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NetworkNewsBreaks – Biogen Inc. (NASDAQ: BIIB) Featured in Mizuho Securities Research Report

Company: Biogen Inc.(BIIB)
Category: Analyst Alerts

Biogen (NASDAQ: BIIB) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Housekeeping: (1) Revenues came in line, but would have slightly missed if you back out the $40MM benefit of inventory in Spinraza ROW, and (2) there was a slight bump to EPS guidance for the year on reduced R&D. Note, Rituxan and Tecfidera erosion is occurring faster than expected. . . . Aducanumab: Language largely unchanged — still in the guide. The slides discuss 600 clinical sites in the US that will be able to treat “shortly after potential approval”. We’re expecting questions on the call regarding treatment capacity in 2021, so we can get a revenue number in 2021.”

To request access to the full report, visit http://nnw.fm/SaZ9d

About Biogen Inc.

At Biogen, the mission is clear: be pioneers in neuroscience. Biogen discovers, develops and delivers worldwide innovative therapies for people living with serious neurological and neurodegenerative diseases as well as related therapeutic adjacencies. One of the world’s first global biotechnology companies, Biogen was founded in 1978 by Charles Weissmann, Heinz Schaller, Kenneth Murray and Nobel Prize winners Walter Gilbert and Phillip Sharp. Today Biogen has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first approved treatment for spinal muscular atrophy, commercializes biosimilars of advanced biologics and is focused on advancing research programs in multiple sclerosis and neuroimmunology, Alzheimer’s disease and dementia, neuromuscular disorders, movement disorders, ophthalmology, neuropsychiatry, immunology, acute neurology and neuropathic pain. For more information, visit the company’s website at www.Biogen.com.

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