BIIB

BIOGEN INC.

Ticker: BIIBHealthcareBiological ProductsS&P 500
HQ CAMBRIDGE, MACIK 875045FY end 12-31Book / share $126.84Shares 149M
Revenue (FY)
$9.89B+2.22%
TTM $10.03B
Op. margin
0.00%
Net income
$1.29B-20.79%
TTM $834.60M
Operating cash
$2.20B-23.33%
TTM $2.88B
Free cash flow
$2.05B-24.65%
TTM $2.70B
Return on equity
7.33%-2.58%
TTM 4.43%
Debt / equity
0.34-0.03%
TTM 0.43
Shares outstanding
147.1M+0.82%
TTM 148.6M

The business

Biogen Inc. (NASDAQ: BIIB) is a global biopharmaceutical company headquartered in Cambridge, Massachusetts, with operations across North America, Europe, and international markets. The company website is www.biogen.com.

Biogen focuses on discovering, developing, and delivering innovative therapies for serious and complex diseases, with particular expertise in neurology, specialized immunology, and rare diseases. The company maintains a diversified portfolio of marketed products across multiple therapeutic areas. In neurology, Biogen markets multiple multiple sclerosis treatments including TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, and TYSABRI. The company co-developed LEQEMBI with Eisai for Alzheimer's disease treatment and collaborates with Supernus on ZURZUVAE for postpartum depression. In rare diseases, Biogen markets SPINRAZA for spinal muscular atrophy, QALSODY for amyotrophic lateral sclerosis, and SKYCLARYS for Friedreich ataxia. The company also commercializes a portfolio of biosimilars including BENEPALI, IMRALDI, and FLIXABI through collaborations with Samsung Bioepis.

Biogen maintains significant collaborative relationships with leading pharmaceutical and biotechnology companies. The company has agreements with Genentech providing business and financial rights to anti-CD20 therapeutic programs including RITUXAN, GAZYVA, OCREVUS, LUNSUMIO, and COLUMVI. Collaborations with Ionis support development of antisense oligonucleotide therapies for rare neurological diseases.

The company supports its drug discovery and development efforts through internal research and development programs, external collaborations, and strategic acquisitions. Recent acquisitions include Alcyone Therapeutics for implantable drug delivery technology and Reata Pharmaceuticals for rare disease treatments. Biogen's business model emphasizes innovation in addressing unmet medical needs through both organic development and external partnerships, positioning the company as a leader in specialized therapeutic areas with high barriers to entry and significant patient populations requiring advanced treatment options.

Sector
Healthcare
Industry
Biological Products
HQ
CAMBRIDGE, MA
FY end
12-31
CIK
875045
SIC
2836
Financial performance · annual
20132025
$-1.44B$2.88B$7.19B$11.50B$15.82B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds BIOGEN INC. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

775
funds hold it
1 of 35
superinvestors hold it
$15.01B
fund-held value
48.7%
of shares held by funds
7
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD PRIMECAP FUND
VPMCX · VANGUARD CHESTER FUNDS
1.88%$1.81B
Fidelity Contrafund
FCNTX
0.60%$1.08B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%$1.01B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.05%$827.05M
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.31%$691.19M

Superinvestors in BIOGEN INC.

Mark HillmanDECREASED -18.8%
Hillman Capital Management
3.8%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 7 issues of BIOGEN INC.'s debt, $655.07M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 3.82%, maturing 20302055.

IssueCouponMaturesFundsFund-held
Biogen, Inc.2.250%2030-05-0188$265.83M
Biogen, Inc.5.750%2035-05-1567$106.07M
Biogen Inc3.150%2050-05-0163$97.08M
Biogen, Inc.6.450%2055-05-1551$74.77M
Biogen Inc5.050%2031-01-1542$49.52M
Biogen Inc3.250%2051-02-1550$34.37M
Biogen Inc5.200%2045-09-1535$27.43M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Go deeper in your own AI

15 years of statements, narrative and filings — queryable over MCP.

Read BIIB's last four 10-Qs: what changed in segment trends, margins and management's narrative?
Run in your AI →

Professionals can also use the built-in AI chat (subscription + your own Anthropic key).

15 years of BIOGEN INC.'s financials

Income statement, balance sheet and cash flow across 15 years, every filing with its disclosures, and each number traceable to the filing it came from — free with an account, no card required.

Sign in free