BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Biogen Idec, Inc. (Massachusetts) (BIIB) Taps Papadopoulos As Its Chairman, Replacing Young


2/17/2014 6:19:51 AM

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

William D. Young To Retire From Biogen Idec’s Board of Directors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Biogen Idec (NASDAQ: BIIB) announced today that Chairman of the Board William D. (Bill) Young will retire from the Company’s Board of Directors, effective at the Company’s 2014 annual meeting of stockholders. Mr. Young has been a member of Biogen Idec’s Board of Directors since 1997 and has served as Chairman of the Board since 2010.

“Bill’s leadership and dedication to Biogen Idec cannot be overstated. The integrity and determination that he brought to this organization serve as a benchmark for future leaders to follow,” said George A. Scangos, Ph.D., chief executive officer of Biogen Idec. “On behalf of the Board of Directors and Biogen Idec, I would like to thank Bill for his long-standing service and wish him the best for the future.”

Reflecting on his years on the Biogen Idec Board, Mr. Young said: “I want to thank the employees of Biogen Idec, whose dedication to science and devotion to the mission have made a tremendous impact on the lives of the patients we serve. I expect a very bright future for Biogen Idec as this mission continues.”

Stelios Papadopoulos, Ph.D., a member of Biogen Idec’s Board of Directors since 2008, has been appointed to assume the role of Chairman of the Board following the end of Mr. Young’s term. Dr. Papadopoulos is the former Vice Chairman of Cowen & Co. LLC and is the current Chairman of the Board at Exelixis, Inc., a drug discovery company that he cofounded in 1994, and at Regulus Therapeutics, Inc. Dr. Papadopoulos is also currently a member of the Board of Directors of BG Medicine, Inc.

“Bill took over as chairman at a difficult time for the company, went on to unify the Board, spearheaded the recruitment of a new management team and presided over a time of unprecedented growth for the company. His record will be hard to match,” said Dr. Papadopoulos

About Biogen Idec

Through cutting-edge science and medicine, Biogen Idec discovers, develops and delivers to patients worldwide innovative therapies for the treatment of neurodegenerative diseases, hemophilia and autoimmune disorders. Founded in 1978, Biogen Idec is the world’s oldest independent biotechnology company. Patients worldwide benefit from its leading multiple sclerosis therapies. For product labeling, press releases and additional information about the Company, please visit www.biogenidec.com.

Contacts

Biogen Idec
Kate Niazi-Sai, +1-781-464-3260
public.affairs@biogenidec.com
or
Claudine Prowse, Ph.D., +1-781-464-2442
IR@biogenidec.com

Help employers find you! Check out all the jobs and post your resume.


Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES