Biogen Inc

BIIB: XNAS (USA)
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Biogen Earnings: Modest Progress For Leqembi Launch; Full-Year Guidance Raised

Biogen reported 7% year-on-year revenue growth and 4% non-GAAP earnings per share growth. Sales of Leqembi (for Alzheimer's disease) in the US were $63 million, or 21% sequential growth. Management lifted its full-year guidance range for non-GAAP EPS by 5% (using the midpoints) from May's level.

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