Earnings call briefThird-quarter 2026

Biogen now expects approximately $50 million of acquired IPR&D in Q4

Biogen said it expects fourth-quarter VUMERITY revenue to be roughly flat sequentially or up approximately a mid single digit percentage from the prior-year quarter.

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Biogen said on its third-quarter call that it expects fourth-quarter SPINRAZA revenue to be up approximately a mid single digit percentage from the prior-year fourth quarter.

Chief Financial Officer Robin C. Kramer said the company has repaid $600 million of term loans related to the Appellis acquisition and expects to repay the remaining $1.4 billion by the end of 2027.

Quotes from the call

“We also now expect approximately $50 million of acquired IPR&D in the fourth quarter.”

Robin C. Kramer, Chief Financial Officer

Key facts from the call

Expected fourth-quarter acquired IPR&D
approximately $50 million
Expected fourth-quarter VUMERITY revenue
roughly flat sequentially or up approximately a mid single digit percentage versus the fourth quarter of 25
Appellis term loans repaid to date
$600 million
Remaining Appellis term loans expected to be repaid by end of 2027
$1.4 billion

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Source: Biogen's third-quarter 2026 earnings call, October 28, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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