Biogen Inc vs Heron Therapeutics Inc — how do they compare? Biogen Inc trades at $210 (market cap $30.86B), while Heron Therapeutics Inc trades at $0.34 (market cap $64.59M). The key difference: Biogen Inc is far larger — about 477.8× Heron Therapeutics Inc's market cap, and Biogen Inc is trading nearer its 52-week high, Heron Therapeutics Inc nearer its low. Which is the better fit depends on your goals.
| BIIB | HRTX | |
|---|---|---|
Market Cap | $30.86B | $64.59M |
Sector | Health | Health |
52-Week High | $216.63 | $1.49 |
52-Week Low | $132.22 | $0.32 |
Enterprise Value | $37.93B | $171.33M |
Signals from Pluang's Aura AI — not financial advice
Biogen (BIIB) trades at $210.65, up 3.32% today, with a bullish technical signal and strong earnings beats in recent quarters. The stock shows robust fundamentals with a P/E of 37.1 and net income margin of 8.32%, supported by positive cash flow trends. Recent news highlights the acquisition of RayThera Inc. and raised 2026 guidance, reflecting strategic growth initiatives.
Outlook is positive with analyst consensus price target of $234.47, though risks include competitive pressures and earnings volatility. Investment opportunity lies in pipeline expansion and Alzheimer's drug traction, balanced by margin compression concerns from legacy MS portfolio declines.
HRTX trades at $0.34, up 5.28% today, but remains in a bearish technical trend with mixed earnings performance. The company reported Q2 2026 revenue of $37.7 million but missed EPS estimates with a $0.03 loss. Despite strong analyst buy ratings (94.7%), fundamental challenges persist with negative net income margins and elevated valuation ratios.
The outlook remains cautious due to ongoing losses and competitive pressures, though institutional support and product revenue growth provide some stability. Key risks include patent litigation outcomes and the need for sustained revenue acceleration to achieve profitability.
Trailing returns across standard periods
Latest headlines on both assets
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 →Heron Therapeutics is a commercial-stage biotechnology company focused on improving patient care. It develops best-in-class medicines for pain management and cancer care to address unmet medical needs.
Read more on HRTX →