BIOGEN, Inc. Stock
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BIOGEN, Inc. (NASDAQ: BIIB)
BIOGEN, INC. COMPANY
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Biogen Inc. is an American multinational biotechnology company based in Cambridge, Massachusetts, specializing in the discovery, development, and delivery of therapies for the treatment of neurological diseases to patients worldwide. In March 2019, Biogen announced it would acquire Nightstar Therapeutics for $25.50 per share ($800 million in total). Nightstar focus on adeno-associated virus based gene-therapies for inherited retinal disorders. With a setback in their Alzheimer’s drug research, in March 2019 Biogen’s shares fell sharply. It ended the trial of its drug aducanumab, which it was making along with Eisai.
In October 2019, however, they announced that they would pursue FDA approval for aducanumab together with Eisai. In February 2020, Biogen and Sangamo Therapeutics announced a global licensing deal to develop compounds for neuromuscular and neurological diseases. – Wikipedia
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