UPDATE 3-Biogen/Eisai Alzheimer's drug cuts cognitive decline 30 pct -study [Reuters]
Biogen Inc. (BIIB)
Last biogen inc. earnings: 4/22 07:12 am
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Source: Reuters
Biogen/Eisai Alzheimer's drug cuts cognitive decline 30 percent: study | Reuters 4 Min Read CHICAGO (Reuters) - Biogen Inc and partner Eisai Co Ltd said patients with early-stage Alzheimer’s disease treated with their experimental drug BAN2401 experienced 30 percent less cognitive decline than those who got a placebo in a highly anticipated midstage trial. The second-highest dose of the drug also showed some benefit, but did not meet statistical significance, according to data presented on Wednesday at the Alzheimer’s Association International Conference in Chicago. Investors, who had bid up Biogen shares earlier this month after the companies said the drug was effective at the highest dose, were selling off shares after presentation of the details. Biogen shares fell more than 11 percent in extended trading to $339. But experts were generally positive. “Overall, it’s a shot in the arm for the field,” said Dr. Ronald Petersen, from the Mayo Clinic in Rochester, Minnesota. “It rejuvena
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News
- Biogen Receives Positive CHMP Opinion for TOFIDENCE™ (tocilizumab), a Biosimilar Referencing ROACTEMRA® [Yahoo! Finance]Yahoo! Finance
- Biogen Inc. (NASDAQ: BIIB) had its price target lowered by analysts at Barclays PLC from $215.00 to $200.00. They now have an "equal weight" rating on the stock.MarketBeat
- Shareholders 30% loss in Biogen (NASDAQ:BIIB) partly attributable to the company's decline in earnings over past year [Yahoo! Finance]Yahoo! Finance
- Biogen Inc. (NASDAQ: BIIB) had its price target raised by analysts at Wedbush from $213.00 to $215.00. They now have a "neutral" rating on the stock.MarketBeat
- Biogen Inc. (NASDAQ: BIIB) had its price target lowered by analysts at HC Wainwright from $325.00 to $300.00. They now have a "buy" rating on the stock.MarketBeat
BIIB
Earnings
- 4/25/24 - Beat
BIIB
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/12/24 - Form PRE
- BIIB's page on the SEC website