Baird Downgrades Biogen (BIIB) to Neutral; Diminished Growth Prospects
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Biogen Second Quarter 2015 Revenues Increase 7% to $2.6 Billion
July 24, 2015 6:50 AM EDTTECFIDERA® now the most prescribed oral MS therapy globally
Sites initiated for aducanumab Phase 3 studies for Alzheimers disease
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Biogen Inc. (NASDAQ: BIIB) today reported second quarter 2015 results, including revenues of $2.6 billion, a 7% increase compared to the second quarter of 2014. Non-GAAP diluted earnings per share (EPS) for the second quarter of 2015 were $4.22, an increase of 21% over the second quarter of 2014. Non-GAAP net income attributable to Biogen for the second quarter of 2015 was $995 million, an increase of 20% over the second... More
