Biogen (BIIB) Tops Q3 EPS by 22c

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Biogen Reports Record Third Quarter 2016 Revenues of $3.0 Billion

October 26, 2016 6:59 AM EDT

Third quarter 2016 GAAP diluted EPS rise 13%; Non-GAAP diluted EPS rise 16%

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Phase 3 Alzheimers disease candidate aducanumab receives FDA Fast Track designation

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Biogen Inc. (NASDAQ: BIIB) today reported third quarter 2016 financial results, including:

Total revenues of $3.0 billion, a 6% increase versus the same quarter in the prior year. Growth was driven by a 10% increase in worldwide TECFIDERA®... More