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Biogen Inc (BIIB.OQ)

BIIB.OQ on NASDAQ Stock Exchange Global Select Market

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22 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Nightstar Therapeutics Plc Court Approval Received In Connection With Acquisition By Biogen
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Nightstar Therapeutics PLC ::NIGHTSTAR THERAPEUTICS PLC COURT APPROVAL RECEIVED IN CONNECTION WITH ACQUISITION BY BIOGEN.NIGHTSTAR THERAPEUTICS PLC - ALL CONDITIONS TO ACQUISITION HAVE NOW BEEN SATISFIED OR WAIVED.  Full Article

New Phase 3 Interim Results Support Safety And Efficacy Of Diroximel Fumarate In Multiple Sclerosis
Thursday, 30 May 2019 

May 30 (Reuters) - Biogen Inc ::NEW PHASE 3 INTERIM RESULTS SUPPORT SAFETY AND EFFICACY OF DIROXIMEL FUMARATE IN MULTIPLE SCLEROSIS.BIOGEN INC -.BIOGEN INC - DATA SHOW TREATMENT DISCONTINUATIONS DUE TO GASTROINTESTINAL (GI) EVENTS OCCURRED AT A LOW RATE OVER ONE YEAR.BIOGEN INC - DIROXIMEL FUMARATE SIGNIFICANTLY REDUCED DISEASE ACTIVITY IN NEWLY DIAGNOSED RELAPSING MULTIPLE SCLEROSIS (MS) PATIENTS.BIOGEN INC - INTENDS TO MARKET DIROXIMEL FUMARATE UNDER CONDITIONALLY APPROVED BRAND NAME VUMERITY™..BIOGEN INC - DIROXIMEL FUMARATE SIGNIFICANTLY REDUCED DISEASE ACTIVITY IN THOSE PREVIOUSLY TREATED WITH INTERFERONS OR GLATIRAMER ACETATE.BIOGEN- DATA FROM EVOLVE-MS-1 STUDY INDICATE THAT INVESTIGATIONAL TREATMENT DIROXIMEL FUMARATE WAS GENERALLY WELL TOLERATED IN PEOPLE WITH MS.  Full Article

Nightstar Therapeutics PLC Update To Timetable Relating To The Acquisition By Biogen
Wednesday, 29 May 2019 

Nightstar Therapeutics PLC ::NIGHTSTAR THERAPEUTICS PLC UPDATE TO TIMETABLE RELATING TO THE ACQUISITION BY BIOGEN.NIGHTSTAR - SCHEME REMAINS SUBJECT TO CERTAIN CONDITIONS INCLUDING SANCTION BY COURT AT COURT HEARING, WHICH WILL NOW TAKE PLACE ON 5 JUNE 2019.NIGHTSTAR THERAPEUTICS PLC - SCHEME IS STILL EXPECTED TO BECOME EFFECTIVE ON 7 JUNE 2019..  Full Article

Biogen Says Paul Mckenzie Notified Co That He Will Step Down As Executive Vice President, Pharmaceutical Operations & Technology Of Company
Wednesday, 15 May 2019 

May 15 (Reuters) - Biogen Inc ::BIOGEN SAYS ON MAY 9 PAUL MCKENZIE NOTIFIED CO THAT HE WILL STEP DOWN AS EXECUTIVE VICE PRESIDENT, PHARMACEUTICAL OPERATIONS & TECHNOLOGY OF COMPANY.BIOGEN INC - PAUL MCKENZIE STEPPING DOWN TO TAKE A POSITION AS CHIEF OPERATING OFFICER OF A BIOPHARMACEUTICAL COMPANY.BIOGEN INC SAYS MCKENZIE WILL REMAIN AT COMPANY THROUGH MAY 29 - SEC FILING.  Full Article

Nightstar Therapeutics Shareholders Approve Scheme Of Arrangement For Acquisition By Biogen
Wednesday, 8 May 2019 

May 8 (Reuters) - Nightstar Therapeutics PLC ::NIGHTSTAR THERAPEUTICS PLC SHAREHOLDERS APPROVE SCHEME OF ARRANGEMENT FOR ACQUISITION BY BIOGEN AT GENERAL MEETING AND COURT MEETING HELD ON 8 MAY 2019.NIGHTSTAR THERAPEUTICS PLC - EXPECTS THAT SCHEME OF ARRANGEMENT FOR ACQUISITION BY BIOGEN WILL BECOME EFFECTIVE ON 7 JUNE 2019.  Full Article

Biogen Says Government Of Province Of Saskatchewan Will Grant Access To Spinraza To Patients With SMA
Monday, 22 Apr 2019 

April 22 (Reuters) - Biogen Inc ::BIOGEN CANADA - GOVERNMENT OF PROVINCE OF SASKATCHEWAN WILL GRANT ACCESS TO SPINRAZA TO PATIENTS WITH SMA.  Full Article

Biogen Continues To Advance Innovation In SMA With New Data In Adults And Infants To Be Presented At MDA Clinical And Scientific Conference
Friday, 12 Apr 2019 

April 12 (Reuters) - Biogen Inc ::BIOGEN CONTINUES TO ADVANCE INNOVATION IN SMA WITH NEW DATA IN ADULTS AND INFANTS TO BE PRESENTED AT MDA CLINICAL AND SCIENTIFIC CONFERENCE.BIOGEN INC - ADDITIONAL DATA SHOW THAT NEUROFILAMENT COULD BE A BIOMARKER FOR SMA.BIOGEN INC - INFANTS WITH PRE-SYMPTOMATIC SMA TREATED WITH SPINRAZA ACHIEVE MOTOR MILESTONES THAT ARE MORE CONSISTENT WITH NORMAL DEVELOPMENT.BIOGEN INC - DATA SHOW THAT NEUROFILAMENT MAY PREDICT IMPROVEMENT IN MOTOR FUNCTION AND DISEASE ACTIVITY.BIOGEN INC - IN CLINICAL TRIAL PROGRAM, SPINRAZA DEMONSTRATED A FAVORABLE BENEFIT-RISK PROFILE.  Full Article

Biogen Inc Authorized A Program To Repurchase Up To $5 Bln Of Co's Common Stock
Monday, 25 Mar 2019 

March 25 (Reuters) - Biogen Inc ::BIOGEN INC - AUTHORIZED A PROGRAM TO REPURCHASE UP TO $5.0 BILLION OF THE COMPANY’S COMMON STOCK.BIOGEN INC - NEW REPURCHASE PROGRAM IS IN ADDITION TO ABOUT $1.7 BILLION REMAINING UNDER CURRENT SHARE REPURCHASE PROGRAM.BIOGEN INC - 2019 SHARE REPURCHASE PROGRAM DOES NOT HAVE AN EXPIRATION DATE.BIOGEN INC - ALL SHARE REPURCHASES UNDER THE 2019 SHARE REPURCHASE PROGRAM WILL BE RETIRED.  Full Article

Biogen, Eisai scrap Alzheimer's drug trials
Thursday, 21 Mar 2019 

March 21 (Reuters) - Biogen Inc ::BIOGEN AND EISAI TO DISCONTINUE PHASE 3 ENGAGE AND EMERGE TRIALS OF ADUCANUMAB IN ALZHEIMER’S DISEASE.BIOGEN INC - INDEPENDENT DATA MONITORING COMMITTEE ADVISES ADUCANUMAB UNLIKELY TO MEET PRIMARY ENDPOINTS, LEADING TO DECISION TO DISCONTINUE TRIALS.BIOGEN INC - DECISION TO STOP TRIALS IS BASED ON RESULTS OF A FUTILITY ANALYSIS CONDUCTED BY AN INDEPENDENT DATA MONITORING COMMITTEE.BIOGEN - AS PART OF THIS DECISION, EVOLVE PHASE 2 SAFETY STUDY AND LONG-TERM EXTENSION OF PRIME PHASE1B STUDY OF ADUCANUMAB WILL ALSO BE DISCONTINUED.BIOGEN INC - RESULTS INDICATED TRIALS WERE UNLIKELY TO MEET PRIMARY ENDPOINT UPON COMPLETION.BIOGEN INC - INITIATION OF ADUCANUMAB PHASE 3 SECONDARY PREVENTION TRIAL WILL BE ASSESSED WHILE DATA FROM ENGAGE AND EMERGE ARE FURTHER EVALUATED.BIOGEN INC - RECOMMENDATION TO STOP STUDIES WAS NOT BASED ON SAFETY CONCERNS..BIOGEN INC - EVOLVE PHASE 2 SAFETY STUDY AND LONG-TERM EXTENSION OF PRIME PHASE1B STUDY OF ADUCANUMAB WILL ALSO BE DISCONTINUED.BIOGEN AND EISAI TO DISCONTINUE PHASE 3 ENGAGE AND EMERGE TRIALS OF ADUCANUMAB IN ALZHEIMER'S DISEASE.  Full Article

Biogen Enters Into an Agreement to Sell Its Large-Scale Biologics Manufacturing Site in Hillerod, Denmark to Fujifilm
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Biogen Inc ::BIOGEN EXPECTS NEW MANUFACTURING FACILITY IN SOLOTHURN, SWITZERLAND TO BE OPERATIONAL BY END OF 2020.BIOGEN ENTERS INTO AN AGREEMENT TO SELL ITS LARGE-SCALE BIOLOGICS MANUFACTURING SITE IN HILLERØD, DENMARK TO FUJIFILM.BIOGEN WILL ENTER INTO MANUFACTURING SERVICES AGREEMENTSWITH FUJIFILM TO SUPPLY TYSABRI AND THIRD-PARTY PRODUCTS.BIOGEN EXPECTS NEW MANUFACTURING FACILITY IN SOLOTHURN, SWITZERLAND TO BE OPERATIONAL BY END OF 2020.BIOGEN- EXPECTS TO RECORD TOTAL AFTER-TAX LOSS IN Q1 2019 OF ABOUT $130 MILLION TO $150 MILLION, OR $0.66 TO $0.76 PER DILUTED SHARE, RELATED TO PROPOSED TRANSACTION.  Full Article

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Biogen profit rises 72% on multiple sclerosis therapy sales

Biogen Inc posted a 72% rise in quarterly profit and lifted its 2019 earnings forecast on Tuesday, boosted by higher sales of its top-selling multiple sclerosis therapy Tecfidera.