Biogen - M&A Summary and Business Overview

Life ScienceCompany

Biogen M&A Summary

Biogen has acquired 9 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Biogen’s largest acquisition to date was in 2023, when it acquired Reata Pharmaceuticals for $7.3B. It’s largest disclosed sale occurred in 2019, when it sold Biogen - Biologics Manufacturing Site to FUJIFILM Holdings for $890M. Biogen has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include life science (100%).

Biogen Business Overview

Where is Biogen headquartered?

Biogen is headquartered in Cambridge, Massachusetts.

What is Biogen’s revenue?

Biogen disclosed revenue of 10,982M USD for 2021 and 13,445M USD for 2020.

How many employees does Biogen have?

Biogen has 9,610 employees.

What sector is Biogen in?

Biogen is a life science company.

When was Biogen founded?

Biogen was founded in 1978.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity8
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 5
  • M&A Advisors 4

Biogen

Biogen, Inc.

225 Binney Street,
Cambridge, Massachusetts 02142
United States,
(617) 679-2000
www.biogen.com

Biogen is a global biopharmaceutical company focused on discovering, developing and delivering worldwide therapies for people living with serious neurological and neurodegenerative diseases as well as related therapeutic adjacencies. Biogen was incorporated in 1978 and is based in Cambridge, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 6 1 - - 1 - 8
vol $6.2B $75M $7.3B $13.6B
Sell (0.0/yr) # 1 - - - - - 1
vol $890M $890M
  9

Most Recent M&A

Company Date Value Type
Reata Pharmaceuticals, Inc. 2023-07-28 7.3B USD Add-on Acquisition
Plano, Texas · www.reatapharma.com
Pfizer, Inc. - CK 1 Business 2020-01-13 75M USD Divestiture
New York, New York
Biogen, Inc. - Biologics Manufacturing Site 2019-03-12 890M USD Divestiture
Hillerød, Denmark
Nightstar Therapeutics plc 2019-03-04 877M USD Add-on Acquisition
London, United Kingdom · www.nightstartx.com
Convergence Pharmaceuticals Ltd. 2015-01-11 675M USD Add-on Acquisition
Cambridge, United Kingdom · www.convergencepharma.com
TYSABRI 2013-02-06 3.3B USD Divestiture
, United States · www.tysabri.com
Stromedix, Inc. 2012-02-14 562M USD Add-on Acquisition
Cambridge, Massachusetts · www.stromedix.com
Syntonix Pharmaceuticals, Inc. 2007-02-01 120M USD Add-on Acquisition
Waltham, Massachusetts · www.syntnx.com
Fumapharm AG 2006-05-31 761M USD Add-on Acquisition
Luzern, Switzerland · www.fumapharm.ch
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Life Science 8 (100%) 13.6B (100%) 1 (100%) 890M (100%)
Total 8 $13.6B 1 $890M

By Geo

State/Country Buy Value Sell Value
United States 5 11.3B - -
  Massachusetts 2 682M - -
  Texas 1 7.3B - -
  New York 1 75M - -
United Kingdom 2 1.6B - -
Denmark - - 1 890M
Switzerland 1 761M - -
Domestic 5 (63%) 11.3B (83%) - -
Cross-border 3 (38%) 2.3B (17%) 1 (100%) 890M (100%)
Total 8 $13.6B 1 $890M

Top M&A Advisors

Financial Deals
Lazard Ltd.
1
Centerview Partners
1
Legal Deals
Cravath, Swaine & Moore
1
Ropes & Gray
1

Deal Values

buy # Total
> $1B 2 $10.6B
$100M to $1B 5 $3.0B
< $100M 1 $75M
TOTAL $13.6B
Largest Reata Pharmaceuticals, Inc.
$7.3B (2023-07-28)
sell # Total
$100M to $1B 1 $890M
TOTAL $890M
Largest Biogen, Inc. - Biologics Manufacturing Site
$890M (2019-03-12)

M&A Connections

Deals
Acquired from
Investor(s)
13%
1 (13%)
Strategic(s)
25%
2 (25%)
Divested to
Strategic(s)
100%
1 (100%)

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