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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, Walter Gilbert, Heinz, 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 3123 active competitors, including 1083 funded and 779 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, Sana Biotechnology and C4 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.
Social
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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
$9.68B as on Dec 31, 2024
Employee Count
1 as on Sep 30, 2024
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 12 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
1919355
Post IPO
9823002
3897112
8499556
5187097
Jul 27, 2010
4650244
Grant (prize money)
9440617
7910189
1470853
Feb 19, 1983
9987890
PE
6851454
6597810
2257964
9590318
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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 1 employees as of Sep 24. The total employee count is 50.0% lower than what it was in Sep 23. 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, Sana Biotechnology and C4 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 Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
82/100
2nd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of genetically engineered cell therapies for multiple disorders
$821M
75/100
3rd
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
74/100
4th
Logo for Juno Therapeutics
Juno Therapeutics
2013, Seattle (United States), Acquired
Global biopharmaceutical company discovering, developing, and delivering innovative medicines
$317M
74/100
5th
Logo for Blueprint Medicines
Blueprint Medicines
2008, Cambridge (United States), Acquired
Developer of selective kinase inhibitors for patients with genomically defined cancers
$115M
73/100
6th
Logo for Kronos Bio
Kronos Bio
2017, San Mateo (United States), Acquired
Developer of small molecule based therapeutics for cancer treatment
$271M
72/100
7th
Logo for Pacira
Pacira
2006, Parsippany Troy Hills (United States), Public
Developer of injectable non-opioid products for post-surgical pain control
$85M
72/100
8th
Logo for MacroGenics
MacroGenics
2000, Rockville (United States), Public
Developer of novel biologics for the treatment of autoimmune disorders, cancer and infectious disease
$126M
72/100
9th
Logo for ADMA Biologics
ADMA Biologics
2005, Ramsey (United States), Public
Biopharmaceutical company innovating plasma-derived therapeutics for immune deficiencies and infectious diseases
$17.6M
71/100
10th
Logo for Harbour BioMed
Harbour BioMed
2016, Shanghai (China), Public
Developer of antibody therapeutics in immunology and oncology disease
$313M
71/100
132nd
Logo for Biogen
Biogen
1978, Cambridge (United States), Public
Developer of therapies for neurodegenerative and immunology disorders
$80M
64/100
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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 13 companies including Apellis Pharmaceuticals and Alcyone.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 31, 2026
Acquisition
2008
Crestwood (United States)
Nov 24, 2025
Investments
San Francisco (United States)
Sep 18, 2025
Acquisition
2010
Lowell (United States)
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News related to Biogen

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Media has covered Biogen for a total of 159 events in the last 1 year, 98 of them have been about company updates and 7 about partnerships.
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FAQs about Biogen

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