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Article: Biogen joins Amgen, Genentech, Genzyme among top four Biotech companies.
- Article from:
- M2 Presswire
- Article date:
- February 15, 2005
CopyrightCOPYRIGHT 2005 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-15 February 2005-FNWU: Biogen joins Amgen, Genentech, Genzyme among top four Biotech companies(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:02142005
City of Industry, CA - Biotech industry news provided by Financial News USA (OTC: FNWU). Biogen IDEC (NASDAQ: BIIB) with a market cap of $22 billion is one of Biotech big four companies whose market caps exceed $10 billion. Its two blockbuster products, Avonex and Rituxan, have pushed its revenue over $2 billion. Biogen IDEC also cooperates with Elan (NYSE: ELN) to launch Tysabri in late 2004. This product is likely to be approved in Europe, and its use could expand beyond MS management - data will ...
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