MARKET COMPOSITE
BIIB - Biogen Inc8:00:00 PM 4/19/2024
Price
$194.38
+ 3.86 (2.03%)
Biogen Inc. is an American multinational biotechnology company based in Cambridge, Massachusetts, specializing in the discovery, development, and delivery of therapies for the treatment of neurological diseases to patients worldwide. Biogen was founded in 1978 in Geneva by several prominent biologists, including Kenneth Murray of the University of Edinburgh, Phillip Allen Sharp of the Massachusetts Institute of Technology, Walter Gilbert of Harvard , Heinz Schaller, University of Heidelberg and Charles Weissmann, University of Zurich . Gilbert and Sharp were subsequently honored with Nobel Prizes: Gilbert was recognized in 1980 with the Nobel Prize in Chemistry for his work in understanding DNA sequencing, while Sharp received the Nobel Prize in Physiology or Medicine in 1993 for his discovery of split genes.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue2.5B+3%
Gross Profit1.9B-
Cost Of Revenue659.6MM+11%
Operating Income--
Operating Expenses--
Net Income-68.1MM-112%
R&D736.3MM+26%
G&A788.2MM+44%
Interest Expense63.8MM+30%
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