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Biogen Posts Just $300K Sales From Aduhelm In Q3, Though Earnings Beat Estimates

Biogen Posts Just $300K Sales From Aduhelm In Q3, Though Earnings Beat Estimates

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Biogen Inc (NASDAQ: BIIB) has posted Q3 adjusted EPS of $4.77 ahead of the consensus estimate of $4.11, but quarterly profit fell around 53% Y/Y to $329.2 million on the continued competition for Company’s flagship product, Tecfidera, a multiple sclerosis drug. Sales of $2.8 billion came in slightly above the expected $2.7 billion.

...read full article on Benzinga

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