as 12-03-2024 11:33am EST
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva (oncology) and Ocrevus (multiple sclerosis) are marketed via a collaboration with Roche. Biogen markets several multiple sclerosis drugs including Plegridy, Tysabri, Tecfidera, and Vumerity. Biogen's newer products include Spinraza (SMA, with partner Ionis), Leqembi (Alzheimers, with partner Eisai), Skyclarys (Friedreich's Ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (ALS, Ionis). Biogen has several drug candidates in phase 3 trials in neurology, immunology, and rare diseases.
Founded: | 1978 | Country: | United States |
Employees: | N/A | City: | CAMBRIDGE |
Market Cap: | 25.1B | IPO Year: | 1991 |
Target Price: | $258.57 | AVG Volume (30 days): | 1.7M |
Analyst Decision: | Buy | Number of Analysts: | 25 |
Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
EPS: | 11.06 | EPS Growth: | 10.05 |
52 Week Low/High: | $153.62 - $268.30 | Next Earning Date: | 10-30-2024 |
Revenue: | $9,607,500,000 | Revenue Growth: | -3.86% |
Revenue Growth (this year): | -0.03% | Revenue Growth (next year): | -1.33% |
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