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Biogen - About the company

Biogen is a public company based in Cambridge (United States), founded in 1978 by Phillip Allen Sharp, Heinz, Walter Gilbert, Kenneth Murray and Charles Weissmann. It operates as a Developer of therapies for neurodegenerative and immunology disorders. Biogen has raised $80M in funding. The company has 3333 active competitors, including 1097 funded and 813 that have exited. Its top competitors include companies like BeiGene, Jazz Pharmaceuticals and PTC Therapeutics.

Company Details

Developer of therapies for neurodegenerative and immunology disorders. The company has developed a pipeline of drugs for Alzheimer's disease Amyotrophic lateral sclerosis (ALS), Angelman syndrome, Brain contusion, Multiple sclerosis (MS), Multiple system atrophy (MSA), Ophthalmology, Pain, and more.
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Email ID
*****@biogen.com
Phone Number
+1 **********
Registered Address
Cambridge, Massachusetts
Key Metrics
Founded Year
1978
Location
Cambridge, United States
Stage
Public
Total Funding
$80M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
7,853 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Biogen's IPO details

Biogen got listed on Sep 16, 1991.
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Biogen's funding and investors

Biogen has raised a total funding of $80M over 3 rounds. Its first funding round was on Feb 19, 1983. Its latest funding round was a Post IPO round on Feb 13, 2024 for $*****. 1 investor participated in its latest round. Biogen has 13 institutional investors.

Here is the list of recent funding rounds of Biogen:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 13, 2024
8343516
Post IPO
5164167
9964787
5887959
6776071
Jul 27, 2010
8030237
Grant (prize money)
6539635
7305140
1791041
Feb 19, 1983
6496286
PE
2218736
7610242
1227651
1332004
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Biogen's founders and board of directors

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Here are the details of Biogen's key team members:

Biogen's employee count trend

Biogen has 7,853 employees as of Sep 26. Here is Biogen's employee count trend over the years:
Employee count trend for Biogen
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Biogen's Competitors and alternates

Top competitors of Biogen include BeiGene, Jazz Pharmaceuticals and PTC Therapeutics. Here is the list of Top 10 competitors of Biogen, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
81/100
2nd
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
81/100
3rd
Logo for Biogen
Biogen
1978, Cambridge (United States), Public
Developer of therapies for neurodegenerative and immunology disorders
$80M
78/100
4th
Logo for PTC Therapeutics
PTC Therapeutics
1998, South Plainfield (United States), Public
Developer of small molecule drugs for the treatment of rare diseases
$248M
77/100
5th
Logo for argenx
argenx
2008, Ghent (Belgium), Public
Developer of antibody-based drugs to treat autoimmune diseases and cancer
$61.9M
76/100
6th
Logo for Tango Therapeutics
Tango Therapeutics
2017, Cambridge (United States), Public
Developer of drugs for the treatment of cancer
$165M
72/100
7th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
8th
Logo for Elicio
Elicio
2012, Cambridge (United States), Public
Developer of vaccines for treating cancer
$47.4M
72/100
9th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
71/100
10th
Logo for Abcellera Biologics
Abcellera Biologics
2012, Vancouver (Canada), Public
AI-enabled platform for antibodies discovery
$115M
71/100
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Biogen's Investments and acquisitions

Biogen has made 30 investments in companies including Altay Therapeutics and Dayra Therapeutics. Biogen has also acquired 13 companies including RayThera and Apellis Pharmaceuticals.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 17, 2026
Investments
2019
San Francisco (United States)
Jun 17, 2026
Acquisition
2023
San Diego (United States)
Mar 31, 2026
Acquisition
2008
Crestwood (United States)
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Reports related to Biogen

Here is the latest report on Biogen's sector:

News related to Biogen

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Media has covered Biogen for a total of 129 events in the last 1 year, 65 of them have been about company updates and 7 about partnerships.
•
Biogen Selects Veeva Vault CRM WorldwidePR Newswire•Aug 26, 2026•Biogen, Veeva Systems
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