Biogen Inc

Biogen has discovered, developed, and delivered breakthrough treatments for nearly half a century. This neuro-STAR has dedicated itself to unlocking the secrets of the brain with a focus on treatments for neurological and neurodegenerative diseases. Its diverse portfolio of products includes a multiple sclerosis drug and a recently FDA-approved Alzheimer's disease treatment.

$146.07
(as of Feb 5, 1:52 PM EST)

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Ticker Information for Biogen Inc

Stock Price
$146.07
Ticker Symbol
BIIB
Exchange
NASDAQ

Industry Information for Biogen Inc

Sector
Healthcare
Industry
Drug Manufacturers - General

Company Description for Biogen Inc

Country
USA
Full Time Employees
7,570

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 provides 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 offers 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, genetic neurodevelopmental disorders, and biosimilars, which are under various stages of development. It 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., as well as collaboration with Fujirebio to potentially identify and develop blood-based biomarkers for tau pathology in the brain. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.

Fundamentals for Biogen Inc

Market Capitalization
$20,741,642,240
EBITDA
$2,884,999,936
Dividends per Share
P/E Ratio
12.88
Forward P/E Ratio
8.46
Earnings per Share
$11.05
Earnings per Share Estimate Next Year
$16.29
Profit Margin
16.81%
Shares Outstanding
145,719,008
Percent Owned by Insiders
0.15%
Percent Owned by Institutions
96.01%
52-Week High
$246.44
52-Week Low
$139.71

Technical Indicators for Biogen Inc

50-Day Moving Average
$151.44
200-Day Moving Average
$192.76
RSI
39.97
3.58

Analyst Ratings for Biogen Inc

Strong Buy
13
Buy
5
Hold
16
Sell
0
Strong Sell
0

News About Biogen Inc

Jan 29, 2025, 12:10 PM EST
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? See more.
Jan 29, 2025, 12:02 PM EST
It was a busy week for the biotech sector, with regulatory and pipeline updates. See more.
Jan 28, 2025, 11:54 AM EST
Sage Therapeutics SAGE announced that its board of directors has rejected the unsolicited, non-binding proposal offer from drug giant Biogen BIIB to acquire the remaining shares of SAGE. See more.
Jan 27, 2025, 3:57 PM EST
Health care stocks were advancing late Monday afternoon, with the NYSE Health Care Index adding 2.2% See more.
Jan 27, 2025, 9:28 AM EST
(Reuters) -Sage Therapeutics said on Monday that its board has unanimously rejected Biogen’s $469 million offer, stating it "significantly undervalues" the company and does not serve shareholders' best interests. See more.