Biogen Surpasses Profit Estimates with Strong Cost Management and Leqembi Sales Surge

Wednesday, 24 April 2024, 10:47

Biogen has outperformed quarterly profit estimates, driven by effective cost-cutting measures and the remarkable sales growth of Alzheimer's drug Leqembi. The launch of Leqembi has significantly boosted sales, reaching $19 million this quarter compared to $10 million last year, showcasing a substantial positive impact on the company's financial performance.
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Biogen Surpasses Profit Estimates with Strong Cost Management and Leqembi Sales Surge

Biogen's Profit Exceeds Expectations

Biogen has once again showcased its financial strength by surpassing quarterly profit estimates, highlighting successful cost reduction strategies.

Leqembi Sales Surge

The sales of Alzheimer's drug Leqembi have soared, bringing in $19 million this quarter compared to $10 million last year, indicating a significant revenue increase.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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