINGTON, Apr 1:  Biogen Idec Inc said on Friday it will charge 54,900 dollar a year for its multiple sclerosis drug, Tecfidera, which received US 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 dollar a year, in a bid to maximize its market share. (agencies)

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