Discontinued — last reported Q3 '25

Products & Services · Expense incurred by the collaboration

E2609 and BAN2401 — Expense incurred by the collaboration

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ3 2025Oct 30, 2025

How to read this metric

An increase reflects higher overall operational activity or scaling of the collaborative project, which may precede future commercialization efforts.

Detailed definition

This metric captures the total operational expenses generated by a collaborative entity or project before any allocation...

Peer comparison

Similar to 'total program costs' or 'gross collaborative project expenses' reported by pharmaceutical companies in their segment disclosures for joint ventures.

Metric ID: biib_segment_e2609_and_ban2401_expense_incurred_by_the_collaboration

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q3 '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%
Range$4.30M$176.80M
CAGR+189.2%
Avg YoY Growth+360.0%
Median YoY Growth+212.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Biogen's e2609 and ban2401 — expense incurred by the collaboration?
Biogen (BIIB) reported e2609 and ban2401 — expense incurred by the collaboration of $176.80M in Q3 2025.
How has Biogen's e2609 and ban2401 — expense incurred by the collaboration changed year-over-year?
Biogen's e2609 and ban2401 — expense incurred by the collaboration increased by 7.4% year-over-year, from $164.60M to $176.80M.
What is the long-term trend for Biogen's e2609 and ban2401 — expense incurred by the collaboration?
Over 2 years (2021 to 2023), Biogen's e2609 and ban2401 — expense incurred by the collaboration has grown at a 234.5% compound annual growth rate (CAGR), from $27.20M to $304.40M.
What does e2609 and ban2401 — expense incurred by the collaboration mean?
The total operational costs generated by a collaborative project before accounting for individual partner shares.