Biogen Inc ($BIIB) Q1 2025 Earnings Call
BIIB - Earnings call Q1 2025.
President, Chief Executive Officer & Director, Biogen
Search every verified Christopher Viehbacher interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. On Biogen's first quarter 2025 earnings call, Christopher Viehbacher described the company as "a tale of two companies," noting that its multiple sclerosis portfolio has been "gradually declining" while a "new Biogen" is emerging. He stated that the company's actively promoted commercial portfolio, including rare disease drugs and Alzheimer's treatments, now accounts for about 45% of product revenue. Viehbacher called Leqembi "the first disease modifying agent that has ever been approved in Alzheimer's" and said that having regulatory endorsement is "extremely important." Viehbacher said Biogen does not expect a material impact in 2025 from potential tariffs, even if the pharmaceutical exemption were removed, citing U.S.-based manufacturing and global inventory positions. He noted that Biogen is open to partnering on excess manufacturing capacity, mentioning that its Solothurn facility is doing contract development and manufacturing organization (CDMO) business and that its Research Triangle Park facility already manufactures for third parties. He also stated that Biogen has a goal of signing four to five new research collaborations in 2025.
“Biogen is really a tale of two companies in my view. There's one company which has been an MS company and that portfolio as you all know has been gradually declining. But there's a new Biogen emerging and when I look at the rare disease business and Aduhelm or Leqembi and the Kelsadi and Vimemerity we actually have a c...”
“Even if we lost the exemption and all of those tariffs that were announced by the US administration on April 22nd were to actually not only come into being but also apply to pharmaceuticals, this would still not affect our 2025 financial outlook. That's partly because of the long supply chains we have. It's partly beca...”
“We now expect our full year 2025 non-GAAP diluted earnings per share to be between $14.50 and $15.50. We continue to expect total revenue for 2025 to decline by a mid single-digit percentage driven primarily by an increased decline in our MS business. We expect that our launch products will generate sequential revenue...”
“I think there is a shift even perhaps in the last four to six weeks. You know, in a couple of ways. I mean valuation is one thing but you know you're still really focused on getting the right thing. Um and what I think has changed is you know you have a lot of healthcare investors who are facing a lot of pressure from...”
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