Biogen Idec
3Q Revenues: $1.4 billion (+6%)
3Q Earnings: $398.4 million (+13%)
YTD Revenues: $4.1 billion (+10%)
YTD Earnings: $1.1 billion (+16%)
Comments: Avonex sales were $736 million (+8%). Tysabri sales were $275 million (-1%). Rituxan revenues from an unconsolidated joint business arrangement were $288 million (+8%). Global in-market sales of Tysabri were $404 million (+3%), including $230 million in the U.S. Revenues from other products were $28 million, compared to $17 million in 3Q11. Royalty revenues were $47 million, compared to $52 million in 3Q11. In the quarter quarter, Biogen recognized a gain of $32 million related to the sale of rights related to Benlysta.



