Company profile for Biogen

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About

Founded in 1978 by a small group of visionary scientists, Biogen helped pioneer the biotechnology industry. Today, we are one of the oldest independent biotechnology companies in the world. For close to four decades, hundreds of thousands of people around the world living with serious illnesses have benefited from innovative and important medicines developed by the people of Biogen. We are proud of the role we have played in a...
Founded in 1978 by a small group of visionary scientists, Biogen helped pioneer the biotechnology industry. Today, we are one of the oldest independent biotechnology companies in the world. For close to four decades, hundreds of thousands of people around the world living with serious illnesses have benefited from innovative and important medicines developed by the people of Biogen. We are proud of the role we have played in advancing the field of biotechnology and helping patients — and are building on this legacy of great science and discovery as we pursue increasingly complex challenges.

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CONTACT DETAILS

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Country
Country
U.S.A
Address
Address
225 Binney Street Cambridge, MA 02142
Telephone
Telephone
+1 781-464-2000
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INTERVIEW #SpeakPharma

[Sponsored by another company]
“Translational Pharmaceutics, our flagship platform for drug development, empowers our clients with unparalleled flexibility”
This week, SpeakPharma interviews Denise Sutton, Chief Operating Officer and Site Head at Quotient Sciences’ Nottingham facility in the UK. Quotient Sciences is a drug development and manufacturing accelerator that offers the innovative Translational Pharmaceutics platform to support customers in overcoming drug development challenges. Sutton has been with the company for over 25 years. In this interview, she provides insights into the evolution of Quotient Sciences’ Nottingham facility and discusses how the organization has transformed from a small 10-bed clinic to a comprehensive drug development campus with six GMP suites. She also shares her perspective on the company’s unique approach to integrating drug development services. HIGHLIGHTS// evolution of Quotient Sciences’ Nottingham facility/ unique approach to integrating drug development services How has the Nottingham site transformed from when it was founded, to what it is today? Initially, we were a small company with fewer than 50 employees, a 10-bed clinic, and a single lab. Over 90 percent of our work focused on gamma scintigraphic imaging (a diagnostic test that creates images of the body’s internal organs and tissues using gamma rays). Due to the short half-life radionuclides we used to label dosage forms, every product we manufactured had a limited time to be dosed. At the end of 1999, we moved our headquarters to a purpose-built, two-storey facility—now known as Trent House on our now much larger Nottingham campus. We built three good manufacturing practice (GMP) suites on the top floor and three clinical wards on the bottom floor. These were very early days that marked the start of our Translational Pharmaceutics platform. We continued to expand the range of scintigraphy applications we offered in response to changing customer requirements until, in 2008, when we approached the MHRA (UK’s Medicines and Healthcare products Regulatory Agency) with a new request. We asked if it might be possible to work at the same pace as we did in our scintigraphic imaging studies, but do so for conventional drug development, without the radiolabel. We explored the application of ICH Q8 Quality by Design (QbD) guidelines to introduce a compositional design space into the CMC section of our regulatory dossier. This officially created a methodology for applying the Translational Pharmaceutics platform, and we haven't looked back since. Today, we have expanded substantially. Our Nottingham site is a campus of five buildings. We have development and analytical labs, six GMP suites, six clinical wards with a total of 85 beds (where we conduct healthy volunteer phase 1 clinical studies), and many talented colleagues covering our spectrum of CRO and CDMO services. HIGHLIGHTS// officially created a methodology for applying the Translational Pharmaceutics platform/ development and analytical labs/ six GMP suites   How is Translational Pharmaceutics applied to drug development programs? We apply Translational Pharmaceutics across three core applications: first-in-human clinical studies, drug product optimization programs through rapid formulation development and clinical testing, and as a part of human ADME (absorption, distribution, metabolism, and excretion) programs. No matter how a client chooses to work with us to apply Translational Pharmaceutics, the benefits of using a single organization and project management team to integrate services lets our clients remain in control and one step ahead of the emerging data that impacts the success of their molecule. Over all these years, our flagship Translational Pharmaceutics platform for drug development has remained unchanged in the way it empowers our customers and offers them unparalleled flexibility. HIGHLIGHTS// three core applications/ benefits of using a single organization/ clients remain in control   What would you say are the key strengths of Quotient Sciences’ Nottingham site? How do you support customer programs? Nowhere else would a single project manager oversee such a broad spectrum of activities, let alone be expected to ensure seamless, timely progression across functions that in any other company (i.e. at other CDMOs or CROs) would be delivered through multiple operating areas or through the use of a combination of third-party vendors. The project managers do face challenges. But by working with the project team, they are able to anticipate, avoid, and mitigate any impact whenever necessary. We know that time is incredibly valuable for our customers. A project Gantt chart is our project management team’s guiding light. I believe our project management team is truly world-leading – they communicate well, show great compassion, and lead with integrity. I’m super proud of our high-performing, supportive, cross-functional teams that support our customers when they trust their molecules to us, and work collaboratively to deliver the best possible service. After 25 years at Quotient, I continue to really enjoy going to work. I am indebted to various colleagues for helping me continue to feel this way. HIGHLIGHTS// project management team is truly world-leading/ high-performing, supportive, cross-functional teams/ 25 years at Quotient  

Impressions: 4916

https://www.pharmacompass.com/speak-pharma/translational-pharmaceutics-our-flagship-platform-for-drug-development-empowers-our-clients-with-unparalleled-flexibility

Radio Compass
16 Dec 2024

VLOG #PharmaReel

[Sponsored by another company]

DATA COMPILATION #PharmaFlow

[Sponsored by another company]
BMS, J&J, Bayer lead 25,000+ pharma layoffs in 2024; Amylyx, FibroGen, Kronos Bio hit by trial failures, cash crunch
Since 2022, there has been a significant surge in layoffs by pharmaceutical and biotech companies. While this trend continued into 2024, the industry showed signs of stabilization in the last four months of the year with the pace of layoffs slowing down. Nonetheless, 2024 was a challenging year. Data compiled by PharmaCompass indicates that over 25,000 layoffs were announced in 2024, driven by economic pressures, failed clinical trials, and strategic pivots. Bristol Myers Squibb and Johnson & Johnson led the layoffs with about 2,300 job cuts each. Bayer announced elimination of 1,800 positions.  View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available) US, Europe, China bear brunt of job cuts; Big Pharma hands pink slips to 10,000 Over 190 biopharma companies announced layoffs in 2024. The year began on a grim note — 27 firms announced significant job cuts in January 2024. By the yearend, Big Pharma alone had contributed more than 10,000 layoffs to the year’s total of over 25,000. Novartis announced over 1,200 job cuts in 2024. It eliminated 330 jobs after it acquired German biotech MorphoSys through the closure of sites in Munich and Boston. Similarly, Bayer announced significant reductions at its US and Swiss facilities.  North America saw increased retrenchments, especially at biotech hubs such as Boston, San Diego, and New Jersey. Massachusetts, with Boston and Cambridge as the epicenter of US biotechnology, saw around 4,000 layoffs, with companies like Relay Therapeutics, Editas Medicine, and Takeda driving the numbers. In San Diego, workforce reductions by Takeda, and Bavarian Nordic collectively resulted in over 900 job losses, significantly impacting the local biotech ecosystem. New Jersey was subject to broader restructuring efforts with BMS and Bayer contributing nearly 1,500 layoffs. The impact in Europe was equally severe. Germany, home to some of the world’s largest pharmaceutical companies, saw over 2,500 layoffs as Bayer and Boehringer Ingelheim scaled back operations. Novartis’ decision to shut down its Munich site added hundreds more to the tally. In Switzerland, Idorsia eliminated 270 positions. Dutch biotech UniQure reduced its workforce by 65 percent (around 300 jobs). That included the sale of a Massachusetts manufacturing facility to Genezen. Denmark also felt the strain, with Leo Pharma cutting 250 roles as part of a strategic revamp. China emerged as another focal point of workforce reductions in 2024. Global pharmaceutical giants, such as Merck and Johnson & Johnson, restructured their operations in response to market complexities in the region. Local companies such as Connect Biopharma, which is transitioning to a US-focused company, also scaled back their presence in the country.  View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available)  Amylyx, FibroGen, Lyra, Athira drastically reduce staff over setbacks in clinical trials Clinical trial failures were one of the most significant drivers of layoffs in 2024. For instance, Amylyx Pharmaceuticals faced a devastating blow when its amyotrophic lateral sclerosis (ALS) therapy, Relyvrio, failed a confirmatory trial. This led to a 70 percent reduction in its workforce, leaving only 100 employees from the 384 full-time staff reported at the end of 2023. The company’s decision to pull the therapy from the market compounded the layoffs. BioMarin Pharmaceutical had to reduce its workforce, as it streamlined its pipeline in response to trial challenges. In August, the company announced a reduction of 225 employees, citing “organizational redesign efforts”. These layoffs followed 170 redundancies announced earlier in May. FibroGen, once considered a leader in oncology drug development, was among the most heavily impacted. The high-profile failure of its anti-CTGF antibody in two late-stage cancer trials led to the discontinuation of its lead candidate, resulting in a 75 percent reduction in its US workforce. Lyra Therapeutics also implemented a 75 percent workforce reduction, affecting 87 employees, after its chronic rhinosinusitis program struggled. Similarly, Athira Pharma cut 70 percent of its team after its Alzheimer’s candidate failed a phase 2/3 trial.  View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available)  Cash crunch, mergers compel Kronos Bio, Editas, Vincerx, Gilead to downsize In addition to clinical failures, funding constraints played a pivotal role in reshaping the biotech landscape. Kronos Bio stood out as one of the hardest-hit firms, cutting 21 percent and 83 percent of its existing workforce in March and November, respectively, as it sought to divest assets and conserve cash. Editas Medicine’s inability to secure partnerships for its sickle cell program forced the company to revert to preclinical research, resulting in a 65 percent workforce reduction. The trend of scaling back R&D pipelines was particularly evident among biotechs struggling to advance preclinical programs to clinical trials. Boundless Bio and Senti Bio exemplified this, choosing to focus on a handful of promising candidates, while reducing discovery efforts. Consolidation often results in overlapping roles, leading to inevitable workforce reductions. Apart from the MorphoSys layoffs by Novartis, Vincerx Pharma faced job losses after it got acquired by Oqory (a clinical-stage ADC company). Vincerx had to cut its workforce by 55 percent.  Amid ongoing reorganization efforts, Gilead closed its Seattle, Washington (US), office and laid off 72 employees of its subsidiary Kite Pharma. Gilead also announced that its Kite facility in Philadelphia, Pennsylvania (US), would close by mid-2025. That was followed by 104 additional layoffs at its California headquarters. In April, it had cut 58 jobs in California. Gilead also announced that its Kite facility in Philadelphia would close by mid-2025. Vir Biotechnology reduced its workforce by 25 percent (i.e. 140 layoffs) to focus on its hepatitis program, and GlycoMimetics let go of 80 percent of its workforce after the FDA demanded an additional clinical trial for its leukemia treatment. Meanwhile, Lexicon Pharmaceuticals reduced its workforce by 60 percent after it stopped commercial operations and transitioned back to being a clinical stage company.  View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available)  Our view It takes decades to build innovation ecosystems. The concentration of layoffs in major biotech hubs has raised concerns about the potential long-term impact on these ecosystems. In 2025, the key challenge will be to maintain the momentum of innovation, as organizations operate with a leaner workforce and a more focused pipeline.  

Impressions: 4560

https://www.pharmacompass.com/radio-compass-blog/bms-j-j-bayer-lead-25-000-pharma-layoffs-in-2024-amylyx-fibrogen-kronos-bio-hit-by-trial-failures-cash-crunch

#PharmaFlow by PHARMACOMPASS
16 Jan 2025

NEWS #PharmaBuzz

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https://www.reuters.com/business/healthcare-pharmaceuticals/biogen-ceo-sees-no-burning-need-more-acquisitions-2025-01-14/

REUTERS
15 Jan 2025

https://www.prnewswire.com/news-releases/fda-accepts-biologics-license-application-for-subcutaneous-maintenance-dosing-of-leqembi-lecanemab-irmb-in-the-us-302349896.html

PR NEWSWIRE
13 Jan 2025

https://www.reuters.com/markets/deals/biogen-proposes-buy-remaining-stake-sage-442-million-deal-2025-01-10/

REUTERS
11 Jan 2025

https://www.businesswire.com/news/home/20241212041199/en

BUSINESSWIRE
12 Dec 2024

https://www.prnewswire.com/news-releases/chung-ang-university-researchers-unveil-the-biogenesis-and-role-of-transfer-rna-fragments-in-cancer-progression-302329032.html

PR NEWSWIRE
12 Dec 2024

https://www.reuters.com/business/healthcare-pharmaceuticals/private-medicare-plans-must-cover-biogens-als-drug-us-agency-says-2024-12-12/

REUTERS
12 Dec 2024

Drugs in Development

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Details:

Opuviz (aflibercept) is a vascular endothelial growth factor (VEGF) inhibitor indicated for the treatment of patients with Neovascular (Wet) Age-Related Macular Degeneration


Lead Product(s): Aflibercept

Therapeutic Area: Ophthalmology Brand Name: Opuviz

Study Phase: ApprovedProduct Type: Large molecule

Recipient: Samsung Bioepis

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 18, 2024

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Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : Opuviz (aflibercept) is a vascular endothelial growth factor (VEGF) inhibitor indicated for the treatment of patients with Neovascular (Wet) Age-Related Macular Degeneration

Brand Name : Opuviz

Molecule Type : Large molecule

Upfront Cash : Not Applicable

November 18, 2024

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Details:

Leqembi (lecanemab) selectively binds to soluble Aβ aggregates (protofibrils), as well as insoluble amyloid beta aggregates (fibrils) which are a major component of amyloid beta plaques in AD.


Lead Product(s): Lecanemab

Therapeutic Area: Neurology Brand Name: Leqembi

Study Phase: ApprovedProduct Type: Large molecule

Recipient: Eisai

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 14, 2024

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Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : Leqembi (lecanemab) selectively binds to soluble Aβ aggregates (protofibrils), as well as insoluble amyloid beta aggregates (fibrils) which are a major component of amyloid beta plaques in AD.

Brand Name : Leqembi

Molecule Type : Large molecule

Upfront Cash : Not Applicable

November 14, 2024

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Details:

The collaboration aims to leverage Neomorph's proprietary molecular glue discovery platform to expedite the identification and validation of new small-molecule therapeutics for Alzheimer’s disease.


Lead Product(s): Molecular Glue Degrader-based Therapy

Therapeutic Area: Neurology Brand Name: Undisclosed

Study Phase: Discovery PlatformProduct Type: Small molecule

Recipient: Neomorph

Deal Size: $1,450.0 million Upfront Cash: Undisclosed

Deal Type: Collaboration October 29, 2024

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Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Details : The collaboration aims to leverage Neomorph's proprietary molecular glue discovery platform to expedite the identification and validation of new small-molecule therapeutics for Alzheimer’s disease.

Brand Name : Undisclosed

Molecule Type : Small molecule

Upfront Cash : Undisclosed

October 29, 2024

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Details:

MOR202 (felzartamab) is an investigational monoclonal antibody designed to specifically target and deplete CD38+ cells. It is being evaluated for late AMR in kidney transplant recipients.


Lead Product(s): Felzartamab

Therapeutic Area: Immunology Brand Name: MOR202

Study Phase: Phase IIProduct Type: Large molecule

Sponsor: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 09, 2024

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Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Lead Product(s) : Felzartamab

Therapeutic Area : Immunology

Highest Development Status : Phase II

Partner/Sponsor/Collaborator : Not Applicable

Deal Size : Not Applicable

Deal Type : Not Applicable

Details : MOR202 (felzartamab) is an investigational monoclonal antibody designed to specifically target and deplete CD38+ cells. It is being evaluated for late AMR in kidney transplant recipients.

Brand Name : MOR202

Molecule Type : Large molecule

Upfront Cash : Not Applicable

October 09, 2024

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Details:

Spinraza (nusinersen) is a survival motor neuron-2 (SMN2)-directed antisense oligonucleotide indicated for the treatment of spinal muscular atrophy (SMA) in pediatric and Toddlers.


Lead Product(s): Nusinersen Sodium

Therapeutic Area: Genetic Disease Brand Name: Spinraza

Study Phase: Phase II/ Phase IIIProduct Type: Large molecule

Sponsor: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 09, 2024

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Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : Spinraza (nusinersen) is a survival motor neuron-2 (SMN2)-directed antisense oligonucleotide indicated for the treatment of spinal muscular atrophy (SMA) in pediatric and Toddlers.

Brand Name : Spinraza

Molecule Type : Large molecule

Upfront Cash : Not Applicable

October 09, 2024

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Details:

Following the termination of the agreement, Sage will regain full ownership of the SAGE-324 from Biogen. This asset is being evaluated for the treatment of patients with essential tremors.


Lead Product(s): SAGE-324

Therapeutic Area: Neurology Brand Name: SAGE-324

Study Phase: Phase II/ Phase IIIProduct Type: Small molecule

Recipient: Sage Therapeutics

Deal Size: $1,525.0 million Upfront Cash: $1,525.0 million

Deal Type: Termination September 26, 2024

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Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : Following the termination of the agreement, Sage will regain full ownership of the SAGE-324 from Biogen. This asset is being evaluated for the treatment of patients with essential tremors.

Brand Name : SAGE-324

Molecule Type : Small molecule

Upfront Cash : $1,525.0 million

September 26, 2024

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Details:

CDP7657 (dapirolizumab pegol), a novel Fc-free anti-CD40L drug candidate, investigated in people living with moderate-to-severe systemic lupus erythematosus (SLE).


Lead Product(s): Dapirolizumab Pegol

Therapeutic Area: Immunology Brand Name: CDP7657

Study Phase: Phase IIIProduct Type: Large molecule

Recipient: UCB Pharma S.A

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 24, 2024

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Biogen

U.S.A
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BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : CDP7657 (dapirolizumab pegol), a novel Fc-free anti-CD40L drug candidate, investigated in people living with moderate-to-severe systemic lupus erythematosus (SLE).

Brand Name : CDP7657

Molecule Type : Large molecule

Upfront Cash : Not Applicable

September 24, 2024

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Details:

Opuviz (aflibercept) is a vascular endothelial growth factor (VEGF) inhibitor indicated for the treatment of patients with Neovascular (Wet) Age-Related Macular Degeneration


Lead Product(s): Aflibercept

Therapeutic Area: Ophthalmology Brand Name: Opuviz

Study Phase: ApprovedProduct Type: Large molecule

Recipient: Samsung Bioepis

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 20, 2024

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Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : Opuviz (aflibercept) is a vascular endothelial growth factor (VEGF) inhibitor indicated for the treatment of patients with Neovascular (Wet) Age-Related Macular Degeneration

Brand Name : Opuviz

Molecule Type : Large molecule

Upfront Cash : Not Applicable

September 20, 2024

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Details:

The collaboration aims to investigate the use of C4T’s novel protein degradation platform to discover and develop potential new treatments for Alzheimer’s & Parkinson’s disease.


Lead Product(s): Undisclosed

Therapeutic Area: Neurology Brand Name: Undisclosed

Study Phase: DiscoveryProduct Type: Undisclosed

Recipient: C4 Therapeutics

Deal Size: $415.0 million Upfront Cash: Undisclosed

Deal Type: Collaboration September 10, 2024

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Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : The collaboration aims to investigate the use of C4T’s novel protein degradation platform to discover and develop potential new treatments for Alzheimer’s & Parkinson’s disease.

Brand Name : Undisclosed

Molecule Type : Undisclosed

Upfront Cash : Undisclosed

September 10, 2024

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Details:

Lantesens (nusinersen) is a generic of Spinraza, which is SMN2-directed antisense oligonucleotide investigated for the treatment of spinal muscular atrophy (SMA) in pediatrics.


Lead Product(s): Nusinersen Sodium

Therapeutic Area: Genetic Disease Brand Name: Spinraza

Study Phase: Phase II/ Phase IIIProduct Type: Large molecule

Sponsor: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 04, 2024

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Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Biogen

U.S.A
arrow
BIO Partnering at JPM
Not Confirmed

Details : Lantesens (nusinersen) is a generic of Spinraza, which is SMN2-directed antisense oligonucleotide investigated for the treatment of spinal muscular atrophy (SMA) in pediatrics.

Brand Name : Spinraza

Molecule Type : Large molecule

Upfront Cash : Not Applicable

September 04, 2024

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