Biogen CEO Plots A Slow Return To Growth As Revenue Set To Shrink Again In 2023

Cost Cuts, R&D Prioritization, Deals All On The Table

Christopher Viehbacher told his first earnings call as CEO that a review is under way to reverse Biogen’s fortunes, but noted Leqembi will not be a meaningful contributor while treatment and reimbursement bottlenecks remain.  

Q4 on red background, fourth quarter cover or poster
Biogen reported a 7% revenue decline for Q4 and the full year of 2022 • Source: Shutterstock

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