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Biogen IDEC Inc. (BIIB-Q) has received critical reviews from various experts, with a notable sentiment highlighting dissatisfaction with its product offerings. Many reviewers express that the company is struggling to keep pace with its competitors, who are allegedly outshining Biogen in terms of performance and innovation. This poor perception may be attributed to a lack of robust new releases or advancements in their existing therapies, leading to concerns about their future prospects in the biopharmaceutical landscape. Overall, these reviews suggest a troubling outlook for Biogen, as it appears to be falling behind in a rapidly evolving industry where staying ahead is crucial for success and investor confidence.
https://www.pmlive.com/pharma_news/fda_sets_november_date_for_expert_panel_review_of_biogens_aducanumab_1351831 Until February 2020, Biogen's FDA results of an Alzheimer drug was the healthcare event of the year (then Covid hit). Novartis and other players are starting to compete here, though. He owned Biogen some years ago. He was on a panel which was split over whether Biogen would get FDA approval on Nov. 6. Regardless, this is a high-risk play; this could pop 35-50% up or down. The risk/return is too much for him. The drug has a checkered past and so far there is no effective Alzheimer's drug, but if it works it will be huge for the company and society.
Biogen IDEC Inc. is a American stock, trading under the symbol BIIB-Q on the NASDAQ (BIIB). It is usually referred to as NASDAQ:BIIB or BIIB-Q
In the last year, 2 stock analysts published opinions about BIIB-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Biogen IDEC Inc..
Biogen IDEC Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Biogen IDEC Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Biogen IDEC Inc. In the last year. It is a trending stock that is worth watching.
On 2025-04-03, Biogen IDEC Inc. (BIIB-Q) stock closed at a price of $130.71.
Not impressed with products. Competitors out performing.