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JP Morgan Maintains Neutral Rating On Biogen Idec After Positive Phase 3 BG-12 Results
Monday, April 11, 2011 - 9:22amJP Morgan has published a research report on Biogen Idec (NASDAQ: BIIB) after the company announced positive results for its phase 3 DEFINE trial of BG-12 in RRMS. In the report, JP Morgan writes, "Against placebo, both doses of BG-12 (240mg BID and TID) meet the primary endpoint of annual relapse...
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Biogen Announced Positive Phase 3 Results For BG-12, Deutsche Bank Maintains Hold
Monday, April 11, 2011 - 9:15amDeutsche Bank has published a research report on Biogen Idec Inc. (NASDAQ: BIIB) after the company announced positive top-line results for the BG-12 phase 3 trial this morning. In the report, Deutsche Bank writes "Biogen will likely try to publish DEFINE results at an upcoming medical meeting in...
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Icahn Moves To Sell Biogen Idec (BIIB) After Adding another Director
Monday, March 22, 2010 - 6:03pmBillionaire activist investor Carl Icahn announced that he will attempt to sell Biogen Idec Inc (Nasdaq: BIIB). Icahn Partners LP and its affiliates own 16.1 million shares, or 6% of outstanding shares, of Biogen Idec. Icahn has had a series of proxy battles with Biogen Idec and the company...
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Roche And Biogen Idec (BIIB) Suspend Rheumatoid Arthritis Drug Program
Monday, March 8, 2010 - 9:07amSwiss pharmaceutical company Roche Holding AG and Biogen Idec Inc (Nasdaq: BIIB) announced on Monday that safety concerns had caused them to suspend a program to treat rheumatoid arthritis with drug candidate ocrelizumab. The independent Data and Safety Monitoring Board had found that the potential...
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Biogen Idec Inc (Nasdaq: BIIB) Posts Strong Earnings Growth
Tuesday, February 9, 2010 - 10:42amBiotech company Biogen Idec Inc (Nasdaq: BIIB) reported a rise in 4th quarter earnings and revenue. Biogen Idec Inc said that it earned $306 million, or $1.06 per share, compared with $207 million, or 70 cents per share, for the same quarter a year earlier. Revenue for the 4th quarter was up 5% to...
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