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 Company Profile

 

Biogen Idec, Inc. (Massachusetts) 

14 Cambridge Center

Cambridge  Massachusetts  02142  U.S.A.
Phone: 617-679-2000 Fax: 617-679-2617


SEARCH JOBS


Biogen Idec (NASDAQ: BIIB), formed in November 2003 from the merger of Biogen, Inc. and IDEC Pharmaceuticals Corporation, creates new standards of care in oncology and immunology. As a global leader in the development, manufacturing, and commercialization of novel therapies, Biogen Idec transforms scientific discoveries into advances in human healthcare.

Two blockbuster drugs lead Biogen Idec’s product lineup, each with current annual net sales of more than $1 billion. The first is RITUXAN(R) (rituximab), which was discovered by IDEC, for the treatment of certain B-cell non-Hodgkin’s lymphomas (NHL) which Biogen Idec co-promotes in the United States with Genentech, AVONEX(R) (Interferon beta-1a), which is indicated for the treatment of patients with relapsing forms of multiple sclerosis (MS became the first MS product to achieve $1 billion in sales in 2002.

The company has a pipeline of 10 products in clinical development. Two of these products are in Phase III clinical trials: RITUXAN(R) (rituximab), in partnership with Genentech and F. Hoffman-LaRoche, for the treatment of rheumatoid arthritis and other cancer indications, and ANTEGREN(R) (natalizumab), in partnership with Elan Corporation plc, for the treatment of MS and Crohn's disease.

Biogen Idec is headquartered in Cambridge, Massachusetts and maintains centers of excellence in San Diego, California and Cambridge focused on oncology and immunology. The company has additional offices in Canada, Australia, Japan and throughout Europe. The company currently employs approximately 4,000 people worldwide.

Last Updated: 03-02-04


 Key Statistics


Email:
Ownership:
Web Site: Biogen Idec, Inc. (Massachusetts)
Employees: 1700
Symbol: BIIB
 



Industry
Biotechnology


Collaborations

NeoGenesis Pharmaceuticals, Inc.  Small molecule High Throughput Screening for multiple programs (6/01)

GPC Biotech, Inc.  HIV TAT-derived transport polytptides and methods of their use (5/01) - this was an outlicense from a research

ICOS Corporation  LFA-1 small molecule for psoriasis (7/01)

Elan Corporation PLC  (crohn's & MS)





 Company News
Biogen Idec, Inc. (Massachusetts) (BIIB)'s (JOBS) Tysabri, the MS Drug Haunted by Deadly Side Effect, Doesn't Look So Deadly Anymore 11/19/2009 8:01:11 AM    More...
Genentech (South SF) (DNA) (JOBS) and Biogen Idec, Inc. (Massachusetts) (BIIB) (JOBS) Receive a Complete Response from the FDA for Rituxan for Chronic Lymphocytic Leukemia 11/19/2009 7:26:54 AM    More...
Biogen Idec, Inc. (Massachusetts) (BIIB) to Present at the Lazard Capital Markets 6th Annual Healthcare Conference 11/11/2009 10:07:33 AM    More...
Biogen Idec, Inc. (Massachusetts) (BIIB) to Present at the 2009 Annual Credit Suisse Healthcare Conference 11/10/2009 9:51:46 AM    More...
Elan Corporation PLC (ELN) (JOBS), Biogen Idec, Inc. (Massachusetts) (BIIB) (JOBS) Change Tysabri Label Due to PML Risk 11/9/2009 6:57:29 AM    More...
EU Agency Reports 24th Case of Biogen Idec, Inc. (Massachusetts) (BIIB)'s (JOBS) Tysabri Infection 10/30/2009 7:11:54 AM    More...
Elan Corporation PLC (ELN) and Biogen Idec, Inc. (Massachusetts) (BIIB) Release: Subset Data from Two Randomized Phase 3 Trials Show TYSABRI Significantly Reduces Rates of Hospitalization in Patients with Moderate-to-Severe Crohn’s Disease 10/28/2009 9:47:38 AM    More...
Biogen Idec, Inc. (Massachusetts) (BIIB) (JOBS), Elan Corporation PLC (ELN) (JOBS) Shares Plummet on New Tysabri Review 10/23/2009 9:17:01 AM    More...
Biogen Idec, Inc. (Massachusetts) (BIIB) Reports Third Quarter 2009 Results 10/20/2009 9:36:00 AM    More...
Biogen Idec, Inc. (Massachusetts) (BIIB) Third-Quarter Profit Tops Expectations 10/20/2009 6:43:03 AM    More...
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