Biogen Reports $1.26 EPS Impact from IPR&D and Milestone Expenses in Q4.

Wednesday, Jan 14, 2026 8:45 am ET1min read
BIIB--

Biogen expects Q4 2025 results to include $222mln in IPR&D, upfront, and milestone expenses, which will reduce EPS by $1.26. The charges relate to collaboration and licensing agreements, equity securities, and asset acquisitions. This news has caused Biogen's shares to close at $178.30, down 3.95%.

Biogen Reports $1.26 EPS Impact from IPR&D and Milestone Expenses in Q4.

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