What happened to IDEC Pharmaceuticals?

The pharmaceutical company merger spree has produced corporate names like GlaxoSmithKline and AstraZeneca. Now the biotechnology industry is getting its own combination nameplate — Biogen Idec.

Is Biogen in San Diego?

SAN DIEGO — Biogen announced today it would close its San Diego facility and eliminate more than 300 local jobs. About 75 people from the San Diego facility have been offered jobs at other Biogen facilities out of state, but the remaining 225 employees will be laid off by January 10th.

Where is Biogen San Diego?

BIOGEN IDEC – 5200 Research Pl, San Diego, CA – Phone Number – Yelp.

Is Biogen part of Roche?

& SOUTH SAN FRANCISCO–(BUSINESS WIRE)–Biogen Idec (Nasdaq: BIIB) and Genentech, Inc. a wholly owned member of the Roche Group (SIX: RO, ROG; OTCQX: RHHBY) today announced that they have agreed to amend their collaboration on antibodies targeting CD20.

What was Biogen’s first drug?

Aducanumab — developed by biotechnology company Biogen in Cambridge, Massachusetts — is the first approved drug that attempts to treat a possible cause of the neurodegenerative disease, rather than just the symptoms. But the approval has sparked a contentious debate over whether the drug is effective.

Who is Biogen owned by?


Formerly Biogen Idec Inc. (2003–2015)
Founders Kenneth Murray Phillip Allen Sharp Walter Gilbert Heinz Schaller Charles Weissmann
Headquarters Cambridge, Massachusetts, U.S.
Key people Stelios Papadopoulos (Chairman) Michel Vounatsos (CEO)
Products Avonex, Fampyra, Plegridy, Tecfidera, Tysabri, Spinraza

Will aducanumab be approved?

On June 7, 2021, the US Food and Drug Administration (FDA) approved aducanumab (Aduhelm; Biogen Inc), the first new drug for the treatment of Alzheimer disease in 2 decades.

What is Biogen known for?

Biogen specializes in therapies for neurological and neurodegenerative diseases. Biogen is a biotechnology company that makes only a handful of advanced drugs to treat patients with neurological diseases. More than half of Biogen’s revenues come from its drugs used to treat multiple sclerosis (MS).

What does Biogen stand for?

: a hypothetical ultimate living unit of which cells are built up : biophore.

When was Biogen Idec built in San Diego?

Biogen Idec signed a 15-month lease with Alexandria, which gives the company until December 2012 to vacate the property, said Joel Marcus, chief executive of the real estate investment trust. The complex was built in 2005 for $170 million to consolidate Idec’s local operations, according to the design and construction consulting firm Tradeline.

What do you need to know about Biogen Idec?

Biogen and Eisai receive FDA accelerated approval for a new therapy targeting amyloid beta plaque. You are now leaving Biogen’s corporate website. We encourage you to read and evaluate terms of use, privacy, security and other similar policies of the destination site as they may differ from Biogen’s standards.

Where does Genentech make Avastin in San Diego?

The New Idec Manufacturing Operation (NIMO) at Oceanside, San Diego, was completed by Biogen Idec in 2005 and sold to Genentech later that year. Following FDA approval, Genentech will manufacture its colon cancer drug, Avastin, at Oceanside. Avastin (white monoclonal antibody) acting upon cancerous cells.

Where is the Genentech manufacturing facility in San Diego?

The NIMO (New Idec Manufacturing Operation) in Oceanside, San Diego, was originally built by Idec as the company wanted to have independent production capacity.