Biogen's blockbuster drugs are losing exclusivity -- and that's weighing on earnings. The company now is counting on its latest Alzheimer's drug to turn things around.
Most of Biogen's (BIIB) key drugs are facing declining sales. Despite these challenges, potential new product launches such as Leqembi (Alzheimer's disease) and zuranolone (depression) can help revive
Biogen recently won U.S. approval for an important Alzheimer's disease therapy. However, this medicine still faces some concerning headwinds in the market.
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Biogen Q4 revenue was down 7% y/y. Zuranolone is a breakthrough depression therapy with an August 5, 2023, PDUFA date.
Biogen Inc. (NASDAQ:BIIB ) 43rd Annual Cowen Healthcare Conference Call March 6, 2023 9:50 AM ET Company Participants Christopher Viehbacher - Chief Executive Officer Conference Call Participants Phil
The FDA grants priority review to Biogen (BIIB) and Eisai's sBLA seeking traditional approval of Alzheimer's disease drug, Leqembi. The FDA decision is expected on Jul 6, 2023.
Medicare has agreed to provide broader coverage once Leqembi receives full FDA approval.

3 Biotech Stocks To Watch Ahead Of March 2023

03:44pm, Saturday, 25'th Feb 2023
Do you have these three biotech stocks on your watchlist right now?
The latest earnings from some of the big biotech players came in at mixed this reporting season.
Biogen Inc (NASDAQ:BIIB) shares fell Wednesday after the company reported declining fourth-quarter sales and revealed that it expects that trend to continue in 2023.  The company expects sales to dec
Although the revenue and EPS for Biogen Inc. (BIIB) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall

Biogen Boss Turns Corner on Alzheimer's Miscues

01:16pm, Wednesday, 15'th Feb 2023
The biotech company needs to embark on new growth path as former Sanofi CEO Chris Viehbacher takes the helm.
Biogen (BIIB) beats fourth-quarter estimates for earnings and sales. Stock rises in pre-market.
Biogen Inc. (NASDAQ:BIIB ) Q4 2022 Results Conference Call February 15, 2023 8:00 AM ET Company Participants Mike Hencke - Head, Investor Relations Christopher Viehbacher - CEO Michael McDonnell - Chi
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