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Biogen launches Remicade biosimilar in the UK

Biogen launches Remicade biosimilar in the UK
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Biogen Poised for Pipeline Growth, Samsung Eyes New Drug Expansion after $2.3B Joint Venture Deal

By agreeing to sell its just-under-50% stake in its drug joint venture with Samsung Biologics for up to $2.3 billion, Biogen has raised speculation about using the proceeds to grow its pipeline through deals with other biopharmas while the surviving partner raised the possibility of expanding into development of new drugs. ....

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Biogen shares jump on reports of $42B Samsung buyout talks

Samsung Group is in talks to buy Biogen in a deal that could be worth $42 billion, the Korea Economic Daily reported Wednesday, citing investment banking sources. Biogen has been laboring to launch its controversial Alzheimer’s drug, Aduhelm, and suffering from declining revenues as generics eat away sales of its flagship multiple sclerosis drug, Tecfidera. ....

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