Empresas y finanzas

Biogen Idec Announces Slate of Directors for Annual Meeting of Shareholders



    The Board of Directors of Biogen Idec (NASDAQ: BIIB) today
    announced its nominees for election at the 2008 Annual Meeting of
    shareholders.

    The Board of Directors has nominated Cecil B. Pickett, Ph.D., Lynn
    Schenk and Phillip A. Sharp, Ph.D., for re-election as directors of
    Biogen Idec. These three individuals have a proven track record of
    creating value for all Biogen Idec shareholders. In addition, the
    Board has nominated Stelios Papadopoulos, Ph.D., for election as a
    director of the Company. The Board noted that all four of these highly
    regarded and accomplished individuals are committed to building on the
    Company´s strong record of growth and delivering significant value to
    shareholders.

    Biogen Idec´s Board of Directors remains open to all opportunities
    to create value for shareholders and will continue to evaluate all the
    Company´s options as circumstances evolve. In the meantime, the Biogen
    Idec Board and management are focused on executing a comprehensive
    strategic growth plan, which does not rely on any single event or
    single approach but encompasses driving the Company´s core business

    advancing its product pipeline, attracting and retaining top talent

    maintaining discipline in its business-development efforts.

    Additional Information on Nominees

    Dr. Pickett, 62, has served as our President, Research and
    Development and as one of directors since September 2006. Prior to
    joining Biogen Idec, Dr. Pickett was President, Schering-Plough
    Research Institute from March 2002 to September 2006, and prior to
    that, he was Executive VP of Discovery Research at Schering-Plough
    Corp. from 1993 to March 2002. Dr. Pickett is a member of the
    Institute of Medicine of the National Academy of Sciences and is a
    director of Zimmer Holdings, Inc., an orthopedic device company.

    Ms. Schenk, 63, is an attorney and consultant in private practice
    with extensive public policy and business experience. She served as
    Chief of Staff to the Governor of California from January 1999 to
    November 2003. She also served as a member of the United States House
    of Representatives from 1993 to 1995, representing California´s 49th
    District. In the 103rd Congress, Ms. Schenk was on the House Energy
    and Commerce Committee, which has oversight jurisdiction for the U.S.
    Food and Drug Administration (FDA). In 1994, she was named Outstanding
    Member of Congress by the Biotechnology Industry Organization (BIO).
    From 1980 to 1983, Ms. Schenk served as the California Secretary of
    Business, Transportation and Housing. Since 1995, she has been a
    director of Biogen Idec. Ms. Schenk is also a member of the Board of
    Trustees of The Scripps Research Institute, a board member of the San
    Diego Consortium for Regenerative Medicine, and a director of Sempra
    Energy, a Fortune 500 energy services and development company.

    Dr. Sharp, 63, is Institute Professor, the highest academic rank

    at the Massachusetts Institute of Technology, a position he has held
    since 1999. He is also a faculty member in the Department of Biology
    and The Koch Institute for Integrative Cancer Research (formerly the
    Center for Cancer Research). Dr. Sharp was the founding Director of
    the McGovern Institute for Brain Research at the Massachusetts
    Institute of Technology and served in that position from 2000 to 2004.
    From 1991 to 1999, Dr. Sharp served as Salvador E. Luria Professor and
    Head of the Department of Biology, and from 1985 to 1991, he served as
    Director of the Center for Cancer Research (now the Koch Institute) at
    the Massachusetts Institute of Technology. Dr. Sharp has served as one
    of our directors since the merger in November 2003, co-founded Biogen

    Inc. in 1978, and served as a director of Biogen from 1982 until the
    merger. Dr. Sharp is also a director of Magen BioSciences, Inc. and
    director and Chairman of the Scientific Advisory Board of Alnylam
    Pharmaceuticals, Inc. Dr. Sharp is a Nobel Laureate and a recipient of
    the National Medal of Science.

    Dr. Papadopoulos, 59, retired as Vice Chairman of Cowen & Co., LLC
    in August 2006 after six years as an investment banker with the firm

    where he focused on the biotechnology and pharmaceutical sectors.
    Prior to joining Cowen & Co., he spent 13 years as an investment
    banker at PaineWebber, Inc., where he was most recently Chairman of
    PaineWebber Development Corp., a PaineWebber subsidiary focusing on
    biotechnology. Dr. Papadopoulos is affiliated with New York University
    Medical Center as an Adjunct Associate Professor of Cell Biology.
    Dr. Papadopoulos is a co-founder and Chairman of the Board of
    Exelixis, Inc., a drug discovery and development company, co-founder
    and member of the board of directors of both Anadys Pharmaceuticals

    Inc., a drug discovery and development company, and Cellzome, Inc., a
    privately held drug discovery company. He is also a member of the
    board of directors of Neuronyx, Inc. and vice-chairman of the board of
    directors of BG Medicine, Inc., both privately-held life sciences
    companies. In the not-for-profit sector, Dr. Papadopoulos is a
    co-founder and Chairman of Fondation Sante, a member of the board of
    visitors of Duke University Medical Center and a member of the board
    of directors of the National Marrow Donor Program.

    About Biogen Idec

    Biogen Idec creates new standards of care in therapeutic areas
    with high unmet medical needs. Founded in 1978, Biogen Idec is a
    global leader in the discovery, development, manufacturing and
    commercialization of innovative therapies. Patients in more than 90
    countries benefit from Biogen Idec´s significant products that address
    diseases such as lymphoma, multiple sclerosis and rheumatoid
    arthritis. For product labeling, press releases and additional
    information about the Company, please visit www.biogenidec.com.

    Important Information

    Biogen Idec and its directors, executive officers and other
    members of its management and employees may be deemed to be
    participants in the solicitation of proxies from the stockholders of
    Biogen Idec in connection with the Company´s 2008 annual meeting of
    stockholders. Information concerning the interests of participants in
    the solicitation of proxies will be included in any proxy statement
    filed by Biogen Idec in connection with the Company´s 2008 annual
    meeting of stockholders.

    In addition, Biogen Idec files annual, quarterly and special
    reports with the Securities and Exchange Commission (the "SEC"). The
    proxy statements and other reports, when available, can be obtained
    free of charge at the SEC´s web site at www.sec.gov or from Biogen
    Idec at www.biogenidec.com. Biogen Idec stockholders are advised to
    read carefully any proxy statement filed in connection with the
    Company´s 2008 annual meeting of stockholders when it becomes
    available before making any voting or investment decision. The
    Company´s proxy statement will also be available for free by writing
    to Biogen Idec Inc., 14 Cambridge Center, Cambridge, MA 02142. In
    addition, copies of the proxy materials may be requested from our
    proxy solicitor, Innisfree M&A Incorporated, by toll-free telephone at
    (877) 750-5836 or by e-mail at info@innisfreema.com.