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Last $290.04 USD
Change Today +3.18 / 1.11%
Volume 1.7M
BIIB On Other Exchanges
As of 5:20 PM 12/1/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

225 Binney Street

Cambridge, MA 02142

United States

Phone: 617-679-2000


is managing various Phase 3 studies of GAZYVA. GOYA: Investigating the efficacy and safety of GAZYVA in combination with CHOP chemotherapy compared to RITUXAN with CHOP chemotherapy in previously untreated patients with CD20-positive diffuse large B-cell lymphoma. GALLIUM: Investigating the efficacy and safety of GAZYVA in combination with chemotherapy followed by maintenance with GAZYVA compared to RITUXAN in combination with chemotherapy followed by maintenance with RITUXAN in previously untreated patients with indolent non-Hodgkin's lymphoma. GADOLIN: Investigating the efficacy and safety of GAZYVA plus bendamustine compared with bendamustine alone in patients with RITUXAN-refractory, indolent non-Hodgkin's lymphoma. In 2015, the Roche Group announced positive results from the Phase 3 GADOLIN study. In 2014, Isis Pharmaceuticals, Inc. (Isis) announced the initiation of a pivotal Phase 3 study evaluating ISIS-SMN in infants with spinal muscular atrophy (SMA), the most common genetic cause of infant mortality. This Phase 3 study, known as ENDEAR, is a randomized, double-blind, sham-procedure controlled 13 month study in approximately 110 infants diagnosed with SMA. Business Relationships The company has a collaboration agreement with AbbVie Biotherapeutics, Inc. targeted at advancing the development and commercialization of ZINBRYTA (daclizumab high yield process) in MS. The company collaborates with Acorda to develop and commercialize products containing fampridine in markets outside the U.S. In 2014, the company entered into a collaboration with Eisai Co., Ltd. (Eisai) to jointly develop and commercialize E2609 and BAN2401, two Eisai product candidates for the treatment of Alzheimer’s disease. The agreement also provides Eisai with options to jointly develop and commercialize two of its candidates for Alzheimer’s disease, the anti-amyloid beta antibody BIIB037 and an anti-tau monoclonal antibody, upon the exchange of clinical data. The company has three separate exclusive, worldwide option and collaboration agreements with Isis under, which both companies would develop and commercialize antisense therapeutics for up to three gene targets, Isis’ product candidates for the treatment of myotonic dystrophy type 1, and the antisense investigational candidate, ISIS-SMNRx for the treatment of SMA. The company has an agreement with Samsung BioLogics Co. Ltd. (Samsung Biologics) that established an entity, Samsung Bioepis, to develop, manufacture and market biosimilar pharmaceuticals. In 2013, pursuant to the company’s agreement with Samsung Biologics, it exercised its right to enter into an agreement with Samsung Bioepis to commercialize anti-TNF biosimilar product candidates in Europe. Under the agreement, the company would be responsible for commercialization of these product candidates across Europe. In January 2015, Samsung Bioepis' MAA for its ENBREL (etanercept) biosimilar candidate, SB4, was validated and accepted for review by the EMA. In 2014, the company entered into an exclusive worldwide research, development and commercialization collaboration and license agreement with Sangamo BioSciences, Inc. under which both companies would develop and commercialize product candidates using gene editing technologies for the treatment of two inherited blood disorders, sickle cell disease, and beta-thalassemia. Patents and Other Proprietary Rights The company’s trademarks are important to it and are generally covered by trademark applications or registrations in the U.S. Patent and Trademark Office and the patent or trademark offices of other countries. The company also uses trademarks licensed from third parties, such as the trademark FAMPYRA, which it licenses from Acorda. AVONEX and PLEGRIDY The company has the U.S. patents and patent applications, and various corresponding foreign counterparts, related to AVONEX and/or PLEGRIDY. Its U.S. patent no. 7,588,755 claims the use of recombinant beta interferon for immunomodulation or treating a viral condition, viral disease, cancers or tumors. This patent, which expires in September 2026, covers the treatment of MS with AVONEX and PLEG


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Price/Sales 6.3x
Price/Book 6.0x
Price/Cash Flow 16.0x
TEV/Sales 4.9x

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