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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, Charles Weissmann, Heinz, Walter Gilbert and Kenneth Murray. It operates as a Developer of therapies for neurodegenerative and immunology disorders. Biogen has raised $80M in funding. The company has 3221 active competitors, including 1098 funded and 803 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, PTC Therapeutics and Abcellera Biologics.

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
7,805 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Biogen's IPO details

Biogen got listed on Sep 16, 1991.
Click here to take a look at Biogen's IPO in detail
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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
2096339
Post IPO
6957761
7144022
3615012
5870679
Jul 27, 2010
2525759
Grant (prize money)
3748511
9697858
8045721
Feb 19, 1983
8177108
PE
8182539
2978436
7565030
6664156
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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 7,805 employees as of Jul 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 Jazz Pharmaceuticals, PTC Therapeutics and Abcellera Biologics. 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 Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
82/100
2nd
Logo for Biogen
Biogen
1978, Cambridge (United States), Public
Developer of therapies for neurodegenerative and immunology disorders
$80M
78/100
3rd
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
4th
Logo for Abcellera Biologics
Abcellera Biologics
2012, Vancouver (Canada), Public
AI-enabled platform for antibodies discovery
$115M
76/100
5th
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
75/100
6th
Logo for argenx
argenx
2008, Ghent (Belgium), Public
Developer of antibody-based drugs to treat autoimmune diseases and cancer
$61.9M
74/100
7th
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
72/100
8th
Developer of antibody-based therapeutics for cancer therapy
$175M
72/100
9th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
10th
Logo for Karyopharm
Karyopharm
2008, Newton (United States), Public
Biopharmaceutical company focused on developing and commercializing innovative cancer therapies
$98.4M
71/100
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Biogen's Investments and acquisitions

Biogen has made 29 investments in companies including Dayra Therapeutics and Autobahn Therapeutics. Biogen has also acquired 11 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
Jun 17, 2026
Acquisition
2023
San Diego (United States)
Mar 31, 2026
Acquisition
2008
Crestwood (United States)
Nov 24, 2025
Investments
San Francisco (United States)
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Reports related to Biogen

Here is the latest report on Biogen's geography:

News related to Biogen

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Media has covered Biogen for a total of 145 events in the last 1 year, 73 of them have been about company updates and 7 about partnerships.
Biogen Completes RayThera AcquisitionContract PharmaAug 07, 2026Biogen, RayThera
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