Alzheimer's drug Leqembi forecast to generate $12.9 billion in sales by 2028
Having received accelerated approval from US Food and Drug Administration (FDA) in January this year for their Alzheimer’s disease drug Leqembi (lecanemab), Japan’s Eisai (TYO: 4523) and US biotech Biogen (Nasdaq: BIIB) are now awaiting authorizations in the important markets of the European Union and Japan to solidify the drug’s position as the top-selling drug for Alzheimer's in the upcoming years.
The breakthrough drug is predicted to be a blockbuster, generating total forecast sales of $12.9 billion between 2023 and 2028, according to data and analytics company GlobalData.
The FDA decision on Leqembi was based on data from a Phase II clinical trial named Athena AD. The results of the trial showed that treatment led to a significant reduction in the amount of amyloid beta plaques in the brain and demonstrated a statistically significant reduction in cognitive decline in patients treated with Leqembi compared to those who received a placebo.
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