Biogen Names Priya Singhal as Executive Vice President, Head of Development

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Biogen (BIIB) gains ahead of lecanemab PDUFA

January 6, 2023 7:05 AM EST

Biogen (NASDAQ: BIIB) is gaining 1% in pre-open trade ahead of lecanemab's accelerated approval PDUFA today.

After the close, analysts at RBC Capital noted that Eisai's patient assistance hotline for Leqembi/lecanemab just became active suggesting "increased likelihood an approval."

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RBC Capital on Biogen (BIIB): 'a very favorable stock setup'

January 5, 2023 4:11 PM EST

RBC Capital analyst Brian Abrahams reiterated an Outperform rating and $362.00 price target on Biogen (NASDAQ: BIIB).

The analyst comments "Sometime between late this morning and now, Eisai's patient assistance hotline for Leqembi/lecanemab just became active, whereas for the last several weeks the phone number (which we obtained via Google search) had not been... More

Biogen's (BIIB) accelerated PDUFA lecanemab approval the likely outcome claim analysts

January 5, 2023 11:50 AM EST

Biogen's (NASDAQ: BIIB) lecanemab's accelerated approval PDUFA is slated for Friday, January 6, and analysts have been weighing in with their view heading into the date.

Jefferies analyst Michael Yee, who has a Buy rating and a $350 price target on Biogen shares, said in a note to clients that the "consensus assumes clean approval, which is reasonable though mostly... More