Biogen completes separation of Bioverativ

2 February 2017

US biotech major Biogen (Nasdaq: BIIB) yesterday completed the separation of its global hemophilia business.

The new company, known as Bioverativ, is an independent, publicly traded global biotechnology company focused on hemophilia and other rare blood disorders. Bioverativ common stock will begin “regular way” trading today, February 2, 2017, under the symbol “BIVV” on the Nasdaq Global Select Market.

In fact, trading already started after hours on Wednesday, with the stock down 1.22% at $44.45, having initially gained to $46.24.

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