At Biogen Idec, we are driven to create new standards in human healthcare. In our effort to achieve this ideal we recognize the need to enhance our own innovative research and development activities with collaborative, long-term partnerships.
Successful partnerships are the reason Biogen Idec is a leader in biotechnology. As we look toward the future, we are actively seeking alliance opportunities in specialty markets, especially in our core therapeutic areas in neurology, oncology, immunology, rheumatology and cardiovascular. We are interested in leveraging our broad expertise in biologics and expanding our capabilities in small molecules.
We know what it takes to make relationships succeed: respect, trust, and flexibility around each partner’s interests. We believe that our partners enjoy the best of both worlds: the resources and expertise of a large organization coupled with the speed and agility of an entrepreneurial collaborator.
Biogen Idec Program Executives and Managers, typically drawn from our Program and Alliance Management department, provide leadership and management expertise to cross-functional product teams. We draw from a pool of talented professionals with years of drug development expertise to identify the appropriate individuals to manage specific collaborations.
We apply a cross-functional, collaborative approach to all our alliances, but are flexible to accommodate a variety of governance structures. In typical co-development deals, we organize Joint Program Teams that are led by program directors from Biogen Idec and our partner. The Joint Program Team reports to a Joint Steering Committee, composed of senior executives from Biogen Idec and our partner who typically meet on a quarterly basis to review the product development strategy and program progress. Regular meetings assure that your partnership gets the visibility and priority it deserves.
Program and Alliance Management gets involved early in the deal process and takes an operational role during due diligence. Early involvement ensures a smooth transition between the final contract signing and the beginning of partnered activities, and results in a set of clear, early accomplishments for the joint program team – a key to future success.