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BIIB - Biogen Inc.

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Biogen Inc.

BIIB

NASDAQ

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases. The company offers TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; and FUMADERM to treat plaque psoriasis. It also provides BENEPALI, an etanercept biosimilar referencing ENBREL; ADUHELM for the treatment of Alzheimer's disease; IMRALDI, an adalimumab biosimilar referencing HUMIRA; and FLIXABI, an infliximab biosimilar referencing REMICADE. In addition, the company offers RITUXAN for treating non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; and OCREVUS for treating relapsing MS and primary progressive MS; and other anti-CD20 therapies. Further, it develops BIIB135, BIIB061, BIIB091, and BIIB107 for MS and neuroimmunology; Aducanumab, Lecanemab, BIIB076, and BIIB080 to treat Alzheimer's disease and dementia; BIIB067, BIIB078, BIIB105, BIIB100, and BIIB110 to treat neuromuscular disorders; BIIB124, BIIB094, BIIB118, BIIB101, and BIIB122 for treating Parkinson's disease and movement disorders; BIIB125 and BIIB104 for treating neuropsychiatry; Dapirolizumab pegol and BIIB059 to treat immunology related diseases; BIIB093 and BIIB131 to treat acute neurology; BIIB074 for neuropathic pain; and BYOOVIZ, BIIB800, and SB15 biosimilars, which are under various stages of development. The company has collaboration and license agreements with 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. Biogen Inc. was founded in 1978 and is headquartered in Cambridge, Massachusetts.

123.53 USD

2.6 (2.1%)

BIIB Financial Statements

Year

2024

2023

2022

2021

Total Revenue

9.68B

9.84B

10.17B

10.98B

Cost of Revenue

0

2.53B

2.28B

2.11B

Gross Profit

9.68B

7.3B

7.9B

8.87B

Operating Expenses

4.45B

6.01B

4.99B

6.06B

Research and Development

2.04B

2.7B

2.23B

2.5B

Selling, General & Administrative Expenses

2.4B

2.55B

2.4B

2.67B

Selling & Marketing Expenses

0

71.4M

54.1M

98.7M

General & Administrative Expenses

0

2.43B

2.35B

2.58B

Other Expenses

0

0

358.5M

888.5M

Operating Income

5.23B

2.1B

2.32B

2.84B

Total Other Income/Expenses Net

-3.32B

-800.5M

331.4M

-1.1B

Income Before Tax

1.91B

1.3B

3.59B

1.75B

Income Tax

273.8M

135.3M

632.8M

52.5M

Net Income

1.63B

1.16B

3.05B

1.56B

Basic EPS

11.2

8.02

20.97

10.44

EPS Diluted

11.19

7.97

20.87

10.4

Basic Average Shares

145.7M

144.7M

145.3M

149.1M

Diluted Average Shares

145.9M

145.6M

146M

149.6M

EBITDA

0

2.38B

4.36B

2.49B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

17.63B

16.47B

13.91B

13.98B

Net Income

1.63B

1.16B

3.05B

1.56B

Stock Repurchases

0

0

-750M

-1.8B

Dividend Paid

0

0

0

0

Retained Earnings

19.26B

17.63B

16.47B

13.91B

Other Distributions

1.63B

1.16B

1.8B

-1.86B

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

3.54B

3.73B

3.7B

3.79B

Annual Depreciation

0

494.8M

518.7M

487.3M

Capital Expenditure

-359.8M

-311.4M

-243.2M

-294.9M

Net PPE

3.9B

3.55B

3.43B

3.6B

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

259.7M

470.2M

-12.1M

-1M

Goodwill (Previous Year)

6.22B

5.75B

5.76B

5.76B

Goodwill

6.48B

6.22B

5.75B

5.76B

All figures are in USD.

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