Biogen Says Research, Milestone Charges to Reduce Earnings in Q2, Q3
MT Newswires Live
Jul 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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