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Biogen Inc. and Denali Therapeutics Inc. announced that they have signed a binding agreement to codevelop and co-commercialize Denali’s small molecule inhibitors of leucine-rich repeat kinase 2 (LRRK2) for Parkinson’s disease. Biogen will also receive rights to opt into two programs and a right of first negotiation for two additional programs, in each case for neurodegenerative […]
Biogen has opened BLA and has started to submit modules, expects to complete the U.S. filing for (Alzheimer’s drug) aducanumab in Q3FY20. It also initiated re-dosing study for aducanumab and higher dose study for SPINRAZA. The company entered collaboration with Sangamo Therapeutics for gene regulation therapies for neurological disease. Executive Summary Financial Statements – Income […]
AbbVie’s revenues declined by 1.3% to $7.83bn in Q1FY19 and increased by 0.4% operationally. The revenues declined due to a decrease in HUMIRA international revenues due to the biosimilar competition. However, HUMIRA revenues from the U.S. increased by 7.1% to $3.2bn in Q1FY19 and will not face biosimilar competition in the U.S. until FY23. Number […]
Biogen delivered strong financial results during the quarter due to the strong operational performance of the MS, SMA, and biosimilars franchises. Total revenues increased by 11% to $3.5bn and adjusted EPS increased by 15% to $6.98 for Q1FY19. Number of Pages – 47 Contents Executive Summary Financial Statements –Income Statement and Forecast –Balance Sheet –Cash […]
