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American biotechnology company Biogen (BIIB) expects lower profits in 2025, impacted by a stronger dollar (DX=F, DX-Y.NYB) and competition for its multiple sclerosis (MS) drugs.
Despite this, the company beat fourth quarter expectations — driven by cost-cutting and new product launches, including its Alzheimer's drug.
Watch the video above to hear hosts Brad Smith and Seana Smith discuss Biogen's latest developments.
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This post was written by Josh Lynch