Biogen Inc BIIB

$232.65 -2.70 (-1.15%)

Valuation

Market cap
34,773,900,000
Revenue TTM
$9,890,600,000
Net income TTM
$1,292,900,000
PE ratio
16.67
Forward PE
18.76
Profit margin
13.07%
Debt to equity
0.39

Trading

Volume
1,462,700
Avg volume
978,594
Day's range
$232.36 – $236.87
Shares out
147,754,000
Stochastic %K
67%
Beta
0.09
Analysts
Strong Sell
Price target
$242.48

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

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
Quantumup Oct 14, 11:29 AM
Cantor reiterated $OMER Overweight-$22 and said -- We're flagging a potential catalyst for OMER this week $AZN $BIIB RHHBY NVS Cantor added—OMER will present its Yartemlea case to CHMP today (October 14) at 10AM ET, and we expect a final opinion by the end of the week. Yartemlea is a monoclonal MASP-2 antibody for TA-TMA, and is already approved / launched in the US. Our call: we're not expecting a reversal from CHMP, but we're not writing it off either. Omeros gets another chance to make its case to CHMP after the committee's negative opinion in June, and with almost no European contribution in our estimates today, a positive outcome could give us another reason to revisit the numbers. We remain OW with a $22 PT.
0 replies
GlobalTradersAcademy Oct 13, 1:59 AM
$BA $BIIB $MCD congress trades on my terminal this week 🏛️ Rep. Salazar trimmed Boeing and Biogen on Sept 24, and Rep. Gottheimer trimmed McDonald's on Sept 25. small ones, 1K–15K each, but always worth seeing who's selling what 👀 proprietary data from our GTA terminal
0 replies
Stocktwits52wHighs Oct 12, 5:16 PM
$BIIB printed a new 52-week high today
0 replies
schaeffers Oct 12, 3:26 PM
3 upgrades of note today: $CRM double upgrade $BIIB gets a $300 PT hike $FSLR bouncing back
0 replies
KryptonResearch14 Oct 12, 1:00 PM
$BIIB JPMorgan upgraded to Overweight from Neutral this morning and lifted the target to 300 from 210 (a December 2027 number, per The Fly). Their case is that Biogen's more than a Leqembi stock: felzartamab's phase 3 in antibody-mediated rejection is the lead catalyst, a market over 2 billion dollars, with litifilimab's two cutaneous lupus phase 3 readouts behind it. About 14x JPMorgan's 2027 EPS. Up around 3% in premarket trading, near its highest since July 2024.
0 replies