The Biogen Inc. (Nasdaq: BIIB) Board of Directors (the “Board”)
today announced the appointments of two new independent directors,
Lloyd B. Minor, M.D., effective October 1, 2024, and Sir Menelas
(Mene) Pangalos, Ph.D., effective January 1, 2025. Dr. Minor is
currently the Dean of the Stanford University School of Medicine
and Vice President for Medical Affairs at Stanford University, and
Prof Sir Pangalos was most recently Executive Vice President of
Biopharmaceuticals R&D at AstraZeneca until his retirement in
April 2024.
“We welcome Lloyd and Mene to our Board as they add significant
experience and proven track records in leading R&D in the life
sciences and biopharmaceutical industries,” said Caroline Dorsa,
Chair of the Biogen Board of Directors. “Lloyd and Mene will bring
fresh perspectives and deep scientific knowledge to our efforts to
bolster the company’s portfolio and achieve long-term, sustainable
growth and positive outcomes for patients.”
As Dean of the Stanford University School of Medicine and Vice
President for Medical Affairs at Stanford University, Dr. Minor has
played an integral role in establishing strategy across the
enterprise of Stanford Medicine, leading all health and medicine
matters in research, clinical care and education at Stanford
University, and driving the transformation of the future of life
sciences at the university. Prior to his current role, he was
Provost and Senior Vice President for Academic Affairs at Johns
Hopkins University, where he also previously served as the Andelot
Professor and Chair of the Department of Otolaryngology at the
School of Medicine and as otolaryngologist-in-chief of the Johns
Hopkins Hospital. In 2012, Dr. Minor was elected to the National
Academy of Medicine.
Dr. Minor has a Sc.B. from Brown University and received his
M.D. from the Warren Alpert Medical School of Brown University. He
is the chair of the board of directors of the Alice L. Walton
School of Medicine, a new medical school being established in
Bentonville, Arkansas. His other board and advisory activities
include serving on the board of directors of Atrio Health Plans and
Caris Life Sciences as well as advisory roles for Goldman Sachs and
General Atlantic.
Prof Sir Pangalos was previously Executive Vice President of
Biopharmaceuticals R&D at AstraZeneca. In this role, Prof Sir
Pangalos was responsible for biopharmaceutical R&D from
discovery through late-stage development, covering areas including
cardiovascular, autoimmune and neurology. He joined AstraZeneca in
2010 as Executive Vice President of Early R&D and led the
transformation of the company’s R&D productivity, as well as
overseeing the creation of AstraZeneca’s new Global R&D Center
in Cambridge, UK. He previously held senior R&D roles at
Pfizer, Wyeth and GSK.
Prof Sir Pangalos has a B.S. in Biochemistry and Molecular
Biology from Imperial College London and received his Ph.D. in
Neuropharmacology from University College London. He is an elected
Fellow of the Royal Society, the Academy of Medical Sciences, the
Royal Society of Biology and Clare Hall, University of Cambridge.
He serves on the boards of The Francis Crick Institute, The Judge
Business School, Cambridge University and Absci Corporation.
“Lloyd and Mene bring research and development knowledge and
industry experience to our Board that will be greatly additive as
we continue to advance Biogen into its next chapter of sustainable
growth,” said Christopher A. Viehbacher, Biogen President and Chief
Executive Officer. “With their collective research expertise and
success driving R&D transformation, they will make immediate
and substantive contributions to Biogen as we continue to expand
our portfolio. I look forward to working with them alongside the
rest of our Board at this important moment for Biogen.”
About BiogenFounded in 1978, Biogen is a
leading biotechnology company that pioneers innovative science to
deliver new medicines to transform patients’ lives and to create
value for shareholders and our communities. We apply deep
understanding of human biology and leverage different modalities to
advance first-in-class treatments or therapies that deliver
superior outcomes. Our approach is to take bold risks, balanced
with return on investment to deliver long-term growth.
We routinely post information that may be important to investors
on our website at www.biogen.com. Follow us on social
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Biogen Safe Harbor This press release
contains forward-looking statements, including relating to: our
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of similar meaning. Drug development and commercialization involve
a high degree of risk, and only a small number of research and
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Results in early-stage clinical trials may not be indicative of
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uncertainties that are described in other reports we have filed
with the U.S. Securities and Exchange Commission. These statements
speak only as of the date of this press release. We do not
undertake any obligation to publicly update any forward-looking
statements.
MEDIA CONTACT:Jack Cox+ 1 781 464
3260public.affairs@biogen.com |
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INVESTOR CONTACT:Chuck Triano+1 781 464 2442IR@biogen.com |
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