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Re: DewDiligence post# 160172

Monday, 06/03/2013 12:14:16 PM

Monday, June 03, 2013 12:14:16 PM

Post# of 257257
Biogen MS drug scripts up 12% in week eight, says Citigroup

Citigroup says that in its eighth week of launch, scripts for Biogen's (BIIB) multiple sclerosis drug Tecfidera were up 12% to 2,203.

Citi notes it took 54 weeks for Novartis' Gilenya to reach that scrip level. The firm says Tecfidera is set to beat Q2 and 2013 estimates by a large amount and it keeps a Buy rating on shares of Biogen.

You couldn't tell by today's price action....

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