8-KEarnings & ResultsExhibits & Filings

BIOGEN INC. 8-K Report, Financial Results (Apr 23, 2008)

Filed April 23, 2008For Securities:BIIB

Summary

Biogen Idec Inc. (BIIB) filed an 8-K on April 23, 2008, primarily to announce its financial results for the first quarter ended March 31, 2008. The report incorporates by reference a press release (Exhibit 99.1) detailing the company's performance during the period. Investors should refer to this press release for specific operational and financial metrics, as the 8-K itself does not contain the detailed financial data but rather serves as a notification of its public release. The furnishing of this press release under Item 2.02 is important to note. It means the information is provided to the SEC for public disclosure but is not considered 'filed' for certain legal purposes, such as Section 18 of the Exchange Act. This distinction is crucial for understanding the legal implications of the disclosed information.

Key Highlights

  • 1Biogen Idec filed an 8-K on April 23, 2008, to report Q1 2008 financial results.
  • 2The core of the filing is Exhibit 99.1, a press release announcing the company's results of operations and financial condition for the three months ended March 31, 2008.
  • 3The 8-K itself does not contain detailed financial tables or commentary; investors must consult the referenced press release for this information.
  • 4The press release is furnished under Item 2.02 of Form 8-K, meaning it is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
  • 5This filing serves as a notification of the public release of Q1 2008 financial and operational data.

Frequently Asked Questions

The main purpose of this 8-K filing by Biogen Idec on April 23, 2008, is to publicly announce and provide access to its financial results and condition for the first quarter ended March 31, 2008, through an accompanying press release.

The detailed financial results for the first quarter ended March 31, 2008, are contained within Exhibit 99.1, which is the press release referenced in the 8-K filing. Investors should carefully review this press release.

When information is 'furnished' under Item 2.02 of Form 8-K, it means the company is providing it to the SEC for public disclosure but it does not carry the same legal liabilities as information that is 'filed' under other sections of securities laws, such as Section 18 of the Exchange Act. This typically means it's not incorporated by reference into other filings unless explicitly stated.