Biogen (BUE:BIIB) Purchase Of Investment

: ARS-579,179 Mil (TTM As of Mar. 2023)

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Biogen's purchase of investment for the three months ended in Mar. 2023 was ARS-261,003 Mil. It means Biogen spent ARS261,003 Mil on purchasing investments. Biogen's purchase of investment for the trailing twelve months (TTM) ended in Mar. 2023 was ARS-579,179 Mil.

Compared with last quarter (ARS-107,732 Mil in Dec. 2022 ), Biogen spent more money on purchasing investments in Mar. 2023 (ARS-261,003 Mil).

Biogen Purchase Of Investment Historical Data

The historical data trend for Biogen's Purchase Of Investment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Biogen Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Purchase Of Investment

-307,586.09

-313,966.81

-520,644.81

-384,640.61

-578,141.01

Biogen Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Purchase Of Investment																-121,706.22	-141,760.78	-68,682.98	-107,731.89	-261,003.07

Biogen Purchase Of Investment Calculation

Purchase of Investments represents cash outflow on the purchase of investments in securities.

Purchase Of Investment for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS-579,179 Mil.

Biogen Purchase Of Investment Related Terms

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Biogen (BUE:BIIB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

BIIB:USA BIIB:Mexico IDP:Germany BIIB34:Brazil BIIB:Austria

Address

225 Binney Street, Cambridge, MA, USA, 02142

Website

http://www.biogen.com

Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva are marketed via a collaboration with Roche. Biogen also markets novel MS drugs Plegridy, Tysabri, Tecfidera, and Vumerity. In Japan, Biogen's MS portfolio is co-promoted by Eisai. Hemophilia therapies Eloctate and Alprolix (partnered with SOBI) were spun off as part of Bioverativ in 2017. Biogen has several drug candidates in phase 3 trials in neurology and neurodegenerative diseases and has launched Spinraza with partner Ionis. Aduhelm was approved as the firm's first Alzheimer's disease therapy in June 2021, followed by Leqembi in January 2023.