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General Information

Websitebiogenidec.com
Phone617-679-2000
Employees
Founded1978

Funds

Offices

Corporate Headquarters
14 Cambridge Center
Cambridge, MA, 02142
USA

People

Chairman
President and Chief Executive Officer

Tags

Biogen Idec

Biogen Idec creates new standards of care in therapeutic areas with high unmet medical needs. Founded in 1978, Biogen Idec is a global leader in the discovery, development, manufacturing and commercialization of innovative therapies. Patients in more than 90 countries benefit from Biogen Idec’s significant products that address diseases such as multiple sclerosis (MS), lymphoma and rheumatoid arthritis. In 2008, Biogen Idec’s total revenues grew 29 percent over 2007 to $4.1 billion.

Milestones

  • Dollar
    Biogen Idec invested in iPierian. (9/9/10)
    Posted 7/8/10 at 7:02pm via dowjones.com
  • Dollar
    Biogen Idec invested in Raven Biotechnologies. (10/12/05)
    Posted 7/1/10 at 3:44am via freshnews.com
  • Dollar
    Biogen Idec invested in Provasculon. (3/24/08)
    Posted 12/18/09 at 3:24am via partners.org
  • Dollar
    Biogen Idec invested in Virdante Pharmaceuticals. (11/25/09)
    Posted 10/29/09 at 6:27pm via onbiovc.com
  • Dollar
    Biogen Idec invested in Intellikine. (7/22/09)
    Posted 7/28/09 at 1:25pm via onbiovc.com
  • Dollar
    Biogen Idec invested in CalciMedica. (1/4/09)
    Posted 6/15/09 at 7:24pm via onbiovc.com
  • Check
    Biogen Idec — Biogen Idec Fully Acquires Biogen Dompé Joint Ventures (9/6/11)
    Posted 9/6/11 at 7:32pm via yahoo.com
  • Check
    Biogen Idec — has bought a subsidiary of Swiss firm Neurimmune Holding AG in a move that will give Biogen potential treatments for neurodegenerative disease like Parkinson’s disease, at a total potential cost of $427 million (12/21/10)
    Posted 12/21/10 at 7:08am via masshightech.com
  • Check
    Biogen Idec — has awarded 12 fellowships to universities and medical centers researching multiple sclerosis, as part of a program the company started in 2006 to further education in the therapeutic area that forms the core of Biogen’s business. (12/7/10)
    Posted 12/8/10 at 8:47am via masshightech.com
  • Check
    Biogen Idec — announced it will cut its work force by 13 percent, closing a site in San Diego and consolidating sites in Eastern Massachusetts into the large sites in Weston and Cambridge (11/3/10)
    Posted 11/4/10 at 6:22am via masshightech.com
  • Check
    Biogen Idec — Biogen Idec Inc. is reporting that revenues were $1.2 billion in the third quarter of 2010, up 5 percent from revenue of $801.7 million for the corresponding period last year (10/26/10)
    Posted 10/27/10 at 3:14am via masshightech.com
  • Check
    Biogen Idec — Biogen CEO calls it quits after 7 turbulent years (1/5/10)
    Posted 1/6/10 at 3:38am via fiercebiotech.com

Investments

Company Date Round Size Participants
iPierian 9/10Series B$28M8
Virdante Pharmaceuticals 11/09Series A$30M6
Intellikine 7/09Series B$51M6
CalciMedica 1/09Series C$4M3
Provasculon 3/08Series A$6M2
Raven Biotechnologies 10/05Series D$48.3M12

Videos

Sources

    Biogen CEO calls it quits after 7 turbulent years (fiercebiotech.com) [edit]
    Biogen revenue boosted by MS drugs (masshightech.com) [edit]
    Biogen to cut work force by 13 percent (masshightech.com) [edit]
    Biogen grows MS fellowship program (masshightech.com) [edit]
    Biogen buys Neurimmune unit for up to $427M (masshightech.com) [edit]
    Biogen Idec Fully Acquires Biogen Dompé Joint Ventures (finance.yahoo.com) [edit]
  1. IPierian Announces Second Close Of Series B Financing At $28M (fis.dowjones.com) [edit]
  2. Virdante Pharmaceuticals, Inc.: Series A $30M (onbiovc.com) [edit]
  3. Intellikine, Inc.: Series B $51M (onbiovc.com) [edit]
  4. CalciMedica, Inc.: Series C $4M (onbiovc.com) [edit]
  5. Provasculon launches with $6M and new home at Biogen incubator (partners.org) [edit]
  6. RAVEN BIOTECHNOLOGIES INC. RAISES $48.3 MILLION IN SERIES D FINANCING (freshnews.com) [edit]
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Last Edited 9/6/11

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