Health Care Down After Biogen Data -- Health Care Roundup

Dow Jones05-15

Health-care companies slipped after a disappointing result in one key trial.

Biogen shares tumbled after a trial of the biotech firm's experimental drug for Alzheimer's disease failed to show that higher doses produced greater benefits for patients. The treatment showed promise at lower doses, a hopeful sign after decades of failures for Alzheimer's disease drugs across the industry.

State laws in California and Oregon restricting private-equity involvement in the medical sector are starting to bite, with California Attorney General Rob Bonta penalizing Aspen Dental Management, which is backed by asset managers Leonard Green & Partners and Ares Management.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

May 14, 2026 17:32 ET (21:32 GMT)

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