Biogen Inc vs Enovix Corporation — how do they compare? Biogen Inc trades at $204 (market cap $30.13B), while Enovix Corporation trades at $4.96 (market cap $1.06B). The key difference: Biogen Inc is far larger — about 28.4× Enovix Corporation's market cap, and Biogen Inc is trading nearer its 52-week high, Enovix Corporation nearer its low. Which is the better fit depends on your goals.
| BIIB | ENVX | |
|---|---|---|
Market Cap | $30.13B | $1.06B |
Sector | Health | Technology |
52-Week High | $216.63 | $13.19 |
52-Week Low | $128.93 | $3.68 |
Enterprise Value | $37.20B | $1.07B |
Trailing returns across standard periods
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva are marketed via a collaboration with Roche. Biogen also markets novel MS drugs Plegridy, Tysabri, Tecfidera, and Vumerity. In Japan, Biogen's MS portfolio is co-promoted by Eisai. Hemophilia therapies Eloctate and Alprolix (partnered with SOBI) were spun off as part of Bioverativ in 2017. Biogen has several drug candidates in phase 3 trials in neurology and neurodegenerative diseases and has launched Spinraza with partner Ionis. Aduhelm was approved as the firm's first Alzheimer's disease therapy in June 2021.
Read more on BIIB →Enovix designs and manufactures advanced silicon-anode lithium-ion batteries. Its technology aims to provide high energy density and improved performance for mobile devices and consumer electronics.
Read more on ENVX →