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Biogen spent a majority of its lengthy second-quarter earnings conference call Tuesday emphasizing a shift to a more aggressive clinical research and business development strategy in neuroscience.

The Biogen plan, neatly summarized: Use cash flow from its existing multiple sclerosis business to expand the company’s neuroscience portfolio and fuel future earnings growth. Boring share repurchases are out. What’s in? Sexy acquisitions and/or partnering deals to bring in new drugs targeting Alzheimer’s, Parkinson’s, spinal muscular atrophy, neuromuscular disorders, and other neuroscience diseases.

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