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U.S. patent office rules in favor of Biogen over Mylan for MS drug [Reuters]
Last biogen inc. earnings: 4/22 07:12 am
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US:NASDAQ Investor Relations: biogen.com/en_us/investors.html
U.S. patent office rules in favor of Biogen over Mylan for MS drug (Reuters) - An administrative court on Wednesday ruled in favor of Biogen Inc in a battle with generic drugmaker Mylan NV over a patent on its multiple sclerosis drug Tecfidera. Biogen shares rose nearly 24% to $350 after the ruling. The Patent Trial and Appeal Board, an administrative court run by the U.S. Patent And Trademark Office, said Mylan had not demonstrated that some claims were patentable.
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- Biogen Inc. (NASDAQ: BIIB) had its price target lowered by analysts at Mizuho from $251.00 to $207.00. They now have an "outperform" rating on the stock.[MarketBeat]
- Biogen Gains Momentum With Positive Lupus Drug Results, Analyst Sees Modest Valuation Upside [Yahoo! Finance][Yahoo! Finance]
- Dapirolizumab Pegol Phase 3 Data Presented at the American College of Rheumatology Shows Significant Reduction in Systemic Lupus Erythematosus Disease Activity [Yahoo! Finance][Yahoo! Finance]
- Dapirolizumab Pegol Phase 3 Data Presented at the American College of Rheumatology Shows Significant Reduction in Systemic Lupus Erythematosus Disease Activity[GlobeNewswire]
- Biogen Inc. (NASDAQ: BIIB) was downgraded by analysts at Needham & Company LLC to a "hold" rating. They now have a $270.00 price target on the stock.[MarketBeat]
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BIIB
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