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Growth in the quarter driven by TECFIDERA, ELOCTATE and ALPROLIX
July 22, 2016
By: Kristin Brooks
Biogen 2Q Revenues: $2.9 billion (+12%) 2Q Earnings: $1.1 billion (+13%) Comments: Growth in the quarter was driven by the multiple sclerosis and hemophilia businesses. TECFIDERA sales were up 12% to $987 million. AVONEX sales were down 2% to $606 million, while PLEGRIDY sales were up 65% to $123 million. TYSABRI sales were $497 million, up 7%. ELOCTATE and ALPROLIX sales were $125 million, up 68%, and $80 million, up 48%, respectively.
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