Biogen CEO Transformed Embattled Biotech In Five Short Years

When George Scangos became Biogen Idec Inc.’s chief executive officer in mid-2010, the share price was languishing in the $50 range and the company was reeling from a bruising battle with activist investor Carl Icahn.

Within months, Scangos, a Boston-area native and former Johns Hopkins University biology professor, was cutting the workforce, spinning off assets and getting out of some lines of business -- tasks no executive would relish.

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