Biogen Inc. discovers, develops, manufactures, and delivers therapies in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, and TYSABRI for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; SKYCLARYS to treat Friedreich's Ataxia; QALSODY for treating amyotrophic lateral sclerosis; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE. It offers LEQEMBI for the treatment of Alzheimer’s disease; ZURZUVAE for the treatment of postpartum depression; RITUXAN to treat 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; OCREVUS for relapsing MS and primary progressive MS; LUNSUMIO to treat relapsed or refractory follicular lymphoma; glofitamab for aRelapsed or refractory diffuse large B-cell lymphoma; and other anti-CD20 therapies. Biogen Inc. has collaboration and license agreements with Merz Therapeutics; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; UCB; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; Samsung Bioepis; and Sage Therapeutics, Inc., as well as collaborations with Stoke Therapeutics, Inc. for the development and commercialization of zorevunersen, a disease modifying medicine for the treatment of Dravet syndrome; Dayra Therapeutics, Inc. to develop oral macrocyclic peptides; Vanqua Bio, Inc. for developing Vanqua's preclinical oral C5aR1 antagonist compound; City Therapeutics, Inc. to develop select novel RNAi therapies. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.
Neuroscience Pionee | Biogen, a leader in neuroscience and rare diseases, faces challenges in its MS franchise while pursuing growth in Alzheimer's and genetic medicine |
Financial Health | Despite market volatility, Biogen maintains strong profitability with a 76% gross margin and 13% free cash flow yield, signaling resilience |
Pipeline Potential | Explore Biogen's R&D focus on genetic medicine and targeted therapies, with analysts divided on its ability to offset declining MS revenues |
Market Valuation | With price targets ranging from $115 to $206, Biogen's stock appears undervalued at $128.39, presenting potential upside amid strategic initiatives |
Metrics to compare | BIIB | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipBIIBPeersSector | |
|---|---|---|---|---|
P/E Ratio | 22.3x | 19.0x | −0.5x | |
PEG Ratio | −1.04 | 0.43 | 0.00 | |
Price/Book | 1.6x | 1.9x | 2.6x | |
Price / LTM Sales | 2.9x | 2.6x | 3.3x | |
Upside (Analyst Target) | 5.3% | 25.4% | 47.1% | |
Fair Value Upside | Unlock | 22.8% | 5.8% | Unlock |