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BIIB US​

Biogen Inc.(BIIB US)

$250.69-3.151.24%Ext:$245.05-5.642.25%(Market Closed · 23:55:35 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Biogen Inc. — Company Profile

Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.

Sector
Materials
Industry
Paper & Forest Products
Exchange
UQ
CEO
Christopher A. Viehbacher
Headquarters
Cambridge, MA, US
IPO Date
Sep 17, 1991
Employees
7,500
Website
www.biogen.com

Key Metrics

Price
$219.88
Market Cap
$32.49B
Revenue (TTM)
$2.48B
Net Income (TTM)
$319.50M
EPS (TTM)
2.17
P/E (TTM)
23.67
P/B (TTM)
1.74
Dividend Yield
0.00%
ROE (TTM)
1.71%
ROA (TTM)
1.08%
Operating Margin
16.04%
Beta
0.29

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.

Website
www.biogen.com
Location
Cambridge, MA, US
Phone617 679 2000
Employees7,500
CEOChristopher A. Viehbacher
Sector
Materials
Industry
Paper & Forest Products
IPO DateSep 17, 1991

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Latest Documents

SEC Filings(2.7K)

Expand
  • 4Godbout Sean5 Oct
  • 4Parini Michael3 Sep
  • 3Parini Michael12 Aug
  • SC 13G/ABIOGEN INC.6 Aug
  • 4Minor Lloyd5 Aug
  • 144Minor Lloyd4 Aug
  • 144Minor Lloyd3 Aug
  • 10-QQ2ended 30 Jun 202629 Jul
  • 8-KResults of Operations and Financial Condition29 Jul
  • 8-KResults of Operations and Financial Condition1 Jul
  • 4HAWKINS WILLIAM A11 Jun
  • 4SHERWIN STEPHEN A11 Jun
  • 4Rowinsky Eric K11 Jun
  • 4Mantas Jesus B11 Jun
  • 4LANGER SUSAN11 Jun
  • 4Patolawala Monish D11 Jun
  • 4Pangalos Menelas N11 Jun
  • 4Minor Lloyd11 Jun
  • 4Freire Maria C11 Jun
  • 8-KSubmission of Matters to a Vote of Security Holders10 Jun

News

  • Biogen (BIIB) Surges 5.3%: Is This an Indication of Further Gains?23 Oct
  • Stoke Therapeutics to Host Webcast and Conference Call to Discuss Third Quarter 2026 Business and Financial Updates22 Oct
  • Biogen Q3 Earnings Preview: Grounds For Optimism, But Disappointment The Norm21 Oct
  • Biogen Inc. (BIIB) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release21 Oct
  • A Look at Biogen Inc (BIIB) After 4.1% Gain -- GF Value $202.16 vs Price $243.1020 Oct
  • 4 Biotech Stocks With Promising Late-Stage Drug Pipelines to Watch Now20 Oct
  • Biogen Inc. $BIIB Shares Acquired by CWA Asset Management Group LLC20 Oct
  • Biogen to Present New Data Across Nephrology Portfolio, Including Long-term EMPAVELI® (pegcetacoplan) Phase 3 Results, at American Society of Nephrology (ASN) Kidney Week19 Oct
  • Biogen: The Bull Case Is Extending Beyond Alzheimer's (Rating Upgrade)16 Oct
  • 3 Big Names Enjoying Renewed Analyst Backing12 Oct
  • Here Are Monday’s Top Wall Street Analyst Research Calls: Adobe, Biogen, First Solar, GoDaddy, Hubspot, Palantir Technologies, Robinhood Markets, Snowflake, TeraWulf, T-Mobile US and More12 Oct
  • Which Healthcare ETF Is the Better Buy: Fidelity’s Broad FHLC or Invesco’s Biotech-Focused PBE?11 Oct
  • Stock Picks From Seeking Alpha's September 2026 New Analysts7 Oct
  • Biogen expected to slightly beat third-quarter earnings as lupus trial data loom, Jefferies says6 Oct
  • Will Biogen (BIIB) Beat Estimates Again in Its Next Earnings Report?6 Oct
  • Stoke Therapeutics Announces Completion of Successful Meeting with the FDA to Align on Planned U.S. NDA for Zorevunersen, an Investigational Medicine for the Treatment of Dravet Syndrome5 Oct
  • Biogen's experimental lupus drug shows benefit against skin symptoms2 Oct
  • Biogen's Litifilimab Demonstrates Rapid and Durable Efficacy in New 52-Week Phase 2 Data from Ongoing Phase 2/3 AMETHYST Study, Reinforcing Its Potential as a First-in-Class Therapy for Cutaneous Lupus Erythematosus2 Oct
  • Biogen (NASDAQ:BIIB) Reaches New 12-Month High – Still a Buy?30 Sep
  • Can Biogen's Growth Portfolio Maintain Its Lead Over Legacy MS Drugs?28 Sep

Mentions in Filings

  • … Officer and a director of PDL BioPharma, Inc. (PDL BioPharma), a publicly-held biopharmaceutical company, from 2008 until Facet Biotech was spun off from PDL BioPharma in 2008. From 2004 to 2008, Mr. Hasnain served at <strong>Biogen Inc.</strong> (Biogen), a publicly-held biotechnology company specializing in neurological disorders, autoimmune disorders and cancer, most recently as Executive Vice President in charge of the oncology/rheumatology strategic busines …
    Aspen Neuroscience, Inc.Biogen Inc.·S-1/A - Registration statement (general form, amendment)·Q4 26·22 Oct
  • … arly platform research through the development, global regulatory approval, and commercialization of the first five RNAi therapeutics, and previously held senior leadership roles at Millennium Pharmaceuticals, Inc. and <strong>Biogen Inc.</strong> Our President and Chief Executive Officer, Andrew (Andy) Orth, M.B.A., brings more than 25 years of industry experience and held multiple leadership roles at Alnylam, including supporting the launch of ONPATTRO, the fir …
    CITY THERAPEUTICS, INC.Biogen Inc.·424B4 - Prospectus filing (Rule 424(b)(4))·Q4 26·16 Oct
  • … ​ | 50,435,918 | ​ | ​ | | ​ | | | | | | | ​ | ​ | ​ | ​ | 377,968,951 | ​ | ​ | | Health Care — 9.1% | | | | | | | | | | | | | ​ | | AbbVie, Inc. | ​ | ​ | ​ | ​ | 170,300 | ​ | ​ | ​ | ​ | ​ | 44,548,777 | ​ | ​ | | <strong>Biogen Inc.</strong> (b) | ​ | ​ | ​ | ​ | 97,100 | ​ | ​ | ​ | ​ | ​ | 21,932,948 | ​ | ​ | | Centene Corporation (b) | ​ | ​ | ​ | ​ | 226,500 | ​ | ​ | ​ | ​ | ​ | 14,070,180 | ​ | ​ | | CVS Health Corporation | ​ | ​ | ​ | ​ | 194,600 | …
    ADAMS DIVERSIFIED EQUITY FUND, INC.Biogen Inc.·N-30B-2·Q3 26·21 Oct
  • … 9 | 11,153,348.31 | | | | | ALNYLAM PHARMACEUTICALS INC | 56,165 | 278.09 | 15,618,924.85 | | | | | ARGENX SE-ADR | 26,620 | 877.72 | 23,364,906.40 | | | | | ASCENDIS PHARMA A/S | 87,244 | 230.83 | 20,138,532.52 | | | | | <strong>BIOGEN</strong> INC | 19,960 | 196.58 | 3,923,736.80 | | | | | BIONTECH SE-ADR | 47,478 | 90.89 | 4,315,275.42 | | | | | DENALI THERAPEUTICS INC | 135,554 | 23.31 | 3,159,763.74 | | | | | GILEAD SCIENCES INC | 258,762 | 123.76 | 32,024,3 …
    野村アセットマネジメント株式会社Biogen Inc.·Prospectus - Amended Securities Registration Statement·18 Sep·17 Sep
  • … 75,125 | 14,922.85 | 708,507,167 | 0.81 | | 27 | America | stock | BOSTON SCIENTIFIC CORP | Healthcare equipment and supplies | 84,610 | 15,446.79 | 1,306,953,680 | 7,393.11 | 625,531,883 | 0.71 | | 28 | America | stock | <strong>BIOGEN</strong> INC | Biotechnology | 17,295 | 27,135.96 | 469,316,511 | 33,418.50 | 577,973,123 | 0.66 | | 29 | America | stock | DENALI THERAPEUTICS INC | Biotechnology | 125,034 | 2,695.27 | 337,000,939 | 3,913.53 | 489,324,560 | 0.56 …
    野村アセットマネジメント株式会社Biogen Inc.·Annual Report - Annual Securities Report (2025.12.20-2026.06.19)·18 Sep·17 Sep
  • … | | America | insurance | 2,850,385,465 | 2,960,261,314 | - | | | | | 26 | EATON CORP PLC | stock | 42,372 | 65,892.29 | 66,297.34 | - | 1.52 | | Ireland | capital goods | 2,791,988,340 | 2,809,150,949 | - | | | | | 27 | <strong>BIOGEN</strong> INC | stock | 77,235 | 32,740.53 | 35,178.54 | - | 1.47 | | America | Pharmaceuticals, Biotechnology, Life Sciences | 2,528,715,576 | 2,717,014,977 | - | | | | | 28 | NOKIA OYJ | stock | 1,260,706 | 2,403.06 | 2,078.70 | …
    ニッセイアセットマネジメント株式会社Biogen Inc.·Prospectus - Securities registration statement·15 Sep·14 Sep

Key Stats

Trading

Px/Chg 1D$219.88 / -1.32%
Prev Close$220.83
% of 52Wk H94.11%
Avg Volume1.13M
Beta0.29
Mkt Cap32.49B
FD Mkt Cap31.40B

Float

Shrs Out/Float147.75M / 146.43M
Short Float0.04%
Days to Cover4.14
Stock Repurchased$0.00

Current Valuation

EV35.67B
EV/EBITDA13.20
EV/Sales3.62
P/B1.74
P/S3.30
FCF Yield2.14%
ROE1.71%
ROA1.08%
Current Ratio3.06

Estimates

P/E23.67
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-80.9613.9724.0710.81-555.70102.04
Price / Sales6.764.192.841.8211.8013.16
Price / Book Value1.873.181.891.061.471.75
Price / Free Cash Flow32.4137.2222.627.0148.3946.80
ENTERPRISE VALUE METRICS
Enterprise Value33,704.845,762.534,241.421,896.730,841.335,781.9
Enterprise Value / Sales7.644.503.482.2613.5314.44
Enterprise Value / EBITDA48.9312.9414.417.31145.3464.63
Enterprise Value / EBIT-17.2715.1618.199.43-214.9285.79

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-2.8%10,981.710,173.49,835.69,675.99,810.6
Gross Income-6%8,872.07,895.17,302.27,365.56,913.6
EBITDA-5.7%3,923.43,536.92,377.02,995.73,100.6
EBIT-10.9%3,435.73,018.51,882.22,322.52,165.2
Net Income-4.5%1,556.13,046.91,161.11,632.21,293.4
EPS (Diluted)-4%10.4020.877.9711.198.83
BALANCE SHEET
Cash & ST Inv8.7%3,802.54,892.81,049.92,375.03,815.7
Total Assets5.4%23,877.324,554.126,844.828,049.329,439.5
Total Liabilities-3.5%12,917.611,165.712,045.411,333.311,182.7
Total Shareholder Equity13.8%10,896.213,397.914,799.416,716.018,256.8
CASH FLOW
Net Operating Cash Flow-11.8%3,639.91,384.31,547.22,875.52,204.6
Cap Ex-12.1%-258.1-240.3-311.4-359.8-153.8
Free Cash Flow-11.8%3,381.81,144.01,235.82,515.72,050.8

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)251.13
Basic Shares147.75
Market Cap37,105.5
Diluted Shares148.40
Fully Diluted Shares Outstanding148.40
Fully Diluted Market Cap37,267.7
+Consolidated Debt6,561.9
−In-the-Money Convertible Debt—
+Capital Leases273.4
+Operating Leases—
−Cash & Equivalents-3,382.7
−Short-term Investments-900.0
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value40,284.7

Segment data

Revenue

by Products and services

  • Ms Product Revenues42%
  • Tysabri Product17%
  • Spinraza16%
  • Fumarate15%
  • Interferon10%

Revenue

by Geography

  • Non-us60%
  • United States40%

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