Biogen (BIIB) Tops Q2 EPS by 59c, Sales Beat; Raises Outlook

Go back to Biogen (BIIB) Tops Q2 EPS by 59c, Sales Beat; Raises Outlook

Biogen Reports Record Quarterly Revenues of $3.1 Billion, Raises Full Year Revenue Guidance

July 25, 2017 6:30 AM EDT

Company provides update on long-term growth strategy

SPINRAZA approved in Europe, Japan, and Canada for spinal muscular atrophy

Company acquires Phase-3 ready stroke asset from Remedy Pharmaceuticals

Company completes exclusive license agreement with Bristol-Myers Squibb for Phase-2 anti-tau antibody with potential in Alzheimers disease and progressive supranuclear palsy

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Biogen Inc. (NASDAQ: BIIB) today reported second quarter 2017 financial results, including:

Total revenues of $3.1 billion, a 6% increase versus the prior year and a 15%... More