William D. Young to Become Chairman of Biogen Idec, Inc. (Massachusetts)

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Biogen Idec (NASDAQ:BIIB) today announced that William D. Young will become Chairman of the Company’s Board of Directors, effective January 1, 2010. The appointment follows the decision by Bruce R. Ross, 68, the Company’s Chairman since December 2005, to step down as Chairman, effective January 1, 2010. Mr. Ross will complete his current term as Director and will retire from the Board at the Company’s 2010 Annual Shareholder Meeting.

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