Biogen Inc vs Transocean Ltd — how do they compare? Biogen Inc trades at $202.7 (market cap $30.13B), while Transocean Ltd trades at $5.8 (market cap $6.49B). The key difference: Biogen Inc is far larger — about 4.6× Transocean Ltd's market cap, and Biogen Inc is trading nearer its 52-week high, Transocean Ltd nearer its low. Which is the better fit depends on your goals.
| BIIB | RIG | |
|---|---|---|
Market Cap | $30.13B | $6.49B |
Sector | Health | Technology |
52-Week High | $216.63 | $7.58 |
52-Week Low | $128.93 | $2.80 |
Enterprise Value | $37.20B | $11.10B |
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 →Transocean Ltd. is a leading international provider of offshore contract drilling services for oil and gas wells. The company operates one of the world's most versatile fleets of mobile offshore drilling units, including ultra-deepwater drillships and harsh environment semi-submersibles. RIG's services are essential to energy exploration and production companies seeking to access deepwater and challenging reserves globally.
Read more on RIG →