Discontinued — last reported Q3 '25
Biogen E2609 and BAN2401 — Expense incurred by the collaboration increased by 7.4% to $176.80M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $164.60M to $176.80M. Over 2 years (FY 2021 to FY 2023), E2609 and BAN2401 — Expense incurred by the collaboration shows an upward trend with a 234.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase reflects higher overall operational activity or scaling of the collaborative project, which may precede future commercialization efforts.
This metric captures the total operational expenses generated by a collaborative entity or project before any allocation...
Similar to 'total program costs' or 'gross collaborative project expenses' reported by pharmaceutical companies in their segment disclosures for joint ventures.
biib_segment_e2609_and_ban2401_expense_incurred_by_the_collaboration| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.30M | $5.60M | $11.60M | $15.90M | $23.40M | $29.00M | $36.30M | $10.50M | $17.10M | $163.40M | $113.40M | $173.90M | $137.70M | $164.60M | $176.80M |
| QoQ Change | — | +30.2% | +107.1% | +37.1% | +47.2% | +23.9% | +25.2% | -71.1% | +62.9% | +855.6% | -30.6% | +53.4% | -20.8% | +19.5% | +7.4% |
| YoY Change | — | — | — | — | +444.2% | +417.9% | +212.9% | -34.0% | -26.9% | +463.4% | +212.4% | >999% | +705.3% | +0.7% | +7.4% |