Biogen Says Research, Milestone Charges to Reduce Earnings in Q2, Q3

MT Newswires Live

07/02

Biogen (BIIB) said research and development, upfront payments and milestone charges are expected to reduce earnings by about $0.95 a share in Q2 and by $1.75 to $1.95 in Q3, reflecting potential milestones and transactions that haven't yet closed.

Results for the quarter ended June 30 have not been finalized, the company said Wednesday in a regulatory filing.

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