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What: Shares of biotech-drug developer Biogen Idec
So what: Though we're deep into another earnings season, Biogen's jump came from a different source: oral multiple sclerosis treatment BG-12 showed very good efficacy and fairly low risk of side effects in the second of two phase 3 FDA trials.
Now what: As an MS patient myself, I find these results very exciting: BG-12 pills seem to reduce relapses more than the baseline of Teva Pharmaceutical's
Interested in more info about Biogen Idec? Click here to add it to My Watchlist.
Fool contributor Anders Bylund holds no position in any of the companies mentioned and only wishes he knew a lot less about MS. The Motley Fool owns shares of Teva Pharmaceutical Industries. Motley Fool newsletter services have recommended buying shares of Elan and Teva Pharmaceutical Industries. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. We have a disclosure policy.