Biogen

Pharmaceutical company

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2023 Biogen experiences continued revenue reduction to $9,835 million and net income drops to $1,161 million
2022 Continued challenges with revenue further declining to $10,173 million, though net income improves to $3,046 million
September 2022 Biogen agreed to pay $900 million to U.S. federal governments, states, and a whistleblower to settle legal action related to its illegal marketing practices from 2009-2014.
2021 Significant drop in revenue to $10,981 million and net income reduced to $1,556 million
2020 Biogen experiences slight revenue decline to $13,445 million but increases employee count to 9,100, potentially due to COVID-19 pandemic impacts
2019 Company achieves peak revenue of $14,378 million and highest net income of $5,889 million to date
2018 Biogen reaches 7,800 employees and reports revenue of $13,453 million with a significant net income of $4,431 million
2016 SPINRAZA was approved as the first drug for treating spinal muscular atrophy, developed in collaboration with Ionis Pharmaceuticals.
2015 Company continues strong performance with revenue of $10,764 million and net income of $3,547 million, while maintaining around 7,350 employees
2014 ELOCTATE was approved for hemophilia A treatment.
2014 Biogen concluded its period of illegal doctor bribery to increase prescriptions of multiple sclerosis drugs.
2014 PLEGRIDY was approved in the United States and Europe for relapsing forms of multiple sclerosis.
2014 Biogen experiences substantial growth, with revenue increasing to $9,703 million, net income of $2,935 million, and employee count rising to 7,550
2013 GAZYVA was approved, becoming the first medicine with the FDA's Breakthrough Therapy Designation.
2013 Biogen reaches 6,850 employees, with significant growth in revenue to $6,932 million and net income of $1,862 million
2013 TECFIDERA was approved for treating relapsing forms of multiple sclerosis in the United States.
2011 RITUXAN was approved for ANCA-Associated Vasculitis.
2011 FAMPYRA received European approval.
2010 FAMPYRA was approved for improving walking ability in multiple sclerosis patients.
2010 Biogen reports revenue of $4,716 million and net income of $1,005 million, with total assets of $8,092 million and stock price at $51.95

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