Biogen said on Tuesday its Chief Executive Michel Vounatsos will step down, with the drugmaker adding it would scale down its sales infrastructure for the controversial Alzheimer's drug Aduhelm.

Biogen Inc. (BIIB) Q1 Earnings Miss Estimates

12:25pm, Tuesday, 03'rd May 2022 Zacks Investment Research
Biogen Inc. (BIIB) delivered earnings and revenue surprises of -17.91% and 1.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Biogen (BIIB) misses first-quarter estimates for earnings but beats the same for sales. Following no medicare beneficiary access to Aduhelm, Biogen initiates a cost-savings program.
Biogen Inc (NASDAQ: BIIB) posted Q1 sales of 2.53 billion, beating the consensus of $2.49 billion, down 6% Y/Y. Multiple sclerosis (MS) revenue, including royalties on sales of Ocrevus, of $1.79 bil
Biogen Inc  (NASDAQ:BIIB) stepped into the earnings confessional today to post first-quarter earnings of $3.62 per share -- lower than the $4.38 per share analysts anticipated -- due to Alzheimer's
The company said it will substantially eliminate the sales infrastructure related to Aduhelm, which is intended to provide savings of $1 billion annually when combined with other cost reductions.

Biogen Inc. (BIIB) Q1 Earnings Miss Estimates

09:47am, Tuesday, 03'rd May 2022
Biogen Inc. (BIIB) delivered earnings and revenue surprises of -17.91% and 1.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
CNBC's Meg Tirrell joins 'Squawk Box' to report that Biogen CEO Michel Vounatsos will step down amid the company's troubled launch of its historic Alzheimer's drug Aduhelm.

Biogen CEO Michel Vounatsos to step down

07:48am, Tuesday, 03'rd May 2022
Biogen Inc. BIIB, -0.06% said Tuesday that it is conducting a search to replace CEO Michel Vounatsos, who will stay in his role unless a successor is named. The announcement was made in the company's
Shares of Biogen Inc. BIIB, -0.06% fell 2.3% in premarket trading on Tuesday after the company missed Wall Street's expectations for revenue and earnings for the first quarter of 2022. Biogen had net

Drug/Biotech Stocks Q1 Earnings Due on May 3: PFE, BIIB & More

07:55pm, Monday, 02'nd May 2022 Zacks Investment Research
Let's look at the five biotech/pharma companies, slated to release quarterly results on May 3.
Let's look at the five biotech/pharma companies, slated to release quarterly results on May 3.
Novo Nordisk, Vertex Pharmaceuticals, Regeneron Pharmaceuticals, Moderna and Biogen have been included in this Analyst Blog.
Sage Therapeutics Inc. SAGE, -2.78% and Biogen Inc. BIIB, -1.41% said Monday that they started a rolling submission to the Food and Drug Administration for zuranolone, a treatment they are developing

Pfizer (PFE) to Report Q1 Earnings: What's in the Cards?

03:56pm, Friday, 29'th Apr 2022 Zacks Investment Research
Revenues from the COVID-19 vaccine and COVID pill, Paxlovid are likely to have driven Pfizer's (PFE) sales in the first quarter.
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