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Biogen CEO touts “new era of growth” at TD Cowen as 10 Phase 3 programs near key readouts [Yahoo! Finance]
Last biogen inc. earnings: 4/22 07:12 am
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US:NASDAQ Investor Relations: biogen.com/en_us/investors.html
through the end of the decade, and CEO Christopher Viehbacher says the company is entering a "whole new era of growth" even as it has cut R&D spending by about 25% over three years to reallocate resources toward launch and medical activities. Leqembi's complex launch is being simplified via approved blood-based diagnostics (raising appropriate-treatment yield from ~50% to ~70%), a subcutaneous maintenance form already approved and a subcutaneous induction under priority review (decision expected May 24), with Part D coverage timing that could affect availability in 2027. Biogen will be selective on M&A , focusing on assets with nearer-term launch potential because replacing $1 billion of after-tax profit could require $15–$20 billion in deals; near-term growth is expected to come from recent launches (Leqembi, QALSODY, ZURZUVAE, SKYCLARYS) while legacy MS products face continued competitive erosion and a mid-single-digit revenue decline is guided for 2026. Interested in Biogen I
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- What Makes Biogen (BIIB) an Attractive Long-Term Holding? [Yahoo! Finance][Yahoo! Finance]
- Biogen to Share New SMA Data at Muscular Dystrophy Association and SMA Europe Conferences [Yahoo! Finance][Yahoo! Finance]
- Biogen to Share New SMA Data at Muscular Dystrophy Association and SMA Europe Conferences[GlobeNewswire]
- The New England Journal of Medicine Publishes First Data to Demonstrate the Potential for Disease Modification in Dravet Syndrome [Yahoo! Finance][Yahoo! Finance]
- The New England Journal of Medicine Publishes First Data to Demonstrate the Potential for Disease Modification in Dravet Syndrome[GlobeNewswire]
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