Biogen Inc vs Essex Property Trust, Inc. — how do they compare? Biogen Inc trades at $202.7 (market cap $30.13B), while Essex Property Trust, Inc. trades at $282.11 (market cap $18.15B). The key difference: Biogen Inc is the larger of the two by market cap, and Essex Property Trust, Inc. pays a 3.93% dividend while Biogen Inc pays none. Which is the better fit depends on your goals.
| BIIB | ESS | |
|---|---|---|
Market Cap | $30.13B | $18.15B |
Sector | Health | Real Estate |
52-Week High | $216.63 | $298.33 |
52-Week Low | $128.93 | $239.61 |
Enterprise Value | $37.20B | $24.75B |
Dividend Yield | — | 3.93% |
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 →Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Read more on ESS →