Biogen Inc BIIB

$243.10 +9.62 (4.12%)

Valuation

Market cap
34,374,964,000
Revenue TTM
$9,890,600,000
Net income TTM
$1,292,900,000
PE ratio
16.85
Forward PE
19.01
Profit margin
13.07%
Debt to equity
0.39

Trading

Volume
1,492,100
Avg volume
980,778
Day's range
$235.96 – $244.65
Shares out
147,754,000
Stochastic %K
70%
Beta
0.09
Analysts
Strong Sell
Price target
$242.94

Price

Company profile

Biogen Inc. discovers, develops, manufactures, and delivers therapies in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, and TYSABRI for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; SKYCLARYS to treat Friedreich's Ataxia; QALSODY for treating amyotrophic lateral sclerosis; FUMADERM to treat plaque psoriasis; BENEPALI, an etan...

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Biogen Inc. discovers, develops, manufactures, and delivers therapies in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, and TYSABRI for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; SKYCLARYS to treat Friedreich's Ataxia; QALSODY for treating amyotrophic lateral sclerosis; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE. It offers LEQEMBI for the treatment of Alzheimer's disease; ZURZUVAE for the treatment of postpartum depression; RITUXAN to treat 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 aRelapsed or refractory diffuse large B-cell lymphoma; and other anti-CD20 therapies. Biogen Inc. has collaboration and license agreements with Merz Therapeutics; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; UCB; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and Sage Therapeutics, Inc., as well as collaborations with Stoke Therapeutics, Inc. for the development and commercialization of zorevunersen, a disease modifying medicine for the treatment of Dravet syndrome; Dayra Therapeutics, Inc. to develop oral macrocyclic peptides; Vanqua Bio, Inc. for developing Vanqua's preclinical oral C5aR1 antagonist compound; City Therapeutics, Inc. to develop select novel RNAi therapies; and ALTEOGEN Inc. to develop subcutaneous (SC) formulations of biologics utilizing ALT-B4. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.

Industry
Drug Manufacturers - General
Sector
Healthcare
Phone
617 679 2000
Website
https://www.biogen.com
Address
225 Binney Street, Cambridge, United States

Latest news

Stocktwits

Quantumup Oct 20, 3:33 PM
Truist reiterated $SRRK Buy-$77 and said -- SMA KOLs say 80% pts interested in Isembyld, expect 50-60% pts to be on drug in 5yrs; fractures not limiting $BIIB IONS RHHBY $NVS VYGR ARGX Truist added—We reiterate Buy on SRRK after KOL feedback supporting broad Isembyld uptake, with two KOLs guiding to ~60% and ~50% SMA patient penetration in five years. KOLs validated SAPPHIRE, highlighting ~33% responder rate at >=3 points and real function (rolling, feeding, sitting). Both would prescribe broadly, favoring earlier patients, with ~80% patient interest cited. KOLs to watch fracture risk but don't view it as limiting; expect most neurologists to skip DEXA. On reimbursement, KOLs see potential for some pushback early on in launch, but expect drug to be covered, as seen with other SMA drugs. Both were skeptical on FSHD but flagged combo potential with disease modifiers.
0 replies
ivanhoff Oct 20, 3:23 PM
Healthcare stocks are dominating the new 52-week relative-strength high list: $HTFL $LLY $BIIB
0 replies
WAJeff Oct 20, 2:33 PM
$BIIB $243.49 52 week high, was worried it would reverse the moment I got involved but trend intact for now
0 replies
11thestate Oct 19, 12:58 PM
If you missed the deadline, don’t miss this update. This is probably the most useful info you’ve read in years about $BIIB how you can actually recover something: https://11th.com/cases/biib-investor-settlement
0 replies
OldManLogan Oct 18, 6:28 PM
$LRMR No. I think you are confusing Larimar's Nomlabofusp with $BIIB 's drug Skyklarus... that drug delayed/eased symptoms of FA. LRMR's drug is disease modifying - by sufficiently raising the levels of Frataxin in FA patients, they become asmyptomatic... yes they still have the disease that causes frataxin deficiency, but the drug delivers enough frataxin that they can function normally.
0 replies
Topgunbar0 Oct 16, 8:16 AM
$BIIB bullish
0 replies
WAJeff Oct 15, 6:05 PM
$BIIB add 237.96, but I am very late to the trend change here which began after bottoming at $115 a week after Liberation Day.
1 replies
ivanhoff Oct 15, 2:03 PM
Just like yesterday, the stocks making new 52-week relative strength high vs the S&P 500 are defensive healthcare and consumer staples stocks like $ABBV $BIIB $KO etc.
0 replies