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Biogen Opts To Retain Biosimilars Business

After Strategic Review, Firm Decides To ‘Optimize’ Its Interests In Biosimilars

 
• By Dave Wallace

Following a “comprehensive review” of its biosimilars business – including exploring options to sell the unit – Biogen has decided to retain it after all, and is instead planning to “optimize the business with an aim to maximize profitability.”

Gloved hands holding syringe and vial with Biogen label
Biogen is holding on to its biosimilars interests • Source: Shutterstock

After more than a year of deliberation over the future of its biosimilars business, Biogen has opted to retain the unit after all, pledging instead to “optimize the business with an aim to maximize profitability.”

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