When will Bio­gen fi­nal­ly pull the trig­ger on a block­buster M&A deal?

Now that Gilead $GILD, Cel­gene $CELG and even Sanofi $SNY have pulled off some ma­jor league M&A deals, all eyes are on Bio­gen $BI­IB to fi­nal­ly step up and do some­thing…big.

What we got yes­ter­day was a small pre­clin­i­cal deal of no great con­se­quence, a mere ap­pe­tiz­er com­pared to the binge deal an­a­lysts have been dream­ing about. So you can imag­ine what the first ques­tion was about when the an­a­lysts got their shot dur­ing the Q4 call on Thurs­day.

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