Biogen prices new MS drug at discount to key competitors

WASHINGTON, Mar 30:  Biogen Idec Inc said yesterday it will charge 54,900 dollar a year for its multiple sclerosis drug, Tecfidera, which received US approval on Wednesday. The company has priced the drug at a discount to key competitors such as Novartis AG’s MS pill Gilenya, which costs roughly $60,000 a year, in a bid to maximize its market share. (agencies)