Biogen announced it will acquire Apellis Pharmaceuticals for approximately $5.6 billion in cash, plus contingent payments based on sales milestones. The deal adds two FDA-approved immunology drugs, EMPAVELI and SYFOVRE, which generated $689 million in 2025 and target rare kidney and retinal diseases. This acquisition strengthens Biogen's portfolio and accelerates its expansion into nephrology with a Phase 3 drug, felzartamab. The transaction is expected to enhance Biogen's revenue growth and earnings per share starting in 2027, with closing anticipated in Q2 2026.
Biogen Inc. announced the appointment of Michael J. Parini as its new Chief Legal Officer, effective August 3, 2026. Parini brings over 20 years of legal and strategic leadership in the biopharmaceutical industry, having held senior roles at Spur The...
The LEADER study found that nearly 83% of early Alzheimer's patients remained stable or improved while on LEQEMBI treatment for an average of 17 months, consistent across demographics and genetic profiles. LEQEMBI targets amyloid beta to slow cogniti...
Biogen announced positive Phase 2 results for diranersen, an antisense therapy targeting tau protein in early Alzheimer's disease. The study showed meaningful clinical benefits, including slowing cognitive decline by up to 50% on some measures, and r...
The FDA has approved LEQEMBI IQLIK, a once-weekly subcutaneous injection for initiating treatment of early Alzheimer's disease, allowing at-home dosing. This new form offers a convenient alternative to intravenous infusions, providing flexibility for...
Biogen's stock received an upgrade as investors anticipate the company's upcoming announcement of detailed data from its Phase 2 study on an experimental Alzheimer's drug. This data release is significant because it could impact the future of Alzheim...
