Maturing Pipeline Boosts Biogen Idec Inc. (BIIB) Earnings

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Foolish bottom line

Biogen remains one of the most promising names in biotech — and growth stocks, for that matter. A solid second quarter and rising full-year guidance for 2013 only support that thesis further. Tecfidera will continue to lift revenue for the next several quarters — or longer — but investors shouldn’t underestimate the risk that generic multiple sclerosis drugs pose. All in all, the enthusiasm for growth remains intact until larger risks reveal themselves.

The article Maturing Pipeline Boosts Biogen Earnings originally appeared on Fool.com and is written by Maxx Chatsko.

Fool contributor Maxx Chatsko has no position in any stocks mentioned. Check out his personal portfolio or his CAPS page, or follow him on Twitter, @BlacknGoldFool, to keep up with his writing on energy, bioprocessing, and biotechnology.The Motley Fool recommends Celgene.

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