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Business
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Number of pages / Number of words: |
27 / 7554 |
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Biogen produces Avonex for the treatment of relapsing forms of Multiple Sclerosis. The company's research and development activities are focused on products to treat inflammatory and autoimmune diseases, neurological diseases, cancer, fibrosis and congestive heart failure. Biogen currently employs more than 1,500 people worldwide...
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Biogen currently employs more than 1,500 people worldwide. In 2000, the total revenues for Biogen were $926.5 million. The revenues from the sale of Avonex were $761.1 million or approximately 82% of total revenues.
Competitive Analysis
Dominant Economic Features
The biotechnology industry is characterized by extremely high capital requirements as well as high research and development costs...
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General points of the essay
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