Business
FDA panel urges rejection of experimental Alzheimer’s drug
Published
6 years agoon
WASHINGTON (AP) — Government health advisers sharply criticized a closely watched Alzheimer’s drug on Friday, concluding there wasn’t enough evidence that the experimental drug slowed the brain-destroying disease.
The panel of outside experts for the Food and Drug Administration agreed that a pivotal study in patients failed to show “strong evidence” that the drug worked. The experts warned of multiple “red flags” with the data, which did not initially show any benefit until another analysis with later results.
Friday’s meeting follows months of skepticism about the drug, developed by Cambridge, Massachusetts-based Biogen Inc. and Japan’s Eisai Co.
“Alzheimer’s treatment is a huge, urgent, unmet need,” said panelist Dr. Joel Perlmutter, of Washington University School of Medicine. “But if we approve something with data that is not strong we have the risk of delaying good, effective treatments.”
He was one of eight panelists who voted against the drug’s evidence; one voted that the drug showed “strong evidence” and two members said they were undecided. The panel also rejected the merits of a second study of the drug.
The FDA is not required to follow the group’s guidance but their negative opinion could weigh heavily on the agency’s decision on whether to greenlight the drug. The FDA is expected to make a decision by March.
The Biogen drug, known as aducanumab, does not cure or reverse Alzheimer’s; the claim is that it modestly slows the rate of decline. Current drugs only temporarily ease symptoms and no new options have emerged since 2003.
Much of panel’s commentary was a rejection of the FDA’s viewpoint. Earlier in the day, the FDA’s chief staff reviewer gave a glowing review of the drug, calling study data submitted by Biogen “exceptionally persuasive,” “strongly positive” and “robust.” But an FDA statistician noted flaws and inconsistencies in the results and potential safety issues.
″“It feels like the audio and video on TV are out of sync,” said panel member Dr. Caleb Alexander of Johns Hopkins University.
The drugmakers halted two studies of their drug last year after disappointing results. But several months later the companies reversed course, announcing that a new analysis showed the drug was effective at a higher dose and that the FDA advised that it might warrant approval.
More than 5 million people in the United States and many more worldwide have Alzheimer’s, the most common form of dementia.
The drug is expected to be very expensive and “could bankrupt our health care system” while giving patients false hope, the consumer group Public Citizen warned in comments ahead of the meeting.
The FDA evaluation focuses on safety and effectiveness. But advocates for approval, including the Alzheimer’s Association, are pushing to make need part of the decision.
ABOUT THE DRUG
Aducanumab (pronounced “add-yoo-CAN-yoo-mab”) aims to help clear harmful clumps of a protein called beta-amyloid from the brain. Other experimental drugs have done that but it made no difference in patients’ ability to think, care for themselves or live independently.
It’s a biotech medicine made from living cells, and such drugs are very expensive. No price estimate has been announced for the drug, which is given through an IV once a month.
If aducanumab is approved, it’s expected to be covered by Medicare, the government plan for seniors. The FDA and Medicare are barred from considering cost when reviewing a new drug or treatment.
Even qualifying for the drug could be expensive. It’s only been tested in people with mild dementia from Alzheimer’s or a less severe condition called mild cognitive impairment. To verify a diagnosis has required brain scans that cost $5,000 or more. Insurers including Medicare don’t cover the scans because their benefits are unclear, but that could change if a scan becomes a gateway to treatment.
THE EVIDENCE
Historically, the FDA often required two studies showing safety and effectiveness, but in recent years has relaxed that standard.
Each of the two aducanumab studies enrolled about 1,650 people and were stopped roughly halfway through when it seemed the drug wasn’t working. Biogen says that later results show one study was positive at the highest dose; the second study was clearly negative. The company says an analysis from both studies on people who got the highest dose for the longest time shows benefit.
But there are many questions about the validity of such analyses. Another complication: the studies were changed after they were underway to let some people get a higher dose. And the placebo group in the positive study worsened more than the one in the negative study did, which could help explain why aducanumab appeared better by comparison in that one.
The FDA review largely dismissed safety concerns, including swelling in the brain that occurred in as many as one-third of patients, often leading to discontinuation of the drug.
The FDA should require a third study to test the drug in ideal conditions and get a clear answer, said the Mayo Clinic’s Dr. David Knopman, in an interview ahead of the meeting. He’s on the FDA advisory panel but didn’t participate in Friday’s meeting because he helped lead one study. He and other doctors published a journal report earlier this week arguing against approval.
WHAT IT WOULD MEAN FOR PATIENTS
Nearly a dozen Alzheimer’s patients, family members and doctors urged approval of the drug during a public comment period of the online meeting, saying the move would provide hope to patients and spur development of additional therapies.
But any benefit from the drug “is relatively small,” said Dr. Eliezer Masliah, neuroscience chief at the U.S. National Institute on Aging, commenting before the meeting.
In the positive study, the drug modestly slowed the rate of mental decline — a difference of only 0.39 on an 18-point score of thinking skills. How much that means in terms of being able to live independently, recognize family members or remember things is unclear.
Drugs that remove amyloid may have to be combined with medicines that do other things in the brain, and used early enough before damage occurs, to do much good, Masliah said.
If the drug is approved, the American Academy of Neurology urged the FDA to not make it a broad authorization, which could expose many patients to a medicine that might harm rather than help, and could “overwhelm the health care system.”
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Business
Addition Financial, Rosen Preschools Partner to Expand Financial Literacy for Central Florida Children
Published
4 days agoon
September 22, 2026Now in its fourth year, ADDing FUNdamentals introduces children as young as 4 to saving, needs versus wants and other basic money concepts through classroom activities and take-home resources.
ORLANDO, Fla. (FNN) — Addition Financial Credit Union is expanding its ADDing FUNdamentals community impact program through a new partnership with Rosen Preschools, bringing financial literacy education to children as young as 4 while providing resources designed to extend those lessons into their homes.
Now in its fourth year, ADDing FUNdamentals introduces preschool-aged children to basic money-management concepts through interactive, age-appropriate learning experiences.
Developed through a partnership with Junior Achievement of Central Florida and the Early Learning Coalition of Orange County, the program uses Junior Achievement’s JA Ourselves curriculum to teach children foundational concepts including making choices, distinguishing needs from wants and saving money.
Rosen Preschools is participating in the program for the first time, expanding the initiative’s reach to more children and families in Central Florida.
Addition Financial Credit Union, Rosen Preschools and community partners celebrate the expansion of the ADDing FUNdamentals financial literacy program, which introduces preschool-aged children to basic money-management concepts through hands-on learning and imaginative play.
Financial Lessons Extend Beyond the Classroom
As part of the initiative, volunteers from Addition Financial, Junior Achievement and Rosen Hotels & Resorts assembled backpacks filled with educational resources designed to help children follow along with classroom lessons and continue learning at home with their families.
A portion of the backpacks will be distributed to Rosen Tangelo Park Preschool and Rosen Preschool in Parramore.
Addition Financial is also providing playhouses modeled after miniature credit unions, giving students an opportunity to practice basic money-management concepts through imaginative play.
The combination of classroom instruction, hands-on activities and take-home materials is designed to reinforce financial concepts while encouraging families to continue conversations about money outside the classroom.
Rosen CEO: Financial Literacy Is a Critical Life Skill
Frank Santos, president and CEO of Rosen Hotels & Resorts, said his professional background in finance has made financial literacy an issue he strongly supports.
“We are very proud to partner with Addition Financial to bring the ADDing FUNdamentals program to the Rosen Preschools,” Santos said. “Having spent a majority of my career in finance, I am a big advocate for financial literacy.”
Santos called financial literacy a critical life skill and said introducing foundational lessons early, while also sending educational materials home to families, can help prepare children for long-term success.
Addition Financial Focuses on Starting Financial Education Early
Kevin Dougherty, chief operations officer at Addition Financial Credit Union, said the partnership with Rosen expands the program’s ability to introduce financial concepts during children’s formative years.
“We are incredibly grateful to have an organization of Rosen’s caliber become a part of the ADDing FUNdamentals program,” Dougherty said. “The students at Rosen Preschools will now get a jump start on developing key skills many of us take for granted — understanding and managing money.”
Dougherty said the response to the program since its launch demonstrates interest in providing financial education at an early age.
“The positive response and success we’ve seen since launching the program speaks to the need of fostering financial education at an early age,” Dougherty said.

Building Financial Skills Through Community Partnerships
The collaboration brings together a credit union, hospitality organization and education-focused community partners around a shared effort to introduce financial concepts to children early in life.
Rather than limiting the experience to classroom instruction, ADDing FUNdamentals combines curriculum, interactive play and educational materials that children can take home and share with their families.
The addition of Rosen Preschools in the program’s fourth year further expands its presence in Central Florida and brings the financial literacy initiative into the Tangelo Park and Parramore communities.
Through lessons on saving, choices and needs versus wants, participating children receive an early introduction to concepts they will encounter throughout their lives.
Business
FNN News Expands National Event Coverage With Los Angeles, Atlanta and Las Vegas Plans
Published
4 days agoon
September 22, 2026Florida National News invites businesses and brands to explore partnership opportunities as FNN Sports Zone prepares special programming and on-location coverage
ORLANDO, Fla. (FNN) — Florida National News is expanding its national news and sports presence with plans for special event coverage from Los Angeles in 2027, Atlanta in 2028 and Las Vegas in 2029, creating new opportunities for businesses and organizations to connect with FNN audiences across multiple platforms.
The multiyear initiative will focus on coverage surrounding one of the biggest weeks in American sports, with FNN journalists and content teams covering stories beyond the field, including sports, entertainment, travel and tourism, business, culture and community impact.
The expansion is part of FNN’s broader strategy to grow from its Florida-based reporting operation into a digital news network with an increased presence at major events and media markets across the country.
FNN Sports Zone Goes National
A major component of the initiative will be the FNN Sports Zone Podcast Show Live, featuring special programming, interviews, analysis, digital content and planned on-location coverage.
FNN Sports Zone’s national event programming is designed to provide audiences with coverage throughout major sports weeks, including conversations with athletes, sports personalities, business leaders, community representatives and other newsmakers when available.
The programming will be distributed across FNN’s digital and social media platforms as the network continues expanding its sports audience and original video content.
Opportunities for Businesses and Brands
Florida National News is also inviting businesses, brands, organizations and community partners to explore opportunities to support FNN’s independent national news and sports coverage.
Potential opportunities include FNN program sponsorships, brand partnerships, digital and social media campaigns, content collaborations, community partnerships and authorized on-site activations.
The initiative is centered on a simple message:
“Your Brand. Three Cities. One National Platform.”
Rather than limiting coverage to what happens on the field, FNN plans to highlight the economic and cultural activity surrounding major sports events — from hospitality and tourism to entertainment, local businesses and community stories.
Three Major Markets
The national coverage initiative is scheduled to spotlight Los Angeles in 2027, Atlanta in 2028 and Las Vegas in 2029.
Each market provides FNN with opportunities to produce original reporting and programming while developing relationships with businesses, tourism organizations, community leaders, sports professionals and other potential news sources.
The initiative also supports FNN’s long-term expansion of its national reporting footprint while maintaining its Florida news operations.
Partner With FNN News
Businesses and organizations interested in learning more about FNN News national coverage and partnership opportunities can contact:
Social@FloridaNationalNews.com
FloridaNationalNews.com | FNNNews.com
REAL NEWS. REAL PEOPLE. REAL FLORIDA. REAL IMPACT.
Florida National News/FNN News is an independent news organization. FNN is not affiliated with, endorsed by or sponsored by the National Football League, its member clubs or event venues. On-site activities and coverage are subject to applicable credentials, permissions and venue or event requirements.
Business
Experience Kissimmee CEO DT Minich Inducted Into Florida Tourism Hall of Fame
Published
1 week agoon
September 15, 2026Experience Kissimmee President and CEO DT Minich receives statewide recognition after a career leading destination marketing organizations in Southwest Florida, St. Pete-Clearwater and Kissimmee.
KISSIMMEE, Fla. (FNN) — Experience Kissimmee President and CEO DT Minich has been inducted into the Florida Tourism Hall of Fame, recognizing more than three decades of leadership in Florida’s tourism and destination marketing industry.
Minich was recognized during the 2026 Florida Governor’s Conference on Tourism, held Sept. 9-11 at the Palm Beach County Convention Center in West Palm Beach.
Presented on behalf of the VISIT FLORIDA Board of Directors, the Florida Tourism Hall of Fame recognizes individuals whose leadership and contributions have helped shape the state’s tourism industry.
Three Florida Destinations, More Than Three Decades
According to Experience Kissimmee, Minich is the only tourism executive to have led three Florida destination marketing organizations.
His career includes leadership positions with the Lee County Visitor & Convention Bureau, Visit St. Pete-Clearwater and Experience Kissimmee.
“This recognition represents every community, partner and tourism professional I have had the privilege of working alongside throughout my career,” Minich said.
“We are here not only to welcome visitors, but also to strengthen our communities, create opportunities for residents, and protect what makes Florida such a special place.”
From Southwest Florida to St. Pete-Clearwater
Minich began his destination marketing career in the Fort Myers area, where Southwest Florida’s coastal communities and natural environment influenced his approach to tourism development.
His work included helping develop the nearly 200-mile Great Calusa Blueway Paddling Trail.
Minich also helped lead tourism communications following Hurricane Charley and supported Gulf Coast destinations during the Deepwater Horizon oil spill, according to the organization.
He later spent seven years as executive director of Visit St. Pete-Clearwater, where his work included expanding the destination’s international reach and developing its meetings and sports tourism business.
Transforming Experience Kissimmee
Minich became the first president and CEO of Experience Kissimmee in 2014 as the organization transitioned to a public-private model.
During his tenure, Experience Kissimmee positioned the destination around its large vacation-home market and promoted Kissimmee as the “Vacation Home Capital of the World.”
According to Experience Kissimmee, the area’s vacation-home inventory increased from approximately 10,000 to more than 30,000 homes during Minich’s leadership.
The organization says its annual budget also grew from approximately $11 million to more than $32 million, while its workforce expanded to more than 70 employees. Experience Kissimmee also established representation in more than 18 international markets.
Statewide Tourism Leadership
In 2025, Minich became the first Experience Kissimmee leader appointed to the VISIT FLORIDA Board of Directors, giving him a role in statewide tourism strategy.
Sam Haught, co-owner of Wild Florida Adventure Park and a VISIT FLORIDA board member, said Minich’s influence extends beyond a single destination.
“He has helped tourism grow in a way that supports local businesses, creates opportunities for residents and strengthens the community we call home,” Haught said.
VISIT FLORIDA President and CEO Bryan Griffin also recognized Minich’s statewide contributions.
“DT Minich has spent more than three decades in service to Florida tourism, and the relationships he has built are felt in every corner of the state,” Griffin said. “He has supported destinations from the Gulf Coast to Central Florida, enhanced the industry, and made extraordinary contributions to Florida tourism.”
Joining Florida Tourism Leaders
Established in 2001, the Florida Tourism Hall of Fame recognizes individuals whose work has contributed to the development of Florida’s visitor economy.
Previous inductees include Walt Disney, Henry Flagler, John Ringling, Harris Rosen, Carol Dover and William D. Talbert III, according to the release.
Minich now joins that group as the Hall of Fame’s 2026 inductee.