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Idec ( BIIB ) recently signed a deal to acquire privately-held biotech company, Stromedix, Inc. With this acquisition, Biogen will gain access to treatments being developed for fibrosis and organ failure. The lead candidate at Stromedix is STX-100,...
Biogen Idec has agreed to acquire five-year-old, privately-held Stromedix Inc for $75 million upfront and up to $487.5 million in milestones. But there is a twist to the buyout, as the research programme at the heart of the startup – which is also...
Biogen Idec CEO George Scangos speaks to a Reuters reporter at the company's headquarters in Weston, Massachusetts March 2, 2011. Biogen Idec Inc, which makes the multiple sclerosis drugs Tysabri and Avonex, plans to build a portfolio of products to... View Photo »
Inc. and STC Biologics, both of Cambridge, are developing biosimilars, and Quintiles Transnational Corp. , based in North Carolina and with offices in Cambridge, early last year inked a $266 million partnership with South Korea’s Samsung Group to...
Ansys, Inc. (NASDAQ: ANSS), which develops and markets engineering simulation technology, has 34% of total revenue ($660M), from the region (they report Feb. 23rd). And Biogen Idec, Inc. (NASDAQ: BIIB), a biotechnology firm, also generates 34% of their...
Biogen will pay $75 million up front, and up to $487.5 million in milestones for the company, gaining Stromedix's humanized monoclonal antibody, STX-100. There is no approved treatment for idiopathic pulmonary fibrosis, and it has a very high mortality...
Biogen Idec CEO George Scangos speaks to a Reuters reporter at the company's headquarters in Weston, Massachusetts March 2, 2011. View Photo »
Uniendo nuestras fuerzas, prevemos acelerar el desarrollo de STX-100 y de otros prometedores candidatos a fármacos en fase previa. Es un nuevo capítulo para todos nosotros en Stromedix y estamos deseando vivir un futuro brillante como parte de Biogen...
Idec Inc. , a large biotechnology company based in Weston, said it has agreed to buy Stromedix Inc. , a privately held Cambridge firm focused on therapies for fibrosis and organ failure. For more from BostonGlobe.com, sign up or log in below Access the...
Biogen Idec, Inc. (NASDAQ: BIIB) is a biotechnology company specializing in drugs for neurological disorders, autoimmune disorders and cancer. The company was formed in 2003 by the merger of Cambridge, Massachusetts-based Biogen and San Diego, California-based Idec Pharmaceuticals. Full Article
Biogen Idec CEO George Scangos speaks to a Reuters reporter at the company's headquarters in Weston, Massachusetts March 2, 2011.
View Photo »Biogen Idec CEO George Scangos speaks to a Reuters reporter at the company's headquarters in Weston, Massachusetts March 2, 2011.
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