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The promise of the first new Alzheimer's drug in nearly 2 decades

Lydia Ramsey Pflanzer   

The promise of the first new Alzheimer's drug in nearly 2 decades

Welcome to Business Insider>$4's daily healthcare newsletter>$4, your daily dose of pharma, biotech, and healthcare news. Subscribe here to get this newsletter in your inbox every weekday.>$4

Hello,

While we wait to hear more about the results of the presidential election, here's the latest in healthcare news.

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  • What could be the first disease-modifying Alzheimer's drug got a step closer to US approval on Wednesday.
  • The US Food and Drug Administration released crucial documents Wednesday summarizing the evidence for and against Biogen's experimental treatment called aducanumab.
  • The FDA documents stated Biogen has "provided substantial evidence of effectiveness to support approval."
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  • Health insurance stocks like Cigna and UnitedHealth Group soared on Wednesday morning, even though the 2020 presidential election remains undecided.
  • Analysts said it's clear from the election results so far that big healthcare policy changes are unlikely over the next four years.
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Read the full story from Shelby Livingston here>>>$4

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  • The US reportedly surpassed 103,000 COVID-19 new daily infections on Wednesday, the COVID-19 Tracking Project reported.
  • Experts have warned the US is entering the "deadliest" wave of the pandemic as cold weather sets in and people begin hunkering down indoors.
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More stories we're reading:

  • $4 (Business Insider)
  • $4 (Bloomberg Law)
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  • $4 (Stat News)

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- Lydia

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