Looks like you’re on the UK site. Choose another location to see content specific to your location

Home Industry News Biogen highlights strong financial performance during 2016

Biogen highlights strong financial performance during 2016

6th February 2017

Biogen has announced its financial results for 2016, during which its total revenues rose by six percent year-on-year to $11.4 billion (9.14 billion pounds).

This represented a nine percent increase on a constant currency basis, with growth driven by strong sales of key brands such as Tecfidera, Tysabri, Eloctate, Alprolix and Benepali, which helped to offset a fall in worldwide interferon revenues.

During the year, the company was able to introduce important new therapies such as Spinraza for spinal muscular atrophy and Zinbryta for multiple sclerosis, while appointing Michel Vounatsos as its new chief executive officer.

Revenue in the range of $11.1 billion to $11.4 billion is expected once again in 2017.

Mr Vounatsos said: "My plan is to maintain a disciplined focus on near-term execution, while laying the groundwork for Biogen's long-term sustainability through continued investment in R&D and innovation and business development."

The company has also confirmed that the separation of its global haemophilia business into a new standalone organisation called Bioverativ has now been completed.

With over 20 years of experience within the pharmaceutical market, we at Zenopa have the knowledge, skills and expertise to help find the right job for you. To find out more about the current pharmaceutical roles we have available, you can search for the latest job roles, register your details, or contact the team today.ADNFCR-8000103-ID-801832039-ADNFCR

We currently have 9 jobs available in Pharmacy industry, find your perfect one now.

Stay informed

Receive the latest industry news, Tips
and straight to your inbox.