Why Biogen Inc. Stock Soared 15.2% Today [The Motley Fool]
Biogen Inc. (BIIB)
Last biogen inc. earnings: 4/22 07:12 am
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Source: The Motley Fool
Encouraging clinical results for an experimental Alzheimer's disease drug provide a big boost for the biotech stock. Keith Speights ( TMFFishBiz ) Jul 6, 2018 at 12:45PM What happened Shares of Biogen Inc. ( NASDAQ:BIIB ) were up 15.2% as of 11:35 a.m. EDT on Friday after the biotech, along with partner Eisai , reported encouraging results from a phase 2 clinical study of BAN2401 in treating Alzheimer's disease. Patients taking BAN2401 achieved statistically significant improvement compared to patients on placebo after 18 months in slowing progression of Alzheimer's disease and in the reduction of amyloid accumulations in the brain. The two drugmakers enrolled 856 patients with early Alzheimer's disease in the phase 2 clinical study. These patients were randomized into five groups -- four receiving varying doses of BAN2401 and one placebo group
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BIIB
News
- 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
- Biogen (BIIB) Q1 Earnings Beat, Stock Up on Alzheimer Drug Uptake [Yahoo! Finance]Yahoo! Finance
- Biogen (BIIB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Biogen Inc. (NASDAQ: BIIB) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $294.00 price target on the stock.MarketBeat
- Should You Be Confident in Biogen (BIIB)? [Yahoo! Finance]Yahoo! Finance
BIIB
Earnings
- 4/24/24 - 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