Company profile

Ticker
BIIB
Exchange
Website
CEO
Michel Vounatsos
Employees
Incorporated in
Location
Fiscal year end
Former names
Biogen Idec Inc, Biogen Idec Inc., Idec Pharmaceuticals Corp / Ca, Idec Pharmaceuticals Corp / De
SEC CIK
IRS number
330112644

BIIB stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

23 Apr 20
5 Jun 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 3.53B 3.67B 3.6B 3.62B
Net income 1.4B 1.44B 1.55B 1.49B
Diluted EPS 8.08 8.08 8.39 7.85
Net profit margin 39.59% 39.21% 42.94% 41.31%
Operating income 1.82B 1.78B 1.81B 1.96B
Net change in cash -322.4M 569.8M 620.5M -519.8M
Cash on hand 2.59B 2.91B 2.34B 1.72B
Cost of revenue 454.3M 447.1M 430M 476.3M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 14.38B 13.45B 12.27B 11.45B
Net income 5.89B 4.43B 2.54B 3.7B
Diluted EPS 31.42 21.58 11.92 16.93
Net profit margin 40.96% 32.93% 20.69% 32.34%
Operating income 7.04B 5.89B 5.35B 5.15B
Net change in cash 1.69B -349.2M -752.7M 1.02B
Cash on hand 2.91B 1.22B 1.57B 2.33B
Cost of revenue 1.96B 1.82B 1.63B 1.48B

Financial data from Biogen earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
3 Jun 20 Denner Alexander J Common Stock Grant Aquire A 0 890 0 12,954
3 Jun 20 Hawkins William A Common Stock Grant Aquire A 0 890 0 2,045
3 Jun 20 Dorsa Caroline Common Stock Grant Aquire A 0 890 0 21,097
3 Jun 20 Mantas Jesus B Common Stock Grant Aquire A 0 890 0 2,045
3 Jun 20 Leaming Nancy Common Stock Grant Aquire A 0 890 0 12,988
86.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1042 1049 -0.7%
Opened positions 112 196 -42.9%
Closed positions 119 96 +24.0%
Increased positions 307 255 +20.4%
Reduced positions 442 454 -2.6%
13F shares
Current Prev Q Change
Total value 44.83B 44.83B -0.0%
Total shares 141.86M 151.07M -6.1%
Total puts 4.09M 5.01M -18.3%
Total calls 3.28M 3.73M -12.0%
Total put/call ratio 1.2 1.3 -7.1%
Largest owners
Shares Value Change
BLK BlackRock 16.04M $5.08B +2.5%
Primecap Management 15.97M $5.05B +5.1%
Vanguard 14.24M $4.5B +2.7%
STT State Street 8.26M $2.61B +0.4%
Renaissance Technologies 4.47M $1.42B -2.1%
Clearbridge Advisors 4.41M $1.39B -14.2%
N Price T Rowe Associates 4.28M $1.36B +113.0%
Wellington Management 4.1M $1.3B -12.0%
Geode Capital Management 3.37M $1.07B +2.1%
NTRS Northern Trust 2.47M $781.71M -0.8%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -2.41M EXIT
N Price T Rowe Associates 4.28M +2.27M +113.0%
D. E. Shaw & Co. 416.34K -1.17M -73.7%
Capital World Investors 718.41K -1.11M -60.7%
Boston Partners 339.41K -1.06M -75.8%
Arrowstreet Capital, Limited Partnership 1.45M -973.73K -40.2%
Primecap Management 15.97M +776.51K +5.1%
Clearbridge Advisors 4.41M -730.79K -14.2%
FMR 2.19M +729.23K +50.0%
Wellington Management 4.1M -560.52K -12.0%

Financial report summary

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Risks
  • If we are unable to obtain and maintain adequate protection for our data, intellectual property and other proprietary rights, our business may be harmed.
  • The ongoing COVID-19 pandemic may, directly or indirectly, adversely affect our business, results of operations and financial condition.
  • Our long-term success depends upon the successful development of new products and additional indications for existing products.
  • If we fail to compete effectively, our business and market position would suffer.
  • Our business may be adversely affected if we do not successfully execute or realize the anticipated benefits of our strategic and growth initiatives.
  • Successful preclinical work or early stage clinical trials does not ensure success in later stage trials, regulatory approval or commercial viability of a product.
  • Clinical trials and the development of biopharmaceutical products is a lengthy and complex process. If we fail to adequately manage our clinical activities, our clinical trials or potential regulatory approvals may be delayed or denied.
  • Adverse safety events or restrictions on use and safety warnings for our products can negatively affect our business, product sales and stock price.
  • Sales of our products depend, to a significant extent, on adequate coverage, pricing and reimbursement from third-party payors, which are subject to increasing and intense pressure from political, social, competitive and other sources. Our inability to obtain and maintain adequate coverage, or a reduction in pricing or reimbursement, could have an adverse effect on our business, reputation, revenues and results of operations, could curtail or eliminate our ability to adequately fund research and development programs for the discovery and commercialization of new products or could cause a decline or volatility in our stock price.
  • A breakdown or breach of our technology systems could subject us to liability or interrupt the operation of our business.
  • We depend on relationships with collaborators, joint venture partners and other third parties for revenues, and for the development, regulatory approval, commercialization and marketing of certain of our products and product candidates, which are outside of our full control.
  • Our results of operations may be adversely affected by current and potential future healthcare reforms.
  • Management and key personnel changes may disrupt our operations, and we may have difficulty retaining key personnel or attracting and retaining qualified replacements on a timely basis for management and other key personnel who may leave the Company.
  • If we fail to comply with the extensive legal and regulatory requirements affecting the health care industry, we could face increased costs, penalties and a loss of business.
  • Our sales and operations are subject to the risks of doing business internationally.
  • We are building a large-scale biologics manufacturing facility, which will result in the incurrence of significant investment with no assurance that such investment will be recouped.
  • Manufacturing issues could substantially increase our costs, limit supply of our products and/or reduce our revenues.
  • Our success in commercializing biosimilars developed by Samsung Bioepis is subject to risks and uncertainties inherent in the development, manufacture and commercialization of biosimilars. If Samsung Bioepis is unsuccessful in the development, manufacture and commercialization of biosimilars, we may not realize the anticipated benefits of our investment in Samsung Bioepis.
  • Our operating results are subject to significant fluctuations.
  • Our effective tax rate fluctuates, and we may incur obligations in tax jurisdictions in excess of accrued amounts.
  • Our investments in properties may not be fully realized.
  • Our portfolio of marketable securities is subject to market, interest and credit risk that may reduce its value.
  • There can be no assurance that we will continue to repurchase shares or that we will repurchase shares at favorable prices.
  • We may not be able to access the capital and credit markets on terms that are favorable to us.
  • Our indebtedness could adversely affect our business and limit our ability to plan for or respond to changes in our business.
  • Our business involves environmental risks, which include the cost of compliance and the risk of contamination or injury.
  • The illegal distribution and sale by third parties of counterfeit or unfit versions of our products or stolen products could have a negative impact on our reputation and business.
  • The increasing use of social media platforms presents new risks and challenges.
  • Some of our collaboration agreements contain change in control provisions that may discourage a third party from attempting to acquire us.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Good
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