Biogen prices new ALS treatment at $14,230 per vial

Biogen Inc. BIIB has priced its recently approved ALS treatment Qalsody at $14,230 per vial, a spokesperson confirmed to MarketWatch on Tuesday. The drug, also known as tofersen, was granted accelerated approval by the U.S. Food and Drug Administration last week. The treatment is administered through a spinal injection. The price tag of $14,230 is the wholesale acquisition cost, the spokesperson said. Biogen stock was down 1.2% Tuesday, but has gained 11% in the year to date, while the S&P 500 has gained 8.6%.

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