Biogen Inc Overview
Industry: Drug Manufacturers General
Sector: Healthcare
Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally. The company offers TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; ADUHELM to treat Alzheimer's disease; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE; and BYOOVIZ, a ranibizumab biosimilar referencing LUCENTIS. It also provides RITUXAN for treating non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; OCREVUS for relapsing MS and primary progressive MS; LUNSUMIO to treat relapsed or refractory follicular lymphoma; glofitamab for non-Hodgkin's lymphoma; and other anti-CD20 therapies. In addition, the company is developing various products for the treatment of MS, Alzheimer's disease and dementia, neuromuscular disorders, Parkinson's disease and movement disorders, neuropsychiatry, immunology related diseases, neurovascular disorders, genetic neurodevelopmental disorders, and biosimilars, which are under various stages of development. Biogen Inc. has collaboration and license agreements with Acorda Therapeutics, Inc.; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; Samsung Bioepis Co., Ltd.; Sangamo Therapeutics, Inc.; and Sage Therapeutics, Inc. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts. Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally. The company offers TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); Read MoreMavefund brings filings, fundamentals, valuation, price history and news for Biogen Inc into one research view. The sections below show what strengthens or weakens the research case.
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Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was $2.7B (+3% YoY); EPS was $0.66 (reported).
What changed
- Revenue +3% YoY to $2.7B; EPS reported to $0.66.
Guidance / outlook
we expect it to occur as part of our normal business on a regular basis.
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
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Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
Biogen completes acquisition of immunology firm RayThera By Investing.com
Headline from Investing.com Canada: Biogen completes acquisition of immunology firm RayThera By Investing.com.
Biogen completes acquisition of immunology firm RayThera By Investing.com
Headline from Investing.com South Africa: Biogen completes acquisition of immunology firm RayThera By Investing.com.
Biogen completes acquisition of immunology firm RayThera
Headline from Investing.com: Biogen completes acquisition of immunology firm RayThera.
Biogen completes acquisition of immunology firm RayThera By Investing.com
Headline from Investing.com Canada: Biogen completes acquisition of immunology firm RayThera By Investing.com.
FDA extends review period for Eisai, Biogen Alzheimer’s drug
Headline from Investing.com: FDA extends review period for Eisai, Biogen Alzheimer’s drug.
Wolfe Research upgrades Biogen, AbbVie on pipeline strength and valuation
Headline from Yahoo Finance: Wolfe Research upgrades Biogen, AbbVie on pipeline strength and valuation.
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Financial Statements
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Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.