Biogen raises annual profit estimates on strong demand for rare disease drugs-March 2024-www.financetom.com

Biogen raises annual profit estimates on strong demand for rare disease drugs

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Biogen raises annual profit estimates on strong demand for rare disease drugs

Jul 31, 2025 3:22 AM

July 31 (Reuters) - Biogen raised its annual

profit forecast on Thursday, betting on strong demand for its

rare disease drugs such as Skyclarys to offset declining sales

of its older multiple sclerosis drugs.

On an adjusted basis, Biogen expects 2025 adjusted per-share

profit between $15.50 and $16.00, compared with its previous

forecast of between $14.50 and $15.50.

Previous page： --Oracle, Musk's xAI End Talks on Server Deal, the Information Reports Next page： Oracle and Musk's xAI's $10 billion server deal talks lapse, The Information reports

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

--Oracle, Musk's xAI End Talks on Server Deal, the Information Reports

Jul 9, 2024

01:15 PM EDT, 07/09/2024 (MT Newswires) -- Price: 139.50, Change: -5.53, Percent Change: -3.81 ...

Oracle and Musk's xAI's $10 billion server deal talks lapse, The Information reports

Jul 9, 2024

(Reuters) -Billionaire Elon Musk's artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, The Information reported on Tuesday. The startup and Oracle have ended talks to expand an existing arrangement under which xAI rents Nvidia's AI chips from the cloud provider, the report said, citing several people involved in the talks....

Delta Air Lines, Riyadh Air Sign Cooperation Agreement

Jul 9, 2024

01:17 PM EDT, 07/09/2024 (MT Newswires) -- Delta Air Lines ( DAL ) said it signed Tuesday a strategic cooperation memorandum of understanding with Saudi Arabia's Riyadh Air to expand networks, drive growth and strengthen connectivity. The agreement includes interline and codeshare connectivity, loyalty programs, digital transformation, and aviation services, according to the company statement. Financial details were not disclosed....

National Bank Cuts DRI Healthcare Target to $17.50, Maintains Outperform

Jul 9, 2024

01:26 PM EDT, 07/09/2024 (MT Newswires) -- On July 8, the Board of DRI Healthcare appointed Gary Collins as the interim CEO of the Trust, whilst DRI Healthcare named Ali Hedayat as its interim CEO, notes National Bank. The changes follow Behzad Khosrowshahi's resignation as a result of an ongoing investigation of irregularities related to certain alleged consulting expenses presented...