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Analyst Looks At Odds Of Biogen Takeover

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Biogen headquarters on Binney Street in Cambridge. (Jesse Costa/WBUR)
Biogen headquarters on Binney Street in Cambridge. (Jesse Costa/WBUR)

After a jump in its stock price of more than 9 percent on Tuesday, stock in Biogen, the Cambridge-based biotech giant, fell nearly 3 percent in trading on Wednesday.

The roller coaster follows a Wall Street Journal report this week that Biogen could be a takeover target. Biogen leadership is not commenting.

Peter Cohan, visiting lecturer on strategy and entrepreneurship at Babson College, joined Morning Edition to discuss

This segment aired on August 4, 2016.

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Bob Oakes Senior Correspondent
Bob Oakes was a senior correspondent in the WBUR newsroom, a role he took on in 2021 after nearly three decades hosting WBUR's Morning Edition.

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