Recent Updates
Recently added Catalysts
BIIB Positive Sentiment

LEQEMBI® (lecanemab) Subcutaneous Formulation as an Initiation Treatment for Early Alzheimer’s Disease Approved in China

Key Takeaway: Eisai and Biogen announced that China's NMPA approved LEQEMBI's subcutaneous formulation for early Alzheimer's disease treatment. This marks the first anti-amyloid therapy allowing at-home administration, enhancing patient convenience. The regimen involves a weekly self-administered injection, which may reduce healthcare resource demands and improve treatment adherence. The approval follows positive results from the Phase 3 Clarity AD study.

Market Sentiment Analysis

POSITIVE FACTORS

  • First subcutaneous formulation for Alzheimer's treatment in China.
  • Allows for at-home administration, improving patient convenience.
  • Expected to reduce healthcare resource burden associated with IV treatments.
  • Provides flexibility for patients and care partners.

CONCERNS & RISKS

  • Injection-related reactions observed, though mostly localized.
  • Potential for systemic reactions, albeit less frequent.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+34%
120-day peak, hindsight
Typical move
1.8%
average across 15 past catalysts
Lead asset
Alefacept
Phase 3 · Chronic Plaque Psoriasis

Full Press Release Details

The First and Only Anti-Amyloid Therapy in China that Enables At-Home Administration for Alzheimer’s Disease, a Progressive Neurodegenerative Disease

TOKYO and CAMBRIDGE, Mass., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Eisai Co., Ltd. and Biogen Inc. (Nasdaq: BIIB) announced today that the National Medical Products Administration (NMPA) of China has approved the subcutaneous formulation (subcutaneous autoinjector: SC-AI), the anti-amyloid beta (Aβ) protofibril antibody LEQEMBI ® (Chinese trademark: 乐意保 ® ; generic name: lecanemab) as an initiation treatment for mild cognitive impairment (MCI) due to Alzheimer’s disease (AD) or mild AD dementia (collectively referred to as early AD). The application was accepted by the NMPA in January 2026 and was subsequently granted Priority Review designation. Launch is planned during Eisai’s FY 2026, ending March 31, 2027.
LEQEMBI SC-AI is a self-administered autoinjector formulation. The approved regimen is 500 mg given once weekly as two consecutive 250 mg injections. With this approval, LEQEMBI treatment now offers a new option of once-weekly SC administration at home, in addition to intravenous (IV) administration every two weeks in a hospital setting. Patients may also switch from IV to SC administration, or vice versa, during treatment.
LEQEMBI SC-AI may significantly reduce the time required compared with IV infusions (approximate injection time of 15 seconds per injection). In addition, at-home administration may reduce the burden of clinic visits for patients and their care partners and enable treatment options that better fit their lifestyles, providing greater flexibility for going out and traveling. The improved convenience and flexibility of treatment with LEQEMBI is expected to lower barriers to initiating and continuing treatment with LEQEMBI. Furthermore, LEQEMBI SC-AI also has the potential to reduce healthcare resources associated with IV dosing, such as nurse monitoring, as well as maintaining infusion capacity. These features are expected to contribute to further streamlining the overall AD treatment pathway. For ARIA (amyloid-related imaging abnormalities) monitoring, as with IV administration, brain magnetic resonance imaging (MRI) is performed prior to initiating treatment and at specified time points after treatment initiation.
AD is a relentless disease with Aβ and tau as hallmarks, caused by a continuous underlying neurotoxic process driven by protofibrils that begins before amyloid plaque accumulation and continues after plaque removal. 1,2,3 Only LEQEMBI fights AD in two ways – targeting both protofibrils and amyloid plaque.
This marks the second country globally to approve LEQEMBI SC-AI. This approval is based on the integrated results of data and associated modeling and simulation from the 18-month core study of the Phase 3 Clarity AD study of LEQEMBI in patients with early AD, as well as multiple subcutaneous (SC) administration sub-studies (including the Chinese cohort) in its subsequent long-term extension (LTE). Once-weekly administration of SC-AI 500mg demonstrated exposure equivalent to once every two weeks IV administration, with similar clinical and biomarker benefits. The overall safety profile of SC administration was generally similar to that of IV administration. Injection-related reactions were observed with subcutaneous LEQEMBI, most of which were localized, while systemic reactions were less frequently observed.
Eisai estimates that there were 17 million patients with MCI or mild dementia due to AD in China in 2024, which is expected to increase as the population ages. LEQEMBI was launched in China in June 2024 and is leading the establishment of anti-amyloid therapy in AD management, expanding its contribution to patients with early AD.
Eisai serves as the lead of LEQEMBI development and regulatory submissions globally with Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision-making authority. Eisai will distribute the product in China and will conduct information provision activities through specialized medical representatives.
Notes to Editors

Frequently Asked Questions

What is LEQEMBI approved for in China?

LEQEMBI is approved as an initiation treatment for mild cognitive impairment and mild Alzheimer's disease dementia.

How is LEQEMBI administered?

LEQEMBI is administered via a subcutaneous autoinjector with a regimen of 500 mg weekly.

What are the benefits of the subcutaneous formulation?

The subcutaneous formulation allows for at-home administration, reducing clinic visits and enhancing convenience.

What was the basis for LEQEMBI's approval?

Approval was based on results from the Phase 3 Clarity AD study and additional subcutaneous administration studies.

What is the expected impact of LEQEMBI in China?

LEQEMBI aims to address the needs of approximately 17 million patients with mild cognitive impairment or mild dementia due to Alzheimer's.

Last updated: Sep 3, 2026